Cheap Apartments for Rent in Lake Dallas, TX from $800 (58 Rentals)

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

property at 721 Summers Ln

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

721 Summers Ln

Lake DallasTX75065
property at 123 Folly Beach Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

123 Folly Beach Dr, Unit B

123 Folly Beach Dr
Lake DallasTX75065

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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Elan Denton
Rent Specials
$1,126 - $3,045
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$1,126 - $3,045
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1 to 3 Bedroom Apartments Available Now

Elan Denton

1501 Northstar RdDenton, TX 76208
Student Housing
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Birchway Denton (TX)
Rent Specials
$1,214 - $1,949
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$1,214 - $1,949
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1 to 2 Bedroom Apartments Available Now

Birchway Denton (TX)

1710 Northstar RdDenton, TX 76208
Affordability
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  • Low Income

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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Marlowe Corinth Groves
Rent Specials
$1,249 - $2,928
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$1,249 - $2,928
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Studio to 3 Bedroom Apartments Available Now

Marlowe Corinth Groves

3251 S Lake Sharon DrCorinth, TX 76210
Family Friendly
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Marlowe Denton
Rent Specials
$1,285 - $3,346
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$1,285 - $3,346
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1 to 3 Bedroom Apartments Available Now

Marlowe Denton

1735 North Star RdDenton, TX 76208
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Merit Northern Gateway
Rent Specials
$1,294 - $2,638
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$1,294 - $2,638
Total Monthly Price
$1,294 - $2,638
1 to 3 Bedroom Apartments Available Now

Merit Northern Gateway

1000 Grandys LnLewisville, TX 75077
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Tower Bay Lofts
Rent Specials
$1,295 - $3,054
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Total Monthly Price

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$1,295 - $3,054
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Studio to 2 Bedroom Apartments Available Now

Tower Bay Lofts

3000 N Stemmons FwyLewisville, TX 75077
Corporate Housing
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  • 3D Tour

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 Villas at Waterchase Apartments in the Shadow Ridge neighborhood priced from $917. Summit Ridge Apartments in the Natatorium neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $965. Here is today’s list of the most affordable Lake Dallas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villas at Waterchase ApartmentsA11BR,1BA$917
Summit Ridge ApartmentsTHE BIRCH1BR,1BA$965
Parc Lake / Bay Shore VillageA1 - Parc Lake1BR,1BA$989
Providence Place Apartment HomesPhase II - A11BR,1BA$999
Epic ApartmentsOne Bedroom A11BR,1BA$1,025
Toscana at Valley RidgeA1 - One Bedroom1BR,1BA$1,025
Tower Ridge ApartmentsA11BR,1BA$1,025
Hidden CreekA2: 1 Bed 1 Bath1BR,1BA$1,057
Timberlinks At DentonA11BR,1BA$1,086
Urban SquareJade 21BR,1BA$1,095

Best Value Apartments for Rent in Lake Dallas, TX

As of June 17, 2026 the best value apartment in the Lake Dallas area is the $1.53 price per square foot Covington Model at The Lakeshore Apartment Homes in the in the Bryden neighborhood starting from $2,000. The second greatest value Lake Dallas apartment is the Phase I - D1 Model at Providence Place Apartment Homes starting at $1,699 with a $1.35 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.
The Lakeshore Apartment HomesCovington3BR,2BA$1.53
Providence Place Apartment HomesPhase I - D14BR,2BA$1.35
Tower Ridge ApartmentsC13BR,2BA$1.28
Kensington ParkThe Bluestone2BR,2BA$1.52
Valley Ridge Apartment HomesB2 - Income Restricted2BR,2BA$1.08
215 Folly Beach Dr, Unit 215 B215 Folly Beach Dr2BR,1BA$1.50
Villas at Waterchase ApartmentsB12BR,2BA$1.45
The Village at LakefrontInverter1BR,1BA$1.54
The RemingtonSauvignon1BR,1BA$1.43
Hidden CreekA3: 1 Bed 1 Bath1BR,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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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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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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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!

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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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 Marlowe Corinth Groves listed at $1,249.

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

The lowest price for a Cheap One Bedroom Lake Dallas Apartment is $917 at Villas at Waterchase Apartments.

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 $1,049 at Providence Place Apartment Homes.

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 $1,199.

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

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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.