Cheap Homes for Rent in Lake Parks Neighborhood of Grand Prairie, TX from $1,400 (44 Rentals)

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Search the lowest-cost Homes 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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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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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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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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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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property at 1909 Balla Way

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

3 Bedroom, 2 Bath Home for Rent

Available Now

1909 Balla Way

Grand PrairieTX75051
Showing Results 1-44, Page 1 of 1

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

Frequently Asked Questions about Lake Parks

What type of rentals are currently available in Lake Parks?

There are currently 93 Apartments for Rent in Lake Parks, TX with pricing that ranges from $780 to $17,312. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Parks ranging from $1,400 to $6,500.

What is the current price range for Rental Homes in Lake Parks?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Parks ranges from $1,400 to $6,500 with an average monthly rent of $3,108.

How much are larger Three and Four Bedroom Rentals in Lake Parks?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Parks range from $1,346 to $17,170, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,249 and Four Bedroom Apartments start at $3,076.

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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Articles, How-To's, and Tips

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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.

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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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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.