Cheap Homes for Rent in Highland Terrace Neighborhood of Richardson, TX from $700 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 9801 Walnut St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom, 1 Bath Condo for Rent

Available Now

9801 Walnut St, Unit A305

9801 Walnut St
DallasTX75243
property at 9805 Walnut St

$850 - $1,500

1 To 2 Bedroom Rentals

Available Now

9805 Walnut St

DallasTX75243

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.

property at 9696 Walnut St

$710 - $1,200

1 To 2 Bedroom Rentals

Available Now

9696 Walnut St

DallasTX75243
property at 9825 Walnut St

$695 - $1,250

Studio To 2 Bedroom Rentals

Available Now

9825 Walnut St

DallasTX75243
property at 9835 Walnut St

$900 - $1,150

1 To 2 Bedroom Rentals

Available Now

9835 Walnut St

DallasTX75243
property at 12480 Abrams Rd

$1,050 - $1,650

1 To 2 Bedroom Rentals

Available Now

12480 Abrams Rd

DallasTX75243

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.

property at 9815 Walnut St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

9815 Walnut St, Unit H102

9815 Walnut St
DallasTX75243
property at 9835 Walnut St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Now

9835 Walnut St, Unit R202RR

9835 Walnut St
DallasTX75243
property at 9837 Walnut St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2 Bath Condo for Rent

Available Now

9837 Walnut St, Unit S204

9837 Walnut St
DallasTX75243
property at 9837 Walnut St

$1,095 - $1,400

2 Bedroom Rentals

Available Now

9837 Walnut St

DallasTX75243

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

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 ListingModel NameBed/BathPriced From
PepperwoodEfficiencyStudio,1BA$766
The WarrenA21BR,1BA$799
Parks at WalnutS1Studio,1BA$811
The View at Lake HighlandsE1Studio,1BA$814
Park on GreenvilleA11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lockwood HeightsC13BR,2BA$1.26
Amber Dawn ApartmentsRadiance I2BR,2BA$1.26
The WarrenB32BR,2BA$1.22
Hunters CourtB22BR,2BA$1.47
LAKESIDE ON SPRING VALLEYB2 896sf 2/1.52BR,1.5BA$1.41
Oaks at Spring ValleyB12BR,1BA$1.38
Falls on Clearwood Apartments1 Bedroom A11BR,1BA$1.37
Prestonwood Apartments HomesA1 Upgrade1BR,1BA$1.45
Crossings Apartments1 Bed 1 Bath1BR,1BA$1.47
Riverwalk ApartmentsA11BR,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 Article
Decorative image

Real 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 Article
Decorative image

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 #10

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

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

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 Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX article

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.

decorative image for The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers article

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.

decorative image for An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years article

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.