Average Rent in 76040, Arlington, TX

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Current Versus Historical 76040, Arlington, TX Rents

76040 rentals average $1,365 for a studio rental to $3,600 for a 4-bedroom rental. The median price of all currently available listings is $2,599, or roughly $19 per square feet.
For the apartment units and housing in June 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $285 (-17.27%) year-over-year from $1,650 to $1,365. 1-bedroom rentals prices have increased by $658 (63.07%) year-over-year from $1,043 to $1,700. 2-bedroom rentals prices have decreased by $37 (-1.42%) year-over-year from $2,587 to $2,550. 3-bedroom rentals prices have increased by $337 (12.41%) year-over-year from $2,713 to $3,050. 4-bedroom rentals prices have increased by $401 (12.53%) year-over-year from $3,199 to $3,600. 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 1.21% this month. 1-bedroom rents have gone down by 3.79% this month. 2-bedroom rents have gone down by 1.16% this month. 3-bedroom rents have gone up by 5.21% this month. 4-bedroom rents have gone up by 7.79% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $27.86 $1,365 $1,650 (-17.27%) $1,021 (33.69%)
1 BR $27.35 $1,700 $1,043 (63.07%) $848 (100.47%)
2 BR $21.73 $2,550 $2,587 (-1.42%) $2,593 (-1.67%)
3 BR $18.00 $3,050 $2,713 (12.41%) $2,814 (8.38%)
4+ BR $17.06 $3,600 $3,199 (12.53%) $3,358 (7.21%)

Historical Rents in 76040, Arlington, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 76040

There are a total of 25 cities nearby 76040. The average rent in 76040 is currently $2,425 per month. A total of 17 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,548, is the most affordable city nearby. In contrast, the most expensive city near 76040, Arlington, TX is University Park, TX. Monthly rents here are on average $6,198 per month.

Let's compare 76040, Arlington, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 76040, Arlington, TX is 44.14% more expensive than other cities nearby. One bedrooms are about 22.59% more expensive. Two bedrooms in 76040, Arlington, TX are about 28.91% more expensive. Finally, rent for three bedrooms are about 15.25% more expensive. Want more information? Check out the top 10 cities out of 25 total cities near 76040, Arlington, TX in the following table.
City Studio 1 Bed 2 Bed All
Arlington, TX $763 $1,040 $1,468 $1,800
North Richland Hills, TX $695 $1,122 $1,501 $1,916
Fort Worth, TX $1,008 $1,399 $1,600 $2,175
Irving, TX N/A $1,001 $1,300 $2,245
Bedford, TX $1,101 $1,148 $1,411 $2,298
Euless, TX $2,100 $1,100 $1,900 $2,475
Grand Prairie, TX N/A $1,165 $1,475 $2,500
Grapevine, TX N/A $1,590 $2,000 $2,800
Coppell, TX N/A $1,600 $2,200 $2,900
Farmers Branch, TX N/A $1,500 $1,995 $2,990

Top Neighborhoods Near 76040

There are a total of 9 neighborhoods in or near 76040. Some of these neighborhoods include Old East Dallas, Cedar Crest, and North Oaklawn. We've included all of these top 9 neighborhoods in or near 76040, Arlington, TX in the following table.

The average rent for these 9 neighborhoods in or near 76040, Arlington, TX is currently around $2,250 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,250. Interestingly, the neighborhoods' average rent is less than 76040's average rent, which is actually $2,599. Out of all the neighborhoods in or near 76040, Old East Dallas has the most affordable average rent at $1,295 per month. Whereas, at $3,295 average rent per month, Oak Lawn is the most expensive neighborhood in or near 76040. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $990 $1,170 $1,495 $1,295
Cedar Crest, Dallas, TX $1,110 $1,068 $1,650 $1,850
North Oaklawn, Dallas, TX $950 $1,275 $2,995 $1,868
Downtown Dallas, Dallas, TX $1,453 $1,749 $2,917 $2,159
Sendera Ranch, Fort Worth, TX N/A N/A N/A $2,250
Lower Greenville, Dallas, TX $1,000 $1,445 $3,048 $2,450
Valley Ranch, Irving, TX N/A $1,266 $1,942 $2,863
Roseland, Dallas, TX $700 $1,175 $3,323 $3,200
Oak Lawn, Dallas, TX $1,831 $2,249 $3,657 $3,295

