
Cheap Homes for Rent in Park Place Neighborhood of Watauga, TX from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Place area of Watauga.


8101 Flowertree Dr

6412 Tammy Ct

2006 Bradley Ct

6321 Saramac Dr

2028 Valley Forge Trail
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.

5516 Lewis Ct

6821 Sierra Dr

5730 Westchase Dr

4721 Wineberry Dr

4624 Baytree Dr

6625 Emily Dr
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.
Park Place, Watauga, TX Local Guide

How much does it cost to rent a home in Park Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Place 2 Bedroom Homes for Rent | $1,632 | $1,495 | $1,835 |
| Park Place 3 Bedroom Homes for Rent | $2,195 | $1,695 | $4,200 |
| Park Place 4 Bedroom Homes for Rent | $2,721 | $1,900 | $3,750 |
| Park Place 5 Bedroom Homes for Rent | $3,275 | $710 | $8,000 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Park Place Neighborhood of Watauga, TX.
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Park Place, Watauga, TX Local Guide
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Cheapest Available Park Place Apartments for Rent
 The cheapest available apartment rental in the Park Place area of Dallas, TX is a 1 Bed unit found at Acacia priced from $839. Emmitt Luxury Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable Park Place apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Acacia | One Bedroom | 1BR,1BA | $839 |
| Emmitt Luxury Apartments | A1 | 1BR,1BA | $910 |
| The Hudson | A1 | 1BR,1BA | $979 |
| Wood Meadow Apartments | One Bedroom | 1BR,1BA | $995 |
| Sandshell at Fossil Creek | 1 BED / 1 BATH | 1BR,1BA | $999 |
Best Value Apartments for Rent in Park Place, TX
As of April 18, 2026 the best value apartment in the Park Place area is the $1.64 price per square foot Lemon Model at Covey Homes Basswood in the in the North Fort Worth neighborhood starting from $2,299. The second greatest value Park Place apartment is the C2 Model at Ranch at Fossil Creek starting at $2,255 with a $1.70 price per square foot in the Fossil Park neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Covey Homes Basswood | Lemon | 4BR,3.5BA | $1.64 |
| Ranch at Fossil Creek | C2 | 3BR,2BA | $1.70 |
| The Landry at Cross Creek | B1 | 2BR,2BA | $1.27 |
| Mercantile Square | Barbaro | 2BR,2BA | $1.36 |
| Skyview West Apartments | A1 | 1BR,1BA | $1.59 |
| The Hills at Ironhorse | B1 | 2BR,1BA | $1.62 |
| The Abbey at Hightower | A2 | 1BR,1BA | $1.62 |
| Western Station Apartments | A3 Upgraded | 1BR,1BA | $1.70 |
| Belmond Apartments | A2R | 1BR,1BA | $1.69 |
| Hidden Lakes | A1 | 1BR,1BA | $1.60 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Best Local Schools in Park Place, Watauga, TX
School data provided by Great Schools
Frequently Asked Questions about Park Place
What type of rentals are currently available in Park Place?
There are currently 80 Apartments for Rent in Park Place, TX with pricing that ranges from $839 to $20,519. There are also 215 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $450 to $8,000.
What is the current price range for Rental Homes in Park Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Place ranges from $450 to $8,000 with an average monthly rent of $2,094.
How much are larger Three and Four Bedroom Rentals in Park Place?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Place range from $1,399 to $12,719, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,200. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,720.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.