Cheap Homes for Rent in Grand Prairie, TX from $400 (62 Rentals)

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

property at 2311 Balsam Dr

$875 - $1,250

1 Bedroom Rentals

Available Now

2311 Balsam Dr

ArlingtonTX76006
property at 2311 Basil Dr

$895 - $1,525

1 To 2 Bedroom Rentals

Available Now

2311 Basil Dr

ArlingtonTX76006
property at 2301 Basil Dr

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Condo for Rent

Available Now

2301 Basil Dr, Unit F302

2301 Basil Dr
ArlingtonTX76006

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 1204 Harwell Dr

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

1 Bedroom, 1 Bath Condo for Rent

Available Now

1204 Harwell Dr, Unit 2122

1204 Harwell Dr
ArlingtonTX76011

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.

property at 1310 Harwell Dr

$1,130

Total Monthly Price

Total Monthly Price

Base Rent
$1,130

Total Monthly Price
$1,130

1 Bedroom, 1 Bath Condo for Rent

Available Now

1310 Harwell Dr, Unit 4721

1310 Harwell Dr
ArlingtonTX76011

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.

property at 2311 Balsam Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Jul 3

2311 Balsam Dr, Unit H103

2311 Balsam Dr
ArlingtonTX76006
property at 2300 Bamboo Dr

$1,250 - $1,525

1 To 2 Bedroom Rentals

Available Now

2300 Bamboo Dr

ArlingtonTX76006
property at 1704 Baird Farm Cir

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

1 Bedroom, 1 Bath Condo for Rent

Available Now

1704 Baird Farm Cir, Unit 4306

1704 Baird Farm Cir
ArlingtonTX76006

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.

Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area

Your complete guide to renting in the DFW suburbs. Learn about 5 cities near Dallas—from the affordability of Duncanville to the upscale living of Southlake—to choose where to call home.

Grand Prairie, TX Local Guide

Cheapest Available Grand Prairie Apartments for Rent

 

The cheapest available apartment rental in Grand Prairie, TX is a 1 Bed unit found at Crest Centreport in the Stonewood neighborhood priced from $729. Harmony in the East Arlington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here is today’s list of the most affordable Grand Prairie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest CentreportB1BR,1BA$729
HarmonyA11BR,1BA$729
Crest OasisAStudio,1BA$739
StrattonA11BR,1BA$749
Centreport Landing ApartmentsA11BR,1BA$760
Cedar Bend ApartmentsA11BR,1BA$780
The Sherry Apartments1x11BR,1BA$799
Carriage HouseE2Studio,1BA$805
Palmilla ApartmentsE1 RenovatedStudio,1BA$810
Summit RidgeA1: 1 Bed 1 Bath1BR,1BA$810

Best Value Apartments for Rent in Grand Prairie, TX

As of June 09, 2026 the best value apartment in the Grand Prairie area is the $1.28 price per square foot B4 Model at Elliot Windsprint in the in the East Arlington neighborhood starting from $1,364. The second greatest value Grand Prairie apartment is the Two bedroom patio 60 Model at Gala at Oak Crest starting at $1,114 with a $1.18 price per square foot in the Hurst Euless Bedford neighborhood. Here is today’s list of the best values for Grand Prairie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Elliot WindsprintB42BR,2BA$1.28
Gala at Oak CrestTwo bedroom patio 602BR,1BA$1.18
VILLA VALENCIATownhome2BR,1.5BA$1.03
Parkway Villas2/1 870 SF2BR,1BA$1.17
The WatsonA11BR,1BA$1.27
Riverview Fourplexes2 Beds, 1 Baths2BR,1BA$1.18
2215 Riverview Dr2 Beds, 1 Baths2BR,1BA$1.22
Ashton ParkThe Ash1BR,1BA$1.28
Post Oak PlaceA31BR,1BA$1.28
The Creek At Brookhollow ApartmentsA31BR,1BA$1.29

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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Grand Prairie, TX
Population: 194,614

Ranked #126

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Grand Prairie, TX Rentals by Map

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Frequently Asked Questions about Grand Prairie

What type of rentals are currently available in Grand Prairie?

There are currently 426 Apartments for Rent in Grand Prairie, TX with pricing that ranges from $627 to $17,763. There are also 402 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Prairie ranging from $410 to $8,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Prairie ranges from $410 to $8,000 with an average monthly rent of $2,739.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Grand Prairie range from $1,346 to $12,045, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,625 to $4,250. Four Bedroom Single-Family rentals are also available starting from $2,219 and Four Bedroom Apartments start at $2,145.

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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.