Average Rent in Downtown Dallas, Dallas, TX

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Current Versus Historical Downtown Dallas, Dallas, TX Rents

Downtown Dallas rentals average $1,596 for a studio rental to $28,000 for a 4-bedroom rental. The median price of all currently available listings is $2,220, or roughly $27 per square feet.

For the apartment units and housing in August 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $43 (2.74%) year-over-year from $1,553 to $1,596. 1-bedroom rentals prices have decreased by $247 (-11.53%) year-over-year from $2,142 to $1,895. 2-bedroom rentals prices have decreased by $2,074 (-46.59%) year-over-year from $4,451 to $2,378. 3-bedroom rentals prices have decreased by $195 (-3.54%) year-over-year from $5,502 to $5,307. 4-bedroom rentals prices have increased by $1,882 (7.21%) year-over-year from $26,118 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 down by 0.51% this month. 1-bedroom rents have gone up by 9.38% this month. 2-bedroom rents have gone up by 4.34% this month. 3-bedroom rents have gone up by 10.07% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$31.45	$1,596	$1,553 (2.74%)	$1,701 (-6.19%)
1 BR	$25.78	$1,895	$2,142 (-11.53%)	$2,720 (-30.34%)
2 BR	$26.73	$2,378	$4,451 (-46.59%)	$4,239 (-43.91%)
3 BR	$33.06	$5,307	$5,502 (-3.54%)	$6,370 (-16.69%)
4+ BR	$71.46	$28,000	$26,118 (7.21%)	$7,853 (256.55%)

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 43 cities nearby Downtown Dallas. The average rent in Downtown Dallas is currently $2,350 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,675, is the most affordable city nearby. In contrast, the most expensive city near Downtown Dallas, Dallas, TX is Southlake, TX. Monthly rents here are on average $6,400 per month.

Let's compare Downtown Dallas, Dallas, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 35.36% more expensive. Two bedrooms in Downtown Dallas, Dallas, TX are about 27.14% more expensive. Finally, rent for three bedrooms are about 55.95% more expensive. Want more information? Check out the top 10 cities out of 43 total cities near Downtown Dallas, Dallas, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Addison, TX	$1,057	$1,400	$1,825	$1,675
Dallas, TX	$1,386	$1,375	$2,000	$2,000
Garland, TX	N/A	$1,000	$1,695	$2,108
Mesquite, TX	N/A	$912	$1,600	$2,150
Irving, TX	N/A	$985	$1,295	$2,300
Carrollton, TX	$2,146	$1,405	$1,972	$2,375
Grand Prairie, TX	N/A	$2,060	$1,550	$2,400
Richardson, TX	N/A	$1,115	$1,995	$2,475
Farmers Branch, TX	N/A	$1,174	$1,995	$2,490
University Park, TX	N/A	$1,650	$3,200	$5,600

Top Neighborhoods Near Downtown Dallas

There are a total of 12 neighborhoods in or near Downtown Dallas. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Vickery. We've included all of these top 12 neighborhoods in or near Downtown Dallas, Dallas, TX in the following table.

The average rent for these 12 neighborhoods in or near Downtown Dallas, Dallas, TX is currently around $2,002 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $2,002. Interestingly, the neighborhoods' average rent is less than Downtown Dallas's average rent, which is actually $2,220. 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 $3,073 average rent per month, Roseland 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	$995	$1,175	$1,395	$1,199
Lake Highlands, Dallas, TX	$1,050	$1,000	$1,490	$1,410
Vickery, Dallas, TX	$1,655	$1,250	$1,700	$1,452
Hillcrest Forest, Dallas, TX	$1,235	$1,465	$1,762	$1,704
Fort Worth Avenue, Dallas, TX	$1,343	$1,391	$2,026	$1,810
Cedar Crest, Dallas, TX	$1,125	$1,300	$1,590	$1,900
North Oaklawn, Dallas, TX	$998	$1,400	$2,620	$2,105
Sendera Ranch, Fort Worth, TX	N/A	N/A	N/A	$2,179
Stonebridge Ranch, McKinney, TX	N/A	N/A	$2,260	$2,500
Valley Ranch, Irving, TX	N/A	N/A	$2,050	$2,950
Oak Lawn, Dallas, TX	$1,658	$2,098	$3,388	$3,030
Roseland, Dallas, TX	$1,405	$2,040	$3,200	$3,073

Top Counties Near Downtown Dallas

There are a total of 33 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 $2,235. That's roughly around $15 per sqft. A total of 16 counties have a lower average rent. The county that is the most affordable is Cleburne, TX. Its average rent per month is $1,488. Vice versa, with an average rent of $3,425, 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 31.40% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Dallas, Dallas, TX is 33.19% 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	$1,055	$1,495	$2,000
Southwest Dallas, TX	$1,170	$1,300	$1,595	$2,050
Northeast Dallas, Dallas, TX	$1,398	$1,392	$2,050	$2,147
Northeast Tarrant, TX	$898	$1,313	$1,600	$2,300
Forney, TX	N/A	$1,300	$1,900	$2,400
South Rockwall, TX	N/A	$1,350	$1,950	$2,400
Carrollton, Lewisville, TX	$1,757	$1,385	$2,000	$2,540
Northwest Rockwall, Rockwall, TX	N/A	$1,295	$1,950	$2,600
Plano, TX	$1,338	$1,225	$2,000	$2,675
The Colony, TX	N/A	$1,946	$2,484	$3,048

Top Zipcodes Near Downtown Dallas

There are a total of 47 zipcodes in or near Downtown Dallas, Dallas, TX. The average rent for all of these zipcodes is $2,395. A total of 20 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 $1,049 per month. In comparison, the zipcode with the most expensive average rent of $4,500 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $900. That's at least $23 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 $1,395 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,889 per month. Which comes out to $19 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	$1,750	$2,009	$3,363	$2,681
75204, Dallas, TX	$1,405	$1,900	$3,179	$2,979
75219, Dallas, TX	$1,498	$1,497	$2,695	$2,395
75203, Dallas, TX	$1,125	$1,262	$1,634	$1,642
75208, Dallas, TX	$1,264	$1,403	$1,945	$1,810
75215, Dallas, TX	$1,405	$1,455	$1,499	$1,997
75205, Highland Park, TX	$1,740	$1,815	$3,500	$4,500
75206, Dallas, TX	$1,580	$1,390	$2,348	$2,045
75235, Dallas, TX	$1,370	$1,409	$2,068	$1,829
75214, Dallas, TX	$885	$1,199	$1,770	$1,725

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 $2,220. 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 $1,596 and an average price per square feet of $31.45. There are a total of 4 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 $1,895 and an average price per square feet of $25.78. There are a total of 39 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 $2,395 and an average price per square feet of $26.73. There are a total of 35 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 0.03%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by -0.47%, three bedroom rental prices have changed by -0.04% 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 $1,776/month. You can search for these reasonably priced rental listings on RentHop.