
Cheap Homes for Rent in Lake Parks Neighborhood of Grand Prairie, TX from $900 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Parks area of Grand Prairie.


2448 Sunflower Dr

2007 Springcrest Dr, Unit 0709

1905 Kent Dr

1150 I-20, Unit 1511

2290 Forum Dr, Unit 2215

2425 Limestone Dr
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.

1814 Martin Luther Dr

3023 Oak Ridge Pl

2422 S Carrier Pkwy, Unit 308

2422 S Carrier Pkwy, Unit 210

2419 E Timberview Ln

2422 S Carrier Pkwy, Unit 223

304 Gregory Ln
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.

3019 Oak Ridge Pl

2422 S Carrier Pkwy, Unit 305

3048 Navarro Ln

2422 S Carrier Pkwy, Unit 504

3000 Bardin Rd, Unit C413

3000 Bardin Rd, Unit F201

3000 Bardin Rd, Unit C405
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.
Lake Parks, Grand Prairie, TX Local Guide

How much does it cost to rent a home in Lake Parks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Parks 2 Bedroom Homes for Rent | $1,656 | $1,100 | $2,000 |
| Lake Parks 3 Bedroom Homes for Rent | $2,368 | $1,840 | $3,400 |
| Lake Parks 4 Bedroom Homes for Rent | $3,210 | $1,899 | $6,500 |
| Lake Parks 5 Bedroom Homes for Rent | $3,875 | $3,800 | $3,950 |
| Lake Parks 6 Bedroom Homes for Rent | $4,295 | $4,295 | $4,295 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 3 mile radius of the Lake Parks Neighborhood of Grand Prairie, TX.
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Lake Parks, Grand Prairie, TX Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park at Timberlake | A2R | 1BR,1BA | $699 |
| Cedar Point Apartments | 1B/1B | 1BR,1BA | $780 |
| Mateo Apartment Homes | S1 | Studio,1BA | $793 |
| The Sherry Apartments | 1x1 | 1BR,1BA | $799 |
| Harmony | A2 | 1BR,1BA | $799 |
Best Value Apartments for Rent in Lake Parks, TX
As of July 08, 2026 the best value apartment in the Lake Parks area is the $1.29 price per square foot C1 Model at Indigo Pointe in the in the East Arlington neighborhood starting from $1,615. The second greatest value Lake Parks apartment is the B4 Model at Elliot Windsprint starting at $1,289 with a $1.21 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Indigo Pointe | C1 | 3BR,2BA | $1.29 |
| Elliot Windsprint | B4 | 2BR,2BA | $1.21 |
| Hendrix | B2 | 2BR,2BA | $1.31 |
| Harmony | B1 | 2BR,2BA | $1.28 |
| Tree Top Apartments | 1 Bed x 1 Bath | 1BR,1BA | $1.44 |
| Regency Apartments | A4 | 1BR,1BA | $1.39 |
| Mercer Park | 1 bed 1 Bath | 1BR,1BA | $1.44 |
| Felix Apartments | A3 Renovated | 1BR,1BA | $1.44 |
| Ashton Park | The Ash | 1BR,1BA | $1.28 |
| The Sherry Apartments | 1x1 | 1BR,1BA | $1.36 |
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.
Read ArticleReal 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.
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
Frequently Asked Questions about Lake Parks
What type of rentals are currently available in Lake Parks?
There are currently 95 Apartments for Rent in Lake Parks, TX with pricing that ranges from $780 to $16,658. There are also 136 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Parks ranging from $900 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 $900 to $6,500 with an average monthly rent of $2,725.
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 $1,390 to $16,198, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,840 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,899 and Four Bedroom Apartments start at $2,799.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.