Average Rent in 75240, Dallas, TX

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Current Versus Historical 75240, Dallas, TX Rents

75240 rentals average $1,889 for a studio rental to $3,100 for a 4-bedroom rental. The median price of all currently available listings is $1,994, or roughly $21 per square feet.
For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $418 (28.42%) year-over-year from $1,471 to $1,889. 1-bedroom rentals prices have decreased by $8 (-0.45%) year-over-year from $1,832 to $1,824. 2-bedroom rentals prices have decreased by $808 (-29.96%) year-over-year from $2,698 to $1,890. 3-bedroom rentals prices have decreased by $582 (-19.20%) year-over-year from $3,032 to $2,450. 4-bedroom rentals prices have increased by $243 (8.49%) year-over-year from $2,858 to $3,100. 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 21.18% this month. 1-bedroom rents have gone up by 13.37% this month. 2-bedroom rents have gone down by 15.04% this month. 3-bedroom rents have gone down by 17.20% this month. 4-bedroom rents have gone down by 20.51% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $1,889 $1,471 (28.42%) $1,574 (20.01%)
1 BR $27.94 $1,824 $1,832 (-0.45%) $1,791 (1.82%)
2 BR $20.37 $1,890 $2,698 (-29.96%) $2,760 (-31.52%)
3 BR $18.25 $2,450 $3,032 (-19.20%) $2,367 (3.52%)
4+ BR $21.30 $3,100 $2,858 (8.49%) $4,840 (-35.95%)

Historical Rents in 75240, Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 75240

There are a total of 43 cities nearby 75240. The average rent in 75240 is currently $2,350 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,625, is the most affordable city nearby. In contrast, the most expensive city near 75240, Dallas, TX is University Park, TX. Monthly rents here are on average $6,200 per month.

Let's compare 75240, Dallas, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 21.47% more expensive. Two bedrooms in 75240, Dallas, TX are about 8.42% more expensive. Finally, rent for three bedrooms are about 13.21% more expensive. Want more information? Check out the top 10 cities out of 43 total cities near 75240, Dallas, TX in the following table.
City Studio 1 Bed 2 Bed All
Addison, TX $1,099 $1,388 $1,975 $1,625
Garland, TX $925 $1,300 $1,695 $2,100
Richardson, TX $1,221 $1,459 $1,889 $2,142
Dallas, TX $1,267 $1,401 $2,226 $2,200
Irving, TX N/A $996 $1,300 $2,250
Carrollton, TX $2,146 $1,350 $1,964 $2,300
Farmers Branch, TX N/A $1,318 $2,050 $2,411
Plano, TX $1,310 $1,559 $2,200 $2,640
Coppell, TX N/A $1,600 $2,200 $2,900
University Park, TX N/A $1,598 $3,500 $6,200

Top Neighborhoods Near 75240

There are a total of 12 neighborhoods in or near 75240. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Hillcrest Forest. We've included all of these top 12 neighborhoods in or near 75240, Dallas, TX in the following table.

The average rent for these 12 neighborhoods in or near 75240, Dallas, TX is currently around $2,218 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $2,218. Interestingly, the neighborhoods' average rent is higher than 75240's average rent, which is only $1,994. Out of all the neighborhoods in or near 75240, Old East Dallas has the most affordable average rent at $1,300 per month. Whereas, at $3,636 average rent per month, Oak Lawn is the most expensive neighborhood in or near 75240. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $993 $1,190 $1,497 $1,300
Lake Highlands, Dallas, TX $1,200 $1,000 $1,550 $1,573
Hillcrest Forest, Dallas, TX $1,170 $1,475 $1,750 $1,750
Cedar Crest, Dallas, TX $1,110 $1,068 $1,638 $1,850
North Oaklawn, Dallas, TX $950 $1,300 $2,925 $1,885
Downtown Dallas, Dallas, TX $1,453 $1,654 $3,086 $2,185
Sendera Ranch, Fort Worth, TX N/A N/A N/A $2,250
Lower Greenville, Dallas, TX $1,257 $1,345 $2,750 $2,400
Stonebridge Ranch, McKinney, TX N/A N/A $2,475 $2,695
Valley Ranch, Irving, TX N/A $1,266 $1,942 $2,800
Roseland, Dallas, TX $700 $2,040 $3,200 $2,875
Oak Lawn, Dallas, TX $1,808 $2,395 $3,731 $3,636