Top Counties Near 76040

There are a total of 11 counties located by 76040, Arlington, TX. Some of these counties include Arlington, TX, Midlothian, TX, and Fort Worth, TX. The average rent for rentals in these counties is $2,150. That's roughly around $17 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Burleson-Joshua, TX. Its average rent per month is $1,895. Vice versa, with an average rent of $3,098, The Colony, TX is the most expensive county by 76040, Arlington, TX.

Typically, rent for studios in 76040, Arlington, TX is 26.19% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 76040, Arlington, TX is 27.76% more expensive than other counties nearby. Finally, rent for two bedrooms in 76040, Arlington, TX is 34.85% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Arlington, TX $763 $1,040 $1,480 $1,945
Midlothian, TX N/A $1,300 $1,645 $1,995
Fort Worth, TX $1,008 $1,389 $1,580 $2,078
Alvarado, TX N/A $743 $1,875 $2,095
Southwest Dallas, TX $1,137 $1,300 $1,650 $2,150
Northeast Tarrant, TX $1,101 $1,288 $1,600 $2,400
Carrollton, Lewisville, TX $3,200 $1,180 $1,998 $2,485
Lewisville-Flower Mound, TX $1,193 $1,228 $1,627 $2,600
Justin-Roanoke, TX $1,350 $1,125 $2,523 $2,650
The Colony, TX N/A $1,870 $2,104 $3,098

Top Zipcodes Near 76040

There are a total of 45 zipcodes in or near 76040, Arlington, TX. The average rent for all of these zipcodes is $2,273. A total of 33 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 $750. That's at least $20 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 76040, Arlington, TX is $1,325 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,900 per month. Which comes out to $20 per sqft. The following table includes the top 10 zipcodes in 76040, Arlington, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
76006, Arlington, TX $845 $1,025 $1,415 $1,264
75219, Dallas, TX $963 $1,556 $2,775 $2,300
76010, Arlington, TX $730 $899 $1,130 $1,242
75034, Frisco, TX $1,275 $1,570 $2,380 $3,295
75204, Dallas, TX $750 $1,695 $3,000 $2,700
76179, Fort Worth, TX $1,215 $2,995 $1,530 $2,300
75206, Dallas, TX $1,038 $1,540 $2,570 $2,200
75061, Irving, TX N/A $904 $1,049 $1,071
76011, Arlington, TX $775 $921 $1,300 $1,254
75068, Pilot Point-Aubrey, TX $1,950 $1,204 $1,411 $2,499

Frequently Asked Questions - 76040 Average Rents

What is the average rent price in 76040, Arlington, TX?
The average monthly rental price for 76040, Arlington, TX apartments for rent is approximately $2,599. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 76040, Arlington, 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 76040, Arlington, TX.
How much is a studio apartment in 76040, Arlington, TX?
The average monthly rental price for studio apartments is $1,365 and an average price per square feet of $27.86. There are a total of 1 studio apartment listings currently available for rent in 76040.
How much is a one bedroom apartment in 76040, Arlington, TX?
The average monthly rental price for one bedroom apartments is $1,700 and an average price per square feet of $27.35. There are a total of 17 one bedroom apartment listings currently available for rent in 76040.
How much is a two bedroom apartment in 76040, Arlington, TX?
The average monthly rental price for two bedroom apartments is $2,525 and an average price per square feet of $21.73. There are a total of 30 two bedroom apartment listings currently available for rent in 76040.
How have rent prices in 76040, Arlington, TX changed this year?
Rent prices for rentals in 76040, Arlington, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.17%, one bedroom rental prices have changed by 0.63%, two bedroom rental prices have changed by -0.01%, three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in 76040, Arlington, TX?
A reasonable rent price in 76040, Arlington, TX is around $2,079/month. You can search for these reasonably priced rental listings on RentHop.
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