Cheap Homes for Rent in Grand Prairie, TX from $400 (49 Rentals)

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

property at 2301 Balsam Dr

$945 - $1,000

1 Bedroom Rentals

Available Now

2301 Balsam 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 2300 Balsam Dr

$1,065 - $1,100

1 Bedroom Rentals

Available Now

2300 Balsam Dr

ArlingtonTX76006

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.

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.

The 4-Step Checklist for Moving to Dallas: A Local Expert's Guide to Utilities, Licenses, and Housing

Your ultimate DFW Moving Guide: From finding the perfect Dallas neighborhood (Downtown, Oak Lawn, Casa View) to setting up utilities.

property at 1304 Harwell Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

1304 Harwell Dr, Unit 4821, Unit 4821

1304 Harwell Dr
ArlingtonTX76011

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 Post Oak Place in the Stonewood neighborhood priced from $712. Ronan Apartment Homes in the East Arlington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here is today’s list of the most affordable Grand Prairie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Post Oak PlaceA11BR,1BA$712
Ronan Apartment HomesA21BR,1BA$730
Crest CentreportB1BR,1BA$749
StrattonA11BR,1BA$749
Centreport Landing ApartmentsA11BR,1BA$760
Rise Heather RidgeA1 Classic1BR,1BA$795
The Sherry Apartments1x11BR,1BA$799
Carriage HouseE2Studio,1BA$805
Crest OasisB1BR,1BA$809
The Kace ApartmentsA2 Classic1BR,1BA$810

Best Value Apartments for Rent in Grand Prairie, TX

As of April 25, 2026 the best value apartment in the Grand Prairie area is the $1.34 price per square foot 3 Bedroom 1.5 Bathroom Model at El Paso on the Park in the in the Enterprise Zone neighborhood starting from $1,550. The second greatest value Grand Prairie apartment is the B6 Model at Elliot Windsprint starting at $1,549 with a $1.35 price per square foot in the East Arlington 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.
El Paso on the Park3 Bedroom 1.5 Bathroom2BR,1.5BA$1.34
Elliot WindsprintB62BR,1.5BA$1.35
The Belmont Apartment HomesEden2BR,2BA$1.24
Gala at Oak CrestTwo bedroom patio 602BR,1BA$1.18
VILLA VALENCIATownhome2BR,1.5BA$1.03
HarmonyB12BR,2BA$1.28
Water Ridge ApartmentsB12BR,1BA$1.30
The Mark at 2600B1 Classic2BR,1BA$1.30
Park Row2 Bedroom, 1 Bathroom2BR,1BA$1.34
Providence at Prairie Oaks ApartmentsOne Bedroom One Bathroom 50%1BR,1BA$1.27

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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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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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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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!

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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 $699 to $17,047. There are also 414 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Prairie ranging from $410 to $7,200.

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 $7,200 with an average monthly rent of $2,810.

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 $1,322 to $14,885, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,085.

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.

decorative image for Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX article

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.

decorative image for The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers article

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.

decorative image for An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years article

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.