Little Elm Apartment Locator: Lakefront Rentals, FM-423 and Co-op Power
As your Little Elm apartment locator, we checked 7 places this week, with prices from $1,115 a month after free rent. Little Elm wraps around the north and east shores of Lewisville Lake, with a public swim beach and a Lakefront District of parks and restaurants. Nearly everything for rent is new: garden communities along FM-423 and Eldorado Parkway, and rental home communities of houses and townhomes. They cost less than Frisco and Prosper for the same space. Many addresses get power from an electric cooperative.
- Typical 1 bedroom
- $1,269/mo
- Places with homes available
- 7
- With a special
- 71%
- Our help costs you
- $0
After free rent, before fees. Checked . See this week's deals
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Costs you nothing
Your list and our help are free
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No credit pull
We never touch your screening report
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We reply during our hours
Mon to Fri, 9:00am to 6:00pm. Your budget and move date are all we need.
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TREC #562021
Spirit Real Estate Group
Little Elm apartments by size this week
We checked 7 places in Little Elm on November 6, 2026. Prices count any firm free rent, spread over the lease, and are before fees. Pick your size to see the best deals.
This week in Little Elm
Price by building age, after free rent
On a 1 bedroom here, middle age buildings run about $253 a month less than newer ones. If price matters most, start with them.
On a 2 bedroom here, middle age buildings run about $237 a month less than newer ones. If price matters most, start with them.
On a 3 bedroom here, middle age buildings run about $167 a month less than newer ones. If price matters most, start with them.
71%
of places here have a move-in special
Most cover only some homes. Ask us which ones, and we'll look it up.
+$70
typical 1 bedroom since November 1
Prices here went up. When you find a deal you like, ask us how long it lasts.
Renting a house or an apartment in Little Elm?
A 3 bedroom house and a 3 bedroom apartment after free rent cost about the same here.
With a house you usually get a yard, more room and no shared walls. You often pay water, trash and yard care yourself, and deposits can run higher.
With an apartment you pay community fees each month for things like parking, trash and amenities. Free rent usually needs a lease of 12 months or more, and the staff on site handles repairs.
House rents: Rentometer, Oct 2026, houses rented in Little Elm, TX in the past 12 months. Apartment prices: our check of 7 communities this week, after free rent and before fees.
Our picks in Little Elm
Places we like right now, in each kind of building. Tell us your budget, and we'll send the names and floor plans.
Newer buildings
Built or redone since 2015
Find your best deal in Little Elm
Pick what you want. We compare each deal with buildings like it here: same size, about the same age.
Circles show the general area, not the building. Numbers match the deals below.
1 / 8Top deal on this list
$154 below similar 1 bedrooms here
1 month off
$1,115
/mo
1 bed · 652 sq ft · $1.71 per sq ft
Frisco · Class B · Built 2013 · 3.5+ stars on Google
11 homes available this week
Get the name and floor plan
1 / 6$254 below similar 2 bedrooms here
2 bed · 1,021 sq ft · $1.44 per sq ft
Frisco · Class B · Built 2016 · 3.5+ stars on Google
20 homes available this week
Up to 8 weeks free off base rent on some homes
$1,470/moGet the name
1 / 8$494 below similar 3 bedrooms here
3 bed · 1,157 sq ft · $1.68 per sq ft
Class A · Built 2022 · 3.5+ stars on Google
4 homes available this week
No special needed
$1,943/moGet the name
Prices are rent only. Monthly fees and the deposit are extra. Ask for your list, and we'll send the names and floor plans.
Nothing here matches all of that this week. Tell us what you want and we'll look for buildings that fit.
Why our prices are lower than what the community quotes
When a community gives free rent, we spread it over the whole lease and show what you pay a month on average. The community quotes the full rent, and many take the free rent off your first months. You pay the same total either way. Our way lets you compare one deal with another. Fees and the deposit are extra.