Top Counties Near 75240

There are a total of 31 counties located by 75240, Dallas, TX. Some of these counties include Princeton, TX, Southwest Dallas, TX, and Northeast Dallas, Dallas, TX. The average rent for rentals in these counties is $2,300. That's roughly around $16 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is East Grayson, TX. Its average rent per month is $1,625. Vice versa, with an average rent of $3,225, Weatherford Southeast, TX is the most expensive county by 75240, Dallas, TX.

In comparison, rent for one bedroom listings in 75240, Dallas, TX is 21.03% more expensive than other counties nearby. Finally, rent for two bedrooms in 75240, Dallas, TX is 5.42% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Princeton, TX $2,000 $850 $1,725 $2,050
Southwest Dallas, TX $1,180 $1,358 $1,650 $2,195
Northeast Dallas, Dallas, TX $1,235 $1,420 $2,195 $2,207
Northeast Tarrant, TX $1,601 $1,405 $1,595 $2,350
Carrollton, Lewisville, TX $1,757 $1,200 $1,933 $2,357
Lewisville-Flower Mound, TX $1,624 $1,649 $1,770 $2,500
Plano, TX $1,342 $1,492 $1,970 $2,550
McKinney, TX $1,275 $1,735 $2,275 $2,650
Northwest Rockwall, Rockwall, TX N/A $1,948 $2,500 $2,700
The Colony, TX N/A $1,946 $2,267 $3,000

Top Zipcodes Near 75240

There are a total of 47 zipcodes in or near 75240, Dallas, TX. The average rent for all of these zipcodes is $2,485. A total of 8 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 $1,071 per month. In comparison, the zipcode with the most expensive average rent of $5,500 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $980. That's at least $22 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 75240, Dallas, TX is $1,400 per month. Or in other words, $24 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,980 per month. Which comes out to $20 per sqft. The following table includes the top 10 zipcodes in 75240, Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75219, Dallas, TX $963 $1,500 $2,800 $2,498
75206, Dallas, TX $1,075 $1,495 $2,750 $2,400
75034, Frisco, TX $1,275 $1,585 $2,281 $3,295
75204, Dallas, TX $750 $1,740 $3,086 $2,900
75287, Dallas, TX $1,465 $1,150 $1,700 $1,595
75230, Dallas, TX N/A $1,500 $1,850 $2,950
75243, Dallas, TX $999 $969 $1,450 $1,300
75035, Frisco, TX N/A $1,445 $2,415 $2,938
75070, McKinney, TX N/A $2,030 $2,295 $2,550
75214, Dallas, TX $1,045 $1,200 $1,850 $1,795

Frequently Asked Questions - 75240 Average Rents

What is the average rent price in 75240, Dallas, TX?
The average monthly rental price for 75240, Dallas, TX apartments for rent is approximately $1,994. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 75240, 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 75240, Dallas, TX.
How much is a studio apartment in 75240, Dallas, TX?
The average monthly rental price for studio apartments is $1,889. There are a total of 2 studio apartment listings currently available for rent in 75240.
How much is a one bedroom apartment in 75240, Dallas, TX?
The average monthly rental price for one bedroom apartments is $1,719 and an average price per square feet of $27.94. There are a total of 20 one bedroom apartment listings currently available for rent in 75240.
How much is a two bedroom apartment in 75240, Dallas, TX?
The average monthly rental price for two bedroom apartments is $1,900 and an average price per square feet of $20.37. There are a total of 19 two bedroom apartment listings currently available for rent in 75240.
How have rent prices in 75240, Dallas, TX changed this year?
Rent prices for rentals in 75240, Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.28%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.30%, three bedroom rental prices have changed by -0.19% year-over-year.
What is a reasonable rent price in 75240, Dallas, TX?
A reasonable rent price in 75240, Dallas, TX is around $1,595/month. You can search for these reasonably priced rental listings on RentHop.
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