Average Rent in Dallas, TX

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Current Versus Historical Dallas, TX Rents

Dallas rentals average $1,397 for a studio rental to $4,200 for a 4-bedroom rental. The median price of all currently available listings is $2,395, or roughly $2 per square feet.
For the apartment units and housing in February 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $164 (-10.48%) year-over-year from $1,562 to $1,398. 1-bedroom rentals prices have decreased by $380 (-21.63%) year-over-year from $1,755 to $1,375. 2-bedroom rentals prices have decreased by $414 (-16.46%) year-over-year from $2,514 to $2,100. 3-bedroom rentals prices have decreased by $1 (-0.03%) year-over-year from $2,946 to $2,945. 4-bedroom rentals prices have increased by $312 (9.41%) year-over-year from $3,313 to $3,625. 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 7.64% this month. 1-bedroom rents have gone down by 13.12% this month. 2-bedroom rents have gone down by 10.46% this month. 3-bedroom rents have gone down by 1.13% this month. 4-bedroom rents have gone up by 9.02% this month.
Beds
Price / Sqft
Feb 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.86 $1,398 $1,562 (-10.48%) $1,260 (10.95%)
1 BR $1.98 $1,375 $1,755 (-21.63%) $1,399 (-1.74%)
2 BR $1.90 $2,100 $2,514 (-16.46%) $1,955 (7.41%)
3 BR $1.72 $2,945 $2,946 (-0.03%) $2,392 (23.11%)
4+ BR $1.77 $3,625 $3,313 (9.41%) $2,884 (25.69%)

Historical Rents in Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Dallas

There are a total of 26 cities nearby Dallas. The average rent in Dallas is currently $2,399 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,585, 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 $2,900 per month.

Let's compare Dallas, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 17.72% more expensive. Two bedrooms in Dallas, TX are about 24.64% more expensive. Finally, rent for three bedrooms are about 23.66% more expensive. Want more information? Check out the top 10 cities out of 26 total cities near Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,175 $1,434 $2,077 $1,585
Farmers Branch, TX N/A $1,451 $2,004 $1,725
Garland, TX N/A $1,195 $1,500 $1,999
Mesquite, TX N/A N/A $1,575 $2,195
Carrollton, TX N/A $1,595 $2,134 $2,398
Richardson, TX $1,224 $1,433 $1,843 $2,400
Rowlett, TX N/A N/A $1,500 $2,400
Irving, TX N/A $2,100 $2,100 $2,600
Grand Prairie, TX N/A N/A $2,475 $2,625
Plano, TX N/A $1,322 $1,814 $2,695

Top Neighborhoods Near Dallas

There are a total of 5 neighborhoods in or near Dallas. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Downtown Fort Worth. 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 $1,729 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 $1,395 per month. Whereas, at $2,973 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 N/A $1,300 $1,499 $1,395
Lake Highlands, Dallas, TX N/A $1,050 $1,899 $1,595
Downtown Fort Worth, Fort Worth, TX N/A $1,689 $2,684 $1,729
North Oaklawn, Dallas, TX N/A $1,400 $2,450 $2,300
Oak Lawn, Dallas, TX N/A $1,903 $3,612 $2,973

Top Counties Near Dallas

There are a total of 5 counties located by Dallas, TX. Some of these counties include Midlothian, TX, Northeast Dallas, Dallas, TX, and Arlington, TX. The average rent for rentals in these counties is $2,350. That's roughly around $1 per sqft. A total of 12 counties have a lower average rent. The county that is the most affordable is Greenville, TX. It's average rent per month is $1,698. 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 3.35% more expensive than other counties nearby. Finally, rent for two bedrooms in Dallas, TX is 18.13% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Midlothian, TX N/A $1,450 $1,595 $1,923
Northeast Dallas, Dallas, TX $1,185 $1,423 $2,200 $2,200
Arlington, TX N/A $1,295 $1,525 $2,295
Forney, TX N/A N/A N/A $2,350
Southwest Dallas, TX $1,250 $1,575 $1,975 $2,350
Northeast Tarrant, TX N/A $1,195 $1,950 $2,350
Carrollton, Lewisville, TX N/A $1,589 $2,235 $2,499
Plano, TX $1,224 $1,406 $1,884 $2,650
Lewisville-Flower Mound, TX N/A $933 $1,923 $2,650
The Colony, TX N/A N/A $2,363 $2,850

Top Zipcodes Near Dallas

There are a total of 40 zipcodes in or near Dallas, TX. The average rent for all of these zipcodes is $2,398. A total of 20 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 $1,200 per month. In comparison, the zipcode with the most expensive average rent of $3,972 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 $525 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,929 per month. Which comes out to $2 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
75001, Addison, TX $1,175 $1,434 $2,077 $1,579
75034, Frisco, TX $1,202 $1,363 $2,088 $2,435
76179, Fort Worth, TX N/A N/A $1,299 $2,275
75071, Anna, TX N/A $1,718 $2,254 $2,500
75070, McKinney, TX N/A $1,505 $2,310 $2,600
75068, Pilot Point-Aubrey, TX N/A N/A $2,058 $2,450
76227, Pilot Point-Aubrey, TX N/A N/A $1,700 $2,450
75219, Dallas, TX $1,650 $1,350 $2,400 $2,300
75204, Dallas, TX $1,600 $1,722 $2,923 $2,500
75035, Frisco, TX N/A N/A $2,800 $2,995

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 $2,395. 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 $1,397 and an average price per square feet of $2.86. There are a total of 16 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 $1,425 and an average price per square feet of $1.98. There are a total of 391 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 $2,365 and an average price per square feet of $1.90. There are a total of 505 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 -0.10%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by -0.16%, 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 $1,916/month. You can search for these reasonably priced rental listings on RentHop.
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