See all the numbers: prices by size, newer vs. older, week by week
Prices by size
"Middle half" is the range half the places here start in. A price under it beats about 3 in 4 places.
| Size | Typical | Cheapest | Middle half | Per sq ft | Since November 1 | Places open |
|---|---|---|---|---|---|---|
| Studio | n/a | $1,067 | n/a | n/a | n/a | 1 |
| 1 bed | $1,269 | $1,115 | $1,159 to $1,426 | $1.76 | up $70 | 7 |
| 2 bed | $1,648 | $1,470 | $1,613 to $1,932 | $1.53 | no change | 7 |
| 3 bed | $2,190 | $1,805 | $1,886 to $2,631 | $1.54 | down $12 | 6 |
| 4 bed | n/a | $2,694 | n/a | n/a | n/a | 2 |
Newer vs. older buildings
Newer means built or redone since 2015. Middle means mostly 1995 to 2014. Older means built before 1995. Prices are for a 1 bedroom. How we sort them
| Buildings | Typical 1 bed | With a special | Usual weeks free | Per sq ft | Places |
|---|---|---|---|---|---|
| Newer (Class A) | $1,415 | 50% | n/a | $1.85 | 2 |
| Middle (Class B) | $1,162 | 80% | n/a | $1.54 | 5 |
Prices week by week
The typical price from each weekly check since Oct 28. A line heading down means prices here are easing.
Each place's price is its lowest listed available apartment of that size, after any firm free rent and before fees. We leave out income restricted, tax credit, 55+ and student housing. Prices can change any day, so get the final price in writing from the building before you apply.
Areas we cover in and around Little Elm
Lakefront DistrictLittle Elm's Lakefront District sits on Lewisville Lake around Little Elm Park and its public beach.
Restaurants and a few newer buildings with shops on the ground floor line it. Summer weekends bring crowds and boat traffic, and Eldorado Parkway is the way in.
FM-423 CorridorFM-423 is Little Elm's main road north and south, south to The Colony and SH-121 and north toward US-380.
Newer apartment complexes, retail and fast food line it, and the signals back up during rush hour.
Eldorado CorridorEldorado Parkway runs east into Frisco and west over the Lewisville Lake Toll Bridge, the shortcut to I-35E.
Newer subdivisions and a few apartment communities sit along it.
Spiritas RanchSpiritas Ranch is a newer planned community of about 545 acres on Little Elm's north side, off FM-720 near US-380 and Lewisville Lake's shoreline.
It's new houses, with several builders still active.
Paloma CreekPaloma Creek's south half carries Little Elm addresses, and US-380 runs along its north side toward Denton and McKinney.
It's a large planned area of newer houses with pools and trails, and much of it is in Denton ISD's boundaries.
Union ParkUnion Park is a planned community on Little Elm's north side near US-380, with its own clubhouse and parks.
Homes are newer builds, and the shopping along 380 is a few minutes away.
Little Elm Apartments Near the Lakefront District
- We search rental home communities next to the apartments, since they hold a big share of Little Elm's homes
- We give you a heads up on the 8am FM-423 backup near each address before you compare rents
- We ask which power company serves the address, since many Little Elm homes can't shop on Power to Choose
FM-423, Eldorado and the lake bridge
FM-423 is the main road north and south through town, and it jams in the morning. Eldorado Parkway heads east into Frisco and west over the Lewisville Lake Toll Bridge to I-35E. The Dallas North Tollway lies east through Frisco toward Legacy.
There's no rail of any kind, so plan on driving. How close a home is to FM-423 and Eldorado changes your morning more than the miles do.
Garden Communities, Rental Homes and Who Supplies Power
The garden communities along FM-423 and Eldorado Parkway screen by written income and credit rules. Many run specials, so price each one by the month.
Rental home communities are a big part of the market. Large companies run them with a leasing office and written rules, and they tend to approve with an added deposit or a co-signer. Houses leased by owners in the newer subdivisions round it out, and renters have to follow their HOA rules on parking, pets and yards.
An electric cooperative powers many Little Elm streets at a single rate, and some get Oncor. Check the name on a bill for the address before you budget.
Living in Little Elm
Little Elm sits on Lewisville Lake's north and east sides. Summers here revolve around the public beach and the lake trail, and the rest of the year runs on FM 423 and Eldorado Parkway.
- Bridges, tolls and drive times
- The beach and the lake trail
- Groceries close by
- Fourth of July at the lake
- What we tell renters here
Bridges, tolls and drive times
At 8am, Legacy West is about 25 minutes out by our drive times, DFW Airport 43 and Downtown Dallas 54. Eldorado Parkway heads west over the Lewisville Lake Toll Bridge, a paid crossing, toward I-35E. FM 423 leads south to SH-121 in The Colony and north to US-380.
