Cheap Apartments for Rent in Lake Dallas, TX from $600 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Dallas.

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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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Navigating the Rental Market: Tips for First-Time Renters

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Lake Dallas, TX Local Guide

Photo of Justin Habersaat - Editing Staff
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 Parc Lake / Bay Shore Village in the Natatorium neighborhood priced from $1,016. The District in Little Elm in the Eldorado West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,085. Here is today’s list of the most affordable Lake Dallas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parc Lake / Bay Shore VillageA1 - Parc Lake1BR,1BA$1,016
The District in Little ElmE11BR,1BA$1,085
Preserve at Pecan CreekA1A1BR,1BA$1,123
Timberlinks At DentonA2 Renovated1BR,1BA$1,125
Birchway Denton (TX)A1-AH 601BR,1BA$1,125
Millennium PlaceA21BR,1BA$1,129
Providence Place Apartment HomesPhase II - C13BR,2BA$1,149
Hidden CreekA31BR,1BA$1,164
Toscana at Valley RidgeA-11BR,1BA$1,173
Villas At WaterchaseA11BR,1BA$1,189

Best Value Apartments for Rent in Lake Dallas, TX

As of July 29, 2025 the best value apartment in the Lake Dallas area is the $1.55 price per square foot C2A Model at Preserve at Pecan Creek in the in the Wheeler Ridge neighborhood starting from $2,048. The second greatest value Lake Dallas apartment is the Phase I - D1 Model at Providence Place Apartment Homes starting at $1,992 with a $1.58 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$1.55
Providence Place Apartment HomesPhase I - D14BR,2BA$1.58
Oxford At Lake ViewTwo Bedrooms/Two Baths- HC2BR,2BA$1.60
Tower Ridge ApartmentsC13BR,2BA$1.52
The Lakeshore Apartment HomesBristol2BR,2BA$1.58
Oxford at the BoulevardTwo-bedrooms Two-Baths2BR,2BA$1.67
Birchway Denton (TX)A1A1BR,1BA$1.69
The Lodge at Pecan CreekA1A1BR,1BA$1.69
Hidden CreekA31BR,1BA$1.60
Hickory Creek Ranch ApartmentsA21BR,1BA$1.72

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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.

Pet Friendly Lifestyle
Lake Dallas, TX

Ranked #89

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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

Explore Lake Dallas, TX Rentals by Map

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See the most popular apartments and homes in Lake Dallas, TX

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Getting Around Lake Dallas, TX

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake Dallas Apartments

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

The lowest price for a Cheap One Bedroom Lake Dallas Apartment is $1,016 at Parc Lake / Bay Shore Village.

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 $1,329 at Millennium Place.

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

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.

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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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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.

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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.

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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.