
Cheap Homes for Rent in Cedar Ridge Neighborhood of Prosper, TX from $2,200 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Cedar Ridge area of Prosper.


4485 S Preston Rd, Unit 816

4465 S Preston Rd, Unit 1416

4465 S Preston Rd, Unit 3111

4465 S Preston Rd, Unit 3312

4465 S Preston Rd, Unit 2319

4485 S Preston Rd, Unit 817

15201 Pleasant Rdg Wy, Unit P2-2209
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.

15201 Pleasant Rdg Wy, Unit P2-2229

15201 Pleasant Rdg Wy, Unit P2-1319

4465 S Preston Rd, Unit 1211

15950 Paramount Wy, Unit 5209

15201 Pleasant Rdg Wy, Unit P2-1117

4465 S Preston Rd, Unit 1201

4465 S Preston Rd, Unit 1401

4465 S Preston Rd, Unit 2221
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.

4465 S Preston Rd, Unit 2421

877 Table Rock St

15201 Pleasant Rdg Wy, Unit P2-3113

4465 S Preston Rd, Unit 1200

15950 Paramount Wy, Unit 3306

15950 Paramount Wy, Unit 2222

15950 Paramount Wy, Unit 2325

632 Creek View Dr
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.
Cedar Ridge, Prosper, TX Local Guide

How much does it cost to rent a home in Cedar Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cedar Ridge 4 Bedroom Homes for Rent | $3,925 | $2,250 | $5,900 |
| Cedar Ridge 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 24 rentals with your search options within a 3 mile radius of the Cedar Ridge Neighborhood of Prosper, TX.
Explore Prosper
Cedar Ridge, Prosper, TX Local Guide
- Nearby Prosper neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Cedar Ridge Apartments for Rent
 The cheapest available apartment rental in the Cedar Ridge area of Dallas, TX is a 1 Bed unit found at Orion Prosper Apartments priced from $993. Royalton at Creeks of Legacy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,028. Here are the most affordable Cedar Ridge apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Orion Prosper Apartments | Halo | 1BR,1BA | $993 |
| Royalton at Creeks of Legacy | A1 | 1BR,1BA | $1,028 |
| Laughlin Two Eighty Nine | E1 | 1BR,1BA | $1,100 |
| Cortland Preston North | The Eldorado - Workforce Housing | 1BR,1BA | $1,159 |
| Orion Prosper Lakes Apartments | Zenitha | 1BR,1BA | $1,223 |
Best Value Apartments for Rent in Cedar Ridge, TX
As of June 27, 2026 the best value apartment in the Cedar Ridge area is the $1.61 price per square foot C1 Model at Royalton at Creeks of Legacy in the in the Willow Ridge neighborhood starting from $2,100. The second greatest value Cedar Ridge apartment is the Celestia Model at Orion Prosper Lakes Apartments starting at $1,512 with a $1.92 price per square foot in the Fairways North at Westridge neighborhood. Here is today’s list of the best values for Cedar Ridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Royalton at Creeks of Legacy | C1 | 3BR,2BA | $1.61 |
| Orion Prosper Lakes Apartments | Celestia | 1BR,1BA | $1.92 |
| Luminest Prosper | A1 | 1BR,1BA | $2.01 |
| Prosper Crossings | A1 | 1BR,1BA | $1.79 |
| Laughlin Two Eighty Nine | A2.1 | 1BR,1BA | $1.84 |
| Highfield Preston | A3 | 1BR,1BA | $1.95 |
| Livano Prosper | A5 | 1BR,1BA | $1.91 |
| Cortland Preston North | The Celina - Workforce Housing | 1BR,1BA | $1.75 |
| Orion Prosper Apartments | Halo | 1BR,1BA | $1.53 |
| Bexley at WestRidge | Miller | 1BR,1BA | $1.99 |
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 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.
Pet Friendly LifestyleCedar Ridge, Prosper, TX
Ranked #3
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cedar Ridge
What type of rentals are currently available in Cedar Ridge?
There are currently 26 Apartments for Rent in Cedar Ridge, TX with pricing that ranges from $1,005 to $7,458. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Ridge ranging from $2,250 to $5,900.
What is the current price range for Rental Homes in Cedar Ridge?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cedar Ridge ranges from $2,250 to $5,900 with an average monthly rent of $4,212.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.