Lewisville Lake Toll Bridge
The shortcut west to I-35E; it saves time on Denton trips, but count the toll in your monthly budget.
- Denton trips
- Skipping traffic
The beach and the lake trail
Little Elm Beach in Little Elm Park is a sandy public swim beach on Lewisville Lake and the town's big summer draw. The Lakefront Trail runs about 4 miles along the shore to McCord Park. It's mostly crushed granite with a few paved stretches, so a gravel or mountain bike handles it better than a road bike. McCord Park adds more than a mile of its own paths.
Little Elm Beach
Swim on a summer weekday morning, when parking is easy; weekends fill fast and parking costs a fee from April to Labor Day.
- Summer swims
- Sunset walks
McCord Park
Start a Lakefront Trail ride here on a cool morning, or walk the park's own paths in the evening.
- Trail rides
- Evening walks
Groceries close by
Kroger has a store on Little Elm Parkway, and a Walmart Supercenter and an ALDI sit near Eldorado Parkway and FM 423. There's a Tom Thumb on FM 423 too. The closest H-E-B sits at FM 423 and US-380, just over the line in Frisco.
Eldorado Parkway
Most weekly runs end up near Eldorado and FM 423; shop on weeknights to dodge beach traffic on summer weekends.
- Weekly groceries
- Quick errands
Fourth of July at the lake
Red, White and Beach, the town's July 4 party at Little Elm Park, runs all day with live music, food vendors and games. It ends with fireworks over Lewisville Lake. Summer weekends bring boats and swimmers to the Lakefront District the whole season.
Little Elm Park
Come early on July 4 for a spot by the water, then stay for the fireworks over the lake.
- Fourth of July
- Lake days
What we tell renters here
From early April through Labor Day weekend, Little Elm Park charges for parking on Fridays, Saturdays and Sundays, and the lots fill early on hot days. Eldorado Parkway near the park backs up with beach and boat traffic on those days, so plan errands around it. The toll bridge saves time to I-35E, but you pay every trip, so add it to your monthly cost.
Little Elm questions
Is there really a public beach in Little Elm?
Yes. Little Elm Beach on Lewisville Lake is billed as the largest public swim beach in North Texas, and the Lakefront District around it adds parks, a marina and restaurants.
How slow is FM-423 on a weekday morning?
Slower than the miles suggest, especially toward Frisco or Lewisville. Drive it from the exact address at your start time.
Is Little Elm on co-op electric?
Much of it is. Those homes pay one set rate and can't shop. Some addresses are on Oncor, so check the provider on a bill for the address.
Which of Little Elm's four school districts is mine?
Little Elm ISD serves most addresses, and parts fall in Frisco, Denton and Aubrey ISD. The lines skip around streets and ZIP codes, so look up the exact address.
Does Little Elm have apartments or mostly rental homes?
Both. Garden communities line FM-423 and Eldorado, rental home communities of houses and townhomes are a big share, and houses leased by owners fill in the rest.
Will a Little Elm rental home company approve a messy file?
Often, if you can add a deposit or bring a co-signer. Their written rules are easier to predict than a private owner's. Our low credit page covers the details.
Is Little Elm cheaper than Frisco?
For the same space, usually, and a three bedroom most of all. The catch is the FM-423 and Tollway drive at rush hour. Right now, Little Elm one bedrooms run near $1,269 and Frisco's near $1,273.
Is there an apartment locator near Little Elm?
Yes. Rental homes are a big part of Little Elm, so we call the rental home companies along with the FM-423 and Eldorado apartment communities. We ask which power company serves each address.
Near Little Elm
The Colony sits south along the lake, Frisco lies east on Eldorado, and the toll bridge crosses the lake west to Lake Dallas and I-35E.
Looking in Little Elm?
Tell us how much space you need and where you drive each morning, and we'll send Little Elm homes and apartments that fit.
newer rentals by the lake · how specials really price · co-op power and true cost
Free to renters · No credit pull · Brokered by Spirit Real Estate Group, TREC #562021