Cheap Apartments for Rent in the Elmwood Neighborhood of Dallas, TX from $500 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Elmwood area of Dallas.

property at 321 E 8th St

$999 - $1,199

1 Bedroom Rentals

Available Now

321 E 8th St

DallasTX75203

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 404 E 9th St

$1,099 - $1,350

1 To 2 Bedroom Rentals

Available Now

404 E 9th St

DallasTX75203
property at 125 E 8th St

$1,129 - $1,149

1 Bedroom Rentals

Available Now

125 E 8th St

DallasTX75203

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 120 N Madison Ave

$1,174 - $1,499

Studio To 1 Bedroom Rentals

Available Now

120 N Madison Ave

DallasTX75208
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Colonial Hills
1 to 2 Bedroom Apartments

Colonial Hills

326 E Illinois AveDallas, TX 75216
  • Utilities Included

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

From the Bishop Arts District to Uptown, get the real story on Dallas living from a 35-year local. Explore neighborhoods, must-try food spots, and life in the Big D.

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Muse
Studio to 3 Bedroom Apartments

Muse

3035 W Pentagon PkyDallas, TX 75233
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Virginia Apartments
1 Bedroom Apartments

Virginia Apartments

202 S Marsalis AveDallas, TX 75203
  • Utilities Included
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Stoneridge
1 to 2 Bedroom Apartments

Stoneridge

501 N Marsalis AveDallas, TX 75203
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Oaks at Five Mile
Studio to 4 Bedroom Apartments

Oaks at Five Mile

3525 S Polk StDallas, TX 75224
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Polk Villas
Studio to 3 Bedroom Apartments

Polk Villas

3288 S Polk StDallas, TX 75224
  • Utilities Included
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Notre Dame Place
1 Bedroom Apartments

Notre Dame Place

810 S Madison AveDallas, TX 75208
Senior Living
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Cantera Crossing
1 to 3 Bedroom Apartments

Cantera Crossing

2727 W Jefferson BlvdDallas, TX 75211
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Jamestown Apartments
1 to 3 Bedroom Apartments

Jamestown Apartments

3326 Navajo DrDallas, TX 75224
  • Utilities Included
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Bahia Apartments
1 to 3 Bedroom Apartments

Bahia Apartments

3434 Navajo DrDallas, TX 75224
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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3311 at Vernon
1 to 3 Bedroom Apartments

3311 at Vernon

3211-3321 S Vernon AveDallas, TX 75224
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Courtyard on Jefferson
Studio to 2 Bedroom Apartments

Courtyard on Jefferson

2717-2727 W Jefferson BlvdDallas, TX 75211
  • Utilities Included
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The Anderson
1 to 2 Bedroom Apartments

The Anderson

3700 S Tyler StDallas, TX 75224
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Hillburn Hills
2 to 4 Bedroom Apartments

Hillburn Hills

1910 Argentia F...Dallas, TX 75224
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The Courtland
1 to 3 Bedroom Apartments

The Courtland

3504 Fawn Valley DrDallas, TX 75224
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Westwood
1 to 3 Bedroom Apartments

Westwood

3064 Spruce Valley LnDallas, TX 75233
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The Oaks
Studio to 3 Bedroom Apartments

The Oaks

630 S Llewellyn AveDallas, TX 75208
Senior Living

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Elmwood, Dallas, TX Local Guide

Cheapest Available Elmwood Apartments for Rent

 

The cheapest available apartment rental in the Elmwood area of Dallas, TX is a Studio unit found at Muse priced from $668. La Madera has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Elmwood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
MuseE3Studio,1BA$668
La MaderaA2 1x11BR,1BA$850
Courtyards at GatewayA21BR,1BA$850
UNITi Bishop ArtsStudio CStudio,1BA$896
Cantera Crossing1 Bedroom 1 Bathroom - A11BR,1BA$899
Costa Bella1 Bedroom, 1 Bathroom1BR,1BA$955
3311 at VernonA31BR,1BA$985
The Apollo at Bishop RidgeA1-APOL1BR,1BA$999
WINDSOR FOREST APARTMENTS1/11BR,1BA$999
The AndersonA11BR,1BA$1,015

Best Value Apartments for Rent in Elmwood, TX

As of March 07, 2026 the best value apartment in the Elmwood area is the $1.08 price per square foot C1 Model at Westmoreland Station in the in the South Dallas neighborhood starting from $1,432. The second greatest value Elmwood apartment is the Three Bedroom Apartment Model at Five Mile Creek starting at $1,788 with a $1.41 price per square foot in the South Dallas neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westmoreland StationC13BR,2BA$1.08
Five Mile CreekThree Bedroom Apartment3BR,2BA$1.41
Holiday Hills Apartments2 Bedroom 1 Bath2BR,1BA$1.33
Overton Park ApartmentsB12BR,1BA$1.36
Hillburn HillsEl Dorado2BR,1BA$1.37
Crawford Corner1 Bedroom 1 Bathroom1BR,1BA$1.51
WINDSOR FOREST APARTMENTS1/11BR,1BA$1.53
Notre Dame PlaceA21BR,1BA$1.37
La MaderaA2 1x11BR,1BA$1.37
Courtyards at GatewayA21BR,1BA$1.52

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Elmwood, Dallas, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap Elmwood Apartments

What is the Cheapest Studio apartment in Elmwood?

Currently the most affordable Cheap Studio Apartment in Elmwood is at Muse listed at $668.

How much is rent for a Cheap One Bedroom Elmwood Apartment?

The lowest price for a Cheap One Bedroom Elmwood Apartment is $669 at Muse.

What is the lowest price for a Cheap Two Bedroom Elmwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $885 at Courtyards at Gateway.

What is the most affordable Elmwood Three Bedroom Apartment?

The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Muse and starts from $1,236.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Dallas, TX

Written by: Tiffany Clark

Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

decorative image for Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX article

Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Written by: Tiffany Clark

According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

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The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers

Written by: Tiffany Clark

Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

decorative image for An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years article

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

Written by: Tiffany Clark

My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.