Cheap Apartments for Rent in the Lake Parks Neighborhood of Grand Prairie, TX from $649 (99 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Parks area of Grand Prairie.

Dallas's Best Affordable Neighborhoods

Learn about Dallas and the best places to live with original content written by our Dallas, TX Local Expert Tiffany Clark

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Jovia
Rent Specials
$1,129 - $2,684
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$1,129 - $2,684
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$1,129 - $2,684
1 to 3 Bedroom Apartments Available Now

Jovia

1225 W Interstate 20Grand Prairie, TX 75052
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The Bradbury
Rent Specials
$1,340 - $5,609
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$1,340 - $5,609
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$1,340 - $5,609
Studio to 3 Bedroom Apartments Available Now

The Bradbury

2136 Sara Jane PkyGrand Prairie, TX 75052
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Arden at Midtown GP
Rent Specials
$1,364 - $2,489
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$1,364 - $2,489
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$1,364 - $2,489
1 to 2 Bedroom Apartments Available Now

Arden at Midtown GP

3711 S State Highway 161Grand Prairie, TX 75052
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Jefferson Lakehaven
Rent Specials
$1,444 - $2,553
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$1,444 - $2,553
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$1,444 - $2,553
1 to 3 Bedroom Apartments Available Now

Jefferson Lakehaven

7152 N State Hwy 360Grand Prairie, TX 75052
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Axis Grand Crossing
Rent Specials
$1,530 - $3,220
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$1,530 - $3,220
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$1,530 - $3,220
Studio to 3 Bedroom Apartments Available Now

Axis Grand Crossing

1661 S Forum DrGrand Prairie, TX 75052
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The Westlyn
Rent Specials
$1,546 - $2,269
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$1,546 - $2,269
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1 to 2 Bedroom Apartments Available Now

The Westlyn

1150 E IH-20Grand Prairie, TX 75052
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Corsair
Rent Specials
$1,551 - $4,362
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$1,551 - $4,362
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$1,551 - $4,362
1 to 3 Bedroom Apartments Available Now

Corsair

2105 S Forum DrGrand Prairie, TX 75052
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The Gibson
Rent Specials
$1,552 - $2,043
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$1,552 - $2,043
Total Monthly Price
$1,552 - $2,043
Studio to 2 Bedroom Apartments Available Now

The Gibson

2422 S Carrier PkyGrand Prairie, TX 75051
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Ascend at Forum
Rent Specials
$1,576 - $2,688
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$1,576 - $2,688
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Ascend at Forum

2300 Forum DrGrand Prairie, TX 75052
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Copeland
Rent Specials
$1,597 - $5,386
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$1,597 - $5,386
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Copeland

2045 S Forum DrGrand Prairie, TX 75052
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Luxia Grand Prairie
Rent Specials
$1,667 - $4,427
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$1,667 - $4,427
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1 to 3 Bedroom Apartments Available Now

Luxia Grand Prairie

2015 S Forum DrGrand Prairie, TX 75052
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Casona Grand Prairie
Rent Specials
$1,710 - $3,282
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$1,710 - $3,282
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1 to 3 Bedroom Apartments Available Now

Casona Grand Prairie

3900 Robinson RdGrand Prairie, TX 75052
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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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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 $649. Cedar Point Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here are the most affordable Lake Parks apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Park at TimberlakeA2R1BR,1BA$649
Cedar Point Apartments1B/1B1BR,1BA$780
Mateo Apartment HomesS1Studio,1BA$781
The Sherry Apartments1x11BR,1BA$799
HarmonyA21BR,1BA$799
Trinity TraceEfficiencyStudio,1BA$799
Elliot WindsprintA11BR,1BA$805
Clayton Pointe1 Bedroom 1 Bathroom - A11BR,1BA$835
Ronan Apartment HomesA21BR,1BA$872
Mercer Park1 bed 1 Bath1BR,1BA$875

Best Value Apartments for Rent in Lake Parks, TX

As of August 22, 2026 the best value apartment in the Lake Parks area is the $1.21 price per square foot B4 Model at Elliot Windsprint in the in the Arlington neighborhood starting from $1,289. The second greatest value Lake Parks apartment is the B4R Model at Park at Timberlake starting at $1,360 with a $1.36 price per square foot in the 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.
Elliot WindsprintB42BR,2BA$1.21
Park at TimberlakeB4R2BR,2BA$1.36
HarmonyB12BR,2BA$1.27
Tree Top Apartments1 Bed x 1 Bath1BR,1BA$1.44
Mission Mayfield DownsA11BR,1BA$1.52
Mayfield Park ApartmentsA1 1x11BR,1BA$1.53
Regency ApartmentsA11BR,1BA$1.50
Park Row1 Bedroom, 1 Bathroom1BR,1BA$1.54
The Sherry Apartments1x11BR,1BA$1.36
Cedar Point Apartments1B/1B1BR,1BA$1.52

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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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 $875.

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 $649, while the average apartment in Lake Parks costs $1,575.

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 87 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 $287 which is $1,288 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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