Cheap Homes for Rent in Lake Parks Neighborhood of Grand Prairie, TX from $900 (17 Rentals)

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

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.

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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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.

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 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 ListingModel NameBed/BathPriced From
HarmonyA11BR,1BA$729
The Sherry Apartments1x11BR,1BA$799
Felix ApartmentsA2 Classic1BR,1BA$830
Mercer Park1 bed 1 Bath1BR,1BA$849
Regency ApartmentsStudioStudio,1BA$875

Best Value Apartments for Rent in Lake Parks, TX

As of April 07, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Elliot WindsprintB62BR,1.5BA$1.35
The WatsonB02BR,1BA$1.44
Park Row Apartments2x12BR,1BA$1.34
Tree Top Apartments1 Bed x 1 Bath1BR,1BA$1.44
Mayfield Park ApartmentsA1 1x11BR,1BA$1.48
The Park on ForumA21BR,1BA$1.49
Felix ApartmentsA3 Renovated1BR,1BA$1.49
La Vida Park1 Bedroom, 1.5 Bathroom TH, 645 SQFT1BR,1.5BA$1.44
The Sherry Apartments1x11BR,1BA$1.36
HarmonyA11BR,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.

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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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The 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.

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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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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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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 $730 to $9,491. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Parks ranging from $900 to $7,000.

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 $7,000 with an average monthly rent of $2,745.

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 $1,361 to $7,406, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $5,553.

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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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.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

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According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

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The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers

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Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

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An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

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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

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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.

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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.

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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.

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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.