Cheap Apartments for Rent in the Lakewood Neighborhood of Dallas, TX from $500 (104 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 401 N Carroll Ave

$1,128 - $1,494

Studio To 1 Bedroom Rentals

Available May 1

401 N Carroll Ave

DallasTX75246

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 5917 Gaston Ave

$1,225 - $1,425

1 To 2 Bedroom Rentals

Available Now

5917 Gaston Ave

DallasTX75214
property at 2175 Tucker St

$1,202 - $2,179

1 To 2 Bedroom Rentals

Available Now

2175 Tucker St

DallasTX75214
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The Village Dallas
$1,299 - $6,515
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $6,515
Total Monthly Price
$1,299 - $6,515
1 to 3 Bedroom Apartments Available Now

The Village Dallas

5605 Village Glen DrDallas, TX 75206
Corporate Housing
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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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Oaks White Rock
Rent Specials
$1,352 - $2,659
Total Monthly Price

Total Monthly Price

Base Rent
$1,352 - $2,659
Total Monthly Price
$1,352 - $2,659
1 to 2 Bedroom Apartments Available Now

Oaks White Rock

9000 Poppy DrDallas, TX 75218
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Teak at the Branch
Rent Specials
$1,460 - $2,490
Total Monthly Price

Total Monthly Price

Base Rent
$1,460 - $2,490
Total Monthly Price
$1,460 - $2,490
1 to 2 Bedroom Apartments Available Now

Teak at the Branch

4601 Amesbury DrDallas, TX 75206
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5204 Junius St
$1,555 - $1,655
Total Monthly Price

Total Monthly Price

Base Rent
$1,555 - $1,655
Total Monthly Price
$1,555 - $1,655
1 Bedroom Apartments Available Now

5204 Junius St

5204 Junius StDallas, TX 75214
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The 4-Step Checklist for Moving to Dallas: A Local Expert's Guide to Utilities, Licenses, and Housing

Your ultimate DFW Moving Guide: From finding the perfect Dallas neighborhood (Downtown, Oak Lawn, Casa View) to setting up utilities.

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property at 10128 Kilarney Dr

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795
Total Monthly Price
$1,795

2 Bedroom, 1 Bath Home for Rent

Available Now

10128 Kilarney Dr

DallasTX75218
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Casa Blanca
1 to 2 Bedroom Apartments

Casa Blanca

2165 Highland RdDallas, TX 75228

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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Showing Results 1-50, Page 1 of 3

Lakewood, Dallas, TX Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of Dallas, TX is a Studio unit found at Halston priced from $870. Maya at White Rock Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Lakewood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
HalstonE1Studio,1BA$870
Maya at White Rock Apartments1 Bed 1 Bath1BR,1BA$899
Stardust ApartmentsWarwickStudio,1BA$975
Bluffs at LakewoodA21BR,1BA$999
The Eagle at LakewoodA11BR,1BA$1,006
The MondelloA1-50%1BR,1BA$1,037
Lakewood Plaza0 Bedrooms, 1 BathroomStudio,1BA$1,040
Carriage HouseA11BR,1BA$1,050
Lakewood on the TrailA11BR,1BA$1,060
San BenitoB12BR,1BA$1,095

Best Value Apartments for Rent in Lakewood, TX

As of April 13, 2026 the best value apartment in the Lakewood area is the $1.80 price per square foot B2 Model at Perry Row in the in the East Dallas neighborhood starting from $2,935. The second greatest value Lakewood apartment is the Chardonnay Model at Veranda Flats starting at $1,899 with a $1.73 price per square foot in the East Dallas neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Perry RowB22BR,2.5BA$1.80
Veranda FlatsChardonnay2BR,2BA$1.73
The MondelloB2-60%2BR,2BA$1.53
London ApartmentsOxford2BR,1BA$1.72
San BenitoB12BR,1BA$1.22
5204 Junius StNova1BR,1BA$1.91
Reserve at White RockA1 TH1BR,1BA$1.79
Carriage HouseA11BR,1BA$1.74
HalstonE1Studio ,1BA$1.69
Maya at White Rock Apartments1 Bed 1 Bath1BR,1BA$1.93

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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
Lakewood, Dallas, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Dallas. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, places that make kids happy, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Lakewood Apartments

What is the Cheapest Studio apartment in Lakewood?

Currently the most affordable Cheap Studio Apartment in Lakewood is at Halston listed at $870.

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

The lowest price for a Cheap One Bedroom Lakewood Apartment is $899 at Maya at White Rock Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $1,095 at San Benito.

What is the most affordable Lakewood Three Bedroom Apartment?

The best deal on a cheap Lakewood Three Bedroom Apartment rental is at The Hive and starts from $1,790.

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.

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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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.