Cheap Apartments for Rent in the Lake Parks 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 Lake Parks 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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Jovia
$1,158 - $2,445
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$1,158 - $2,445
Total Monthly Price
$1,158 - $2,445
1 to 3 Bedroom Apartments Available Now

Jovia

1225 W Interstate 20Grand Prairie, TX 75052
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NeuRock of Westchester
$1,216 - $2,366
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$1,216 - $2,366
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$1,216 - $2,366
1 to 3 Bedroom Apartments Available Now

NeuRock of Westchester

620 W Westchester PkyGrand Prairie, TX 75052
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  • Low Income
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The Bradbury
Rent Specials
$1,301 - $4,233
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$1,301 - $4,233
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$1,301 - $4,233
Studio to 3 Bedroom Apartments Available Now

The Bradbury

2136 Sara Jane PkyGrand 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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Jefferson Lakehaven
Rent Specials
$1,411 - $2,565
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$1,411 - $2,565
Total Monthly Price
$1,411 - $2,565
1 to 3 Bedroom Apartments Available Now

Jefferson Lakehaven

7152 N State Hwy 360Grand Prairie, TX 75052
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Arden at Midtown GP
Rent Specials
$1,449 - $2,554
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$1,449 - $2,554
Total Monthly Price
$1,449 - $2,554
1 to 2 Bedroom Apartments Available Now

Arden at Midtown GP

3711 S State Highway 161Grand Prairie, TX 75052
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Axis Grand Crossing
Rent Specials
$1,475 - $3,880
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$1,475 - $3,880
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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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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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Copeland
Rent Specials
$1,486 - $5,193
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$1,486 - $5,193
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Copeland

2045 S Forum DrGrand Prairie, TX 75052
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Luxia Grand Prairie
Rent Specials
$1,498 - $4,235
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$1,498 - $4,235
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Luxia Grand Prairie

2015 S Forum DrGrand Prairie, TX 75052
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Ascend at Forum
Rent Specials
$1,522 - $2,742
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$1,522 - $2,742
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Ascend at Forum

2300 Forum DrGrand Prairie, TX 75052
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The Gibson
Rent Specials
$1,560 - $2,105
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Total Monthly Price

Base Rent
$1,560 - $2,105
Total Monthly Price
$1,560 - $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 - $2,279
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$1,609 - $2,279
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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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Corsair
Rent Specials
$1,691 - $3,071
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$1,691 - $3,071
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1 to 3 Bedroom Apartments Available Now

Corsair

2105 S Forum DrGrand Prairie, TX 75052
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Lake Parks, Grand Prairie, TX Local Guide

Cheapest Available Lake Parks Apartments for Rent

 

The cheapest available apartment rental in the Lake Parks 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 $729. Here are the most affordable Lake Parks apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Park at TimberlakeA21BR,1BA$699
HarmonyA11BR,1BA$729
The Sherry Apartments1x11BR,1BA$799
Mateo Apartment HomesS1Studio,1BA$847
Regency ApartmentsStudioStudio,1BA$875
Cedar Point Apartments1B/1B1BR,1BA$899
Clayton Pointe1 Bedroom 1 Bathroom - A11BR,1BA$899
Elliot WindsprintA11BR,1BA$905
Felix ApartmentsA1 Renovated1BR,1BA$916
Trinity TraceEfficiencyStudio,1BA$936

Best Value Apartments for Rent in Lake Parks, TX

As of May 24, 2026 the best value apartment in the Lake Parks 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 Lake Parks apartment is the B6 Model at Elliot Windsprint starting at $1,474 with a $1.28 price per square foot in the East Arlington neighborhood. Here is today’s list of the best values for Lake Parks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tribeca TownhomesHUDSON3BR,3BA$1.48
Elliot WindsprintB62BR,1.5BA$1.28
Park Row2 Bedroom, 1 Bathroom2BR,1BA$1.39
Tree Top Apartments1 Bed x 1 Bath1BR,1BA$1.44
Mayfield Park ApartmentsA1 1x11BR,1BA$1.48
Mercer Park1 bed 1 Bath1BR,1BA$1.38
Park at TimberlakeA21BR,1BA$1.08
Felix ApartmentsA1 Renovated1BR,1BA$1.49
The Sherry Apartments1x11BR,1BA$1.36
HarmonyA11BR,1BA$1.41

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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Pet Friendly Lifestyle
Lake Parks, Grand Prairie, TX

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lake Parks, Grand Prairie, TX

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Texas, including Grand Prairie. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lake Parks Apartments

What is a cheap apartment in Lake Parks?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Parks is under $936.

What is the price of a cheap apartment in Lake Parks?

The cheapest apartment in Lake Parks is Park at Timberlake which is listed at $699, while the average apartment in Lake Parks costs $16,402.

What types of apartments are the cheapest in Lake Parks?

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 79 regular apartments in Lake Parks 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 Lake Parks?

Cheap apartments in Lake Parks have an average cost of $218 which is $16,184 cheaper than the average rent for all rentals in Lake Parks.

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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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

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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

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