Average Rent in Dallas, TX

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Current Versus Historical Dallas, TX Rents

Dallas rentals average $1,230 for a studio rental to $3,700 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $21 per square feet.
For the apartment units and housing in April 2023, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $100 (6.70%) year-over-year from $1,498 to $1,598. 1-bedroom rentals prices have decreased by $482 (-27.10%) year-over-year from $1,777 to $1,295. 2-bedroom rentals prices have decreased by $253 (-9.94%) year-over-year from $2,548 to $2,295. 3-bedroom rentals prices have decreased by $11 (-0.41%) year-over-year from $2,759 to $2,748. 4-bedroom rentals prices have increased by $6,308 (214.43%) year-over-year from $2,942 to $9,250. 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 3.25% this month. 1-bedroom rents have gone down by 14.78% this month. 2-bedroom rents have gone down by 0.35% this month. 3-bedroom rents have gone down by 3.52% this month. 4-bedroom rents have gone up by 72.38% this month.
Beds
Price / Sqft
Apr 2023 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $27 $1,598 $1,498 (6.70%) $964 (65.74%)
1 BR $22 $1,295 $1,777 (-27.10%) $1,135 (14.10%)
2 BR $21 $2,295 $2,548 (-9.94%) $1,548 (48.26%)
3 BR $20 $2,748 $2,759 (-0.41%) $1,892 (45.24%)
4+ BR $19 $9,250 $2,942 (214.43%) $2,783 (232.42%)

Historical Rents in Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Dallas

There are a total of 34 cities nearby Dallas. The average rent in Dallas is currently $2,138 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 $1,299, is the most affordable city nearby. In contrast, the most expensive city near Dallas, TX is Flower Mound, TX. Monthly rents here are on average $2,688 per month.

Let's compare Dallas, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 4.13% more expensive. Two bedrooms in Dallas, TX are about 13.98% more expensive. Finally, rent for three bedrooms are about 18.70% more expensive. Want more information? Check out the top 10 cities out of 34 total cities near Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,281 $1,508 $1,902 $1,544
Farmers Branch, TX $1,149 $1,412 $1,899 $1,728
Garland, TX $1,100 $1,189 $1,645 $1,948
Mesquite, TX N/A $1,150 $1,642 $2,000
Richardson, TX $1,130 $1,275 $1,700 $2,000
Irving, TX $1,233 $1,275 $1,745 $2,078
Grand Prairie, TX N/A $1,118 $1,617 $2,171
Carrollton, TX $1,189 $1,243 $1,828 $2,200
Plano, TX $1,206 $1,355 $1,800 $2,200
Rowlett, TX N/A $1,265 $1,734 $2,395

Top Neighborhoods Near Dallas

There are a total of 5 neighborhoods in or near Dallas. Some of these neighborhoods include Old East Dallas, Vickery, and Lake Highlands. We've included all of these top 5 neighborhoods in or near Dallas, TX in the following chart.

The average rent for these 5 neighborhoods in or near Dallas, TX is currently around $1,500 per month. A total of 4 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 $1,300 per month. Whereas, at $2,100 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 $1,106 $1,170 $1,573 $1,300
Vickery, Dallas, TX $1,161 $1,192 $1,800 $1,445
Lake Highlands, Dallas, TX $1,311 $1,188 $1,553 $1,500
Downtown Dallas, Dallas, TX $1,415 $1,490 $1,853 $1,775
Oak Lawn, Dallas, TX $1,346 $1,505 $2,500 $2,100

Top Counties Near Dallas

There are a total of 5 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 $2,225. That's roughly around $17 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 $1,608. Vice versa, with an average rent of $2,773, The Colony, TX is the most expensive county by Dallas, TX.

In comparison, rent for one bedroom listings in Dallas, TX is 6.75% more expensive than other counties nearby. Finally, rent for two bedrooms in Dallas, TX is 13.05% 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 $1,780
Northeast Dallas, Dallas, TX $1,228 $1,310 $1,889 $1,800
Arlington, TX $1,190 $1,082 $1,485 $1,995
Southwest Dallas, TX $1,265 $1,273 $1,800 $2,000
Carrollton, Lewisville, TX $1,201 $1,334 $1,888 $2,200
South Rockwall, TX $1,045 $1,052 $1,795 $2,250
Plano, TX $1,160 $1,324 $1,744 $2,293
Northwest Rockwall, Rockwall, TX N/A $1,207 $1,688 $2,298
Forney, TX N/A $1,223 $1,778 $2,350
The Colony, TX $1,173 $1,305 $1,825 $2,773

Top Zipcodes Near Dallas

There are a total of 50 zipcodes in or near Dallas, TX. The average rent for all of these zipcodes is $2,063. A total of 15 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 $1,248 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 Dallas, TX is $1,261 per month. Or in other words, $20 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,801 per month. Which comes out to $19 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 $1,207 $1,372 $1,873 $1,855
75001, Addison, TX $1,281 $1,508 $1,902 $1,544
75204, Dallas, TX $1,201 $1,382 $2,232 $1,799
75219, Dallas, TX $1,395 $1,396 $1,999 $1,850
75070, McKinney, TX N/A $1,325 $1,807 $2,500
75206, Dallas, TX $1,173 $1,305 $2,375 $1,755
76227, Pilot Point-Aubrey, TX N/A $1,350 $1,850 $2,400
76244, Fort Worth, TX N/A $1,100 $1,504 $2,273
75024, Plano, TX $1,338 $1,368 $1,852 $1,694
75126, Forney, TX N/A $1,223 $1,778 $2,350

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 $1,800. 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 $1,230 and an average price per square feet of $26.67. There are a total of 136 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 $1,300 and an average price per square feet of $22.29. There are a total of 810 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 $1,940 and an average price per square feet of $20.75. There are a total of 785 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 0.07%, one bedroom rental prices have changed by -0.27%, two bedroom rental prices have changed by -0.10%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in Dallas, TX?
A reasonable rent price in Dallas, TX is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.
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