Cheap Apartments for Rent in the Highland Terrace Neighborhood of Richardson, TX from $500 (71 Rentals)

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

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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 Wexler
Studio to 3 Bedroom Apartments

The Wexler

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

Heather Glen

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

Eastgate Apartments

101 N Bowser RdRichardson, TX 75081
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Central North
2 Bedroom Apartments

Central North

340 Custer RdRichardson, TX 75080
  • Utilities Included

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.

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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

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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.

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The Charlie
1 to 2 Bedroom Apartments

The Charlie

13015 Audelia RdDallas, TX 75243
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Parks at Walnut
Studio to 2 Bedroom Apartments

Parks at Walnut

10000 Walnut StDallas, TX 75243

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 Huntington Brook priced from $725. The Charlie has the second lowest priced unit, which is a 1 Bed apartment currently listed from $747. Here are the most affordable Highland Terrace apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Huntington BrookA11BR,1BA$725
The CharlieA11BR,1BA$747
Parks at WalnutS1Studio,1BA$819
The View at Lake Highlands0 bedroom 1 bath1BR,1BA$881
PepperwoodEfficiencyStudio,1BA$899
Hunters CourtA11BR,1BA$900
High OaksUnit1BR,1BA$935
Encore at BuckinghamThe Windsor1BR,1BA$938
The WarrenA21BR,1BA$943
Cutter's Point Apartment HomesAmelia1BR,1BA$980

Best Value Apartments for Rent in Highland Terrace, TX

As of November 23, 2025 the best value apartment in the Highland Terrace area is the $1.19 price per square foot 2 Bed 2.5 Bath T2 Model at Falls on Clearwood Apartments in the in the Abrams Road neighborhood starting from $1,630. The second greatest value Highland Terrace apartment is the B2 Model at Lockwood Heights starting at $1,585 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.
Falls on Clearwood Apartments2 Bed 2.5 Bath T22BR,2.5BA$1.19
Lockwood HeightsB22BR,2BA$1.45
Sonterra at BuckinghamCatalina2BR,2BA$1.53
Amber Dawn ApartmentsRadiance I2BR,2BA$1.23
Oaks at Spring ValleyB12BR,1BA$1.35
101 N Bowser Rd, Unit 1101 N Bowser Rd2BR,1BA$1.50
Cutter's Point Apartment HomesAmelia1BR,1BA$1.40
Crossings ApartmentsUpdated 1 Bed 1 Bath1BR,1BA$1.51
Tuscany at Goldmark Senior Living - 62+ Only1 bed 1 bath1BR,1BA$1.55
The CharlieA11BR,1BA$1.49

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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Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Pet Friendly Lifestyle
Highland Terrace, Richardson, TX

Ranked #13

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $980.

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

The cheapest apartment in Highland Terrace is Huntington Brook which is listed at $725, while the average apartment in Highland Terrace costs $7,537.

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 33 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 $193 which is $7,344 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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.