Cheap Apartments for Rent in the University Terrace Neighborhood of Dallas, TX from $400 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Terrace 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.

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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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An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

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property at 401 N Carroll Ave

401 N Carroll Ave

DallasTX75246
property at 8510 Park Ln

8510 Park Ln

DallasTX75231
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North Park Terrace
Studio to 2 Bedroom Apartments

North Park Terrace

8662 Park LnDallas, TX 75231
  • Utilities Included

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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Park Towne Villas
1 to 2 Bedroom Apartments

Park Towne Villas

7117 Holly Hill DrDallas, TX 75231
Senior Living
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Princeton Court
1 to 2 Bedroom Apartments

Princeton Court

6121 Melody LnDallas, TX 75231
Corporate Housing
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Haven Apartments
Studio to 2 Bedroom Apartments

Haven Apartments

5827 Blackwell StDallas, TX 75231
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Urbano at Midtown
1 to 2 Bedroom Apartments

Urbano at Midtown

6810 Shadybrook LnDallas, TX 75231
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Echo @ Midtown
1 to 2 Bedroom Apartments

Echo @ Midtown

7131 Holly Hill DrDallas, TX 75231
  • Utilities Included
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6050 Melody Ln
Studio to 2 Bedroom Apartments

6050 Melody Ln

6050 Melody LnDallas, TX 75231

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 2

University Terrace, Dallas, TX Local Guide

Cheapest Available University Terrace Apartments for Rent

 

The cheapest available apartment rental in the University Terrace area of Dallas, TX is a Studio unit found at Cityscape priced from $699. The Biltmore has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here are the most affordable University Terrace apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
CityscapeUptown - StudioStudio,1BA$699
The Biltmore1 Bedroom, 1 Bath1BR,1BA$715
Princeton Court1 Bedroom, 1 Bath1BR,1BA$715
Harvard Square1 Bedroom, 1 Bath1BR,1BA$720
Tides on Park LaneA11BR,1BA$769
Wildflower ApartmentsTexas Bluebonnet1BR,1BA$775
Tribeca on the CreekA11BR,1BA$810
Cross Creek ApartmentsA11BR,1BA$840
The Sutton on Park LaneA21BR,1BA$862
Turtle Dove 1S4 - 0 Bedroom 1 BathroomStudio,1BA$869

Best Value Apartments for Rent in University Terrace, TX

As of November 21, 2025 the best value apartment in the University Terrace area is the $1.55 price per square foot Excel Model at Arrive on University in the in the East Dallas neighborhood starting from $1,800. The second greatest value University Terrace apartment is the C1 Model at Paxton at Lake Highlands starting at $1,623 with a $1.45 price per square foot in the East Dallas neighborhood. Here is today’s list of the best values for University Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arrive on UniversityExcel2BR,2BA$1.55
Paxton at Lake HighlandsC13BR,2BA$1.45
The Pearl at MidtownB22BR,2BA$1.25
The Trellis at Lake Highlands2 Bedroom 2 Bath2BR,2BA$1.30
The Biltmore1 Bedroom, 1 Bath (with Den)1BR,1BA$1.38
The Sutton on Park LaneA21BR,1BA$1.41
Tribeca on the CreekA11BR,1BA$1.38
Wildflower ApartmentsTexas Bluebonnet1BR,1BA$1.53
Harvard Square1 Bedroom, 1 Bath1BR,1BA$1.44
Princeton Court1 Bedroom, 1 Bath1BR,1BA$1.51

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
University Terrace, Dallas, TX

Ranked #60

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
University Terrace, Dallas, TX

School data provided by Great Schools

Lifestyle Ratings

This website works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Texas, including Dallas. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University Terrace Apartments

What is a cheap apartment in University Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Terrace is under $869.

What is the price of a cheap apartment in University Terrace?

The cheapest apartment in University Terrace is The Biltmore which is listed at $715, while the average apartment in University Terrace costs $2,350.

What types of apartments are the cheapest in University Terrace?

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 113 regular apartments in University Terrace 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 Terrace?

Cheap apartments in University Terrace have an average cost of $435 which is $1,915 cheaper than the average rent for all rentals in University Terrace.

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.

decorative image for The 10 Best Affordable Neighborhoods in Dallas, TX article

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.