Average Rent in Deep Ellum, Dallas, TX

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Current Versus Historical Deep Ellum, Dallas, TX Rents

Deep Ellum rentals average $1,448 for a studio rental to $2,366 for a 2-bedroom rental. The median price of all currently available listings is $1,660, or roughly $28 per square feet.
For the apartment units and housing in November 2026, median rents have fallen over the last year. Studio rentals prices have decreased by $109 (-7.24%) year-over-year from $1,505 to $1,396. 1-bedroom rentals prices have decreased by $122 (-7.21%) year-over-year from $1,687 to $1,565. 2-bedroom rentals prices have decreased by $10 (-0.41%) year-over-year from $2,394 to $2,384. 3-bedroom rentals prices have decreased by $724 (-16.45%) year-over-year from $4,402 to $3,678. 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 2.42% this month. 1-bedroom rents have gone down by 1.74% this month. 2-bedroom rents have gone down by 1.30% this month. 3-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Nov 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $31.40 $1,396 $1,505 (-7.24%) $1,430 (-2.40%)
1 BR $27.74 $1,565 $1,687 (-7.21%) $1,660 (-5.74%)
2 BR $26.33 $2,384 $2,394 (-0.41%) $2,559 (-6.83%)

Historical Rents in Deep Ellum, Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Deep Ellum

There are a total of 41 cities nearby Deep Ellum. The average rent in Deep Ellum is currently $2,325 per month. Only one city nearby has an average rent lower than that. Our records show that Greenville, TX, with an average rent of $1,625, is the most affordable city nearby. In contrast, the most expensive city near Deep Ellum, Dallas, TX is University Park, TX. Monthly rents here are on average $6,850 per month.

Let's compare Deep Ellum, Dallas, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 26.04% more expensive. Two bedrooms in Deep Ellum, Dallas, TX are about 26.04% more expensive. Want more information? Check out the top 10 cities out of 41 total cities near Deep Ellum, Dallas, TX in the following table.
City Studio 1 Bed 2 Bed All
Dallas, TX $1,405 $1,450 $2,075 $1,995
Garland, TX $1,285 $1,369 $1,750 $2,000
Mesquite, TX N/A $925 $1,495 $2,099
Farmers Branch, TX N/A $1,200 $1,750 $2,200
Irving, TX $3,350 $1,086 $1,400 $2,300
Rowlett, TX N/A $950 $1,825 $2,415
Carrollton, TX N/A $1,370 $1,850 $2,450
Grand Prairie, TX N/A $1,165 $1,600 $2,450
Richardson, TX N/A $1,115 $1,695 $2,495
University Park, TX N/A $2,180 $3,265 $6,850

Top Neighborhoods Near Deep Ellum

There are a total of 15 neighborhoods in or near Deep Ellum. Some of these neighborhoods include Old East Dallas, RANDCO, and Lake Highlands. We've included all of these top 15 neighborhoods in or near Deep Ellum, Dallas, TX in the following table.

The average rent for these 15 neighborhoods in or near Deep Ellum, Dallas, TX is currently around $1,748 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $1,748. Interestingly, the neighborhoods' average rent is higher than Deep Ellum's average rent, which is only $1,660. Out of all the neighborhoods in or near Deep Ellum, Old East Dallas has the most affordable average rent at $1,195 per month. Whereas, at $3,000 average rent per month, Roseland is the most expensive neighborhood in or near Deep Ellum. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $1,128 $1,095 $1,750 $1,195
RANDCO, Dallas, TX N/A $729 $1,798 $1,338
Lake Highlands, Dallas, TX $1,050 $1,000 $1,421 $1,370
Vickery, Dallas, TX $1,452 $1,200 $1,601 $1,375
Fort Worth Avenue, Dallas, TX $1,343 $1,391 $1,935 $1,491
Lovefield West, Dallas, TX $1,375 $1,599 $2,199 $1,653
Wolf Creek, Dallas, TX N/A $983 $1,150 $1,673
Hillcrest Forest, Dallas, TX $1,135 $1,455 $1,762 $1,748
Cedar Crest, Dallas, TX $995 $1,200 $1,450 $1,900
Sendera Ranch, Fort Worth, TX N/A N/A N/A $2,150
Downtown Dallas, Dallas, TX $1,527 $1,887 $2,533 $2,190
Lower Greenville, Dallas, TX $1,635 $1,523 $2,200 $2,200
North Oaklawn, Dallas, TX $998 $1,400 $2,799 $2,345
Oak Lawn, Dallas, TX $1,700 $2,107 $3,176 $2,500
Roseland, Dallas, TX $1,405 $1,185 $3,050 $3,000

