Average Rent in Dallas, TX

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Current Versus Historical Dallas, TX Rents

Dallas rentals average $1,205 for a studio rental to $3,600 for a 4-bedroom rental. The median price of all currently available listings is $1,950, or roughly $21 per square feet.
For the apartment units and housing in March 2023, median rents have risen substantially over the last year. Studio rentals prices have increased by $74 (5.30%) year-over-year from $1,400 to $1,474. 1-bedroom rentals prices have increased by $241 (14.45%) year-over-year from $1,670 to $1,911. 2-bedroom rentals prices have increased by $409 (17.24%) year-over-year from $2,375 to $2,784. 3-bedroom rentals prices have increased by $275 (10.15%) year-over-year from $2,706 to $2,980. 4-bedroom rentals prices have increased by $642 (22.45%) year-over-year from $2,858 to $3,500. 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 down by 2.47% this month. 1-bedroom rents have gone up by 9.22% this month. 2-bedroom rents have gone up by 11.03% this month. 3-bedroom rents have gone up by 1.42% this month. 4-bedroom rents have gone up by 3.30% this month.
Beds
Price / Sqft
Mar 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $27 $1,474 $1,400 (5.30%) $1,100 (34.00%)
1 BR $23 $1,911 $1,670 (14.45%) $1,215 (57.24%)
2 BR $22 $2,784 $2,375 (17.24%) $1,698 (63.96%)
3 BR $20 $2,980 $2,706 (10.15%) $1,933 (54.16%)
4+ BR $19 $3,500 $2,858 (22.45%) $2,601 (34.57%)

Historical Rents in Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Dallas

There are a total of 32 cities nearby Dallas. The average rent in Dallas is currently $2,319 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Ennis, TX, with an average rent of $1,240, is the most affordable city nearby. In contrast, the most expensive city near Dallas, TX is Allen, TX. Monthly rents here are on average $2,650 per month.

Let's compare Dallas, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 5.24% more expensive. Two bedrooms in Dallas, TX are about 19.92% more expensive. Finally, rent for three bedrooms are about 19.64% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,299 $1,523 $1,999 $1,579
Farmers Branch, TX N/A $1,485 $1,984 $1,910
Garland, TX N/A $1,055 $1,495 $1,995
Mesquite, TX N/A $975 $1,350 $2,085
Grand Prairie, TX N/A $1,095 $1,595 $2,245
Rowlett, TX N/A N/A N/A $2,390
Richardson, TX N/A $1,275 $1,680 $2,400
Plano, TX $1,430 $1,398 $1,883 $2,400
Irving, TX N/A $1,285 $1,799 $2,500
Carrollton, TX $1,825 $1,354 $2,025 $2,500

Top Neighborhoods Near Dallas

There are a total of 3 neighborhoods in or near Dallas. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Oak Lawn. We've included all of these top 3 neighborhoods in or near Dallas, TX in the following chart.

The average rent for these 3 neighborhoods in or near Dallas, TX is currently around $1,350 per month. A total of 2 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 Dallas, Old East Dallas has the most affordable average rent at $1,298 per month. Whereas, at $2,650 average rent per month, Oak Lawn is the most expensive neighborhood in or near Dallas. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $1,095 $1,150 $1,550 $1,298
Lake Highlands, Dallas, TX N/A $1,125 $1,477 $1,350
Oak Lawn, Dallas, TX $1,303 $1,787 $4,556 $2,650

Top Counties Near Dallas

There are a total of 3 counties located by Dallas, TX. Some of these counties include Crandall, TX, Northeast Dallas, Dallas, TX, and Arlington, TX. The average rent for rentals in these counties is $2,344. That's roughly around $16 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Greenville, TX. It's average rent per month is $1,600. Vice versa, with an average rent of $2,850, The Colony, TX is the most expensive county by Dallas, TX.

In comparison, rent for one bedroom listings in Dallas, TX is 1.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Dallas, TX is 9.77% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Crandall, TX N/A N/A N/A $1,750
Northeast Dallas, Dallas, TX $1,284 $1,296 $1,950 $1,899
Arlington, TX $1,275 $1,040 $1,495 $2,145
Southwest Dallas, TX $1,299 $1,200 $1,800 $2,150
Northeast Tarrant, TX $1,130 $995 $1,599 $2,250
Forney, TX N/A $1,628 $1,856 $2,328
Northeast Rockwall, TX N/A N/A N/A $2,373
Plano, TX $1,379 $1,368 $1,828 $2,495
Carrollton, Lewisville, TX N/A $1,573 $2,223 $2,649
The Colony, TX N/A $1,299 $2,275 $2,850

Top Zipcodes Near Dallas

There are a total of 41 zipcodes in or near Dallas, TX. The average rent for all of these zipcodes is $2,195. A total of 13 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 $1,245 per month. In comparison, the zipcode with the most expensive average rent of $5,050 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 Dallas, TX is $1,242 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,885 per month. Which comes out to $20 per sqft. The following chart includes the top 10 zipcodes in Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75034, Frisco, TX N/A $1,346 $1,914 $1,917
75001, Addison, TX $1,299 $1,523 $1,997 $1,578
75204, Dallas, TX $947 $1,365 $2,623 $2,175
75219, Dallas, TX $1,925 $1,350 $2,175 $1,887
75070, McKinney, TX N/A $1,071 $2,300 $2,595
75206, Dallas, TX $1,150 $1,228 $2,995 $1,725
76227, Pilot Point-Aubrey, TX N/A $1,350 $1,850 $2,470
76244, Fort Worth, TX N/A $885 $1,959 $2,400
75024, Plano, TX $1,386 $1,416 $1,945 $1,686
75126, Forney, TX N/A $1,628 $1,856 $2,325

Frequently Asked Questions - Dallas Average Rents

What is the average rent price in Dallas, TX?
The average monthly rental price for Dallas, TX apartments for rent is approximately $1,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Dallas, TX.
How much is a studio apartment in Dallas, TX?
The average monthly rental price for studio apartments is $1,205 and an average price per square feet of $26.82. There are a total of 34 studio apartment listings currently available for rent in Dallas.
How much is a one bedroom apartment in Dallas, TX?
The average monthly rental price for one bedroom apartments is $1,225 and an average price per square feet of $22.74. There are a total of 579 one bedroom apartment listings currently available for rent in Dallas.
How much is a two bedroom apartment in Dallas, TX?
The average monthly rental price for two bedroom apartments is $1,995 and an average price per square feet of $21.60. There are a total of 545 two bedroom apartment listings currently available for rent in Dallas.
How have rent prices in Dallas, TX changed this year?
Rent prices for rentals in Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.17%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Dallas, TX?
A reasonable rent price in Dallas, TX is around $1,560/month. You can search for these reasonably priced rental listings on RentHop.
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