Average Rent in Central Dallas, Dallas, TX

Current Versus Historical Central Dallas, Dallas, TX Rents

Central Dallas rentals average $1,850 for a studio rental to $5,999 for a 4-bedroom rental. The median price of all currently available listings is $2,689, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $326 (21.73%) year-over-year from $1,500 to $1,826. 1-bedroom rentals prices have decreased by $231 (-13.32%) year-over-year from $1,731 to $1,500. 2-bedroom rentals prices have increased by $506 (18.78%) year-over-year from $2,694 to $3,200. 3-bedroom rentals prices have increased by $136 (3.25%) year-over-year from $4,165 to $4,300. 4-bedroom rentals prices have increased by $306 (5.89%) year-over-year from $5,194 to $5,500. 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 7.49% this month. 1-bedroom rents have gone down by 15.92% this month. 2-bedroom rents have gone down by 0.55% this month. 3-bedroom rents have gone down by 20.25% this month. 4-bedroom rents have gone down by 9.09% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.18	$1,826	$1,500 (21.73%)	$1,449 (26.05%)
1 BR	$2.07	$1,500	$1,731 (-13.32%)	$1,709 (-12.22%)
2 BR	$2.10	$3,200	$2,694 (18.78%)	$2,571 (24.48%)
3 BR	$2.00	$4,300	$4,165 (3.25%)	$3,833 (12.20%)
4+ BR	$2.08	$5,500	$5,194 (5.89%)	$6,061 (-9.25%)

Historical Rents in Central Dallas, Dallas, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Central Dallas

There are a total of 31 cities nearby Central Dallas. The average rent in Central Dallas is currently $2,395 per month. A total of 26 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,540, is the most affordable city nearby. In contrast, the most expensive city near Central Dallas, Dallas, TX is University Park, TX. Monthly rents here are on average $5,000 per month.

Let's compare Central Dallas, Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Central Dallas, Dallas, TX is 10.81% more expensive than other cities nearby. One bedrooms are about 14.63% more expensive. Two bedrooms in Central Dallas, Dallas, TX are about 40.78% more expensive. Finally, rent for three bedrooms are about 41.48% more expensive. Want more information? Check out the top 10 cities out of 31 total cities near Central Dallas, Dallas, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Addison, TX	$1,240	$1,474	$2,199	$1,540
Farmers Branch, TX	N/A	$1,479	$2,102	$1,624
Mesquite, TX	$475	N/A	N/A	$2,048
Garland, TX	$2,500	$1,125	$1,500	$2,097
Richardson, TX	$3,140	$1,510	$2,198	$2,350
Dallas, TX	$1,850	$1,350	$2,350	$2,395
Lancaster, TX	N/A	N/A	N/A	$2,450
Carrollton, TX	$2,338	$1,550	$2,095	$2,620
Irving, TX	$3,000	$1,325	$2,100	$2,800
University Park, TX	N/A	$2,025	$3,075	$5,000

Top Neighborhoods Near Central Dallas

There are a total of 4 neighborhoods in or near Central Dallas. 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 Central Dallas, Dallas, TX in the following chart.

The average rent for these 4 neighborhoods in or near Central Dallas, Dallas, TX is currently around $1,665 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Central Dallas, Old East Dallas has the most affordable average rent at $1,275 per month. Whereas, at $3,000 average rent per month, Oak Lawn is the most expensive neighborhood in or near Central Dallas. 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	$609	$1,095	$1,475	$1,490
Downtown Fort Worth, Fort Worth, TX	N/A	$1,689	$2,642	$1,839
Oak Lawn, Dallas, TX	$1,650	$2,100	$3,715	$3,000

Top Counties Near Central Dallas

There are a total of 4 counties located by Central Dallas, Dallas, TX. Some of these counties include Northeast Dallas, Dallas, TX, Arlington, TX, and Northeast Rockwall, TX. The average rent for rentals in these counties is $2,380. That's roughly around $1 per sqft. A total of 18 counties have a lower average rent. The county that is the most affordable is Greenville, TX. It's average rent per month is $1,683. Vice versa, with an average rent of $2,950, Celina, TX is the most expensive county by Central Dallas, Dallas, TX.

Typically, rent for studios in Central Dallas, Dallas, TX is on par with the other counties nearby. In comparison, rent for one bedroom listings in Central Dallas, Dallas, TX is 14.97% more expensive than other counties nearby. Finally, rent for two bedrooms in Central Dallas, Dallas, TX is 42.67% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Northeast Dallas, Dallas, TX	$1,510	$1,397	$2,250	$2,200
Arlington, TX	$1,700	$1,295	$1,485	$2,200
Northeast Rockwall, TX	$23	$1,393	$1,809	$2,300
Southwest Dallas, TX	$2,000	$1,443	$1,860	$2,365
Northeast Tarrant, TX	$2,300	$1,205	$1,578	$2,395
Forney, TX	$23	N/A	N/A	$2,435
Plano, TX	$1,640	$1,399	$2,180	$2,600
Lewisville-Flower Mound, TX	$1,565	$950	$2,000	$2,600
Carrollton, Lewisville, TX	$2,600	$1,554	$2,120	$2,750
The Colony, TX	$2,900	N/A	$2,438	$2,900

Top Zipcodes Near Central Dallas

There are a total of 45 zipcodes in or near Central Dallas, Dallas, TX. The average rent for all of these zipcodes is $2,445. A total of 34 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75243, Dallas, TX at $1,350 per month. In comparison, the zipcode with the most expensive average rent of $3,850 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,475. That's at least $0 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Central Dallas, Dallas, TX is $950 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,968 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Central Dallas, Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75204, Dallas, TX	$1,176	$1,450	$3,075	$2,800
75206, Dallas, TX	$1,135	$1,095	$2,598	$2,195
75219, Dallas, TX	$1,650	$1,400	$2,400	$2,100
75205, Highland Park, TX	$1,925	$1,850	$3,532	$3,850
75214, Dallas, TX	$2,425	$1,250	$2,074	$1,950
75208, Dallas, TX	$1,350	$1,485	$2,100	$1,788
75243, Dallas, TX	$17	$1,050	$1,495	$1,350
75234, Farmers Branch, TX	$1,475	$1,479	$2,102	$1,607
75001, Addison, TX	$1,240	$1,474	$2,169	$1,540
75093, Plano, TX	$2,963	N/A	$2,200	$3,650

Frequently Asked Questions - Central Dallas Average Rents

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

The average monthly rental price for Central Dallas, Dallas, TX apartments for rent is approximately $2,689. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Central Dallas, 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 Central Dallas, Dallas, TX.

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

The average monthly rental price for studio apartments is $1,850 and an average price per square feet of $2.18. There are a total of 35 studio apartment listings currently available for rent in Central Dallas.

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

The average monthly rental price for one bedroom apartments is $1,470 and an average price per square feet of $2.07. There are a total of 160 one bedroom apartment listings currently available for rent in Central Dallas.

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

The average monthly rental price for two bedroom apartments is $3,200 and an average price per square feet of $2.10. There are a total of 190 two bedroom apartment listings currently available for rent in Central Dallas.

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

Rent prices for rentals in Central Dallas, Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.22%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by 0.19%, and three bedroom rental prices have changed by 0.03% year-over-year.

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

A reasonable rent price in Central Dallas, Dallas, TX is around $2,151/month. You can search for these reasonably priced rental listings on RentHop.