
Cheap Apartments for Rent in the Waterford Villas Neighborhood of Richardson, TX from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterford Villas area of Richardson.


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Cutter's Point Apartment Homes

Lockwood Heights

Trade Winds Apartments

Heather Glen

Eastgate Apartments

High Oaks
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 Bernard

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The Beckham

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The Bentley

Solana

Park on Greenville

Helios

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The Jasmine Apartments
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.

Pepperwood

The Glen at Highpoint

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Riverwalk Apartments

Infinity on the Mark

The View at Lake Highlands

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North Creek

Lumina
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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Hickory Apartments

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Crestridge Apartments

Waterford at Goldmark

Bosque Estates

St. Croix Apartments

Solarium Apartments

The Pavilions
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.

Creekside on the Green
Waterford Villas, Richardson, TX Local Guide

How much does it cost to rent an apartment in Waterford Villas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford Villas Studio Apartments | $1,144 | $800 | $1,709 |
| Waterford Villas 1 Bedroom Apartments | $1,189 | $749 | $2,618 |
| Waterford Villas 2 Bedroom Apartments | $1,554 | $985 | $3,094 |
| Waterford Villas 3 Bedroom Apartments | $2,271 | $1,599 | $4,231 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Waterford Villas Neighborhood of Richardson, TX.
See all Apartments in RichardsonExplore Richardson
Waterford Villas, Richardson, TX Local Guide
- Nearby Richardson neighborhoods
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Cheapest Available Waterford Villas Apartments for Rent
 The cheapest available apartment rental in the Waterford Villas area of Dallas, TX is a 1 Bed unit found at The Bernard priced from $655. The Beckham has the second lowest priced unit, which is a 1 Bed apartment currently listed from $708. Here are the most affordable Waterford Villas apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Bernard | A1 | 1BR,1BA | $655 |
| The Beckham | A1 | 1BR,1BA | $708 |
| The Bentley | A1 | 1BR,1BA | $713 |
| Solana | A1 | Studio,1BA | $749 |
| Helios | E1 | Studio,1BA | $824 |
| The Jasmine Apartments | S1 | Studio,1BA | $850 |
| Pepperwood | Efficiency | Studio,1BA | $855 |
| Park on Greenville | A2 | 1BR,1BA | $867 |
| Infinity on the Mark | A1 | 1BR,1BA | $880 |
| The View at Lake Highlands | 0 bedroom 1 bath | 1BR,1BA | $881 |
Best Value Apartments for Rent in Waterford Villas, TX
As of February 17, 2026 the best value apartment in the Waterford Villas area is the $1.40 price per square foot C1 Model at Lockwood Heights in the in the Abrams Road neighborhood starting from $1,900. The second greatest value Waterford Villas apartment is the 2 Bed 1.5 Bath T1 Model at Falls on Clearwood Apartments starting at $1,620 with a $1.35 price per square foot in the Abrams Road neighborhood. Here is today’s list of the best values for Waterford Villas apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lockwood Heights | C1 | 3BR,2BA | $1.40 |
| Falls on Clearwood Apartments | 2 Bed 1.5 Bath T1 | 2BR,1.5BA | $1.35 |
| Riverwalk Apartments | B1 | 2BR,2BA | $1.39 |
| Lumina | B3 | 2BR,2BA | $1.49 |
| Hickory Apartments | Spacious Two Bedroom, Two Bath Apartment Home | 2BR,2BA | $1.33 |
| The Bernard | B2 | 2BR,2BA | $1.26 |
| The Beckham | B1 | 2BR,1BA | $1.20 |
| North Creek | A3 | 1BR,1BA | $1.49 |
| Bosque Estates | 1 Bedroom / 1 Bath | 1BR,1BA | $1.45 |
| Cutter's Point Apartment Homes | Amelia | 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.
Read ArticleThe 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.
Read ArticleCash 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.
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 LifestyleWaterford Villas, Richardson, TX
Ranked #7
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Waterford Villas, Richardson, TX
School data provided by Great Schools
Frequently Asked Questions about Cheap Waterford Villas Apartments
What is a cheap apartment in Waterford Villas?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waterford Villas is under $881.
What is the price of a cheap apartment in Waterford Villas?
The cheapest apartment in Waterford Villas is The Bernard which is listed at $655, while the average apartment in Waterford Villas costs $7,651.
What types of apartments are the cheapest in Waterford Villas?
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 95 regular apartments in Waterford Villas 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 Waterford Villas?
Cheap apartments in Waterford Villas have an average cost of $211 which is $7,440 cheaper than the average rent for all rentals in Waterford Villas.
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.