
Cheap Apartments for Rent in the University Terrace Neighborhood of Dallas, TX from $400 (102 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Terrace area of Dallas.


Cityscape Apartments

Wildflower Apartments

The Biltmore

Lakeridge Heights

Santa Fe Trails Apartments

The Pearl at Midtown

Cross Creek Apartments

Turtle Dove 1

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Tides on Park Lane
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.

The Venue at Greenville

Lakeside Apartments

6108 Abrams Rd

The Hive

7025 Hemlock Ave, Unit 305

Fisher Trails

Laurel at Lake Highlands

8510 Park Ln

Courtyard Condos

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Everwood Apartments
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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Shoreview Flats

Doverhouse at White Rock

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The Village Dallas

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Oaks White Rock

Trails of White Rock

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Haven Lake Highlands

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Mirasol Park Lane

Live Oaks at the Branch

4512 Amesbury Dr, Unit C

The Standard
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.

Reserve at White Rock

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The Avery on Southwestern

Belclaire

The Lookout

La Cima Newport Condos

Marquita Court

5201 Amesbury Dr, Unit 253

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Teak at the Branch

Ash at the Branch

Arrive on University
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.

5930 Birchbrook Dr

Cedar at the Branch

Sunchase Square Apartments

North Park Terrace

Crestridge Apartments

Lyric Midtown Apartments

East Town

Towne Center Apartments

Calypso Court Apartments

Fair Oaks Carriage Home
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
University Terrace, Dallas, TX Local Guide

How much does it cost to rent an apartment in University Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Terrace Studio Apartments | $1,388 | $725 | $2,308 |
| University Terrace 1 Bedroom Apartments | $1,475 | $749 | $3,031 |
| University Terrace 2 Bedroom Apartments | $1,997 | $965 | $5,627 |
| University Terrace 3 Bedroom Apartments | $3,143 | $1,644 | $6,515 |
Browse Apartments in this Neighborhood
There are currently 102 rentals with your search options within a 2 mile radius of the University Terrace Neighborhood of Dallas, TX.
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University Terrace, Dallas, TX Local Guide
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Cheapest Available University Terrace Apartments for Rent
 The cheapest available apartment rental in the University Terrace area of Dallas, TX is a 1 Bed unit found at East Town priced from $720. Tribeca on the Creek has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable University Terrace apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| East Town | 1x1 | 1BR,1BA | $720 |
| Tribeca on the Creek | S1 | Studio,1BA | $725 |
| Princeton Court | 1 Bedroom, 1 Bath | 1BR,1BA | $730 |
| The Biltmore | 1 Bedroom, 1 Bath | 1BR,1BA | $770 |
| Harvard Square | 1 Bedroom, 1 Bath A | 1BR,1BA | $795 |
| Lakeridge Heights | E1 | Studio,1BA | $799 |
| Santa Fe Trails Apartments | A6 | 1BR,1BA | $799 |
| Wildflower Apartments | Standing Cypress | 1BR,1BA | $805 |
| The Pearl at Midtown | A1 | 1BR,1BA | $844 |
| Cambridge Court | Efficiency A | Studio,1BA | $855 |
Best Value Apartments for Rent in University Terrace, TX
As of July 11, 2026 the best value apartment in the University Terrace area is the $1.14 price per square foot 3x1.5 Model at East Town in the in the East Dallas neighborhood starting from $1,300. The second greatest value University Terrace apartment is the C1 Model at Paxton at Lake Highlands starting at $1,753 with a $1.56 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| East Town | 3x1.5 | 3BR,1.5BA | $1.14 |
| Paxton at Lake Highlands | C1 | 3BR,2BA | $1.56 |
| La Cima Newport Condos | B3B | 2BR,2BA | $1.51 |
| Harvard Square | 2 Bedroom, 1 Bath | 2BR,1BA | $1.41 |
| The Biltmore | 2 Bedroom, 1 1/2 Bath | 2BR,1.5BA | $1.45 |
| Lakeside Apartments | A3 | 1BR,1BA | $1.44 |
| The Sutton on Park Lane | A3 | 1BR,1BA | $1.37 |
| Wildflower Apartments | Standing Cypress | 1BR,1BA | $1.27 |
| Santa Fe Trails Apartments | A1 | 1BR,1BA | $1.52 |
| Princeton Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1.55 |
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.
Read ArticleTop 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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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 $855.
What is the price of a cheap apartment in University Terrace?
The cheapest apartment in University Terrace is East Town which is listed at $720, while the average apartment in University Terrace costs $2,550.
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 82 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 $358 which is $2,192 cheaper than the average rent for all rentals in University Terrace.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.