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173 Apartments for rent in Lewisville, TX

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Last updated September 23 at 1:48PM
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City Guide
Lewisville
Moving to Lewisville

Because the city is growing at such a fast pace, you'll find it easy to rent an apartment or find a house to rent here. There are new luxury apartment complexes cropping up all the time to accommodate the influx of new people. This also means that now is a better time than ever to jump on a new place before rents skyrocket! Make appointments to see a number of different places to get a feel for what kind of units are available. For each appointment, show up on time and get ready to wheel and deal -- you're in Texas, after all. Bring all the regular stuff that landlords require -- a copy of your credit report, pay stubs, references, bank statements, etc. Bring your checkbook, too. Texans like it when you can put your money where your mouth is, so be prepared to write a deposit check right there on the spot. Renting an apartment in Lewisville doesn't vary much from month to month, though the faint of heart might want to avoid the peak summer heat in July and August. Schlepping your stuff back and forth from the moving truck is more pleasant during the milder months.

Neighborhoods

Lewisville has a number of distinct neighborhoods, some that have been around for ages and others just built recently. Here are a few of the main ones:

Lewisville Valley: Built in the early 1980's, this area is north of Main Street and south of Valley Ridge. It's located near a number of city schools and has a lot of single-family homes.

The Oaks: This development cropped up in the mid-1980's and early 1990's. It's less than a mile from Bakersfield Park and Timber Creek, making it a great spot for nature lovers.

Valley Vista: This is a great spot to live if you like convenience. Homes here are close to the Memorial Park and Rec Center, Central Park and a number of schools.

Valley Ridge Estates: If you want to get out of the center of town, this is a great place to do it. It's tucked away in the far southeast corner of Lewisville, but it's still close to Vista Ridge Mall, I-35 and the commuter rail station.

Living in Lewisville

Lewisville is a Texan city through and through. Located at the foot of the panhandle, its warm weather and proximity to Lewisville Lake have made it a stomping ground for the Dallas-Fort Worth population, as well. The city has a stable economic climate, part of the reason for its rapidly-growing population, and it has convenient transportation options running through it, including the I-35 Corridor and the Denton County Transportation Authority regional bus stops / commuter train stops. The DCTA connects with the Dallas Area Rapid Transit (DART) as well, making it a great spot for commuters to the DFW area.

Rent Report
Lewisville

September 2017 Lewisville Rent Report

Welcome to the September 2017 Lewisville Rent Report. In this report, we'll evaluate trends in the Lewisville rental market, including comparisons to cities throughout the metro, state, and nation.

Lewisville rents increase sharply over the past month

Lewisville rents have increased 1.0% over the past month, and are up significantly by 4.6% in comparison to the same time last year. Currently, median rents in Lewisville stand at $980 for a one-bedroom apartment and $1,220 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in January. Lewisville's year-over-year rent growth leads the state average of 1.5%, as well as the national average of 3.0%.

Rents rising across the Dallas Metro

Throughout the past year, rent increases have been occurring not just in the city of Lewisville, but across the entire metro. Of the largest 10 cities that we have data for in the Dallas metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Arlington has seen the fastest rent growth in the metro, with a year-over-year increase of 9.0%. The median two-bedroom there costs $1,200, while one-bedrooms go for $960.
  • Over the past month, Garland has seen the biggest rent drop in the metro, with a decline of 0.6%. Median two-bedrooms there cost $1,210, while one-bedrooms go for $970.
  • Dallas proper has the least expensive rents in the Dallas metro, with a two-bedroom median of $1,110; rents increased 0.2% over the past month and 2.8% over the past year.
  • McKinney has the most expensive rents of the largest cities in the Dallas metro, with a two-bedroom median of $1,450; rents were up 4.7% over the past year but remained flat month-over-month.

Lewisville rents more affordable than many large cities nationwide

As rents have increased in Lewisville, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Lewisville is still more affordable than most large cities across the country.

  • Rents also increased in other cities across the state, with Texas as a whole logging rent growth of 1.5% over the past year. For example, rents have grown by 2.8% in San Antonio and 2.0% in Austin.
  • Lewisville's median two-bedroom rent of $1,220 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 4.6% rise in Lewisville.
  • While Lewisville's rents rose over the past year, some cities nationwide saw decreases, including Houston (-2.4%) and DC (-0.5%).
  • Renters will find more reasonable prices in Lewisville than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than two-and-a-half times the price in Lewisville.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Dallas $890 $1,110 0.2% 2.8%
Fort Worth $910 $1,140 0.5% 5.6%
Arlington $960 $1,200 0.3% 9.0%
Plano $1,150 $1,420 0.3% 1.9%
Garland $970 $1,210 -0.6% 3.5%
Irving $960 $1,190 0.1% 5.2%
Grand Prairie $1,000 $1,240 0.1% 8.2%
Mesquite $1,030 $1,280 -0.4% 5.7%
McKinney $1,160 $1,450 -0.1% 4.7%
Carrollton $1,070 $1,330 0.3% 5.2%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

Lewisville Renter Confidence Survey
National study of renter confidence in the economy, homeownership, and cities
Here's how Lewisville ranks on:
A Overall satisfaction
A- Safety and crime rate
A- Jobs and career opportunities
D Recreational activities
A- Affordability
D Quality of schools
B- Weather
C- Commute time
B State and local taxes
C Public transit
C- Pet-friendliness
Best Worst
Full data available when viewing on a non-mobile device.
Overview of Findings

Apartment List has released results for Lewisville from the second annual Apartment List Renter Satisfaction Survey. The survey, which drew on responses from over 30,000 renters, provides insight into what states and cities must do to meet the needs of the 105 million American renters nationwide.

“Renters in Lewisville seem very satisfied with their city,” says Andrew Woo, Director of Data Science at Apartment List. “They gave most categories above-average scores.”

Key findings in Lewisville include the following:

  • Lewisville renters give their city an A overall for satisfaction.
  • The highest-rated categories for Lewisville were its affordability, safety, and local job and career opportunities, which all received an A-.
  • Renters seem somewhat dissatisfied with the weather (B-) and access to public transit (C).
  • Some larger areas of concern for Lewisville renters included commute times (C-), pet friendliness (C-), and the quality of local schools (D).
  • Renter satisfaction ratings in Lewisville were comparable to other North Texas cities like Richardson (A+), Plano (A-), and Denton (B).
  • The top rated cities nationwide for renter satisfaction included Arlington, VA; Lincoln, NE; Pasadena, CA; Boston, MA; and Madison, WI. The lowest rated cities included Newark, NJ; Bronx, NY; Bridgeport, CT; Baltimore, MD; and Salinas, CA.