Cheap Apartments for Rent in Lake Dallas, TX from $900 (41 Rentals)

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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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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.

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Valley Ridge
2 to 3 Bedroom Apartments

Valley Ridge

1000 Valley Ridge BlvdLewisville, TX 75077
  • Utilities Included

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.

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1000 Grandys Ln
1 to 3 Bedroom Apartments

1000 Grandys Ln

1000 Grandys LnLewisville, TX 75077

Lake Dallas, TX Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Available Lake Dallas Apartments for Rent

 

The cheapest available apartment rental in Lake Dallas, TX is a 1 Bed unit found at Providence Place Apartment Homes in the Wheeler Ridge neighborhood priced from $949. The District in Little Elm in the Eldorado West neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $969. Here is today’s list of the most affordable Lake Dallas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Providence Place Apartment HomesPhase II - A11BR,1BA$949
The District in Little ElmE1Studio,1BA$969
The Lodge at Pecan CreekA1A1BR,1BA$981
Parc Lake / Bay Shore VillageA1 - Parc Lake1BR,1BA$989
Timberlinks At DentonA11BR,1BA$990
Preserve at Pecan CreekA1A1BR,1BA$1,006
Villas At WaterchaseA21BR,1BA$1,032
Toscana at Valley RidgeA-11BR,1BA$1,035
Heritage TowersE11BR,1BA$1,083
Urban SquareJade1BR,1BA$1,095

Best Value Apartments for Rent in Lake Dallas, TX

As of January 10, 2026 the best value apartment in the Lake Dallas area is the $1.48 price per square foot C2A Model at Preserve at Pecan Creek in the in the Wheeler Ridge neighborhood starting from $1,951. The second greatest value Lake Dallas apartment is the Phase I - D1 Model at Providence Place Apartment Homes starting at $1,599 with a $1.27 price per square foot in the Wheeler Ridge neighborhood. Here is today’s list of the best values for Lake Dallas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Preserve at Pecan CreekC2A3BR,2BA$1.48
Providence Place Apartment HomesPhase I - D14BR,2BA$1.27
Tower Ridge ApartmentsC13BR,2BA$1.53
The RemingtonBordeaux2BR,2BA$1.30
The Lodge at Pecan CreekB2B2BR,2BA$1.40
Valley RidgeB12BR,1BA$1.44
Hunters Creek ApartmentsLocust1BR,1BA$1.61
Hidden CreekA31BR,1BA$1.54
Villas At WaterchaseA11BR,1BA$1.63
Toscana at Valley RidgeA-11BR,1BA$1.62

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

Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark

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Quick Rent Budget Calculator

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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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Lake Dallas Overview

With a name like Lake Dallas, you know you are entering some scenic territory. Fortunately, this little city in the Lone Star State more than delivers, offering a cozy, charming locale that is sure to appeal to both blue collar professionals and new retirees in equal measure. For those looking to experience a slower-paced way of life, Lake Dallas apartments are sure to fit the bill.

Why live in Lake Dallas, TX?

With the slogan 'Get Hooked on Lake Dallas!' a commonly heard catchphrase throughout the city, this dynamic and scenic locale is a fantastic place to live, work and play. Fishing, boating and a wide array of activities await those in search of excitement, while the calming waters and the laid-back pace of the populace is sure to appeal to retirees. Close enough to the job market of Dallas and the colleges of Denton while still feeling a world away from the hustle and bustle, Lake Dallas is Texas living at its absolute best.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Lake Dallas Apartments

What is the Cheapest Studio apartment in Lake Dallas?

Currently the most affordable Cheap Studio Apartment in Lake Dallas is at The District in Little Elm listed at $969.

How much is rent for a Cheap One Bedroom Lake Dallas Apartment?

The lowest price for a Cheap One Bedroom Lake Dallas Apartment is $949 at Providence Place Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Lake Dallas Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Dallas is starting from $1,000 at Timberlinks At Denton.

What is the most affordable Lake Dallas Three Bedroom Apartment?

The best deal on a cheap Lake Dallas Three Bedroom Apartment rental is at Providence Place Apartment Homes and starts from $1,149.

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

Written by: Tiffany Clark

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

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.

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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

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!