
Cheap Apartments for Rent in the Downtown Terrell Neighborhood of Terrell, TX from $900 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Terrell area of Terrell.


The Southerly at Terrell
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Downtown Terrell, Terrell, TX Local Guide

How much does it cost to rent an apartment in Downtown Terrell?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Terrell Studio Apartments | $1,200 | $1,200 | $1,200 |
Downtown Terrell 1 Bedroom Apartments | $1,527 | $1,118 | $2,098 |
Downtown Terrell 2 Bedroom Apartments | $1,706 | $1,125 | $4,788 |
Downtown Terrell 3 Bedroom Apartments | $1,738 | $1,697 | $3,105 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Downtown Terrell Neighborhood of Terrell, TX.
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Cheapest Available Downtown Terrell Apartments for Rent
 The cheapest available apartment rental in the Downtown Terrell area of Dallas, TX is a 1 Bed unit found at Parkview Apartments priced from $1,195. The Southerly at Terrell has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable Downtown Terrell apartments for rent in Dallas, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parkview Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,195 |
The Southerly at Terrell | A1-the Adler | 1BR,1BA | $1,199 |
Magnolia Grove Apartments | 1x1 704 sq ft | 1BR,1BA | $1,274 |
Best Value Apartments for Rent in Downtown Terrell, TX
As of June 17, 2025 the best value apartment in the Downtown Terrell area is the $1.28 price per square foot 3 Bedroom 2 Bath Model at Tiffany Square in the in the Downtown Terrell neighborhood starting from $1,697. The second greatest value Downtown Terrell apartment is the 2 Bed 2 Bath Model at Heather Lane starting at $1,480 with a $1.35 price per square foot in the Downtown Terrell neighborhood. Here is today’s list of the best values for Downtown Terrell apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Tiffany Square | 3 Bedroom 2 Bath | 3BR,2BA | $1.28 |
Heather Lane | 2 Bed 2 Bath | 2BR,2BA | $1.35 |
The Southerly at Terrell | A4-the Delilah | 1BR,1BA | $2.19 |
Parkview Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.59 |
Magnolia Grove Apartments | 1x1 704 sq ft | 1BR,1BA | $1.81 |
Frequently Asked Questions about Cheap Downtown Terrell Apartments
What is the price of a cheap apartment in Downtown Terrell?
The cheapest apartment in Downtown Terrell is Parkview Apartments which is listed at $1,195, while the average apartment in Downtown Terrell costs $1,697.
What types of apartments are the cheapest in Downtown Terrell?
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 60 regular apartments in Downtown Terrell 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 Downtown Terrell?
Cheap apartments in Downtown Terrell have an average cost of $1,272 which is $425 cheaper than the average rent for all rentals in Downtown Terrell.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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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Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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