
Cheap Homes for Rent in Elmwood Neighborhood of Dallas, TX from $300 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Elmwood area of Dallas.


215 N Jester Ave

2823 Burlington Blvd

2723 Engle Ave

1115 Tarpley Ave

122 Hollywood Ave

3873 Rugged Cir
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.

2535 Sharon St

928 S Windomere Ave

409 E 9th St

409 E 9th St

308 E 8th St

409 E 9th St

409 E 9th St
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.

409 E 9th St

409 E 9th St

Room in House on W Brooklyn Ave

1826 Ramsey Ave

3015 Avon St

710 Boulevard Blvd

308 E 8th St
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.
Elmwood, Dallas, TX Local Guide

How much does it cost to rent a home in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood 2 Bedroom Homes for Rent | $2,071 | $1,125 | $3,200 |
| Elmwood 3 Bedroom Homes for Rent | $2,609 | $1,495 | $5,500 |
| Elmwood 4 Bedroom Homes for Rent | $3,451 | $1,900 | $6,000 |
| Elmwood 5 Bedroom Homes for Rent | $3,750 | $3,750 | $3,750 |
| Elmwood 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Elmwood Neighborhood of Dallas, TX.
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Elmwood, Dallas, TX Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Muse | E3 | Studio,1BA | $668 |
| La Madera | A2 1x1 | 1BR,1BA | $850 |
| Courtyards at Gateway | A2 | 1BR,1BA | $850 |
| Cantera Crossing | 1 Bedroom 1 Bathroom - A2 | 1BR,1BA | $895 |
| UNITi Bishop Arts | Studio C | Studio,1BA | $896 |
Best Value Apartments for Rent in Elmwood, TX
As of February 18, 2026 the best value apartment in the Elmwood area is the $1.41 price per square foot Three Bedroom Apartment Model at Five Mile Creek in the in the South Dallas neighborhood starting from $1,788. The second greatest value Elmwood apartment is the 2 Bedroom 1 Bath Model at Holiday Hills Apartments starting at $1,375 with a $1.33 price per square foot in the Oak Cliff neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Five Mile Creek | Three Bedroom Apartment | 3BR,2BA | $1.41 |
| Holiday Hills Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| The Oaks at Hampton | B1 | 2BR,1BA | $1.31 |
| Overton Park Apartments | B1 | 2BR,1BA | $1.36 |
| Hillburn Hills | El Dorado | 2BR,1BA | $1.33 |
| WINDSOR FOREST APARTMENTS | 1/1 | 1BR,1BA | $1.56 |
| Notre Dame Place | A2 | 1BR,1BA | $1.37 |
| La Madera | A2 1x1 | 1BR,1BA | $1.37 |
| Courtyards at Gateway | A2 | 1BR,1BA | $1.52 |
| Muse | E3 | Studio ,1BA | $1.54 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleTop 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
Read ArticleQuick 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.
Best Local Schools in Elmwood, Dallas, TX
School data provided by Great Schools
Frequently Asked Questions about Elmwood
What type of rentals are currently available in Elmwood?
There are currently 180 Apartments for Rent in Elmwood, TX with pricing that ranges from $725 to $4,666. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood ranging from $395 to $6,000.
What is the current price range for Rental Homes in Elmwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmwood ranges from $395 to $6,000 with an average monthly rent of $2,638.
How much are larger Three and Four Bedroom Rentals in Elmwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elmwood range from $1,360 to $4,666, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,695.
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

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.

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.

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.

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

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.

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.

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.

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.