
Cheap Homes for Rent in Lake Dallas, TX from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Dallas.


123 Folly Beach Dr, Unit B

3451 FM2181, Unit 2211

3451 FM2181, Unit 2210

3451 FM2181, Unit 2236
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.

3451 FM2181, Unit 2326

3451 FM2181, Unit 2214

3451 FM2181, Unit 2314

3451 FM2181, Unit 2316

3150 S Garrison Rd
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.

1313 Bridges St
Lake Dallas, TX Local Guide

How much does it cost to rent a home in Lake Dallas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Dallas 2 Bedroom Homes for Rent | $1,693 | $1,400 | $1,995 |
| Lake Dallas 3 Bedroom Homes for Rent | $2,525 | $2,125 | $4,000 |
| Lake Dallas 4 Bedroom Homes for Rent | $2,827 | $2,345 | $3,379 |
| Lake Dallas 5 Bedroom Homes for Rent | $2,560 | $2,495 | $2,625 |
| Lake Dallas 6 Bedroom Homes for Rent | $14,500 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Lake Dallas
Explore Lake Dallas
Lake Dallas, TX Local Guide
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Cheapest Available Lake Dallas Apartments for Rent
 The cheapest available apartment rental in Lake Dallas, TX is a 1 Bed unit found at Summit Ridge Apartments in the Natatorium neighborhood priced from $965. Parc Lake / Bay Shore Village in the Natatorium neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. Here is today’s list of the most affordable Lake Dallas apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Summit Ridge Apartments | THE BIRCH | 1BR,1BA | $965 |
| Parc Lake / Bay Shore Village | A1 - Parc Lake | 1BR,1BA | $989 |
| Valley Ridge Apartment Homes | B1 | 2BR,1BA | $994 |
| Providence Place Apartment Homes | Phase II - A1 | 1BR,1BA | $999 |
| Villas at Waterchase Apartments | A3 | 1BR,1BA | $1,023 |
Best Value Apartments for Rent in Lake Dallas, TX
As of June 10, 2026 the best value apartment in the Lake Dallas area is the $1.35 price per square foot Phase I - D1 Model at Providence Place Apartment Homes in the in the Wheeler Ridge neighborhood starting from $1,699. 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 Wheeler Ridge neighborhood. Here is today’s list of the best values for Lake Dallas apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Providence Place Apartment Homes | Phase I - D1 | 4BR,2BA | $1.35 |
| Tower Ridge Apartments | C1 | 3BR,2BA | $1.28 |
| Kensington Park | The Bluestone | 2BR,2BA | $1.52 |
| 215 Folly Beach Dr, Unit 215 B | 215 Folly Beach Dr | 2BR,1BA | $1.50 |
| Villas at Waterchase Apartments | B1 | 2BR,2BA | $1.31 |
| Valley Ridge Apartment Homes | B1 | 2BR,1BA | $1.16 |
| The Remington | Sauvignon | 1BR,1BA | $1.43 |
| The Lakeshore Apartment Homes | Avalon | 1BR,1BA | $1.63 |
| Summit Ridge Apartments | THE BIRCH | 1BR,1BA | $1.31 |
| Epic Apartments | One Bedroom A1 | 1BR,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.
Read ArticleTop 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
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Dallas, TX Rentals by Map
See the most popular apartments and homes in Lake Dallas, TX
Frequently Asked Questions about Lake Dallas
What type of rentals are currently available in Lake Dallas?
There are currently 59 Apartments for Rent in Lake Dallas, TX with pricing that ranges from $917 to $14,394. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Dallas ranging from $1,000 to $14,500.
What is the current price range for Rental Homes in Lake Dallas?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Dallas ranges from $1,000 to $14,500 with an average monthly rent of $4,184.
How much are larger Three and Four Bedroom Rentals in Lake Dallas?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Dallas range from $1,199 to $12,346, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,125 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,345 and Four Bedroom Apartments start at $1,699.
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

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.

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.

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.

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

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.

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.

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.

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.