Two Ways to Pay Less for a Real Tower
We constantly hear from professionals, business owners, and downsizing homeowners who want city views but refuse to overpay for new construction. Many renters start their search typing in cheap high rise apartments downtown Dallas lofts. Our team has tracked these local markets for years.
Most realistic options for high-rise living under $1,600 fall into two distinct groups. You will generally choose between historic conversion lofts in Downtown and older towers from the 1950s through the 1970s. We regularly feature both property types in our affordable high rise apartments search.
These buildings share a similar price tag due to their age. They provide completely different daily living experiences, however.
Our guide will break down the data behind these two categories and outline the specific questions you must ask before signing a lease.

The Historic Conversions
These former office and commercial buildings were converted into apartments, mostly located within Downtown’s Main Street District. If you are searching for downtown Dallas lofts for rent, these properties offer incredible value.
| Building | Built / converted | Floors | Rent range | Rating | Special |
|---|---|---|---|---|---|
| The Kirby | 1913 / 2017 | 17 | $1,143-$3,662 | 3.3★ | 1 mo free |
| Lone Star Gas Lofts Phase II | 1931 | 12 | $1,329-$4,534 | 3.7★ | 1 mo free |
| Lone Star Gas Lofts | 1931 / 2014 | 12 | $1,425-$4,000 | 3.8★ | Look-and-lease |
| 1900 Pacific Residences | 1952 / 2017 | 17 | $1,449-$2,450 | 4.2★ | |
| Dallas Power & Light Lofts | 1931 / 2005 | 14 | $1,585-$4,650 | 4.2★ | |
| Mosaic Dallas | 1952 / 2007 | 31 | $1,594-$5,680 | 3.3★ | 2 mo free + $500 L&L |
We love the unique character these historic structures bring to the rental market. You get tall ceilings, oversized original windows, intricate architectural details, and a prime Downtown location on the DART rail hub. The Kirby, originally built in 1913, boasts a Walk Score of 96 and operates as a true walker’s paradise. Our favorite feature at the Lone Star Gas Lofts is the beautifully preserved 1932 Art Deco lobby.
Renters do have to give up a few modern conveniences in these buildings. You will rarely find sprawling amenity decks or massive modern fitness centers, and on-site parking can be limited. We often remind clients that floor plans in these conversions can be irregular because they follow the old building’s unique footprint.
The Older Towers
Purpose-built residential towers from the mid-century and 1970s offer a different set of advantages. These properties provide a more traditional apartment layout compared to commercial conversions.
| Building | Built / renovated | Floors | Rent range | Rating | Special |
|---|---|---|---|---|---|
| Skyline at Kessler | 1964 / 2022 | 11 | $909-$1,749 | 3.9★ | 2 mo free |
| Manor House | 1965 / 2007 | 25 | $1,230-$2,150 | 3.5★ | 2 mo free |
| One Dallas Center | 1978 | 30 | $1,526-$3,020 | 3.9★ |
We often recommend these buildings for clients who prioritize sweeping skyline views at entry-level rents. You get real height and larger floor plates than most modern constructions. Skyline at Kessler, located at 2511 Wedglea Drive, provides a much quieter residential setting tucked into Kessler Park. Our recent property checks revealed that Skyline at Kessler is undergoing massive 2026 renovations, which includes a nature-filled pool area with relaxing waterfalls.
Another standout is Manor House at 1222 Commerce Street. This 25-story concrete high-rise features a highly coveted private patio in every single unit. We must point out that you will give up some modern perks in these towers. Expect older HVAC systems and fewer amenities than new towers unless the building was very recently renovated.
Advisor note
Ask what was included in a building’s renovation and when. “Renovated” can mean new kitchens in every unit or new paint in the lobby.
Character vs. Amenities

| You care most about | Better fit |
|---|---|
| Architecture and ceiling height | Historic conversion |
| A view from a high floor | Older tower (Manor House, One Dallas Center) |
| The absolute lowest rent | Skyline at Kessler |
| Walking to DART and Main Street | Historic conversion |
| A quieter residential street | Skyline at Kessler |
We encourage renters to weigh their daily lifestyle needs against the aesthetic appeal of these buildings. Historic conversions win easily if you care most about architecture, 11-foot to 16-foot vaulted ceilings, and walking to Main Street. Older towers like Manor House and One Dallas Center are the better fit if you want a view from a high floor.
Our team consistently points budget-conscious renters to Skyline at Kessler for the absolute lowest rent. This property also delivers a quieter residential street compared to the busy Downtown core.
Ratings Tell Part of the Story
Most of these buildings carry C-range asset classes because of their sheer age. That absolutely does not mean they are poorly run. We always check local resident feedback to get the real story behind historic apartments Dallas.
