
Cheap Apartments for Rent in the Arapacho Neighborhood of Richardson, TX from $700 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arapacho area of Richardson.


Arboretum Estates

La Mirada

Brick Row Apartments

Falls on Clearwood Apartments

Total Monthly Price
Cutter's Point Apartment Homes

Camelot Apartments

Lockwood Heights

Total Monthly Price
Madison at Melrose

Belt & Main
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.

LAKESIDE ON SPRING VALLEY

The Wexler

Shenandoah Apartments

Central North

Huntington Townhomes

Oaks at Spring Valley

Windham Chase

Prestonwood Apartments Homes

Hillsdale Garden Apartments

Camden Buckingham
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.

Richland Park Apartments

Valley Estates

883 Waterfall Way

919 S Weatherred Dr

897 Dublin Dr

883 Dublin Dr

511 Cambridge Dr

839 Dublin Dr

937 Spring Valley Plaza

904 Spring Valley Plaza
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.

Lexington Apartment Homes

Meadowcrest Apartments

Helios

Total Monthly Price
The Jasmine Apartments

Total Monthly Price
La Fortuna Apartments

Northwood Heights Apartments

Waterford at Goldmark

MAA Highlands North

Northwood Hills Apartments

Total Monthly Price
Esperanza Apartments
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.

Vinings at Central

Landmark on the Valley Apartments

Cottonwood

Oak Hollow Communities

Prestonwood Hillcrest Apartments

Alena Apartments

Lumina

Casa de Arroyo

Vista Buena Apartments

Watersong Villas Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Arapacho, Richardson, TX Local Guide

How much does it cost to rent an apartment in Arapacho?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Arapacho Studio Apartments | $956 | $804 | $1,165 |
| Arapacho 1 Bedroom Apartments | $1,230 | $794 | $2,460 |
| Arapacho 2 Bedroom Apartments | $1,593 | $1,049 | $3,576 |
| Arapacho 3 Bedroom Apartments | $2,259 | $1,599 | $6,875 |
| Arapacho 4 Bedroom Apartments | $9,159 | $2,395 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 63 rentals with your search options within a 2 mile radius of the Arapacho Neighborhood of Richardson, TX.
See all Apartments in RichardsonExplore Richardson
Arapacho, Richardson, TX Local Guide
- Nearby Richardson neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Arapacho Apartments for Rent
 The cheapest available apartment rental in the Arapacho area of Dallas, TX is a 1 Bed unit found at Lexington Apartment Homes priced from $775. Helios has the second lowest priced unit, which is a Studio apartment currently listed from $804. Here are the most affordable Arapacho apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lexington Apartment Homes | A3 | 1BR,1BA | $775 |
| Helios | E1 | Studio,1BA | $804 |
| The Jasmine Apartments | S1 | Studio,1BA | $813 |
| Cottonwood | A1 | 1BR,1BA | $839 |
| Meadowcrest Apartments | A3 | 1BR,1BA | $865 |
| La Fortuna Apartments | A1 | Studio,1BA | $884 |
| Prestonwood Hillcrest Apartments | Aspen - 1 Bed 1 Bath | 1BR,1BA | $885 |
| Alena Apartments | S0 | 1BR,1BA | $889 |
| Northwood Heights Apartments | A1 | 1BR,1BA | $896 |
| Lumina | A1 | 1BR,1BA | $899 |
Best Value Apartments for Rent in Arapacho, TX
As of May 27, 2026 the best value apartment in the Arapacho area is the $1.33 price per square foot C2THR Model at La Mirada in the in the Preston Hollow neighborhood starting from $1,999. The second greatest value Arapacho apartment is the C1 Model at Lockwood Heights starting at $1,820 with a $1.34 price per square foot in the Abrams Road neighborhood. Here is today’s list of the best values for Arapacho apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| La Mirada | C2THR | 3BR,2BA | $1.33 |
| Lockwood Heights | C1 | 3BR,2BA | $1.34 |
| Huntington Townhomes | Hampton | 2BR,1.5BA | $1.18 |
| Amber Dawn Apartments | Radiance I | 2BR,2BA | $1.22 |
| Lumina | B3 | 2BR,2BA | $1.48 |
| Prestonwood Apartments Homes | A3 | 1BR,1BA | $1.37 |
| Hillsdale Garden Apartments | B1 | 2BR,1.5BA | $1.49 |
| Esperanza Apartments | B1 | 2BR,2BA | $1.51 |
| Falls on Clearwood Apartments | 1 Bedroom A1 | 1BR,1BA | $1.41 |
| Cottonwood | A1 | 1BR,1BA | $1.50 |
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 LifestyleArapacho, Richardson, TX
Ranked #9
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Arapacho, Richardson, TX
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States, including Richardson. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, features that make it easier to raise kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Arapacho Apartments
What is a cheap apartment in Arapacho?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Arapacho is under $899.
What is the price of a cheap apartment in Arapacho?
The cheapest apartment in Arapacho is Lexington Apartment Homes which is listed at $775, while the average apartment in Arapacho costs $17,468.
What types of apartments are the cheapest in Arapacho?
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 25 regular apartments in Arapacho 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 Arapacho?
Cheap apartments in Arapacho have an average cost of $188 which is $17,280 cheaper than the average rent for all rentals in Arapacho.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.