Cheap Homes for Rent in Grand Peninsula Neighborhood of Grand Prairie, TX from $900 (23 Rentals)

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Search the lowest-cost Homes 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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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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Showing Results 1-23, Page 1 of 1

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 The Sherry Apartments priced from $799. Regency Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Grand Peninsula apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The Sherry Apartments1x11BR,1BA$799
Regency ApartmentsStudioStudio,1BA$875
Clayton Pointe1 Bedroom 1 Bathroom - A11BR,1BA$899
Mercer Park1 bed 1 Bath1BR,1BA$899
Elliot WindsprintA21BR,1BA$969

Best Value Apartments for Rent in Grand Peninsula, TX

As of April 20, 2026 the best value apartment in the Grand Peninsula area is the $1.48 price per square foot HUDSON Model at Tribeca Townhomes in the in the Brookfield North neighborhood starting from $3,000. The second greatest value Grand Peninsula apartment is the C1 Model at The Watson starting at $2,209 with a $1.57 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.
Tribeca TownhomesHUDSON3BR,3BA$1.48
The WatsonC13BR,2BA$1.57
Elliot WindsprintB62BR,1.5BA$1.35
Heather Glen Townhomes Phase IIB12BR,2BA$1.55
HarmonyB22BR,2BA$1.26
HendrixB12BR,1BA$1.51
Park Row2 Bedroom, 1 Bathroom2BR,1BA$1.34
Tree Top Apartments1 Bed x 1 Bath1BR,1BA$1.44
The Park on ForumA21BR,1BA$1.52
The Sherry Apartments1x11BR,1BA$1.36

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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Best Local Schools in
Grand Peninsula, Grand Prairie, TX

School data provided by Great Schools

Frequently Asked Questions about Grand Peninsula

What type of rentals are currently available in Grand Peninsula?

There are currently 84 Apartments for Rent in Grand Peninsula, TX with pricing that ranges from $730 to $14,197. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Peninsula ranging from $900 to $6,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Peninsula ranges from $900 to $6,500 with an average monthly rent of $2,784.

How much are larger Three and Four Bedroom Rentals in Grand Peninsula?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Grand Peninsula range from $1,367 to $14,197, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,255. Four Bedroom Single-Family rentals are also available starting from $2,099 and Four Bedroom Apartments start at $5,757.

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

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

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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.