6504 Falcon River Way, Arlington, TX 76001
South Arlington
Renters Insurance at Falcon Lakes Apartments
We found a few insurance details on Falcon Lakes Apartments's website. Your lease may have additional requirements — treat these as a starting point.
Lease Requirements
* An "interested party" is the property management company listed on your insurance policy. It doesn't give them any claim rights — it just means they get notified if your policy lapses, which is how the leasing office verifies you stay insured.
One thing to watch for: when you purchase your policy, most carriers have a field where you add the property as an interested party — skip that step and your proof may get rejected. It takes 30 seconds during checkout. Start a quote to see which carriers handle this automatically.
What Affects Your Premium Here
Every building is different. These factors specific to Falcon Lakes Apartments can push your insurance cost up or down:
Gated Community
Gated access reduces theft risk — may qualify for security discount
Controlled Access
Electronic/key fob entry — reduces unauthorized entry risk
Dog-Friendly
Dogs allowed — consider higher liability coverage
Theft Reports
2 mentions in Google reviews
Pest Issues
4 mentions in Google reviews
Vehicle Crime
1 mentions of car theft, vandalism, or break-ins in reviews
Security System Issues
1 mentions of broken gates, cameras, or locks in reviews
FEMA Flood Zone
Zone X — minimal flood risk
FBI UCR
Property crime rate: 2057/100K (30% above national average)
What You'll Likely Pay
$14
Est. Monthly
$168
Est. Annual
$13
With Discounts/mo
$14
State Avg/mo
How Much Coverage Makes Sense
Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for Falcon Lakes Apartments based on the rent level and building features.
Personal Property
What your stuff is worth
If you own less
$15,000
If you own more
$40,000
Liability
Covers accidental harm & lawsuits
Dog-friendly community — higher liability recommended for pet-related incidents
How Carriers Compare for This Area
Not all carriers price the same zip code equally. Here's how the major options stack up near Falcon Lakes Apartments:
| Carrier | Monthly | Annual |
|---|---|---|
| Lemonade | $8/mo | $96/yr |
| USAA | $9/mo | $108/yr |
| State Farm | $12/mo | $144/yr |
| Progressive | $13/mo | $156/yr |
| Safeco | $13/mo | $156/yr |
| Travelers | $14/mo | $168/yr |
| Allstate | $15/mo | $180/yr |
| Nationwide | $15/mo | $180/yr |
| Farmers | $16/mo | $192/yr |
| Liberty Mutual | $18/mo | $216/yr |
Discounts You May Qualify For
Next Step
See if you can beat $13/mo
6 discounts may apply here. Real quotes show your actual price — estimates can't.
Property Crime & Theft Risk
Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Arlington.
Arlington property crime rate
per 100K residents
U.S. avg is 1,578 per 100K
Breakdown per 100K residents
U.S. average
Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area. Falcon Lakes Apartments also has on-site security features (Package service, Controlled access, Property manager on site, Gated, Gated access, On site maintenance) that insurers recognize with discounts.
Source: FBI UCR Program, Arlington (2024-12 to 2025-11)
What Residents Are Saying
Based on Google reviews, here are the issues residents mention most often — and the ones that matter when choosing your coverage. Longer bars indicate more frequent discussion.
On-Site Security
Flood Risk
Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for Falcon Lakes Apartments.
FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk
Flood insurance optional but inexpensive in this zone.
Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.
Fees Beyond Rent
These are the additional charges beyond base rent at Falcon Lakes Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.
Required Fees
Pest Control
Charged per unit.
Stormwater Utility Admin
Charged per unit.
Water Utility Base
Charged per unit.
Sewer Utility Base
Charged per unit.
Stormwater Utility
Charged per unit. Payable to 3rd Party
Electric Utility
Charged per unit. Payable to 3rd Party
Water Utility
Charged per unit. Payable to 3rd Party
Community Trash
Charged per unit.
Administrative Fee
Charged per unit.
Application Fee
Charged per applicant.
Security Deposit
Charged per unit.
Pets Fees
Pet Fee
| Restrictions: None
Pet Rent
Max of 2. Charged per pet.
Parking Fees
Parking Fee
Max of 1. Charged per vehicle.
Parking Fee
Max of 1. Charged per vehicle.
Amenities
Special Features
Community Features
Floor Plan Amenities
Pet Policy
Bringing a pet? Here's what Falcon Lakes Apartments allows — and keep in mind, if you have a dog, most insurance advisors recommend bumping your liability coverage to at least $300,000. Standard renters policies cover pet-related incidents, but the default $100,000 limit may not be enough if something happens.
About Falcon Lakes Apartments
From the property listing:
Discover a lifestyle of elevated comfort at Falcon Lakes Apartments, where gated serenity meets modern design in the heart of South Arlington. Choose from spacious one- to three-bedroom floor plans outfitted with built-in bookshelves, stainless steel appliances, and walk-in closets that blend function with elegance.Enjoy moments of wellness and connection at our resort-style pool, 24-hour fitness studio, and clubhouse lounge.
Other Options Nearby
Still weighing your choices? Other communities in Arlington — compare rent and estimated insurance cost side by side.
Addison Park Apartments
South Arlington
Riverside Apartments
South Arlington
Southpoint Villas Apartments
South Arlington
Sterling Crest Apartments
South Arlington
The Trails Apartments
South Arlington
101 Center Apartments
Downtown Arlington
Frequently Asked Questions
Does Falcon Lakes Apartments require renters insurance?
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Disclaimer
The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.
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