Average Rent in Dallas, TX

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Current Versus Historical Dallas, TX Rents

Dallas rentals average $1,750 for a studio rental to $4,298 for a 4-bedroom rental. The median price of all currently available listings is $2,300, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $313 (21.68%) year-over-year from $1,444 to $1,757. 1-bedroom rentals prices have increased by $416 (27.24%) year-over-year from $1,528 to $1,944. 2-bedroom rentals prices have increased by $647 (30.02%) year-over-year from $2,154 to $2,800. 3-bedroom rentals prices have increased by $268 (9.46%) year-over-year from $2,832 to $3,100. 4-bedroom rentals prices have increased by $706 (20.97%) year-over-year from $3,367 to $4,073. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 8.41% this month. 1-bedroom rents have gone up by 10.55% this month. 2-bedroom rents have gone up by 8.95% this month. 3-bedroom rents have gone up by 3.63% this month. 4-bedroom rents have gone up by 12.89% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.10 $1,757 $1,444 (21.68%) $1,452 (21.05%)
1 BR $2.04 $1,944 $1,528 (27.24%) $1,544 (25.91%)
2 BR $1.90 $2,800 $2,154 (30.02%) $2,210 (26.72%)
3 BR $1.74 $3,100 $2,832 (9.46%) $2,665 (16.31%)
4+ BR $1.72 $4,073 $3,367 (20.97%) $3,099 (31.41%)

Historical Rents in Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Dallas

There are a total of 33 cities nearby Dallas. The average rent in Dallas is currently $2,425 per month. A total of 13 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,533, is the most affordable city nearby. In contrast, the most expensive city near Dallas, TX is University Park, TX. Monthly rents here are on average $5,500 per month.

Let's compare Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Dallas, TX is 11.43% more expensive than other cities nearby. One bedrooms are about 28.75% more expensive. Two bedrooms in Dallas, TX are about 23.90% more expensive. Finally, rent for three bedrooms are about 21.67% more expensive. Want more information? Check out the top 10 cities out of 33 total cities near Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,112 $1,493 $2,110 $1,533
Farmers Branch, TX $2,375 $1,499 $2,099 $1,657
Mesquite, TX $475 N/A $1,750 $2,095
Garland, TX $2,850 $1,200 $1,500 $2,150
Rowlett, TX $21 N/A $1,963 $2,400
Richardson, TX $2,970 $1,486 $2,153 $2,425
Lancaster, TX N/A N/A $1,598 $2,450
Carrollton, TX $2,338 $1,600 $2,200 $2,600
Irving, TX $2,350 $1,900 $2,100 $2,800
University Park, TX N/A $1,850 $2,950 $5,500

Top Neighborhoods Near Dallas

There are a total of 3 neighborhoods in or near Dallas. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Oak Lawn. We've included all of these top 3 neighborhoods in or near Dallas, TX in the following chart.

The average rent for these 3 neighborhoods in or near Dallas, TX is currently around $1,500 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Dallas, Old East Dallas has the most affordable average rent at $1,275 per month. Whereas, at $3,200 average rent per month, Oak Lawn is the most expensive neighborhood in or near Dallas. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $1,145 $1,200 $1,650 $1,275
Lake Highlands, Dallas, TX $615 $1,043 $1,500 $1,500
Oak Lawn, Dallas, TX $2,340 $1,949 $4,700 $3,200

Top Counties Near Dallas

There are a total of 3 counties located by Dallas, TX. Some of these counties include Northeast Dallas, Dallas, TX, Arlington, TX, and Southwest Dallas, TX. The average rent for rentals in these counties is $2,395. That's roughly around $1 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Greenville, TX. It's average rent per month is $1,700. Vice versa, with an average rent of $3,000, The Colony, TX is the most expensive county by Dallas, TX.

Typically, rent for studios in Dallas, TX is 14.29% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Dallas, TX is 3.57% more expensive than other counties nearby. Finally, rent for two bedrooms in Dallas, TX is 15.20% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Northeast Dallas, Dallas, TX $1,500 $1,447 $2,186 $2,195
Arlington, TX $1,600 $1,295 $1,598 $2,210
Southwest Dallas, TX $2,000 $1,490 $1,983 $2,350
Northeast Rockwall, TX $23 $1,393 $1,843 $2,350
Northeast Tarrant, TX $2,264 $1,215 $1,555 $2,395
Forney, TX $23 N/A N/A $2,450
Plano, TX $1,400 $1,393 $2,150 $2,600
Lewisville-Flower Mound, TX $1,629 $1,714 $1,950 $2,600
Carrollton, Lewisville, TX $2,600 $1,718 $2,348 $2,795
The Colony, TX $2,900 N/A $3,100 $3,000

Top Zipcodes Near Dallas

There are a total of 47 zipcodes in or near Dallas, TX. The average rent for all of these zipcodes is $2,458. A total of 16 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75243, Dallas, TX at $1,350 per month. In comparison, the zipcode with the most expensive average rent of $4,950 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,425. That's at least $0 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,995 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75001, Addison, TX $1,112 $1,493 $2,110 $1,532
75034, Frisco, TX $1,725 $1,364 $2,103 $2,650
76179, Fort Worth, TX $1,306 N/A $1,850 $2,250
75071, Anna, TX $504 $1,833 $2,400 $2,600
75070, McKinney, TX $2,625 $1,660 $2,425 $2,613
75068, Pilot Point-Aubrey, TX $2,695 N/A N/A $2,500
76227, Pilot Point-Aubrey, TX $2,450 N/A $2,100 $2,450
75219, Dallas, TX $545 $1,298 $2,200 $1,998
75204, Dallas, TX $1,590 $1,702 $3,400 $2,984
75035, Frisco, TX $3,650 N/A $2,525 $3,075

Frequently Asked Questions - Dallas Average Rents

What is the average rent price in Dallas, TX?
The average monthly rental price for Dallas, TX apartments for rent is approximately $2,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Dallas, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Dallas, TX.
How much is a studio apartment in Dallas, TX?
The average monthly rental price for studio apartments is $1,750 and an average price per square feet of $2.10. There are a total of 135 studio apartment listings currently available for rent in Dallas.
How much is a one bedroom apartment in Dallas, TX?
The average monthly rental price for one bedroom apartments is $1,400 and an average price per square feet of $2.04. There are a total of 359 one bedroom apartment listings currently available for rent in Dallas.
How much is a two bedroom apartment in Dallas, TX?
The average monthly rental price for two bedroom apartments is $2,300 and an average price per square feet of $1.90. There are a total of 496 two bedroom apartment listings currently available for rent in Dallas.
How have rent prices in Dallas, TX changed this year?
Rent prices for rentals in Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.22%, one bedroom rental prices have changed by 0.27%, two bedroom rental prices have changed by 0.30%, and three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in Dallas, TX?
A reasonable rent price in Dallas, TX is around $1,840/month. You can search for these reasonably priced rental listings on RentHop.
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