Cheap Homes for Rent in the Lake Parks Neighborhood of Grand Prairie, TX from $420 (22 Rentals)

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

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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

Best Value Apartments for Rent in Lake Parks, TX

As of August 23, 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
Felix ApartmentsB2 Classic2BR,2BA$1.34
HarmonyB12BR,2BA$1.27
Tree Top Apartments1 Bed x 1 Bath1BR,1BA$1.44
Mission Mayfield DownsA11BR,1BA$1.52
Ashton ParkThe Ash1BR,1BA$1.28
Regency ApartmentsA11BR,1BA$1.50
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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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 98 Apartments for Rent in Lake Parks, TX with pricing that ranges from $649 to $10,158. There are also 161 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Parks ranging from $420 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 $420 to $6,500 with an average monthly rent of $2,373.

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 $1,500 to $8,780, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,899 and Four Bedroom Apartments start at $3,060.

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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