Cheap Apartments for Rent in the Grand Peninsula Neighborhood of Grand Prairie, TX from $600 (124 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Grand Peninsula 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.

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Windscape Apartments
Rent Specials
$1,095 - $1,590
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$1,095 - $1,590

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1 to 2 Bedroom Apartments Available Now

Windscape Apartments

3099 Parham DrGrand Prairie, TX 75052
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Arden at Midtown GP
Rent Specials
$1,299 - $2,514
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$1,299 - $2,514

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$1,299 - $2,514
1 to 2 Bedroom Apartments Available Now

Arden at Midtown GP

3711 S State Highway 161Grand Prairie, TX 75052
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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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Jovia
$1,331 - $2,475
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$1,331 - $2,475

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$1,331 - $2,475
1 to 3 Bedroom Apartments Available Now

Jovia

1225 W Interstate 20Grand Prairie, TX 75052
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Copeland
Rent Specials
$1,368 - $5,454
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$1,368 - $5,454

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1 to 3 Bedroom Apartments Available Jul 4

Copeland

2045 S Forum DrGrand Prairie, TX 75052
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Luxia Grand Prairie
Rent Specials
$1,430 - $4,624
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$1,430 - $4,624

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1 to 3 Bedroom Apartments Available Now

Luxia Grand Prairie

2015 S Forum DrGrand Prairie, TX 75052
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The Bradbury
Rent Specials
$1,434 - $5,609
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$1,434 - $5,609

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$1,434 - $5,609
Studio to 3 Bedroom Apartments Available Now

The Bradbury

2136 Sara Jane PkyGrand Prairie, TX 75052
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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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Jefferson Lakehaven
Rent Specials
$1,451 - $2,620
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$1,451 - $2,620

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$1,451 - $2,620
1 to 3 Bedroom Apartments Available Now

Jefferson Lakehaven

7152 N State Hwy 360Grand Prairie, TX 75052
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Axis Grand Crossing
Rent Specials
$1,515 - $3,400
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$1,515 - $3,400

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Studio to 3 Bedroom Apartments Available Now

Axis Grand Crossing

1661 S Forum DrGrand Prairie, TX 75052
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Corsair
Rent Specials
$1,543 - $3,178
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$1,543 - $3,178

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1 to 3 Bedroom Apartments Available Now

Corsair

2105 S Forum DrGrand Prairie, TX 75052
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The Gibson
$1,555 - $2,105
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$1,555 - $2,105

Total Monthly Price
$1,555 - $2,105
Studio to 2 Bedroom Apartments Available Now

The Gibson

2422 S Carrier PkyGrand Prairie, TX 75051
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The Westlyn
Rent Specials
$1,609 - $2,569
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$1,609 - $2,569

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1 to 2 Bedroom Apartments Available Now

The Westlyn

1150 E IH-20Grand Prairie, TX 75052
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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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Ascend at Forum
Rent Specials
$1,707 - $2,742
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$1,707 - $2,742

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1 to 3 Bedroom Apartments Available Now

Ascend at Forum

2300 Forum DrGrand Prairie, TX 75052
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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.

Grand Peninsula, Grand Prairie, TX Local Guide

Cheapest Available Grand Peninsula Apartments for Rent

 

The cheapest available apartment rental in the Grand Peninsula area of Dallas, TX is a 1 Bed unit found at Park at Timberlake priced from $699. Harmony has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Grand Peninsula apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Park at TimberlakeA2R1BR,1BA$699
HarmonyA21BR,1BA$799
Elliot WindsprintA11BR,1BA$830
Mercer Park1 bed 1 Bath1BR,1BA$849
Ashton ParkThe Ash1BR,1BA$899
Clayton Pointe1 Bedroom 1 Bathroom - A11BR,1BA$925
Williamsburg ApartmentsOne Bedroom1BR,1BA$950
The Reid ApartmentsA1 Renovated1BR,1BA$980
Marabella on PioneerB22BR,1BA$1,025
Regency ApartmentsA41BR,1BA$1,050

Best Value Apartments for Rent in Grand Peninsula, TX

As of June 29, 2026 the best value apartment in the Grand Peninsula area is the $1.35 price per square foot C1 Model at Indigo Pointe in the in the East Arlington neighborhood starting from $1,680. The second greatest value Grand Peninsula apartment is the C1 Model at The Park on Forum starting at $1,780 with a $1.55 price per square foot in the East Arlington neighborhood. Here is today’s list of the best values for Grand Peninsula apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Indigo PointeC13BR,2BA$1.35
The Park on ForumC13BR,2BA$1.55
HendrixB22BR,2BA$1.33
The WatsonA11BR,1BA$1.27
HarmonyB12BR,2BA$1.28
Elliot WindsprintA21BR,1BA$1.10
Tree Top Apartments1 Bed x 1 Bath1BR,1BA$1.44
Regency ApartmentsA41BR,1BA$1.39
Ashton ParkThe Ash1BR,1BA$1.28
Park at TimberlakeA1R1BR,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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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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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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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Texas including Grand Peninsula, Grand Prairie, and the greater Dallas area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Grand Peninsula Apartments

What is a cheap apartment in Grand Peninsula?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grand Peninsula is under $1,050.

What is the price of a cheap apartment in Grand Peninsula?

The cheapest apartment in Grand Peninsula is Park at Timberlake which is listed at $699, while the average apartment in Grand Peninsula costs $18,546.

What types of apartments are the cheapest in Grand Peninsula?

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 61 regular apartments in Grand Peninsula 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 Grand Peninsula?

Cheap apartments in Grand Peninsula have an average cost of $240 which is $18,306 cheaper than the average rent for all rentals in Grand Peninsula.

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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The 10 Best Affordable Neighborhoods in Dallas, TX

Written by: Tiffany Clark

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.

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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.

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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.