Average Rent in 75240, Dallas, TX

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Current Versus Historical 75240, Dallas, TX Rents

75240 rentals average $1,410 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $1,889, or roughly $21 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 $61 (-4.15%) year-over-year from $1,471 to $1,410. 1-bedroom rentals prices have decreased by $413 (-22.47%) year-over-year from $1,838 to $1,425. 2-bedroom rentals prices have decreased by $884 (-31.33%) year-over-year from $2,822 to $1,938. 3-bedroom rentals prices have decreased by $321 (-10.64%) year-over-year from $3,021 to $2,700. 4-bedroom rentals prices have increased by $3,617 (78.06%) year-over-year from $4,633 to $8,250. 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 0.77% this month. 1-bedroom rents have gone down by 4.79% this month. 2-bedroom rents have gone down by 1.39% this month. 3-bedroom rents have gone down by 0.92% this month. 4-bedroom rents have gone up by 62.83% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$25.67	$1,410	$1,471 (-4.15%)	$1,617 (-12.82%)
1 BR	$21.77	$1,425	$1,838 (-22.47%)	$1,838 (-22.47%)
2 BR	$19.80	$1,938	$2,822 (-31.33%)	$2,747 (-29.46%)
3 BR	$18.81	$2,700	$3,021 (-10.64%)	$2,300 (17.39%)
4+ BR	$15.97	$8,250	$4,633 (78.06%)	$3,300 (150.00%)

Historical Rents in 75240, Dallas, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 75240

There are a total of 46 cities nearby 75240. The average rent in 75240 is currently $2,363 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,675, is the most affordable city nearby. In contrast, the most expensive city near 75240, Dallas, TX is Southlake, TX. Monthly rents here are on average $6,400 per month.

Let's compare 75240, Dallas, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 14.67% more expensive. Two bedrooms in 75240, Dallas, TX are about 12.76% more expensive. Finally, rent for three bedrooms are about 13.19% more expensive. Want more information? Check out the top 10 cities out of 46 total cities near 75240, Dallas, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Addison, TX	$1,057	$1,400	$1,825	$1,675
Dallas, TX	$1,386	$1,375	$2,000	$2,000
Garland, TX	N/A	$1,000	$1,695	$2,116
Irving, TX	N/A	$985	$1,295	$2,300
Carrollton, TX	$2,146	$1,405	$1,972	$2,375
Richardson, TX	N/A	$1,115	$1,995	$2,475
Farmers Branch, TX	N/A	$1,174	$1,995	$2,490
Coppell, TX	N/A	$1,415	$1,875	$2,728
Plano, TX	N/A	$1,225	$2,300	$2,795
University Park, TX	N/A	$1,650	$3,200	$5,600

Top Neighborhoods Near 75240

There are a total of 13 neighborhoods in or near 75240. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Vickery. We've included all of these top 13 neighborhoods in or near 75240, Dallas, TX in the following table.

The average rent for these 13 neighborhoods in or near 75240, Dallas, TX is currently around $2,059 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $2,059. Interestingly, the neighborhoods' average rent is higher than 75240's average rent, which is only $1,889. Out of all the neighborhoods in or near 75240, Old East Dallas has the most affordable average rent at $1,199 per month. Whereas, at $3,073 average rent per month, Roseland 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	$995	$1,175	$1,395	$1,199
Lake Highlands, Dallas, TX	$1,050	$1,000	$1,490	$1,410
Vickery, Dallas, TX	$1,655	$1,250	$1,700	$1,452
Hillcrest Forest, Dallas, TX	$1,235	$1,465	$1,762	$1,704
Fort Worth Avenue, Dallas, TX	$1,343	$1,391	$2,026	$1,810
Cedar Crest, Dallas, TX	$1,125	$1,300	$1,590	$1,900
North Oaklawn, Dallas, TX	$998	$1,400	$2,620	$2,059
Sendera Ranch, Fort Worth, TX	N/A	N/A	N/A	$2,179
Downtown Dallas, Dallas, TX	$1,596	$1,895	$2,395	$2,220
Stonebridge Ranch, McKinney, TX	N/A	N/A	$2,260	$2,500
Valley Ranch, Irving, TX	N/A	N/A	$2,050	$2,950
Oak Lawn, Dallas, TX	$1,658	$2,098	$3,388	$3,030
Roseland, Dallas, TX	$1,405	$2,040	$3,200	$3,073

Top Counties Near 75240

There are a total of 34 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 $2,200. That's roughly around $15 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Cleburne, TX. Its average rent per month is $1,488. Vice versa, with an average rent of $3,425, Weatherford Southeast, TX is the most expensive county by 75240, Dallas, TX.

In comparison, rent for one bedroom listings in 75240, Dallas, TX is 8.77% more expensive than other counties nearby. Finally, rent for two bedrooms in 75240, Dallas, TX is 17.95% 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	N/A	$1,013	$1,600	$2,000
Southwest Dallas, TX	$1,170	$1,300	$1,595	$2,050
Northeast Dallas, Dallas, TX	$1,398	$1,390	$2,050	$2,147
Northeast Tarrant, TX	$898	$1,313	$1,600	$2,300
Carrollton, Lewisville, TX	$1,757	$1,385	$2,000	$2,540
Lewisville-Flower Mound, TX	$1,025	$1,497	$1,900	$2,543
McKinney, TX	$1,350	$1,760	$2,200	$2,600
Northwest Rockwall, Rockwall, TX	N/A	$1,295	$1,950	$2,600
Plano, TX	$1,338	$1,225	$2,000	$2,675
The Colony, TX	N/A	$1,946	$2,484	$3,000

Top Zipcodes Near 75240

There are a total of 49 zipcodes in or near 75240, Dallas, TX. The average rent for all of these zipcodes is $2,485. A total of 9 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 $1,049 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 75240, Dallas, TX is $1,390 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,945 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	$1,498	$1,497	$2,658	$2,335
75206, Dallas, TX	$1,580	$1,390	$2,395	$2,048
75243, Dallas, TX	$1,210	$990	$1,439	$1,300
75204, Dallas, TX	$1,405	$1,900	$3,179	$2,979
75230, Dallas, TX	$2,100	$1,400	$1,750	$2,290
75034, Frisco, TX	$1,350	$1,568	$2,220	$3,173
75287, Dallas, TX	$1,504	$1,350	$1,870	$1,800
75254, Dallas, TX	$1,350	$1,395	$1,795	$1,654
75231, Dallas, TX	$1,452	$1,199	$1,700	$1,452
75214, Dallas, TX	$885	$1,199	$1,770	$1,725

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 $1,889. 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 $1,410 and an average price per square feet of $25.67. There are a total of 6 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 $1,425 and an average price per square feet of $21.77. There are a total of 43 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 $1,950 and an average price per square feet of $19.80. There are a total of 39 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 -0.04%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by -0.31%, three bedroom rental prices have changed by -0.11% year-over-year.

What is a reasonable rent price in 75240, Dallas, TX?

A reasonable rent price in 75240, Dallas, TX is around $1,511/month. You can search for these reasonably priced rental listings on RentHop.