
Cheap Homes for Rent in University Park Neighborhood of Dallas, TX from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the University Park area of Dallas.


6211 W Northwest Hwy

5609 SMU Boulevard, Unit 305
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.

5609 SMU Boulevard

3440 Rosedale Ave

4510 Druid 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.
University Park, Dallas, TX Local Guide

How much does it cost to rent a home in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park 2 Bedroom Homes for Rent | $3,939 | $1,900 | $6,500 |
| University Park 3 Bedroom Homes for Rent | $6,728 | $3,250 | $10,000+ |
| University Park 4 Bedroom Homes for Rent | $11,643 | $7,950 | $10,000+ |
| University Park 5 Bedroom Homes for Rent | $17,125 | $9,500 | $10,000+ |
| University Park 6 Bedroom Homes for Rent | $24,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the University Park Neighborhood of Dallas, TX.
Explore Dallas
Cheapest Available University Park Apartments for Rent
 The cheapest available apartment rental in the University Park area of Dallas, TX is a Studio unit found at 5 Mockingbird Apartments priced from $1,184. Belclaire has the second lowest priced unit, which is a Studio apartment currently listed from $1,525. Here are the most affordable University Park apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5 Mockingbird Apartments | E | Studio,1BA | $1,184 |
| Belclaire | S1 | Studio,1BA | $1,525 |
| 3312 Daniel Ave | S1 | Studio,1BA | $2,000 |
Best Value Apartments for Rent in University Park, TX
As of June 18, 2026 the best value apartment in the University Park area is the $4.21 price per square foot PH8 Model at Hanover Preston Hollow in the in the North Dallas neighborhood starting from $14,173. The second greatest value University Park apartment is the Gardenia Model at Magnolia at Inwood Village starting at $2,599 with a $2.32 price per square foot in the Northwest 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 | PH8 | 3BR,3.5BA | $4.21 |
| Magnolia at Inwood Village | Gardenia | 2BR,2BA | $2.32 |
| Magnolia at Inwood Village II | B2 Gardenia 2x2 1080sf | 2BR,2BA | $2.41 |
| Eastline Residences | 1BR 1.5BA w/ Den (1061 SF) | 1BR,1.5BA | $4.19 |
| Parke at UP | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.93 |
| The Caruth Premier Townhome Apartments | THE AMHERST | 1BR,1BA | $2.90 |
| 5 Mockingbird Apartments | E | Studio ,1BA | $2.16 |
| Belclaire | S1 | Studio ,1BA | $3.09 |
Frequently Asked Questions about University Park
What type of rentals are currently available in University Park?
There are currently 103 Apartments for Rent in University Park, TX with pricing that ranges from $1,121 to $20,768. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $1,250 to $28,000.
What is the current price range for Rental Homes in University Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Park ranges from $1,250 to $28,000 with an average monthly rent of $9,621.
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
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The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers
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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
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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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.