Average Rent in 76040, Arlington, TX

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Current Versus Historical 76040, Arlington, TX Rents

76040 rentals average $1,395 for a studio rental to $3,000 for a 4-bedroom rental. The median price of all currently available listings is $2,600, or roughly $19 per square feet.
For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $22 (-1.53%) year-over-year from $1,417 to $1,395. 1-bedroom rentals prices have increased by $683 (76.26%) year-over-year from $895 to $1,578. 2-bedroom rentals prices have decreased by $233 (-8.92%) year-over-year from $2,613 to $2,380. 3-bedroom rentals prices have decreased by $18 (-0.63%) year-over-year from $2,770 to $2,753. 4-bedroom rentals prices have decreased by $324 (-9.75%) year-over-year from $3,324 to $3,000. 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 0.00% this month. 1-bedroom rents have gone down by 8.26% this month. 2-bedroom rents have gone up by 12.00% this month. 3-bedroom rents have gone up by 0.10% this month. 4-bedroom rents have gone down by 11.06% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $28.47 $1,395 $1,417 (-1.53%) $1,091 (27.89%)
1 BR $25.68 $1,578 $895 (76.26%) $901 (75.02%)
2 BR $21.02 $2,380 $2,613 (-8.92%) $2,702 (-11.91%)
3 BR $18.57 $2,753 $2,770 (-0.63%) $2,854 (-3.56%)
4+ BR $16.88 $3,000 $3,324 (-9.75%) $3,324 (-9.75%)

Historical Rents in 76040, Arlington, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 76040

There are a total of 27 cities nearby 76040. The average rent in 76040 is currently $2,500 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 $1,555, is the most affordable city nearby. In contrast, the most expensive city near 76040, Arlington, TX is Southlake, TX. Monthly rents here are on average $6,500 per month.

Let's compare 76040, Arlington, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 18.89% more expensive. Two bedrooms in 76040, Arlington, TX are about 22.90% more expensive. Finally, rent for three bedrooms are about 9.17% more expensive. Want more information? Check out the top 10 cities out of 27 total cities near 76040, Arlington, TX in the following table.
City Studio 1 Bed 2 Bed All
Arlington, TX $763 $1,026 $1,450 $1,739
North Richland Hills, TX N/A $1,122 $1,500 $2,035
Irving, TX N/A $999 $1,350 $2,250
Euless, TX N/A $1,400 $1,750 $2,395
Grand Prairie, TX N/A $1,183 $1,500 $2,500
Grapevine, TX N/A $1,635 $1,950 $2,795
Coppell, TX N/A $1,600 $2,150 $2,997
Farmers Branch, TX N/A $1,443 $1,935 $3,000
Keller, TX N/A $1,130 $1,475 $3,200
Southlake, TX N/A N/A $7,000 $6,500

Top Neighborhoods Near 76040

There are a total of 7 neighborhoods in or near 76040. Some of these neighborhoods include Old East Dallas, Vickery, and Cedar Crest. We've included all of these top 7 neighborhoods in or near 76040, Arlington, TX in the following table.

The average rent for these 7 neighborhoods in or near 76040, Arlington, TX is currently around $2,159 per month. A total of 5 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,159. Interestingly, the neighborhoods' average rent is less than 76040's average rent, which is actually $2,600. Out of all the neighborhoods in or near 76040, Old East Dallas has the most affordable average rent at $1,275 per month. Whereas, at $3,200 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 $995 $1,195 $1,395 $1,275
Vickery, Dallas, TX $1,250 $1,300 $1,850 $1,493
Cedar Crest, Dallas, TX $1,110 $935 $1,590 $1,895
Sendera Ranch, Fort Worth, TX N/A N/A N/A $2,159
North Oaklawn, Dallas, TX $900 $1,350 $2,850 $2,200
Valley Ranch, Irving, TX N/A $1,311 $1,942 $2,875
Oak Lawn, Dallas, TX $1,831 $2,100 $3,433 $3,200

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 $2,400. That's roughly around $16 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Arlington, TX. Its average rent per month is $1,906. Vice versa, with an average rent of $3,197, The Colony, TX is the most expensive county by 76040, Arlington, TX.

Typically, rent for studios in 76040, Arlington, TX is 28.92% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 76040, Arlington, TX is 18.89% more expensive than other counties nearby. Finally, rent for two bedrooms in 76040, Arlington, TX is 32.77% 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 $1,030 $1,450 $1,906
Midlothian, TX N/A $1,280 $1,595 $2,000
Fort Worth, TX $992 $1,435 $1,625 $2,100
Southwest Dallas, TX $1,165 $1,250 $1,600 $2,150
Northeast Tarrant, TX $2,300 $1,350 $1,598 $2,400
Alvarado, TX N/A $743 $1,500 $2,425
Lewisville-Flower Mound, TX $1,193 $1,312 $1,898 $2,600
Justin-Roanoke, TX $1,375 $850 $2,500 $2,695
Carrollton, Lewisville, TX $3,200 $1,523 $2,135 $2,795
The Colony, TX N/A $1,870 $2,700 $3,197

Top Zipcodes Near 76040

There are a total of 44 zipcodes in or near 76040, Arlington, TX. The average rent for all of these zipcodes is $2,356. 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 $1,131 per month. In comparison, the zipcode with the most expensive average rent of $5,299 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 76040, Arlington, TX is $1,373 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 $1,003 $1,433 $1,300
75219, Dallas, TX $975 $1,583 $2,800 $2,520
76010, Arlington, TX $730 $960 $1,130 $1,195
75204, Dallas, TX $1,148 $1,785 $3,200 $3,100
75034, Frisco, TX N/A $1,580 $2,445 $3,320
75206, Dallas, TX $1,413 $1,420 $2,608 $2,400
76179, Fort Worth, TX N/A $3,195 $2,673 $2,350
76011, Arlington, TX $775 $989 $1,300 $1,220
75061, Irving, TX N/A $898 $1,100 $1,131
76244, Fort Worth, TX $2,300 N/A $1,650 $2,400

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 $2,600. 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 $1,395 and an average price per square feet of $28.47. 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 $1,578 and an average price per square feet of $25.68. There are a total of 10 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 $2,380 and an average price per square feet of $21.02. There are a total of 20 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 -0.02%, one bedroom rental prices have changed by 0.76%, two bedroom rental prices have changed by -0.09%, three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in 76040, Arlington, TX?
A reasonable rent price in 76040, Arlington, TX is around $2,080/month. You can search for these reasonably priced rental listings on RentHop.
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