Average Rent in 75040, Garland, TX

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Current Versus Historical 75040, Garland, TX Rents

75040 rentals average $509 for a 1-bedroom rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $2,138, or roughly $16 per square feet.

For the apartment units and housing in August 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $1,824 (-62.40%) year-over-year from $2,923 to $1,099. 1-bedroom rentals prices have decreased by $1,414 (-73.52%) year-over-year from $1,923 to $509. 2-bedroom rentals prices have decreased by $591 (-26.51%) year-over-year from $2,228 to $1,638. 3-bedroom rentals prices have decreased by $4 (-0.19%) year-over-year from $2,099 to $2,095. 4-bedroom rentals prices have increased by $150 (6.39%) year-over-year from $2,350 to $2,500. 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 down by 0.00% this month. 1-bedroom rents have gone down by 34.85% this month. 2-bedroom rents have gone down by 5.23% this month. 3-bedroom rents have gone up by 0.64% this month. 4-bedroom rents have gone down by 5.66% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$17.55	$509	$1,923 (-73.52%)	$1,074 (-52.60%)
2 BR	$17.02	$1,638	$2,228 (-26.51%)	$1,791 (-8.56%)
3 BR	$16.54	$2,095	$2,099 (-0.19%)	$2,062 (1.58%)
4+ BR	$14.35	$2,500	$2,350 (6.39%)	$2,603 (-3.94%)

Historical Rents in 75040, Garland, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 75040

There are a total of 21 cities nearby 75040. The average rent in 75040 is currently $2,375 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Dallas, TX, with an average rent of $1,994, is the most affordable city nearby. In contrast, the most expensive city near 75040, Garland, TX is University Park, TX. Monthly rents here are on average $5,250 per month.

Let's compare 75040, Garland, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 138.21% more affordable. Two bedrooms in 75040, Garland, TX are about 14.50% more affordable. Finally, rent for three bedrooms are about 11.58% more affordable. Want more information? Check out the top 10 cities out of 21 total cities near 75040, Garland, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Dallas, TX	$1,386	$1,365	$1,997	$1,994
Garland, TX	N/A	$1,012	$1,700	$2,100
Mesquite, TX	N/A	$936	$1,595	$2,100
Wylie, TX	N/A	$1,213	$1,650	$2,300
Rockwall, TX	N/A	$1,350	$1,900	$2,350
Richardson, TX	N/A	$1,085	$1,675	$2,398
Rowlett, TX	N/A	N/A	$1,625	$2,500
Allen, TX	N/A	$1,144	$1,900	$2,695
Plano, TX	N/A	$1,225	$2,207	$2,735
University Park, TX	N/A	$1,650	$3,200	$5,250

Top Neighborhoods Near 75040

There are a total of 10 neighborhoods in or near 75040. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Vickery. We've included all of these top 10 neighborhoods in or near 75040, Garland, TX in the following table.

The average rent for these 10 neighborhoods in or near 75040, Garland, TX is currently around $1,834 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,834. Interestingly, the neighborhoods' average rent is less than 75040's average rent, which is actually $2,138. Out of all the neighborhoods in or near 75040, Old East Dallas has the most affordable average rent at $1,195 per month. Whereas, at $2,895 average rent per month, Oak Lawn is the most expensive neighborhood in or near 75040. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Old East Dallas, Dallas, TX	$1,037	$1,150	$1,395	$1,195
Lake Highlands, Dallas, TX	$1,050	$1,015	$1,460	$1,405
Vickery, Dallas, TX	$1,655	$1,250	$1,700	$1,451
Fort Worth Avenue, Dallas, TX	$1,343	$1,383	$2,026	$1,543
Hillcrest Forest, Dallas, TX	$1,235	$1,420	$1,750	$1,668
Cedar Crest, Dallas, TX	$1,125	$910	$1,550	$2,000
Downtown Dallas, Dallas, TX	$1,596	$1,795	$2,295	$2,009
North Oaklawn, Dallas, TX	$998	$1,400	$2,605	$2,059
Roseland, Dallas, TX	$1,405	$2,030	$3,200	$2,500
Oak Lawn, Dallas, TX	$1,616	$2,098	$3,200	$2,895

