Cheap Gated Apartments for Rent in Richardson, TX from $500 (91 Rentals)

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Madison at Melrose
Rent Specials
$1,233 - $2,473
Total Monthly Price

Total Monthly Price

Base Rent
$1,233 - $2,473

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Madison at Melrose

1520 Richardson DrRichardson, TX 75080
Student Housing
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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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The Caroline Eastside
Rent Specials
$1,420 - $3,099
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $3,099

Total Monthly Price
$1,420 - $3,099
Studio to 3 Bedroom Apartments Available Now

The Caroline Eastside

1735 N Greenville AveRichardson, TX 75081
Affordability
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  • 3D Tour

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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The Everly
Rent Specials
$727 - $1,349
Total Monthly Price

Total Monthly Price

Base Rent
$727 - $1,349

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1 to 2 Bedroom Apartments Available Now

The Everly

9350 Skillman StDallas, TX 75243
Corporate Housing
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The Ellington
Rent Specials
$760 - $1,393
Total Monthly Price

Total Monthly Price

Base Rent
$760 - $1,393

Total Monthly Price
$760 - $1,393
Studio to 2 Bedroom Apartments Available Now

The Ellington

9850 Whitehurst DrDallas, TX 75243
Corporate Housing
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Summerwood Cove
Rent Specials
$847 - $1,522
Total Monthly Price

Total Monthly Price

Base Rent
$847 - $1,522

Total Monthly Price
$847 - $1,522
1 to 2 Bedroom Apartments Available Now

Summerwood Cove

9821 Summerwood CirDallas, TX 75243
Affordability
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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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The Emerson
Rent Specials
$849 - $1,352
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $1,352

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

The Emerson

9900 Adleta BlvdDallas, TX 75243
Corporate Housing
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Chimney Hill
$961 - $2,126
Total Monthly Price

Total Monthly Price

Base Rent
$961 - $2,126

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Chimney Hill

9637 Forest LnDallas, TX 75243
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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.

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.

Richardson, TX Local Guide

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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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.

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Richardson, TX
Population: 120,981

Ranked #235

in US Census Population by City

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

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Frequently Asked Questions about Cheap Richardson Apartments

What is a cheap apartment in Richardson?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richardson is under $725.

What is the price of a cheap apartment in Richardson?

The cheapest apartment in Richardson is The Edison - Dallas, TX which is listed at $616, while the average apartment in Richardson costs $11,226.

What types of apartments are the cheapest in Richardson?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 46 regular apartments in Richardson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Richardson?

Cheap apartments in Richardson have an average cost of $170 which is $11,056 cheaper than the average rent for all rentals in Richardson.

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

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

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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.