
Cheap Apartments for Rent in the Highland Terrace Neighborhood of Richardson, TX from $500 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Highland Terrace area of Richardson.


508 Birch Ln

Encore at Buckingham

Cutter's Point Apartment Homes

Arboretum Estates

Lockwood Heights

Sonterra at Buckingham

The Collins

Falls on Clearwood Apartments

1000 W Spring Valley Rd
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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.

GreenVue

Brick Row Apartments

Trade Winds Apartments

LAKESIDE ON SPRING VALLEY

The Wexler

Heather Glen

Eastgate Apartments

High Oaks

Prestonwood Apartments Homes

Central North
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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.

Oaks at Spring Valley

Camelot Apartments

University Village Apartments

1212 Hampshire Ln

1212 Hampshire Ln

1212 Hampshire Ln

1212 Hampshire Ln

The View at Lake Highlands

9809 Walnut St, Unit e302

Pepperwood
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Park on Greenville

9696 Walnut St

Waterford at Goldmark

Riverwalk Apartments

9611 Walnut St

12482 Abrams Rd, Unit 922

12482 Abrams Rd

Huntington Brook

9811 Walnut St

Parks at Walnut
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Richland Trace Condominiums

9839 Walnut St

Briarwyck Apartments

9801 Walnut St

The Charlie

9807 Walnut St

9805 Walnut St

Ninety-Nine44 on Walnut

9813 Walnut St

9833 Walnut St
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Highland Terrace, Richardson, TX Local Guide

How much does it cost to rent an apartment in Highland Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Highland Terrace Studio Apartments | $1,270 | $805 | $1,709 |
| Highland Terrace 1 Bedroom Apartments | $1,303 | $894 | $2,618 |
| Highland Terrace 2 Bedroom Apartments | $1,732 | $1,108 | $3,094 |
| Highland Terrace 3 Bedroom Apartments | $2,575 | $1,625 | $6,055 |
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the Highland Terrace Neighborhood of Richardson, TX.
See all Apartments in RichardsonExplore Richardson
Highland Terrace, Richardson, TX Local Guide
- Nearby Richardson neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Highland Terrace Apartments for Rent
 The cheapest available apartment rental in the Highland Terrace area of Dallas, TX is a Studio unit found at Parks at Walnut priced from $750. The View at Lake Highlands has the second lowest priced unit, which is a Studio apartment currently listed from $808. Here are the most affordable Highland Terrace apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parks at Walnut | S1 | Studio,1BA | $750 |
| The View at Lake Highlands | E1 | Studio,1BA | $808 |
| The Charlie | A1 | 1BR,1BA | $825 |
| Pepperwood | Efficiency | Studio,1BA | $855 |
| Ninety-Nine44 on Walnut | A2 | 1BR,1BA | $885 |
| Encore at Buckingham | The Windsor | 1BR,1BA | $912 |
| Waterford at Goldmark | 1x1 50% | 1BR,1BA | $975 |
| Riverwalk Apartments | A1 | 1BR,1BA | $988 |
| High Oaks | Unit | 1BR,1BA | $995 |
| Hunters Court | A2 | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Highland Terrace, TX
As of March 12, 2026 the best value apartment in the Highland Terrace area is the $1.32 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 $1,585. The second greatest value Highland Terrace apartment is the The Kensington Model at Encore at Buckingham starting at $1,332 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Falls on Clearwood Apartments | 2 Bed 1.5 Bath T1 | 2BR,1.5BA | $1.32 |
| Encore at Buckingham | The Kensington | 2BR,2BA | $1.35 |
| Amber Dawn Apartments | Radiance II | 2BR,2BA | $1.17 |
| The Warren | B3 | 2BR,2BA | $1.29 |
| 101 N Bowser Rd, Unit 1 | 101 N Bowser Rd | 2BR,1BA | $1.50 |
| Riverwalk Apartments | A2 | 1BR,1BA | $1.49 |
| Lockwood Heights | A3 | 1BR,1BA | $1.48 |
| Prestonwood Apartments Homes | A1 Upgrade | 1BR,1BA | $1.51 |
| Cutter's Point Apartment Homes | Amelia | 1BR,1BA | $1.46 |
| Ninety-Nine44 on Walnut | A1 | 1BR,1BA | $1.44 |
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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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 LifestyleHighland Terrace, Richardson, TX
Ranked #13
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,000.
What is the price of a cheap apartment in Highland Terrace?
The cheapest apartment in Highland Terrace is The Charlie which is listed at $825, while the average apartment in Highland Terrace costs $7,048.
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 34 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 $302 which is $6,746 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

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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.