
Cheap Apartments for Rent in the University Park Neighborhood of Dallas, TX from $1,000 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Park area of Dallas.


Belclaire

Lofts at Mockingbird Station Apartments

The Caruth Premier Townhome Apartments

3312 Daniel Ave

5909 Luther Ln
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.

McFarlin Place Apartments

Magnolia at Inwood Village

Magnolia at Inwood Village II

Rosedale Townhomes

3525 Normandy

Palm Court Apartments
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.

3428 Hursey St
University Park, Dallas, TX Local Guide

How much does it cost to rent an apartment in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park Studio Apartments | $1,650 | $1,302 | $2,756 |
| University Park 1 Bedroom Apartments | $2,368 | $1,248 | $4,600 |
| University Park 2 Bedroom Apartments | $4,143 | $1,592 | $10,000+ |
| University Park 3 Bedroom Apartments | $9,864 | $2,715 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the University Park Neighborhood of Dallas, TX.
See all Apartments in DallasExplore Dallas
Cheapest Available University Park Apartments for Rent
 The cheapest available apartment rental in the University Park area of Dallas, TX is a 1 Bed unit found at 5 Mockingbird Apartments priced from $1,248. Belclaire has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here are the most affordable University Park apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5 Mockingbird Apartments | A9 | 1BR,1BA | $1,248 |
| Belclaire | A3 | 1BR,1BA | $1,375 |
| Lofts at Mockingbird Station Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,822 |
| Magnolia at Inwood Village II | A4 Wisteria 1x1 764sf | 1BR,1BA | $1,990 |
| The Caruth Premier Townhome Apartments | THE PURDUE | 1BR,1BA | $2,345 |
Best Value Apartments for Rent in University Park, TX
As of January 25, 2026 the best value apartment in the University Park area is the $4.83 price per square foot PH6 Model at Hanover Preston Hollow in the in the North Dallas neighborhood starting from $12,163. The second greatest value University Park apartment is the Unit C - Three Bedroom Model at 3525 Normandy starting at $8,300 with a $4.37 price per square foot in the East Dallas neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hanover Preston Hollow | PH6 | 2BR,2.5BA | $4.83 |
| 3525 Normandy | Unit C - Three Bedroom | 3BR,3BA | $4.37 |
| Lofts at Mockingbird Station Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.98 |
| McFarlin Place Apartments | C2 | 3BR,2BA | $2.39 |
| The Caruth Premier Townhome Apartments | THE STANFORD | 2BR,1BA | $2.87 |
| Magnolia at Inwood Village | Primrose | 2BR,2BA | $2.55 |
| Parke at UP | 2 Bedroom 2 Bathroom | 2BR,2BA | $3.02 |
| Magnolia at Inwood Village II | A4 Wisteria 1x1 764sf | 1BR,1BA | $2.60 |
| 5 Mockingbird Apartments | E | Studio ,1BA | $2.37 |
| Belclaire | S1 | Studio ,1BA | $2.99 |
Frequently Asked Questions about Cheap University Park Apartments
What is a cheap apartment in University Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $3,420.
What is the price of a cheap apartment in University Park?
The cheapest apartment in University Park is 5 Mockingbird Apartments which is listed at $1,248, while the average apartment in University Park costs $10,816.
What types of apartments are the cheapest in University Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 35 regular apartments in University Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in University Park?
Cheap apartments in University Park have an average cost of $343 which is $10,473 cheaper than the average rent for all rentals in University Park.
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

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.

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.