Cheap Homes for Rent in Elmwood Neighborhood of Dallas, TX from $500 (12 Rentals)

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

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.

property at 3015 Avon St

3015 Avon St

DallasTX75211
property at 3019 Avon St

3019 Avon St

DallasTX75211

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.

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 $825. Here are the most affordable Elmwood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
MuseE3Studio,1BA$668
La MaderaA2 1x11BR,1BA$825
Cantera Crossing1 Bedroom 1 Bathroom - A11BR,1BA$875
Courtyards at GatewayA21BR,1BA$925
Overton Park ApartmentsA11BR,1BA$950

Best Value Apartments for Rent in Elmwood, TX

As of November 17, 2025 the best value apartment in the Elmwood area is the $1.32 price per square foot Three Bedroom Apartment Model at Five Mile Creek in the in the South Dallas neighborhood starting from $1,680. The second greatest value Elmwood apartment is the B4 Model at 3311 at Vernon starting at $1,175 with a $0.97 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.
Five Mile CreekThree Bedroom Apartment3BR,2BA$1.32
3311 at VernonB42BR,1.5BA$0.97
Agave AzulTwo Bedroom-Two Bath2BR,2BA$1.29
Nolen Grand ApartmentsA11BR,1BA$1.53
Hillburn HillsEl Dorado2BR,1BA$1.33
Westmoreland StationA11BR,1BA$1.43
COUNTRY GREEN1/11BR,1BA$1.35
WINDSOR FOREST APARTMENTS1/11BR,1BA$1.49
La MaderaA1 1x11BR,1BA$1.56
MuseE3Studio ,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.

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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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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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Pet Friendly Lifestyle
Elmwood, Dallas, TX

Ranked #105

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Elmwood

What type of rentals are currently available in Elmwood?

There are currently 190 Apartments for Rent in Elmwood, TX with pricing that ranges from $925 to $4,928. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood ranging from $580 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 $580 to $6,000 with an average monthly rent of $2,652.

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 $950 to $4,928, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,990. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,015.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.