Average Rent in Downtown Dallas, Dallas, TX

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Current Versus Historical Downtown Dallas, Dallas, TX Rents

Downtown Dallas rentals average $1,434 for a studio rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $2,150, or roughly $27 per square feet.
For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $142 (-9.21%) year-over-year from $1,542 to $1,400. 1-bedroom rentals prices have decreased by $268 (-12.39%) year-over-year from $2,163 to $1,895. 2-bedroom rentals prices have decreased by $1,286 (-30.00%) year-over-year from $4,286 to $3,000. 3-bedroom rentals prices have decreased by $501 (-9.39%) year-over-year from $5,339 to $4,838. 4-bedroom rentals prices have decreased by $22,088 (-83.08%) year-over-year from $26,588 to $4,500. 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 9.48% this month. 1-bedroom rents have gone up by 8.16% this month. 2-bedroom rents have gone up by 18.58% this month. 3-bedroom rents have gone down by 12.64% this month. 4-bedroom rents have gone down by 46.53% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $24.95 $1,400 $1,542 (-9.21%) $1,812 (-22.74%)
1 BR $27.97 $1,895 $2,163 (-12.39%) $2,976 (-36.32%)
2 BR $26.11 $3,000 $4,286 (-30.00%) $4,629 (-35.19%)
3 BR $36.63 $4,838 $5,339 (-9.39%) $7,551 (-35.94%)
4+ BR $21.41 $4,500 $26,588 (-83.08%) $10,006 (-55.03%)

Historical Rents in Downtown Dallas, Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Downtown Dallas

There are a total of 41 cities nearby Downtown Dallas. The average rent in Downtown Dallas is currently $2,310 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,649, is the most affordable city nearby. In contrast, the most expensive city near Downtown Dallas, Dallas, TX is University Park, TX. Monthly rents here are on average $6,600 per month.

Let's compare Downtown Dallas, Dallas, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 34.02% more expensive. Two bedrooms in Downtown Dallas, Dallas, TX are about 28.95% more expensive. Finally, rent for three bedrooms are about 55.00% more expensive. Want more information? Check out the top 10 cities out of 41 total cities near Downtown Dallas, Dallas, TX in the following table.
City Studio 1 Bed 2 Bed All
Addison, TX $1,057 $1,325 $1,842 $1,649
Garland, TX $1,269 $1,235 $1,715 $2,023
DeSoto, TX N/A $1,020 $1,550 $2,150
Mesquite, TX N/A $654 $1,548 $2,195
Richardson, TX $1,221 $1,489 $1,906 $2,200
Dallas, TX $1,293 $1,415 $2,213 $2,266
Irving, TX N/A $946 $1,221 $2,325
Grand Prairie, TX N/A $1,282 $1,500 $2,450
Farmers Branch, TX N/A $1,689 $2,250 $2,848
University Park, TX N/A $2,075 $3,498 $6,600

Top Neighborhoods Near Downtown Dallas

There are a total of 7 neighborhoods in or near Downtown Dallas. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Cedar Crest. We've included all of these top 7 neighborhoods in or near Downtown Dallas, Dallas, TX in the following table.

The average rent for these 7 neighborhoods in or near Downtown Dallas, Dallas, TX is currently around $2,150 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,150. Interestingly, the neighborhoods' average rent is equivalent to Downtown Dallas's average rent, which is also $2,150. Out of all the neighborhoods in or near Downtown Dallas, Old East Dallas has the most affordable average rent at $1,199 per month. Whereas, at $3,195 average rent per month, Oak Lawn is the most expensive neighborhood in or near Downtown Dallas. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $1,066 $1,099 $1,800 $1,199
Lake Highlands, Dallas, TX N/A $975 $1,473 $1,551
Cedar Crest, Dallas, TX N/A $935 $1,495 $1,900
Sendera Ranch, Fort Worth, TX N/A N/A N/A $2,150
Lower Greenville, Dallas, TX $953 $1,350 $2,550 $2,200
North Oaklawn, Dallas, TX $998 $1,450 $2,895 $2,420
Oak Lawn, Dallas, TX $1,847 $2,288 $3,545 $3,195

Top Counties Near Downtown Dallas

There are a total of 34 counties located by Downtown Dallas, Dallas, TX. Some of these counties include Arlington, TX, Southwest Dallas, TX, and Northeast Dallas, Dallas, TX. The average rent for rentals in these counties is $2,200. That's roughly around $16 per sqft. A total of 14 counties have a lower average rent. The county that is the most affordable is Cleburne, TX. Its average rent per month is $1,650. Vice versa, with an average rent of $3,400, Weatherford Southeast, TX is the most expensive county by Downtown Dallas, Dallas, TX.