Dallas Power & Light Lofts and 1900 Pacific Residences both average 4.2 stars, which actually sits higher than some brand-new A+ towers. The 1900 Pacific Residences building holds only 149 units, and residents frequently praise the tight-knit, vibrant community feel. Our building classes guide explains exactly why a property’s official class and its public rating can disagree.
Management companies also play a huge role in these ratings. Hamilton Properties Corporation manages Dallas Power & Light Lofts, and their dedication to maintaining the original terrazzo floors keeps resident satisfaction high.
What It’s Like to Live in a Conversion
Living in a converted office building is different from a standard apartment in a few key ways. You can expect higher ceilings, unique floor plans, and preserved architectural details. We always prepare our clients for these specific quirks:
- Ceiling heights are often higher than in new towers, sometimes reaching 16 feet.
- Windows can be large and original, which looks beautiful but can be slightly less energy efficient.
- Floor plans follow the old building’s shape, so layouts can be unusual or feature structural concrete columns.
- Hallways and lobbies often keep historic details like terrazzo floors and original brass mailboxes.
- Amenities are usually more modest, perhaps featuring a basic fitness room, a lounge, and sometimes a rooftop deck.
- Parking may be located in an adjacent city garage rather than directly under the building.
Our experience shows that noise can occasionally carry across the original concrete or hardwood floors. You should definitely invest in a few thick area rugs to keep your downstairs neighbors happy.
What It’s Like to Live in an Older Tower
Older residential towers from the 1950s through the 1970s were built specifically as apartments, so the layouts feel much more conventional. You will find real height, larger floor plates, and classic retro functionality. We advise renters to embrace the unique characteristics of mid-century architecture.
Expect to find:
- Real height and unobstructed skyline views from the upper floors
- Larger floor plates and significantly bigger bedrooms for the price
- Older systems like shared HVAC, unless the property was recently renovated
- Fewer amenities than new towers, though some buildings feature updated rooftop pools
Our clients share plenty of practical tips about living in these high-rises. Three elevators for a 25-story building means wait times can be long during the morning rush hour. Shared basement laundry rooms also get crowded quickly. We frequently see smart residents purchase discreet portable washing machines for their units to save time.
Questions to Ask at Older Buildings
We highly recommend asking very specific questions when touring these older properties. Do not settle for vague answers from the leasing staff about renovations or building systems.
- When were the residential units last renovated, and what exactly was included?
- Have the elevators and the main HVAC systems been updated recently?
- How is parking handled, and what is the maximum vehicle clearance for the garage?
- What is the noise like from the street and the surrounding neighbors?
- Do local street closures for marathons or parades affect garage access on weekends?
- What specific leasing concessions are available right now?
Our most successful clients always verify the elevator maintenance schedule before signing a lease. You do not want to be stuck walking up 15 flights of stairs with heavy groceries.
Budget Picks by Priority
| Priority | Strong options |
|---|---|
| Lowest entry rent | Skyline at Kessler ($909), The Continental ($1,049), The Kirby ($1,143) |
| Character and history | The Kirby, Dallas Power & Light Lofts, Lone Star Gas Lofts |
| Height and views for less | Manor House (25 floors), One Dallas Center (30 floors), Mosaic Dallas (31 floors) |
| Best resident ratings among older buildings | Dallas Power & Light Lofts (4.2★), 1900 Pacific Residences (4.2★) |
We track these prices weekly to ensure renters find the best possible value based on their specific goals. The table above outlines the strongest options whether you prioritize the lowest rent, historic character, or high-rise views.
The Kirby remains a top contender for character with starting rents around $1,143. Manor House and Mosaic Dallas deliver incredible height and sweeping views for significantly less than a new build. Our top picks for resident satisfaction are Dallas Power & Light Lofts and 1900 Pacific Residences. Both buildings maintain impressive 4.2-star ratings by combining excellent locations with responsive management teams.
How Concessions Change the Picture
Several of these buildings are currently running specials offering 1 to 2.5 months free on a standard lease. These concessions can dramatically lower your net effective rent and make a more expensive tower highly affordable. On a 12-month lease, two months free at Manor House drops a $1,230 unit to about $1,025 a month in net effective rent. We have seen similar 2026 concessions at Mosaic Dallas, which significantly lowers the barrier to entry for luxury skyline living.
You must always calculate your true monthly cost before falling in love with a view. Check the income needed for a $1,600 rent and use our Move-In Cost Calculator before you submit an application. We are ready to assist you with this process. Just tell the team whether you lean toward historic character or high-rise height, and we will gladly match you to the perfect cheap high rise apartments downtown Dallas lofts.