Average Rent in 75040, Garland, TX

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Current Versus Historical 75040, Garland, TX Rents

75040 rentals average $1,269 for a studio rental to $2,450 for a 4-bedroom rental. The median price of all currently available listings is $2,023, or roughly $17 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $1,247 (-49.13%) year-over-year from $2,538 to $1,291. 1-bedroom rentals prices have decreased by $824 (-42.95%) year-over-year from $1,919 to $1,095. 2-bedroom rentals prices have decreased by $701 (-28.62%) year-over-year from $2,448 to $1,748. 3-bedroom rentals prices have increased by $75 (3.54%) year-over-year from $2,125 to $2,200. 4-bedroom rentals prices have increased by $223 (10.31%) year-over-year from $2,167 to $2,390. 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 2.67% this month. 1-bedroom rents have gone down by 6.70% this month. 2-bedroom rents have gone up by 1.92% this month. 3-bedroom rents have gone up by 3.33% this month. 4-bedroom rents have gone down by 1.98% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$25.38	$1,291	$2,538 (-49.13%)	$1,789 (-27.82%)
1 BR	$21.88	$1,095	$1,919 (-42.95%)	$1,003 (9.23%)
2 BR	$19.40	$1,748	$2,448 (-28.62%)	$1,682 (3.91%)
3 BR	$16.23	$2,200	$2,125 (3.54%)	$1,893 (16.20%)
4+ BR	$14.85	$2,390	$2,167 (10.31%)	$2,363 (1.16%)

Historical Rents in 75040, Garland, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 75040

There are a total of 24 cities nearby 75040. The average rent in 75040 is currently $2,359 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,730, 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 $6,900 per month.

Let's compare 75040, Garland, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 11.58% more expensive. Two bedrooms in 75040, Garland, TX are about 0.47% more expensive. Finally, rent for three bedrooms are about 9.59% more affordable. Want more information? Check out the top 10 cities out of 24 total cities near 75040, Garland, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Addison, TX	$1,057	$1,400	$1,800	$1,730
Garland, TX	$1,269	$1,235	$1,750	$2,050
Mesquite, TX	N/A	$890	$1,495	$2,145
Wylie, TX	N/A	$1,225	$2,550	$2,395
Rowlett, TX	N/A	$1,295	$1,999	$2,400
Rockwall, TX	N/A	$1,450	$1,850	$2,400
Richardson, TX	N/A	$1,148	$1,895	$2,500
Allen, TX	N/A	$1,220	$1,707	$2,595
Plano, TX	N/A	$1,225	$2,228	$2,695
University Park, TX	N/A	$2,075	$3,200	$6,900

Top Neighborhoods Near 75040

There are a total of 13 neighborhoods in or near 75040. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Vickery. We've included all of these top 13 neighborhoods in or near 75040, Garland, TX in the following table.

The average rent for these 13 neighborhoods in or near 75040, Garland, TX is currently around $1,895 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $1,895. Interestingly, the neighborhoods' average rent is less than 75040's average rent, which is actually $2,023. Out of all the neighborhoods in or near 75040, Old East Dallas has the most affordable average rent at $1,212 per month. Whereas, at $3,000 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	$1,132	$1,175	$1,473	$1,212
Lake Highlands, Dallas, TX	$1,050	$1,000	$1,432	$1,403
Vickery, Dallas, TX	$1,655	$1,250	$1,603	$1,503
Hillcrest Forest, Dallas, TX	$1,145	$1,401	$1,750	$1,711
Fort Worth Avenue, Dallas, TX	$1,343	$1,410	$1,942	$1,720
Lovefield West, Dallas, TX	$1,399	$1,599	$2,500	$1,720
Cedar Crest, Dallas, TX	N/A	$1,050	$1,493	$1,895
Lower Greenville, Dallas, TX	N/A	$1,495	$2,000	$2,000
Downtown Dallas, Dallas, TX	$1,403	$1,915	$2,918	$2,328
North Oaklawn, Dallas, TX	$1,248	$1,593	$2,525	$2,343
Stonebridge Ranch, McKinney, TX	N/A	N/A	N/A	$2,700
Roseland, Dallas, TX	$1,405	$1,958	$3,200	$2,863
Oak Lawn, Dallas, TX	$1,740	$2,200	$3,400	$3,000

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 $2,425. That's roughly around $15 per sqft. The county that is the most affordable is Princeton, TX. Its average rent per month is $2,040. 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 0.94% more expensive than other counties nearby. Finally, rent for two bedrooms in 75040, Garland, TX is 6.24% 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	$1,300	$1,612	$2,040
Northeast Dallas, Dallas, TX	$1,400	$1,450	$2,099	$2,150
Nevada, TX	N/A	N/A	$1,200	$2,200
Northeast Rockwall, TX	N/A	$1,840	$2,123	$2,350
Forney, TX	N/A	$1,250	$1,650	$2,350
South Rockwall, TX	N/A	$1,550	$1,850	$2,500
McKinney, TX	N/A	$1,775	$2,090	$2,575
Northwest Rockwall, Rockwall, TX	N/A	$1,195	$1,950	$2,595
Plano, TX	$1,418	$1,225	$1,990	$2,600
Carrollton, Lewisville, TX	$1,707	$1,413	$1,981	$2,645

Top Zipcodes Near 75040

There are a total of 48 zipcodes in or near 75040, Garland, TX. The average rent for all of these zipcodes is $2,380. A total of 17 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 $4,103 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 $1,370 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,950 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	$1,448	$1,613	$2,600	$2,454
75206, Dallas, TX	$1,675	$1,432	$2,350	$2,048
75204, Dallas, TX	$1,473	$1,886	$3,151	$2,785
75034, Frisco, TX	N/A	$1,590	$2,180	$3,000
75243, Dallas, TX	$1,210	$969	$1,400	$1,300
75070, McKinney, TX	N/A	$1,855	$2,395	$2,500
75002, Lucas, TX	N/A	$1,188	$1,675	$2,365
75214, Dallas, TX	$1,000	$1,213	$1,950	$1,850
75035, Frisco, TX	N/A	$1,525	$2,200	$2,800
75098, Wylie, TX	N/A	$1,175	$1,463	$2,450

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 $2,023. 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 studio apartment in 75040, Garland, TX?

The average monthly rental price for studio apartments is $1,269 and an average price per square feet of $25.38. There are a total of 3 studio apartment listings currently available for rent in 75040.

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

The average monthly rental price for one bedroom apartments is $1,386 and an average price per square feet of $21.88. There are a total of 18 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 $1,850 and an average price per square feet of $19.40. There are a total of 21 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 -0.49%, one bedroom rental prices have changed by -0.43%, two bedroom rental prices have changed by -0.29%, three bedroom rental prices have changed by 0.04% year-over-year.

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

A reasonable rent price in 75040, Garland, TX is around $1,618/month. You can search for these reasonably priced rental listings on RentHop.