Average Rent in 75231, Dallas, TX

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Current Versus Historical 75231, Dallas, TX Rents

75231 rentals average $1,080 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,466, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $304 (-21.95%) year-over-year from $1,384 to $1,080. 1-bedroom rentals prices have decreased by $109 (-8.36%) year-over-year from $1,300 to $1,191. 2-bedroom rentals prices have decreased by $88 (-5.14%) year-over-year from $1,702 to $1,615. 3-bedroom rentals prices have increased by $1,015 (36.43%) year-over-year from $2,785 to $3,800. 4-bedroom rentals prices have increased by $175 (3.63%) year-over-year from $4,825 to $5,000. 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 18.59% this month. 1-bedroom rents have gone down by 7.88% this month. 2-bedroom rents have gone down by 9.32% this month. 3-bedroom rents have gone up by 4.99% this month. 4-bedroom rents have gone up by 7.91% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$0.00	$1,080	$1,384 (-21.95%)	$1,682 (-35.79%)
1 BR	$1.97	$1,191	$1,300 (-8.36%)	$1,437 (-17.11%)
2 BR	$1.73	$1,615	$1,702 (-5.14%)	$1,873 (-13.78%)
3 BR	$2.07	$3,800	$2,785 (36.43%)	$2,475 (53.55%)

Historical Rents in 75231, Dallas, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 75231

There are a total of 31 cities nearby 75231. The average rent in 75231 is currently $2,350 per month. Our records show that Addison, TX, with an average rent of $1,536, is the most affordable city nearby. In contrast, the most expensive city near 75231, Dallas, TX is University Park, TX. Monthly rents here are on average $5,000 per month.

Let's compare 75231, Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 75231, Dallas, TX is 40.23% more affordable than other cities nearby. One bedrooms are about 4.58% more affordable. Two bedrooms in 75231, Dallas, TX are about 22.07% more affordable. Finally, rent for three bedrooms are about 37.84% more expensive. Want more information? Check out the top 10 cities out of 31 total cities near 75231, Dallas, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Addison, TX	$1,231	$1,464	$2,229	$1,536
Farmers Branch, TX	N/A	$1,482	$2,102	$1,629
Mesquite, TX	$475	N/A	N/A	$2,055
Garland, TX	$2,700	$1,113	$1,500	$2,125
Richardson, TX	$3,140	$1,499	$2,138	$2,300
Rowlett, TX	$20	N/A	N/A	$2,300
Dallas, TX	$1,850	$1,350	$2,350	$2,350
Carrollton, TX	$2,338	$1,550	$2,100	$2,598
Plano, TX	$2,490	$1,274	$2,200	$2,650
University Park, TX	N/A	$2,025	$3,075	$5,000

Top Neighborhoods Near 75231

There are a total of 4 neighborhoods in or near 75231. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Downtown Fort Worth. We've included all of these top 4 neighborhoods in or near 75231, Dallas, TX in the following chart.

The average rent for these 4 neighborhoods in or near 75231, Dallas, TX is currently around $1,666 per month. A total of one neighborhood has a lower average rent. Meaning, only three neighborhoods have a higher average rent than $1,666. Interestingly, the neighborhoods' average rent is higher than 75231's average rent, which is only $1,466. Out of all the neighborhoods in or near 75231, Old East Dallas has the most affordable average rent at $1,275 per month. Whereas, at $3,052 average rent per month, Oak Lawn is the most expensive neighborhood in or near 75231. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Old East Dallas, Dallas, TX	$1,145	$1,200	$1,647	$1,275
Lake Highlands, Dallas, TX	$1,200	$1,095	$1,485	$1,493
Downtown Fort Worth, Fort Worth, TX	N/A	$1,689	$2,642	$1,839
Oak Lawn, Dallas, TX	$1,650	$2,100	$3,715	$3,052

Top Counties Near 75231

There are a total of 4 counties located by 75231, Dallas, TX. Some of these counties include Princeton, TX, Northeast Dallas, Dallas, TX, and Northeast Rockwall, TX. The average rent for rentals in these counties is $2,370. That's roughly around $1 per sqft. The county that is the most affordable is Greenville, TX. It's average rent per month is $1,693. Vice versa, with an average rent of $2,936, Celina, TX is the most expensive county by 75231, Dallas, TX.

Typically, rent for studios in 75231, Dallas, TX is 71.30% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 75231, Dallas, TX is 4.17% more affordable than other counties nearby. Finally, rent for two bedrooms in 75231, Dallas, TX is 16.65% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Princeton, TX	$3,300	N/A	$1,225	$2,100
Northeast Dallas, Dallas, TX	$1,526	$1,399	$2,250	$2,200
Northeast Rockwall, TX	$23	$1,393	$1,809	$2,300
Southwest Dallas, TX	$2,000	$1,450	$1,850	$2,350
Forney, TX	$23	N/A	N/A	$2,430
Plano, TX	$1,658	$1,398	$2,195	$2,595
Lewisville-Flower Mound, TX	$1,500	$950	$2,000	$2,600
McKinney, TX	$1,451	$1,367	$2,021	$2,650
Carrollton, Lewisville, TX	$2,600	$1,554	$2,120	$2,750
The Colony, TX	$2,900	N/A	$2,275	$2,900

Top Zipcodes Near 75231

There are a total of 45 zipcodes in or near 75231, Dallas, TX. The average rent for all of these zipcodes is $2,440.

The following chart includes the top 10 zipcodes in 75231, 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	$1,231	$1,464	$2,199	$1,535
75034, Frisco, TX	$1,329	$1,364	$2,041	$2,575
76179, Fort Worth, TX	$1,306	N/A	$1,850	$2,237
75071, Anna, TX	$1,956	$1,833	$2,417	$2,500
75070, McKinney, TX	$1,451	$1,660	$2,732	$2,700
75068, Pilot Point-Aubrey, TX	$2,695	N/A	$2,323	$2,495
76227, Pilot Point-Aubrey, TX	$1,800	N/A	$2,225	$2,400
75219, Dallas, TX	$1,650	$1,348	$2,438	$2,100
75204, Dallas, TX	$1,176	$1,450	$3,000	$2,780
75035, Frisco, TX	$3,225	N/A	$2,323	$3,000

Frequently Asked Questions - 75231 Average Rents

What is the average rent price in 75231, Dallas, TX?

The average monthly rental price for 75231, Dallas, TX apartments for rent is approximately $1,466. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 75231, 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 75231, Dallas, TX.

How much is a studio apartment in 75231, Dallas, TX?

The average monthly rental price for studio apartments is $1,080 and an average price per square feet of $0.00. There are a total of 5 studio apartment listings currently available for rent in 75231.

How much is a one bedroom apartment in 75231, Dallas, TX?

The average monthly rental price for one bedroom apartments is $1,200 and an average price per square feet of $1.97. There are a total of 21 one bedroom apartment listings currently available for rent in 75231.

How much is a two bedroom apartment in 75231, Dallas, TX?

The average monthly rental price for two bedroom apartments is $1,598 and an average price per square feet of $1.73. There are a total of 18 two bedroom apartment listings currently available for rent in 75231.

How have rent prices in 75231, Dallas, TX changed this year?

Rent prices for rentals in 75231, Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.22%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by 0.36% year-over-year.

What is a reasonable rent price in 75231, Dallas, TX?

A reasonable rent price in 75231, Dallas, TX is around $1,172/month. You can search for these reasonably priced rental listings on RentHop.