
Cheap Homes for Rent in Highland Terrace Neighborhood of Richardson, TX from $700 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Highland Terrace area of Richardson.


000 Stillmeadow Dr

9801 Walnut St, Unit A305

9813 Walnut St

9805 Walnut St

9823 Walnut St, Unit L306

9811 Walnut St
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.

9839 Walnut St

9011 Lyndon B Johnson Fwy

9696 Walnut St

9825 Walnut St

9835 Walnut St

12480 Abrams Rd

9833 Walnut St
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.

9823 Walnut St

9815 Walnut St, Unit H102

9815 Walnut St

9835 Walnut St, Unit R202RR

9621 Walnut St

9837 Walnut St, Unit S204

9837 Walnut St
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.
Highland Terrace, Richardson, TX Local Guide

How much does it cost to rent a home in Highland Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Highland Terrace 2 Bedroom Homes for Rent | $1,576 | $1,099 | $2,400 |
| Highland Terrace 3 Bedroom Homes for Rent | $2,556 | $1,500 | $3,900 |
| Highland Terrace 4 Bedroom Homes for Rent | $2,742 | $2,299 | $3,150 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Highland Terrace Neighborhood of Richardson, TX.
Explore Richardson
Highland Terrace, Richardson, TX Local Guide
- Nearby Richardson neighborhoods
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- Local Counties
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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 Pepperwood priced from $766. The Warren has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Highland Terrace apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pepperwood | Efficiency | Studio,1BA | $766 |
| The Warren | A2 | 1BR,1BA | $799 |
| Parks at Walnut | S1 | Studio,1BA | $811 |
| The View at Lake Highlands | E1 | Studio,1BA | $814 |
| Park on Greenville | A1 | 1BR,1BA | $838 |
Best Value Apartments for Rent in Highland Terrace, TX
As of June 17, 2026 the best value apartment in the Highland Terrace area is the $1.26 price per square foot C1 Model at Lockwood Heights in the in the Abrams Road neighborhood starting from $1,700. The second greatest value Highland Terrace apartment is the Radiance I Model at Amber Dawn Apartments starting at $1,230 with a $1.26 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lockwood Heights | C1 | 3BR,2BA | $1.26 |
| Amber Dawn Apartments | Radiance I | 2BR,2BA | $1.26 |
| The Warren | B3 | 2BR,2BA | $1.22 |
| Hunters Court | B2 | 2BR,2BA | $1.47 |
| LAKESIDE ON SPRING VALLEY | B2 896sf 2/1.5 | 2BR,1.5BA | $1.41 |
| Oaks at Spring Valley | B1 | 2BR,1BA | $1.38 |
| Falls on Clearwood Apartments | 1 Bedroom A1 | 1BR,1BA | $1.37 |
| Prestonwood Apartments Homes | A1 Upgrade | 1BR,1BA | $1.45 |
| Crossings Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.47 |
| Riverwalk Apartments | A1 | 1BR,1BA | $1.39 |
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 LifestyleHighland Terrace, Richardson, TX
Ranked #10
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
Frequently Asked Questions about Highland Terrace
What type of rentals are currently available in Highland Terrace?
There are currently 76 Apartments for Rent in Highland Terrace, TX with pricing that ranges from $766 to $13,567. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Highland Terrace ranging from $775 to $3,900.
What is the current price range for Rental Homes in Highland Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Highland Terrace ranges from $775 to $3,900 with an average monthly rent of $1,767.
How much are larger Three and Four Bedroom Rentals in Highland Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Highland Terrace range from $1,705 to $6,640, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,299 and Four Bedroom Apartments start at $10,000.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.