SECOND CHANCE LEASING SMU | 3 BEDROOM APARTMENTS FOR ROOMMATES FROM $2,400+ | PERFECT FOR STUDENTS, GRAD STUDENTS & YOUNG PROFESSIONALS
Prices are subject to change without notice. Prices reflect today’s date: June 3, 2026.
Looking for a 3-bedroom apartment near SMU and need Second Chance Leasing assistance?
Whether you're a group of Southern Methodist University students, graduate students, young professionals, nurses, teachers, or friends relocating to Dallas together, renting a 3-bedroom apartment can be one of the most affordable ways to live near one of Dallas' most desirable neighborhoods.
Many renters assume bad credit, collections, rental debt, a broken lease, or a previous eviction automatically disqualifies them. The reality is that approval standards vary from property to property, and some apartment communities may be more flexible depending on your overall application.
As a Dallas apartment locator specializing in Second Chance Leasing, I help roommate groups identify realistic apartment options before application fees and tours are wasted.
Quick Snapshot
Area
SMU / University Park / Park Cities / Greenville Avenue
Typical 3 Bedroom Pricing
Starting around $2,400+ monthly
Approximate Roommate Cost
- 3 Roommates: Approximately $800+ each
- Utilities Shared Separately
Popular Amenities
- Resort-Style Pools
- Fitness Centers
- Study Lounges
- Clubhouses
- Package Lockers
- Covered Parking
- Controlled Access
- Business Centers
- Dog Parks
- Private Bedroom Layouts
- Large Open Floor Plans
- Modern Finishes
Policies & Amenities
Many apartment communities near SMU offer:
- 3 Bedroom Floor Plans
- Roommate-Friendly Layouts
- Pet-Friendly Policies
- Online Resident Portals
- Fitness Facilities
- Swimming Pools
- Community Workspaces
- Package Receiving Services
- Outdoor Gathering Areas
- Smart Home Features
Some communities may review applicants with:
- Bad Credit
- Broken Leases
- Rental Debt
- Collections
- Bankruptcy
- Medical Collections
- Limited Credit History
- Student Income
- Co-Signers
- Guarantors
Approval requirements vary by property.
LIVE • WORK • PLAY
Live
The SMU area is one of the most sought-after locations in Dallas. Roommate groups often choose 3-bedroom apartments because they allow renters to enjoy a premium area while significantly lowering individual housing costs.
Benefits of roommate living near SMU include:
- Lower monthly expenses
- Shared utility costs
- Larger apartments
- Private bedrooms
- Multiple bathrooms
- Better value than separate units
The area attracts students, graduate students, healthcare workers, finance professionals, tech workers, and young professionals.
Work
Major employers nearby include:
- Southern Methodist University
- Baylor Scott & White Medical Center
- Children's Health
- Texas Health Resources
The location also provides easy access to:
- Downtown Dallas
- Uptown Dallas
- Knox-Henderson
- Lower Greenville
- Park Cities
- Las Colinas
- Richardson
- Plano
Play
Residents enjoy some of Dallas' most popular attractions:
- Southern Methodist University sporting events
- Mockingbird Station
- Lower Greenville
- Katy Trail
- White Rock Lake
- NorthPark Center
The area offers restaurants, nightlife, coffee shops, shopping, outdoor recreation, and easy access to everything Dallas has to offer.
Brief History
Founded in 1911, Southern Methodist University has become one of Texas' most respected private universities. The surrounding University Park and Park Cities neighborhoods are known for their strong schools, beautiful homes, walkability, and central Dallas location.
As Dallas has continued to grow, the demand for housing near SMU has remained strong. Many students and young professionals choose roommate-friendly 3-bedroom apartments to enjoy the location while keeping individual housing expenses manageable.
Today, the SMU area remains one of the most desirable places to live for students, graduate students, healthcare professionals, and young professionals throughout Dallas.
How I Can Help
My apartment locating service is completely FREE.
Apartment communities pay my brokerage if you move into one of the properties I refer, so there is no cost to you.
I specialize in helping renters with:
- Bad Credit
- Broken Leases
- Evictions
- Rental Debt
- Collections
- Bankruptcy
- Student Rental Challenges
- Co-Signer Questions
- Relocation Needs
✅ I call properties in advance to pre-approve you so tours aren't wasted.
✅ I help roommate groups identify communities that fit everyone's situation.
✅ I help narrow down realistic options before application fees are spent.
✅ I know which communities may be more flexible based on your specific circumstances.
Contact & Apply
Bryan Williams — Spirit Real Estate Group
📱 Call/Text: (972) 748-3705
📧 Email: bryanw85@gmail.com
🌐 Website: www.secondchanceleasingdallas.com
📍 Serving Dallas, Fort Worth & Surrounding Areas
🕒 Available 7 Days a Week
✅ Be sure to write in Bryan Williams at Spirit Real Estate Group on all guest cards and applications so my free locating service works for you.
Area-Related FAQs
Are there roommate-friendly apartments near SMU?
Yes. Many apartment communities near SMU offer larger floor plans designed for roommate living and student housing.
Can students with bad credit qualify near SMU?
Possibly. Many communities review income, co-signers, rental history, student status, and overall application strength in addition to credit scores.
Why are 3-bedroom apartments popular near SMU?
Because they allow students and young professionals to live in a premium Dallas location while lowering individual housing expenses.
Is the SMU area good for young professionals?
Absolutely. The area provides quick access to Downtown Dallas, Uptown, major employers, entertainment districts, and some of the city's most desirable neighborhoods.
Is the SMU area walkable?
Yes. Residents enjoy access to restaurants, shopping, parks, trails, entertainment, and campus amenities without needing to drive long distances.
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