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Southlake, TX Condos for Rent

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  • /34

    $7,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,729 Sq Ft
    • Condo for Rent

    350 Central Ave Unit 307, South Lake, TX 76092

    Residence 307 showcases a desirable floor plan in the prestigious Parkview Residences at Southlake Town Square. Designed with both comfort and sophistication in mind, the open-concept layout is ideal for entertaining, featuring a stunning gourmet kitchen that flows seamlessly into expansive living and dining areas.A private balcony, accessible from both the living room and the primary

    Barbara Pantuso Keller Williams Realty

    350 Central Ave Unit 307, South Lake, TX 76092
  • /32

    $5,495 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,572 Sq Ft
    • Condo for Rent

    301 Watermere Dr Unit 414, Southlake, TX 76092

    WINTER TEXANS WELCOME! Experience resort-style, lock-and-leave living at Watermere, one of Southlake’s premier 55+ active adult communities. Perfect for full-time residents, seasonal residents, or anyone seeking a maintenance-free lifestyle with exceptional amenities and an active social community.Watermere offers much more than a beautiful home—it offers a lifestyle. Residents enjoy a

    Nancy Hollis Hollis Properties

    301 Watermere Dr Unit 414, Southlake, TX 76092

Frequently Asked Questions

How much does it cost to rent a condo in Southlake, TX?
The median rent for a condo in Southlake, TX is $12,580 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Southlake, TX?
To comfortably afford the median rent in Southlake, TX, a household needs to earn roughly $239,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $5,975 per month in Southlake, TX, renters typically need to show $17,925 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Southlake, TX?
In Southlake, TX, the price-to-rent ratio is 18.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Southlake, TX are best for renting a condo?
The best neighborhood for renting in Southlake, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Lakeside DFW, Las Brisas Hills, North Arlington, Las Colinas and Central Carrollton, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$12,580
Median 2 Bedroom Condo Rent
$9,038
Median 3 Bedroom Condo Rent
$18,480
How to Rent a Home