Average Rent in Downtown Dallas, Dallas, TX

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Current Versus Historical Downtown Dallas, Dallas, TX Rents

Downtown Dallas rentals average $1,453 for a studio rental to $28,000 for a 4-bedroom rental. The median price of all currently available listings is $2,159, or roughly $25 per square feet.
For the apartment units and housing in June 2026, median rents have fallen over the last year. Studio rentals prices have increased by $808 (52.40%) year-over-year from $1,542 to $2,350. 1-bedroom rentals prices have decreased by $125 (-5.85%) year-over-year from $2,134 to $2,009. 2-bedroom rentals prices have decreased by $1,767 (-39.56%) year-over-year from $4,467 to $2,700. 3-bedroom rentals prices have decreased by $1,283 (-23.40%) year-over-year from $5,483 to $4,200. 4-bedroom rentals prices have increased by $2,353 (9.17%) year-over-year from $25,647 to $28,000. 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 26.89% this month. 1-bedroom rents have gone up by 7.71% this month. 2-bedroom rents have gone down by 6.21% this month. 3-bedroom rents have gone down by 12.68% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $25.18 $2,350 $1,542 (52.40%) $1,516 (55.05%)
1 BR $27.51 $2,009 $2,134 (-5.85%) $2,345 (-14.33%)
2 BR $21.03 $2,700 $4,467 (-39.56%) $3,685 (-26.72%)
3 BR $25.26 $4,200 $5,483 (-23.40%) $4,700 (-10.63%)
4+ BR $71.46 $28,000 $25,647 (9.17%) $5,700 (391.23%)

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 39 cities nearby Downtown Dallas. The average rent in Downtown Dallas is currently $2,400 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,548, 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 $6,198 per month.

Let's compare Downtown Dallas, Dallas, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 24.53% more expensive. Two bedrooms in Downtown Dallas, Dallas, TX are about 39.14% more expensive. Finally, rent for three bedrooms are about 52.21% more expensive. Want more information? Check out the top 10 cities out of 39 total cities near Downtown Dallas, Dallas, TX in the following table.
City Studio 1 Bed 2 Bed All
Addison, TX $1,099 $1,388 $1,813 $1,548
Garland, TX $925 $1,299 $1,600 $2,050
Richardson, TX $1,221 $1,459 $1,887 $2,150
Dallas, TX $1,192 $1,425 $2,300 $2,200
Mesquite, TX N/A $654 $1,775 $2,200
Irving, TX N/A $1,001 $1,300 $2,245
Carrollton, TX $2,146 $1,310 $2,000 $2,400
Grand Prairie, TX N/A $1,165 $1,550 $2,500
Farmers Branch, TX N/A $1,500 $1,995 $2,990
University Park, TX N/A $1,598 $3,625 $6,198

Top Neighborhoods Near Downtown Dallas

There are a total of 10 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 10 neighborhoods in or near Downtown Dallas, Dallas, TX in the following table.

The average rent for these 10 neighborhoods in or near Downtown Dallas, Dallas, TX is currently around $2,363 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $2,363. Interestingly, the neighborhoods' average rent is higher than Downtown Dallas's average rent, which is only $2,159. Out of all the neighborhoods in or near Downtown Dallas, Old East Dallas has the most affordable average rent at $1,295 per month. Whereas, at $3,285 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 $920 $1,170 $1,495 $1,295
Lake Highlands, Dallas, TX $1,200 $1,002 $1,500 $1,551
Cedar Crest, Dallas, TX $1,110 $1,068 $1,650 $1,850
North Oaklawn, Dallas, TX $950 $1,325 $2,998 $1,895
Sendera Ranch, Fort Worth, TX N/A N/A N/A $2,250
Lower Greenville, Dallas, TX $1,000 $1,473 $3,048 $2,475
Stonebridge Ranch, McKinney, TX N/A $1,200 $2,525 $2,725
Valley Ranch, Irving, TX N/A $1,266 $1,942 $2,850
Roseland, Dallas, TX $700 $1,175 $3,323 $3,200
Oak Lawn, Dallas, TX $1,831 $2,257 $3,652 $3,285

Top Counties Near Downtown Dallas

There are a total of 29 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 $2,300. That's roughly around $16 per sqft. A total of 12 counties have a lower average rent. The county that is the most affordable is Greenville, TX. Its average rent per month is $1,700. Vice versa, with an average rent of $3,075, The Colony, TX is the most expensive county by Downtown Dallas, Dallas, TX.

Typically, rent for studios in Downtown Dallas, Dallas, TX is 43.22% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Dallas, Dallas, TX is 30.53% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Dallas, Dallas, TX is 41.71% 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 $763 $1,040 $1,483 $1,947
Southwest Dallas, TX $1,137 $1,300 $1,650 $2,150
Northeast Dallas, Dallas, TX $1,128 $1,444 $2,219 $2,200
Forney, TX N/A $1,200 $1,700 $2,350
South Rockwall, TX N/A $1,400 $2,098 $2,375
Northeast Tarrant, TX $1,101 $1,288 $1,600 $2,400
Carrollton, Lewisville, TX $3,200 $1,180 $2,025 $2,495
Plano, TX $1,325 $1,489 $1,970 $2,500
Northwest Rockwall, Rockwall, TX N/A $1,295 $2,500 $2,750
The Colony, TX N/A $1,870 $2,104 $3,075

Top Zipcodes Near Downtown Dallas

There are a total of 46 zipcodes in or near Downtown Dallas, Dallas, TX. The average rent for all of these zipcodes is $2,368. A total of 19 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 $1,071 per month. In comparison, the zipcode with the most expensive average rent of $5,500 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $999. 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 Downtown Dallas, Dallas, TX is $1,389 per month. Or in other words, $24 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,945 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 $1,453 $1,931 $3,388 $3,172
75204, Dallas, TX $750 $1,697 $3,000 $2,700
75219, Dallas, TX $963 $1,569 $2,800 $2,380
75203, Dallas, TX $1,073 $1,390 $1,800 $1,747
75208, Dallas, TX $1,192 $1,425 $2,057 $1,883
75215, Dallas, TX $2,295 $1,490 $1,934 $2,110
75205, Highland Park, TX $1,815 $2,078 $4,325 $5,500
75206, Dallas, TX $1,038 $1,545 $2,583 $2,200
75235, Dallas, TX $999 $1,400 $2,250 $2,098
75214, Dallas, TX $1,045 $1,197 $1,850 $1,798

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 $2,159. 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 $1,453 and an average price per square feet of $25.18. There are a total of 11 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 $1,749 and an average price per square feet of $27.51. There are a total of 41 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 $2,917 and an average price per square feet of $21.03. There are a total of 56 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 0.52%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by -0.40%, three bedroom rental prices have changed by -0.23% 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 $1,727/month. You can search for these reasonably priced rental listings on RentHop.
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