Top Counties Near 75040

There are a total of 12 counties located by 75040, Garland, TX. Some of these counties include Princeton, TX, Northeast Dallas, Dallas, TX, and Nevada, TX. The average rent for rentals in these counties is $2,373. That's roughly around $15 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Princeton, TX. Its average rent per month is $2,000. Vice versa, with an average rent of $3,000, The Colony, TX is the most expensive county by 75040, Garland, TX.

In comparison, rent for one bedroom listings in 75040, Garland, TX is 160.31% more affordable than other counties nearby. Finally, rent for two bedrooms in 75040, Garland, TX is 21.95% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Princeton, TX	N/A	$750	$1,500	$2,000
Northeast Dallas, Dallas, TX	$1,400	$1,375	$2,000	$2,100
Nevada, TX	N/A	N/A	$2,000	$2,200
South Rockwall, TX	N/A	$1,350	$1,895	$2,300
Northeast Rockwall, TX	N/A	$1,840	$2,345	$2,345
Forney, TX	N/A	$1,300	$1,900	$2,400
McKinney, TX	$1,310	$1,615	$2,195	$2,590
Carrollton, Lewisville, TX	$1,757	$1,380	$1,994	$2,593
Northwest Rockwall, Rockwall, TX	N/A	$1,073	$1,950	$2,600
Plano, TX	$1,325	$1,225	$2,035	$2,650

Top Zipcodes Near 75040

There are a total of 46 zipcodes in or near 75040, Garland, TX. The average rent for all of these zipcodes is $2,350. A total of 18 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75061, Irving, TX at $1,201 per month. In comparison, the zipcode with the most expensive average rent of $4,500 per month is 75205, Highland Park, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 75040, Garland, TX is $1,350 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,933 per month. Which comes out to $20 per sqft. The following table includes the top 10 zipcodes in 75040, Garland, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75219, Dallas, TX	$1,495	$1,450	$2,500	$2,300
75206, Dallas, TX	$1,628	$1,350	$2,300	$1,995
75204, Dallas, TX	$1,473	$1,815	$3,060	$2,800
75034, Frisco, TX	$1,310	$1,525	$2,155	$3,000
75243, Dallas, TX	$1,210	$983	$1,400	$1,298
75070, McKinney, TX	N/A	$1,999	$2,300	$2,500
75002, Lucas, TX	N/A	$1,350	$1,838	$2,495
75214, Dallas, TX	$975	$1,199	$1,850	$1,735
75035, Frisco, TX	N/A	$1,405	$2,313	$2,899
75098, Wylie, TX	N/A	$1,150	$1,650	$2,400

Frequently Asked Questions - 75040 Average Rents

What is the average rent price in 75040, Garland, TX?

The average monthly rental price for 75040, Garland, TX apartments for rent is approximately $2,138. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 75040, Garland, 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 75040, Garland, TX.

How much is a one bedroom apartment in 75040, Garland, TX?

The average monthly rental price for one bedroom apartments is $509 and an average price per square feet of $17.55. There are a total of 3 one bedroom apartment listings currently available for rent in 75040.

How much is a two bedroom apartment in 75040, Garland, TX?

The average monthly rental price for two bedroom apartments is $1,638 and an average price per square feet of $17.02. There are a total of 4 two bedroom apartment listings currently available for rent in 75040.

How have rent prices in 75040, Garland, TX changed this year?

Rent prices for rentals in 75040, Garland, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.62%, one bedroom rental prices have changed by -0.74%, two bedroom rental prices have changed by -0.27%, three bedroom rental prices have changed by 0.00% year-over-year.

What is a reasonable rent price in 75040, Garland, TX?

A reasonable rent price in 75040, Garland, TX is around $1,710/month. You can search for these reasonably priced rental listings on RentHop.