
Cheap Apartments for Rent in the Lake Parks Neighborhood of Grand Prairie, TX from $700 (103 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Parks area of Grand Prairie.


Clayton Pointe

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The Reid Apartments

The Watson

Williamsburg Apartments

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Marabella on Pioneer

The Park on Forum

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Windscape Apartments

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Windchase

Arioso Apartments & Townhomes
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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Donna Lynn Apartments

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Ashton Park

Indigo Pointe

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The Bradbury

MAA Grand Courtyards

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NeuRock of Westchester

Prairie Gate Community Phase II

Highlands of Grand Prairie

The Quadrangles on Twenty

Parkways on Prairie Creek
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

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Viceroy

Winding Creek at the Preserve

The Sutherland

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Bexley Central Park

The Gibson

Creekside at Grand Prairie

The Lakes at Grand Prairie 55+ Active Adult

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The Duvall

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Copeland
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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Ascend at Forum

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Jefferson Lakehaven

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Axis Grand Crossing

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Casona Grand Prairie

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Luxia Grand Prairie

1150 I-20

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Arden at Midtown GP

762 E Warrior Trail

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Jovia

2290 Forum Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Westlyn

Westchester Commons 55+ Apartments

The Retreat

2290 Forum Dr

2422 S Carrier Pkwy

2422 S Carrier Pkwy

2422 S Carrier Pkwy

2422 S Carrier Pkwy

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Mountain Creek Retirement Living

1713 Lewis Trail
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Lake Parks, Grand Prairie, TX Local Guide

How much does it cost to rent an apartment in Lake Parks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Parks Studio Apartments | $1,351 | $875 | $1,950 |
| Lake Parks 1 Bedroom Apartments | $1,460 | $730 | $4,098 |
| Lake Parks 2 Bedroom Apartments | $1,803 | $934 | $4,440 |
| Lake Parks 3 Bedroom Apartments | $2,414 | $1,361 | $7,172 |
| Lake Parks 4 Bedroom Apartments | $5,301 | $5,301 | $5,301 |
Browse Apartments in this Neighborhood
There are currently 103 rentals with your search options within a 3 mile radius of the Lake Parks Neighborhood of Grand Prairie, TX.
See all Apartments in Grand PrairieExplore Grand Prairie
Lake Parks, Grand Prairie, TX Local Guide
- Nearby Grand Prairie neighborhoods
- Nearby Cities
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- School Districts
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 Harmony priced from $729. The Sherry Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Lake Parks apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harmony | A1 | 1BR,1BA | $729 |
| The Sherry Apartments | 1x1 | 1BR,1BA | $799 |
| Felix Apartments | A2 Classic | 1BR,1BA | $830 |
| Mercer Park | 1 bed 1 Bath | 1BR,1BA | $849 |
| Regency Apartments | Studio | Studio,1BA | $875 |
| Clayton Pointe | 1 Bedroom 1 Bathroom - A1 | 1BR,1BA | $877 |
| The Watson | A1 | 1BR,1BA | $921 |
| La Vida Park | 1 Bedroom, 1.5 Bathroom TH, 645 SQFT | 1BR,1BA | $929 |
| Williamsburg Apartments | One Bedroom | 1BR,1BA | $950 |
| The Reid Apartments | A1 Renovated | 1BR,1BA | $950 |
Best Value Apartments for Rent in Lake Parks, TX
As of April 06, 2026 the best value apartment in the Lake Parks area is the $1.35 price per square foot B6 Model at Elliot Windsprint in the in the East Arlington neighborhood starting from $1,549. The second greatest value Lake Parks apartment is the B0 Model at The Watson starting at $1,421 with a $1.44 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Elliot Windsprint | B6 | 2BR,1.5BA | $1.35 |
| The Watson | B0 | 2BR,1BA | $1.44 |
| Park Row Apartments | 2x1 | 2BR,1BA | $1.34 |
| Tree Top Apartments | 1 Bed x 1 Bath | 1BR,1BA | $1.44 |
| Mayfield Park Apartments | A1 1x1 | 1BR,1BA | $1.48 |
| The Park on Forum | A2 | 1BR,1BA | $1.49 |
| Felix Apartments | A3 Renovated | 1BR,1BA | $1.49 |
| La Vida Park | 1 Bedroom, 1.5 Bathroom TH, 645 SQFT | 1BR,1.5BA | $1.44 |
| The Sherry Apartments | 1x1 | 1BR,1BA | $1.36 |
| Harmony | A1 | 1BR,1BA | $1.41 |
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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleLake Parks, Grand Prairie, TX
Ranked #1
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 the Cheapest Studio apartment in Lake Parks?
Currently the most affordable Cheap Studio Apartment in Lake Parks is at Regency Apartments listed at $875.
How much is rent for a Cheap One Bedroom Lake Parks Apartment?
The lowest price for a Cheap One Bedroom Lake Parks Apartment is $729 at Harmony.
What is the lowest price for a Cheap Two Bedroom Lake Parks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Parks is starting from $999 at The Sherry Apartments.
What is the most affordable Lake Parks Three Bedroom Apartment?
The best deal on a cheap Lake Parks Three Bedroom Apartment rental is at Marabella on Pioneer and starts from $1,361.
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

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.

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.

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.

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

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.