Cheap Apartments for Rent in the Southwest Richardson Neighborhood of Richardson, TX from $700 (35 Rentals)

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

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The Wexler
Studio to 3 Bedroom Apartments

The Wexler

925 S Waterview DrRichardson, TX 75080
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Windham Chase
2 to 3 Bedroom Apartments

Windham Chase

1330 W Spring Valley RdRichardson, TX 75080

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.

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Valley Estates
2 to 3 Bedroom Apartments

Valley Estates

929 Saint Paul DrRichardson, TX 75080
property at 919 S Weatherred Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 2 Bath Townhome for Rent

Available Now

919 S Weatherred Dr

RichardsonTX75080

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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The Jasmine Apartments
Rent Specials
$828 - $3,797
Total Monthly Price

Total Monthly Price

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$828 - $3,797

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Studio to 2 Bedroom Apartments Available Now

The Jasmine Apartments

13450 Esperanza RdDallas, TX 75240
Corporate Housing
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La Fortuna Apartments
Rent Specials
$884 - $1,664
Total Monthly Price

Total Monthly Price

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$884 - $1,664

Total Monthly Price
$884 - $1,664
Studio to 2 Bedroom Apartments Available Now

La Fortuna Apartments

14018 Brookgreen DrDallas, TX 75240
Affordability
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Esperanza Apartments
Rent Specials
$1,184 - $1,965
Total Monthly Price

Total Monthly Price

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$1,184 - $1,965

Total Monthly Price
$1,184 - $1,965
1 to 3 Bedroom Apartments Available Now

Esperanza Apartments

14000 Esperanza RdDallas, TX 75240
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Vinings at Central
1 to 3 Bedroom Apartments

Vinings at Central

13447 N Central ExpyDallas, TX 75243

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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Lumina
Studio to 2 Bedroom Apartments

Lumina

13512 Esperanza RdDallas, TX 75240
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Casa de Arroyo
1 to 2 Bedroom Apartments

Casa de Arroyo

8360 Spring Valley RdDallas, TX 75240
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Berkshire Square
1 to 3 Bedroom Apartments

Berkshire Square

7950 Cliffbrook DrDallas, TX 75254
Corporate Housing
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Hunters Court
1 to 2 Bedroom Apartments

Hunters Court

8550 SPRING VALLEY RdDallas, TX 75254
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Gateway(old)
1 to 3 Bedroom Apartments

Gateway(old)

13455 Kit LnDallas, TX 75240

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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West Creek Villas
1 to 2 Bedroom Apartments

West Creek Villas

8444 Spring Valley RdDallas, TX 75240
  • Utilities Included
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Z - The Citizen
1 Bedroom Apartments

Z - The Citizen

8550 Midpark RdDallas, TX 75240

Southwest Richardson, Richardson, TX Local Guide

Cheapest Available Southwest Richardson Apartments for Rent

 

The cheapest available apartment rental in the Southwest Richardson area of Dallas, TX is a Studio unit found at Helios priced from $804. The Jasmine Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $828. Here are the most affordable Southwest Richardson apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
HeliosE1Studio,1BA$804
The Jasmine ApartmentsS1Studio,1BA$828
La Fortuna ApartmentsA1Studio,1BA$884
LuminaA11BR,1BA$899
Watersong Villas ApartmentsA1 1x11BR,1BA$1,050
Hunters CourtA11BR,1BA$1,070
Northwood Hills ApartmentsThe Castilian1BR,1BA$1,100
Oaks at Spring ValleyA11BR,1BA$1,119
Falls on Clearwood Apartments1 Bedroom A11BR,1BA$1,145
Waterford at Goldmark2x1B 50%2BR,1BA$1,174

Best Value Apartments for Rent in Southwest Richardson, TX

As of May 19, 2026 the best value apartment in the Southwest Richardson area is the $1.32 price per square foot C2THR Model at La Mirada in the in the Preston Hollow neighborhood starting from $1,984. The second greatest value Southwest Richardson apartment is the Radiance I Model at Amber Dawn Apartments starting at $1,195 with a $1.22 price per square foot in the Preston Hollow neighborhood. Here is today’s list of the best values for Southwest Richardson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
La MiradaC2THR3BR,2BA$1.32
Amber Dawn ApartmentsRadiance I2BR,2BA$1.22
Hillsdale Garden ApartmentsB12BR,1.5BA$1.49
Esperanza ApartmentsB12BR,2BA$1.51
Falls on Clearwood Apartments1 Bedroom A11BR,1BA$1.42
Prestonwood Apartments HomesA1 Upgrade1BR,1BA$1.58
Northwood Hills ApartmentsThe Castilian1BR,1BA$1.64
Tuscany at Goldmark Senior Living - 62+ Only1 bed 1 bath1BR,1BA$1.55
HeliosA11BR,1BA$1.72
La Fortuna ApartmentsA1Studio ,1BA$1.77

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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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.

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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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Frequently Asked Questions about Cheap Southwest Richardson Apartments

What is a cheap apartment in Southwest Richardson?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Richardson is under $1,174.

What is the price of a cheap apartment in Southwest Richardson?

The cheapest apartment in Southwest Richardson is Helios which is listed at $859, while the average apartment in Southwest Richardson costs $8,951.

What types of apartments are the cheapest in Southwest Richardson?

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 21 regular apartments in Southwest Richardson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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