
Cheap Homes for Rent in Lakewood Neighborhood of Grand Prairie, TX from $700 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakewood area of Grand Prairie.


4553 Jousting Ln

2951 Dechman Dr

2105 Forum Dr

3729 State Hwy 161

24 E Mountain Creek Dr

9 E Mountain Creek Ct
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.

2519 Limestone Dr

9 E Mountain Creek Ct

1209 Birchbrook St

3441 Country Club Dr
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.

6 E Creek Dr

33 W Mountain Ln

3950 Dechman Dr

3550 S Robinson Rd

3550 S Robinson Rd

3550 S Robinson Rd

3550 S Robinson Rd

3550 S Robinson Rd

3550 S Robinson Rd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3550 S Robinson Rd

3550 S Robinson Rd

8329 Toler Trail
Lakewood, Grand Prairie, TX Local Guide

How much does it cost to rent a home in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood 2 Bedroom Homes for Rent | $1,936 | $1,700 | $2,650 |
Lakewood 3 Bedroom Homes for Rent | $2,565 | $1,650 | $3,500 |
Lakewood 4 Bedroom Homes for Rent | $2,873 | $2,195 | $4,100 |
Lakewood 5 Bedroom Homes for Rent | $4,040 | $3,000 | $5,500 |
Lakewood 6 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 3 mile radius of the Lakewood Neighborhood of Grand Prairie, TX.
Explore Grand Prairie
Lakewood, Grand Prairie, TX Local Guide
- Nearby Grand Prairie neighborhoods
- Nearby Cities
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- School Districts
Cheapest Available Lakewood Apartments for Rent
 The cheapest available apartment rental in the Lakewood area of Dallas, TX is a 1 Bed unit found at Windscape Apartments priced from $1,025. The Park on Forum has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Lakewood apartments for rent in Dallas, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Windscape Apartments | 1 bedroom, 1 bathroom | 1BR,1BA | $1,025 |
The Park on Forum | A1 | 1BR,1BA | $1,075 |
Arioso Apartments & Townhomes | A1 | 1BR,1BA | $1,075 |
Indigo Pointe | A1 | 1BR,1BA | $1,116 |
Prairie Ranch Apartment Homes | A5 | 1BR,1BA | $1,127 |
Best Value Apartments for Rent in Lakewood, TX
As of June 19, 2025 the best value apartment in the Lakewood area is the $1.43 price per square foot Three Bedroom Model at Tribeca Townhomes in the in the Brookfield North neighborhood starting from $2,900. The second greatest value Lakewood apartment is the C1 Model at Villas at Bardin starting at $2,725 with a $1.78 price per square foot in the East Arlington neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Tribeca Townhomes | Three Bedroom | 3BR,3BA | $1.43 |
Villas at Bardin | C1 | 3BR,2.5BA | $1.78 |
Eagle Crossing | B2A | 2BR,2BA | $1.78 |
Prairie Ranch Apartment Homes | A4 | 1BR,1BA | $1.57 |
Highlands of Grand Prairie | A-1 | 1BR,1BA | $1.69 |
Ronan Apartment Homes | A3R | 1BR,1BA | $1.64 |
Indigo Pointe | A1 | 1BR,1BA | $1.64 |
The Park on Forum | A1 | 1BR,1BA | $1.62 |
Arioso Apartments & Townhomes | A1 | 1BR,1BA | $1.70 |
Windscape Apartments | 1 bedroom, 1 bathroom | 1BR,1BA | $1.64 |
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.
Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 44 Apartments for Rent in Lakewood, TX with pricing that ranges from $775 to $12,260. There are also 166 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $750 to $5,500.
What is the current price range for Rental Homes in Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $750 to $5,500 with an average monthly rent of $3,016.
How much are larger Three and Four Bedroom Rentals in Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,579 to $10,383, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $2,179.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.