Top Counties Near Deep Ellum

There are a total of 35 counties located by Deep Ellum, Dallas, TX. Some of these counties include Midlothian, TX, Southwest Dallas, TX, and Northeast Dallas, Dallas, TX. The average rent for rentals in these counties is $2,200. That's roughly around $15 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Cleburne, TX. Its average rent per month is $1,555. Vice versa, with an average rent of $3,298, Weatherford Southeast, TX is the most expensive county by Deep Ellum, Dallas, TX.

In comparison, rent for one bedroom listings in Deep Ellum, Dallas, TX is 27.41% more expensive than other counties nearby. Finally, rent for two bedrooms in Deep Ellum, Dallas, TX is 33.43% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Midlothian, TX N/A $1,330 $1,550 $1,863
Southwest Dallas, TX $1,264 $1,200 $1,556 $2,000
Northeast Dallas, Dallas, TX $1,408 $1,463 $2,058 $2,095
Arlington, TX $950 $1,150 $1,570 $2,200
Forney, TX N/A $909 $1,650 $2,315
Northwest Rockwall, Rockwall, TX N/A $1,073 $1,950 $2,500
South Rockwall, TX N/A $1,563 $1,825 $2,500
Carrollton, Lewisville, TX N/A $1,363 $1,870 $2,600
Plano, TX $1,405 $1,224 $1,963 $2,600
The Colony, TX N/A $1,076 $2,250 $2,995

Top Zipcodes Near Deep Ellum

There are a total of 45 zipcodes in or near Deep Ellum, Dallas, TX. The average rent for all of these zipcodes is $2,227. A total of 9 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 $1,233 per month. In comparison, the zipcode with the most expensive average rent of $4,275 per month is 75229, Dallas, TX.

Studios in these zipcodes have an average rent of $895. That's at least $22 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Deep Ellum, Dallas, TX is $1,345 per month. Or in other words, $22 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 Deep Ellum, Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75201, Dallas, TX $1,667 $2,000 $2,920 $2,415
75202, Dallas, TX $1,605 $1,750 $2,513 $2,100
75204, Dallas, TX $1,573 $1,895 $3,100 $2,550
75215, Dallas, TX $1,405 $1,350 $1,835 $1,695
75219, Dallas, TX $1,500 $1,598 $2,500 $2,227
75203, Dallas, TX $1,599 $1,200 $1,605 $1,514
75206, Dallas, TX $1,635 $1,640 $2,465 $2,045
75205, Highland Park, TX $1,778 $2,184 $3,358 $3,193
75208, Dallas, TX $1,343 $1,398 $2,026 $1,795
75214, Dallas, TX $1,000 $1,175 $1,950 $1,795

Frequently Asked Questions - Deep Ellum Average Rents

What is the average rent price in Deep Ellum, Dallas, TX?
The average monthly rental price for Deep Ellum, Dallas, TX apartments for rent is approximately $1,660. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Deep Ellum, 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 Deep Ellum, Dallas, TX.
How much is a studio apartment in Deep Ellum, Dallas, TX?
The average monthly rental price for studio apartments is $1,448 and an average price per square feet of $31.40. There are a total of 8 studio apartment listings currently available for rent in Deep Ellum.
How much is a one bedroom apartment in Deep Ellum, Dallas, TX?
The average monthly rental price for one bedroom apartments is $1,565 and an average price per square feet of $27.74. There are a total of 30 one bedroom apartment listings currently available for rent in Deep Ellum.
How much is a two bedroom apartment in Deep Ellum, Dallas, TX?
The average monthly rental price for two bedroom apartments is $2,366 and an average price per square feet of $26.33. There are a total of 13 two bedroom apartment listings currently available for rent in Deep Ellum.
How have rent prices in Deep Ellum, Dallas, TX changed this year?
Rent prices for rentals in Deep Ellum, Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.07%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by -0.16% year-over-year.
What is a reasonable rent price in Deep Ellum, Dallas, TX?
A reasonable rent price in Deep Ellum, Dallas, TX is around $1,328/month. You can search for these reasonably priced rental listings on RentHop.