Cheap Apartments for Rent in the Highland Terrace Neighborhood of Richardson, TX from $500 (89 Rentals)

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

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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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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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
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1212 Hampshire Ln
1 to 3 Bedroom Apartments

1212 Hampshire Ln

1212 Hampshire LnRichardson, TX 75080
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High Oaks
1 to 3 Bedroom Apartments

High Oaks

113-117 S Bowser RdRichardson, TX 75081
Student Housing
property at 1212 Hampshire Ln

$1,165

1 Bedroom, 1 Bath Condo for Rent

Available Now

1212 Hampshire Ln

RichardsonTX75080

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.

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property at 1212 Hampshire Ln

$1,175

1 Bedroom, 1 Bath Condo for Rent

Available Now

1212 Hampshire Ln

RichardsonTX75080
property at 1212 Hampshire Ln

$1,190

1 Bedroom, 1 Bath Condo for Rent

Available Now

1212 Hampshire Ln

RichardsonTX75080
property at 1212 Hampshire Ln

$1,195

1 Bedroom, 1 Bath Condo for Rent

Available Now

1212 Hampshire Ln

RichardsonTX75080
property at 1212 Hampshire Ln

$1,205

1 Bedroom, 1 Bath Condo for Rent

Available Now

1212 Hampshire Ln

RichardsonTX75080
property at 1212 Hampshire Ln

$1,230

1 Bedroom, 1 Bath Condo for Rent

Available Now

1212 Hampshire Ln

RichardsonTX75080
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Camden Buckingham
1 to 2 Bedroom Apartments

Camden Buckingham

430 E Buckingham RdRichardson, TX 75081
  • Utilities Included
property at 1212 Hampshire Ln

$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

1212 Hampshire Ln

RichardsonTX75080
property at 1212 Hampshire Ln

$1,275

1 Bedroom, 1 Bath Condo for Rent

Available Now

1212 Hampshire Ln

RichardsonTX75080
property at 1212 Hampshire Ln

$1,165 - $1,890

1 To 2 Bedroom Rentals

Available Now

1212 Hampshire Ln

RichardsonTX75080

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.

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property at 1212 Hampshire Ln

$1,320

1 Bedroom, 1 Bath Condo for Rent

Available Now

1212 Hampshire Ln

RichardsonTX75080
property at 9805 Walnut St

$850 - $1,225

1 To 2 Bedroom Rentals

Available Now

9805 Walnut St

DallasTX75243

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 $762. Parks at Walnut has the second lowest priced unit, which is a Studio apartment currently listed from $784. Here are the most affordable Highland Terrace apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The CharlieA21BR,1BA$762
Parks at WalnutS1Studio,1BA$784
PepperwoodEfficiencyStudio,1BA$849
Hunters CourtA11BR,1BA$875
The View at Lake Highlands0 bedroom 1 bath1BR,1BA$881
Park on GreenvilleA2 FP1BR,1BA$891
Ninety-Nine44 on WalnutA31BR,1BA$899
Cutter's Point Apartment HomesAmelia1BR,1BA$915
Riverwalk ApartmentsA11BR,1BA$971
Waterford at Goldmark1x1 50%1BR,1BA$975

Best Value Apartments for Rent in Highland Terrace, TX

As of January 08, 2026 the best value apartment in the Highland Terrace area is the $1.26 price per square foot 2 Bed 1.5 Bath T1 Model at Falls on Clearwood Apartments in the in the Abrams Road neighborhood starting from $1,510. The second greatest value Highland Terrace apartment is the Sunrise I Model at Amber Dawn Apartments starting at $1,370 with a $1.29 price per square foot in the Preston Hollow 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 1.5 Bath T12BR,1.5BA$1.26
Amber Dawn ApartmentsSunrise I2BR,1.5BA$1.29
The WarrenC13BR,2BA$1.35
Riverwalk ApartmentsB12BR,2BA$1.46
Oaks at Spring ValleyB12BR,1BA$1.34
Crossings Apartments1 Bed 1 Bath1BR,1BA$1.42
Cutter's Point Apartment HomesAmelia1BR,1BA$1.31
Park on GreenvilleA2 FP1BR,1BA$1.38
Ninety-Nine44 on WalnutA21BR,1BA$1.45
Hunters CourtA11BR,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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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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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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Best Local Schools in
Highland Terrace, Richardson, TX

School data provided by Great Schools

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 $975.

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

The cheapest apartment in Highland Terrace is The Charlie which is listed at $762, while the average apartment in Highland Terrace costs $4,107.

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 37 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 $238 which is $3,869 cheaper than the average rent for all rentals in Highland Terrace.

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

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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

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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

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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 to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!