Cheap Homes for Rent in Downtown Grand Prairie Neighborhood of Grand Prairie, TX from $1,100 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Grand Prairie area of Grand Prairie.

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 319 SE 3rd St

$1,550

3 Bedroom Rentals

Available Apr 20

319 SE 3rd St

Grand PrairieTX75051

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.

Downtown Grand Prairie, Grand Prairie, TX Local Guide

Cheapest Available Downtown Grand Prairie Apartments for Rent

 

The cheapest available apartment rental in the Downtown Grand Prairie area of Dallas, TX is a 1 Bed unit found at The Kace Apartments priced from $850. Parkway Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here are the most affordable Downtown Grand Prairie apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The Kace ApartmentsA1 Traditional1BR,1BA$850
Parkway Villas1/1 620 SF1BR,1BA$870
Evria Terraces (NEW) ApartmentsEFF11BR,1BA$900

Best Value Apartments for Rent in Downtown Grand Prairie, TX

As of April 20, 2026 the best value apartment in the Downtown Grand Prairie area is the $1.34 price per square foot Jade Model at The Belmont Apartment Homes in the in the Enterprise Zone neighborhood starting from $1,479. The second greatest value Downtown Grand Prairie apartment is the 3X2 Model at Oakmont starting at $1,599 with a $1.58 price per square foot in the Enterprise Zone neighborhood. Here is today’s list of the best values for Downtown Grand Prairie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Belmont Apartment HomesJade2BR,2BA$1.34
Oakmont3X23BR,2BA$1.58
Grand ManorTownhome2BR,1.5BA$1.37
Canyon GroveB2R2BR,2BA$1.50
The Mirabel ApartmentsB12BR,1.5BA$1.63
Derby ParkA2GS1BR,1BA$1.56
Lapiz Flats ApartmentsA11BR,1BA$1.37
Donna Lynn Apartments1.11BR,1BA$1.63
Parkway Villas1/1 620 SF1BR,1BA$1.40
Marabella on PioneerA21BR,1BA$1.70

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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
Downtown Grand Prairie, Grand Prairie, TX

Ranked #8

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Downtown Grand Prairie

What type of rentals are currently available in Downtown Grand Prairie?

There are currently 43 Apartments for Rent in Downtown Grand Prairie, TX with pricing that ranges from $799 to $17,274. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Grand Prairie ranging from $1,195 to $5,800.

What is the current price range for Rental Homes in Downtown Grand Prairie?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Grand Prairie ranges from $1,195 to $5,800 with an average monthly rent of $3,169.

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

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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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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.

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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.

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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

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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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.