Cheap Apartments for Rent in the Highland Terrace Neighborhood of Richardson, TX from $500 (72 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Highland Terrace area of Richardson.

close
View Me
The Wexler
Studio to 3 Bedroom Apartments

The Wexler

925 S Waterview DrRichardson, TX 75080
close
View Me
Heather Glen
1 to 3 Bedroom Apartments

Heather Glen

105 S Bowser RdRichardson, TX 75081
  • Utilities Included
close
View Me
Eastgate Apartments
2 Bedroom Apartments

Eastgate Apartments

101 N Bowser RdRichardson, TX 75081
  • Utilities Included
close
View Me
Central North
2 Bedroom Apartments

Central North

340 Custer RdRichardson, TX 75080
  • Utilities Included
close
View Me
1212 Hampshire Ln
1 to 3 Bedroom Apartments

1212 Hampshire Ln

1212 Hampshire LnRichardson, TX 75080
property at 1212 Hampshire Ln

1212 Hampshire Ln

RichardsonTX75080
property at 1212 Hampshire Ln

1212 Hampshire Ln

RichardsonTX75080
property at 1212 Hampshire Ln

1212 Hampshire Ln

RichardsonTX75080
property at 1212 Hampshire Ln

1212 Hampshire Ln

RichardsonTX75080
close
View Me
The Charlie
1 to 2 Bedroom Apartments

The Charlie

13015 Audelia RdDallas, TX 75243

Highland Terrace, Richardson, TX Local Guide

Cheapest Available Highland Terrace Apartments for Rent

 

The cheapest available apartment rental in the Highland Terrace area of Dallas, TX is a 1 Bed unit found at The Charlie priced from $722. Ninety-Nine44 on Walnut has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Highland Terrace apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The CharlieA11BR,1BA$722
Ninety-Nine44 on WalnutA11BR,1BA$800
Parks at WalnutS1Studio,1BA$819
Hunters CourtA11BR,1BA$870
Huntington BrookA31BR,1BA$875
The View at Lake Highlands0 bedroom 1 bath1BR,1BA$881
PepperwoodEfficiencyStudio,1BA$899
High OaksUnit1BR,1BA$935
The WarrenA21BR,1BA$943
Encore at BuckinghamThe Windsor1BR,1BA$970

Best Value Apartments for Rent in Highland Terrace, TX

As of November 15, 2025 the best value apartment in the Highland Terrace area is the $1.45 price per square foot B2 Model at Lockwood Heights in the in the Abrams Road neighborhood starting from $1,585. The second greatest value Highland Terrace apartment is the The Kensington Model at Encore at Buckingham starting at $1,431 with a $1.45 price per square foot in the Abrams Road neighborhood. Here is today’s list of the best values for Highland Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lockwood HeightsB22BR,2BA$1.45
Encore at BuckinghamThe Kensington2BR,2BA$1.45
Amber Dawn ApartmentsRadiance I2BR,2BA$1.23
Oaks at Spring ValleyB12BR,1BA$1.40
101 N Bowser Rd, Unit 1101 N Bowser Rd2BR,1BA$1.50
Prestonwood Apartments HomesA2 Upgrade1BR,1BA$1.53
Falls on Clearwood Apartments1 Bedroom A11BR,1BA$1.35
Riverwalk ApartmentsA21BR,1BA$1.51
Cutter's Point Apartment HomesAmelia1BR,1BA$1.42
The CharlieA11BR,1BA$1.44

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Highland Terrace, Richardson, TX

Ranked #14

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Highland Terrace, Richardson, and the greater Dallas area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Highland Terrace Apartments

What is a cheap apartment in Highland Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Highland Terrace is under $970.

What is the price of a cheap apartment in Highland Terrace?

The cheapest apartment in Highland Terrace is The Charlie which is listed at $722, while the average apartment in Highland Terrace costs $8,711.

What types of apartments are the cheapest in Highland Terrace?

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 30 regular apartments in Highland Terrace 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 Highland Terrace?

Cheap apartments in Highland Terrace have an average cost of $190 which is $8,521 cheaper than the average rent for all rentals in Highland Terrace.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods in Dallas, TX article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.