In comparison, rent for one bedroom listings in Downtown Dallas, Dallas, TX is 32.37% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Dallas, Dallas, TX is 34.64% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Arlington, TX $845 $1,033 $1,450 $1,959
Southwest Dallas, TX $1,279 $1,265 $1,575 $2,200
Northeast Dallas, Dallas, TX $1,173 $1,450 $2,100 $2,250
Northeast Tarrant, TX $1,101 $1,288 $1,700 $2,298
Forney, TX N/A $1,300 $1,700 $2,375
South Rockwall, TX N/A $1,450 $1,850 $2,475
Plano, TX $1,342 $1,495 $2,095 $2,575
Northwest Rockwall, Rockwall, TX N/A N/A $1,873 $2,595
Carrollton, Lewisville, TX $3,200 $1,570 $2,100 $2,738
The Colony, TX N/A $1,870 $2,488 $2,950

Top Zipcodes Near Downtown Dallas

There are a total of 42 zipcodes in or near Downtown Dallas, Dallas, TX. The average rent for all of these zipcodes is $2,373. A total of 14 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 76010, Arlington, TX at $1,195 per month. In comparison, the zipcode with the most expensive average rent of $4,521 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $365. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Downtown Dallas, Dallas, TX is $1,398 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,060 per month. Which comes out to $21 per sqft. The following table includes the top 10 zipcodes in Downtown Dallas, 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 $1,444 $2,155 $3,661 $3,196
75204, Dallas, TX $1,500 $1,830 $3,200 $3,151
75219, Dallas, TX $938 $1,598 $2,700 $2,500
75203, Dallas, TX $1,649 $1,200 $1,950 $1,874
75208, Dallas, TX $1,140 $1,400 $2,060 $1,750
75215, Dallas, TX N/A $1,375 $2,395 $2,000
75205, Highland Park, TX $1,745 $2,035 $3,800 $4,521
75206, Dallas, TX $1,060 $1,395 $2,650 $2,350
75235, Dallas, TX $999 $1,288 $2,221 $2,325
75214, Dallas, TX $850 $1,195 $2,095 $1,975

Frequently Asked Questions - Downtown Dallas Average Rents

What is the average rent price in Downtown Dallas, Dallas, TX?
The average monthly rental price for Downtown Dallas, Dallas, TX apartments for rent is approximately $2,150. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Downtown 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 Downtown Dallas, Dallas, TX.
How much is a studio apartment in Downtown Dallas, Dallas, TX?
The average monthly rental price for studio apartments is $1,434 and an average price per square feet of $24.95. There are a total of 9 studio apartment listings currently available for rent in Downtown Dallas.
How much is a one bedroom apartment in Downtown Dallas, Dallas, TX?
The average monthly rental price for one bedroom apartments is $1,887 and an average price per square feet of $27.97. There are a total of 36 one bedroom apartment listings currently available for rent in Downtown Dallas.
How much is a two bedroom apartment in Downtown Dallas, Dallas, TX?
The average monthly rental price for two bedroom apartments is $2,425 and an average price per square feet of $26.11. There are a total of 32 two bedroom apartment listings currently available for rent in Downtown Dallas.
How have rent prices in Downtown Dallas, Dallas, TX changed this year?
Rent prices for rentals in Downtown Dallas, Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.09%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by -0.30%, three bedroom rental prices have changed by -0.09% year-over-year.
What is a reasonable rent price in Downtown Dallas, Dallas, TX?
A reasonable rent price in Downtown Dallas, Dallas, TX is around $1,720/month. You can search for these reasonably priced rental listings on RentHop.