Most Affordable Neighborhoods in Dallas, TX
Some of the cheapest neighborhoods in Dallas are Encino Hills, Village Hill, and Piedmont-Scyene. These neighborhoods offer some of the lowest rent prices in Dallas, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Dallas is $1,418, which is 1% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Encino Hills
Average Rent
$844/Month
TransitScore® Rating
37/100
Units Available
36 Rentals
If you’re looking for a great, affordable neighborhood in Dallas, Encino Hills might be the perfect place! It has an average rent price of $844, while the city’s average stands at $1,418. Encino Hills is near Dallas World Aquarium, Mountain Creek Lake Park, and Twelve Hills Nature Center.
Village Hill
Average Rent
$848/Month
TransitScore® Rating
46/100
Units Available
18 Rentals
Village Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in Village Hill is $848 while the city average is $1,418. Residents enjoy convenient access to Greenville SW Center, 6730 Shadybrook Ln-Bookmark Center, and Caruth Haven Plaza. The neighborhood is considered somewhat walkable with a WalkScore® of 67.
Piedmont-Scyene
Average Rent
$911/Month
TransitScore® Rating
39/100
Units Available
29 Rentals
When you’re looking for a great Dallas neighborhood on a budget, check out Piedmont-Scyene. The average rent is $911, compared to the city average of $1,418. Piedmont-Scyene is convenient to Paul Quinn College, Trinity River Audubon Center, and Dallas-Fort Worth International. The community is somewhat walkable with a WalkScore® of 59.
The Indigo on Forest
Average Rent
$927/Month
TransitScore® Rating
42/100
Units Available
265 Rentals
The Indigo on Forest is an affordable neighborhood in Dallas with an average rent price of $927. Compare this to the city average of $1,418. The Indigo on Forest provides easy access to The Art Institute of Dallas, Richland Park, and UT Dallas. It’s a somewhat walkable neighborhood with a WalkScore® of 50.
Piedmont
Average Rent
$964/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
41/100
Units Available
71 Rentals
If you’re looking for a great, affordable neighborhood in Dallas, Piedmont might be the perfect place! It has an average rent price of $964, while the city’s average stands at $1,418. In the last year, prices have decreased by 0.4%. Piedmont is near Buckner Station, William Blair Jr. Park, and Great Trinity Forest Gateway and Horse Trails.
Lake Gardens
Average Rent
$964/Month
Units Available
12 Rentals
Lake Gardens is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lake Gardens is $964 while the city average is $1,418. Residents enjoy convenient access to Lbj / Skillman Station, Lake Highlands Station, and Eastfield College.
Lochwood
Average Rent
$964/Month
TransitScore® Rating
36/100
Units Available
12 Rentals
When you’re looking for a great Dallas neighborhood on a budget, check out Lochwood. The average rent is $964, compared to the city average of $1,418. Lochwood is convenient to Berkner Park, Lake Highlands Station, and Eastfield College. The community is car-dependent with a WalkScore® of 44.
Historic Oak Cliff
Average Rent
$972/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
48/100
Units Available
68 Rentals
Historic Oak Cliff is an affordable neighborhood in Dallas with an average rent price of $972. Compare this to the city average of $1,418. In the past year, rent prices have decreased by 1.7%. Historic Oak Cliff provides easy access to Dallas World Aquarium, Trinity Overlook Park, and Dallas Baptist University. It’s a somewhat walkable neighborhood with a WalkScore® of 63.
Pleasant Grove
Average Rent
$987/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
29/100
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Dallas, Pleasant Grove might be the perfect place! It has an average rent price of $987, while the city’s average stands at $1,418. In the last year, prices have increased by 2.3%. Pleasant Grove is near St Augustine Shopping Center, Lawnview Station, and McCommas Bluff Preserve.
Kiest Park
Average Rent
$987/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
43/100
Units Available
43 Rentals
Kiest Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kiest Park is $987 while the city average is $1,418. This is a -0.5% difference from last year. Residents enjoy convenient access to Kiest, Kiest Polk Plaza, and Hampton Station. The neighborhood is considered somewhat walkable with a WalkScore® of 62.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.