Cheap Apartments for Rent in the University Terrace Neighborhood of Dallas, TX from $400 (102 Rentals)

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

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Tides on Park Lane
Rent Specials
$897 - $1,657
Total Monthly Price

Total Monthly Price

Base Rent
$897 - $1,657

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Tides on Park Lane

8780 Park LnDallas, TX 75231
Affordability
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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.

property at 6108 Abrams Rd

$895 - $1,600

1 To 2 Bedroom Rentals

Available Now

6108 Abrams Rd

DallasTX75231
property at 8510 Park Ln

$1,055 - $1,195

1 Bedroom Rentals

Available Now

8510 Park Ln

DallasTX75231
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Everwood Apartments
$1,203 - $1,946
Total Monthly Price

Total Monthly Price

Base Rent
$1,203 - $1,946

Total Monthly Price
$1,203 - $1,946
1 to 2 Bedroom Apartments Available Now

Everwood Apartments

6910 Skillman StDallas, TX 75231
Corporate Housing
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  • Utilities Included

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
Rent Specials
$1,253 - $4,678
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Total Monthly Price

Base Rent
$1,253 - $4,678

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Shoreview Flats

10151 Shoreview RdDallas, TX 75238
Family Friendly
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The Village Dallas
$1,299 - $6,515
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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
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Oaks White Rock
Rent Specials
$1,312 - $2,664
Total Monthly Price

Total Monthly Price

Base Rent
$1,312 - $2,664

Total Monthly Price
$1,312 - $2,664
1 to 2 Bedroom Apartments Available Now

Oaks White Rock

9000 Poppy DrDallas, TX 75218
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Haven Lake Highlands
Rent Specials
$1,325 - $3,854
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $3,854

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Haven Lake Highlands

7077 Watercrest PkwyDallas, TX 75231
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Mirasol Park Lane
Rent Specials
$1,347 - $3,384
Total Monthly Price

Total Monthly Price

Base Rent
$1,347 - $3,384

Total Monthly Price
$1,347 - $3,384
Studio to 2 Bedroom Apartments Available Now

Mirasol Park Lane

8110 Park LnDallas, TX 75231
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property at 4512 Amesbury Dr

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Condo for Rent

Available Now

4512 Amesbury Dr, Unit C

4512 Amesbury Dr
DallasTX75206

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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Teak at the Branch
Rent Specials
$1,573 - $2,916
Total Monthly Price

Total Monthly Price

Base Rent
$1,573 - $2,916

Total Monthly Price
$1,573 - $2,916
1 to 2 Bedroom Apartments Available Now

Teak at the Branch

4601 Amesbury DrDallas, TX 75206
Affordability
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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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North Park Terrace
Studio to 2 Bedroom Apartments

North Park Terrace

8662 Park LnDallas, TX 75231
  • Utilities Included
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East Town
1 to 3 Bedroom Apartments

East Town

6415 Melody LnDallas, TX 75231
Corporate Housing

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

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 ListingModel NameBed/BathPriced From
East Town1x11BR,1BA$720
Tribeca on the CreekS1Studio,1BA$725
Princeton Court1 Bedroom, 1 Bath1BR,1BA$730
The Biltmore1 Bedroom, 1 Bath1BR,1BA$770
Harvard Square1 Bedroom, 1 Bath A1BR,1BA$795
Lakeridge HeightsE1Studio,1BA$799
Santa Fe Trails ApartmentsA61BR,1BA$799
Wildflower ApartmentsStanding Cypress1BR,1BA$805
The Pearl at MidtownA11BR,1BA$844
Cambridge CourtEfficiency AStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
East Town3x1.53BR,1.5BA$1.14
Paxton at Lake HighlandsC13BR,2BA$1.56
La Cima Newport CondosB3B2BR,2BA$1.51
Harvard Square2 Bedroom, 1 Bath2BR,1BA$1.41
The Biltmore2 Bedroom, 1 1/2 Bath2BR,1.5BA$1.45
Lakeside ApartmentsA31BR,1BA$1.44
The Sutton on Park LaneA31BR,1BA$1.37
Wildflower ApartmentsStanding Cypress1BR,1BA$1.27
Santa Fe Trails ApartmentsA11BR,1BA$1.52
Princeton Court1 Bedroom, 1 Bath1BR,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.

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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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Real 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.

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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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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.

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