Cheap Apartments for Rent in Lake Dallas, TX from $700 (62 Rentals)

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

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

The Real Cost of Living in Dallas: Straight Talk From Your Local Expert

Planning a move to Dallas? Get the inside track on the true cost of living, from housing and electricity to commuting, from a 30-year local expert.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Elan Denton
Rent Specials
$1,126 - $2,527
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$1,126 - $2,527
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1 to 3 Bedroom Apartments Available Now

Elan Denton

1501 Northstar RdDenton, TX 76208
Student Housing
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Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area

Your complete guide to renting in the DFW suburbs. Learn about 5 cities near Dallas—from the affordability of Duncanville to the upscale living of Southlake—to choose where to call home.

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Marlowe Denton
Rent Specials
$1,252 - $3,152
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Total Monthly Price

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$1,252 - $3,152
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1 to 3 Bedroom Apartments Available Now

Marlowe Denton

1735 North Star RdDenton, TX 76208
Student Housing
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Merit Northern Gateway
Rent Specials
$1,294 - $2,638
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Total Monthly Price

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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
Affordability
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The 4-Step Checklist for Moving to Dallas: A Local Expert's Guide to Utilities, Licenses, and Housing

Your ultimate DFW Moving Guide: From finding the perfect Dallas neighborhood (Downtown, Oak Lawn, Casa View) to setting up utilities.

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Tower Bay Lofts
Rent Specials
$1,244 - $3,054
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$1,244 - $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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Marlowe Corinth Groves
Rent Specials
$1,494 - $3,154
Total Monthly Price

Total Monthly Price

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$1,494 - $3,154
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Varies
Studio to 3 Bedroom Apartments Available Now

Marlowe Corinth Groves

3251 S Lake Sharon DrCorinth, TX 76210
Affordability
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Hidden Creek in the Shadow Ridge neighborhood priced from $964. 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
Hidden CreekA1: 1 Bed 1 Bath1BR,1BA$964
Summit Ridge ApartmentsTHE BIRCH1BR,1BA$965
Providence Place Apartment HomesPhase II - A11BR,1BA$999
Toscana at Valley RidgeA1 - One Bedroom1BR,1BA$1,000
Lakes At LewisvilleA1 1x1 Renovated1BR,1BA$1,037
Parc Lake / Bay Shore VillageA4 - Parc Lake1BR,1BA$1,039
The District in Little ElmE1Studio,1BA$1,040
Tower Ridge ApartmentsA11BR,1BA$1,060
Villas at Waterchase ApartmentsA11BR,1BA$1,063
Timberlinks At DentonA11BR,1BA$1,095

Best Value Apartments for Rent in Lake Dallas, TX

As of August 01, 2026 the best value apartment in the Lake Dallas area is the $1.57 price per square foot C2A Model at Preserve at Pecan Creek in the in the Denton neighborhood starting from $2,071. The second greatest value Lake Dallas apartment is the C1 Model at Tower Ridge Apartments starting at $1,467 with a $1.28 price per square foot in the Denton 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$1.57
Tower Ridge ApartmentsC13BR,2BA$1.28
Epic ApartmentsTwo Bedroom B32BR,2BA$1.59
Urban SquareAmber 22BR,2BA$1.57
Valley Ridge Apartment HomesB1 - Income Restricted2BR,1BA$1.34
Providence Place Apartment HomesPhase II - A11BR,1BA$1.33
The RemingtonCabernet1BR,1BA$1.61
Villas at Waterchase ApartmentsA11BR,1BA$1.62
Toscana at Valley RidgeA1 - One Bedroom1BR,1BA$1.56
Hidden CreekA1: 1 Bed 1 Bath1BR,1BA$1.59

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!

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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 $1,040.

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

The lowest price for a Cheap One Bedroom Lake Dallas Apartment is $965 at Summit Ridge 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.

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The idea of moving somewhere new sounds fun and exciting. At first. Then you start thinking about all that's involved with it. Finding a place to live. Setting up utilities. Getting the kids in school. And who has the best wi-fi?

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