Average Rent in Farmers Branch, TX

Home  »  TX  »  Farmers Branch

Current Versus Historical Farmers Branch, TX Rents

Farmers Branch rentals average $1,479 for a 1-bedroom rental to $3,800 for a 4-bedroom rental. The median price of all currently available listings is $1,609, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $372 (25.31%) year-over-year from $1,469 to $1,841. 1-bedroom rentals prices have decreased by $186 (-11.32%) year-over-year from $1,642 to $1,457. 2-bedroom rentals prices have decreased by $141 (-6.30%) year-over-year from $2,244 to $2,103. 3-bedroom rentals prices have increased by $240 (8.76%) year-over-year from $2,735 to $2,975. 4-bedroom rentals prices have increased by $809 (25.74%) year-over-year from $3,141 to $3,950. 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 0.00% this month. 1-bedroom rents have gone down by 10.89% this month. 2-bedroom rents have gone down by 8.31% this month. 3-bedroom rents have gone up by 5.00% this month. 4-bedroom rents have gone up by 14.24% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.12 $1,457 $1,642 (-11.32%) $1,506 (-3.27%)
2 BR $2.00 $2,103 $2,244 (-6.30%) $2,132 (-1.34%)
3 BR $1.63 $2,975 $2,735 (8.76%) $1,878 (58.41%)
4+ BR $1.28 $3,950 $3,141 (25.74%) $2,716 (45.44%)

Historical Rents in Farmers Branch, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Farmers Branch

There are a total of 5 cities nearby Farmers Branch. The average rent in Farmers Branch is currently $2,550 per month. Only one city nearby has an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,534, is the most affordable city nearby. In contrast, the most expensive city near Farmers Branch, TX is University Park, TX. Monthly rents here are on average $5,000 per month.

Let's compare Farmers Branch, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Farmers Branch, TX is inf% more affordable than other cities nearby. One bedrooms are about 4.77% more affordable. Two bedrooms in Farmers Branch, TX are about 1.40% more affordable. Finally, rent for three bedrooms are about 1.82% more affordable. Want more information? Check out the top 5 cities near Farmers Branch, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,202 $1,455 $2,169 $1,534
Richardson, TX $3,140 $1,510 $2,131 $2,300
Carrollton, TX $2,338 $1,550 $2,100 $2,550
Irving, TX $2,675 $1,688 $2,100 $2,800
University Park, TX N/A $2,025 $2,950 $5,000

Top Neighborhoods Near Farmers Branch

There are a total of 1 neighborhoods in or near Farmers Branch. We've included all of these top 1 neighborhoods in or near Farmers Branch, TX in the following chart.

The average rent for these 1 neighborhoods in or near Farmers Branch, TX is currently around $1,463 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Farmers Branch, Lake Highlands has the most affordable average rent at $1,463 per month. Whereas, at $1,463 average rent per month, Lake Highlands is the most expensive neighborhood in or near Farmers Branch. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Lake Highlands, Dallas, TX $1,200 $1,095 $1,475 $1,463

Top Counties Near Farmers Branch

There are a total of 1 counties located by Farmers Branch, TX.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Farmers Branch

There are a total of 6 zipcodes in or near Farmers Branch, TX. The average rent for all of these zipcodes is $1,848. A total of 3 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 $1,300 per month. In comparison, the zipcode with the most expensive average rent of $2,700 per month is 75252, Dallas, TX.

Studios in these zipcodes have an average rent of $1,339. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Farmers Branch, TX is $1,467 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,165 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in Farmers Branch, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75001, Addison, TX $1,202 $1,455 $2,168 $1,533
75243, Dallas, TX $18 $1,000 $1,448 $1,300
75234, Farmers Branch, TX $1,475 $1,479 $2,102 $1,607
75080, Richardson, TX $3,855 $1,515 $2,161 $2,089
75252, Dallas, TX $800 $1,000 $2,185 $2,700
75287, Dallas, TX $1,658 $1,750 $2,200 $2,235

Frequently Asked Questions - Farmers Branch Average Rents

What is the average rent price in Farmers Branch, TX?
The average monthly rental price for Farmers Branch, TX apartments for rent is approximately $1,609. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Farmers Branch, 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 Farmers Branch, TX.
How much is a studio apartment in Farmers Branch, TX?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Farmers Branch.
How much is a one bedroom apartment in Farmers Branch, TX?
The average monthly rental price for one bedroom apartments is $1,479 and an average price per square feet of $2.12. There are a total of 46 one bedroom apartment listings currently available for rent in Farmers Branch.
How much is a two bedroom apartment in Farmers Branch, TX?
The average monthly rental price for two bedroom apartments is $2,102 and an average price per square feet of $2.00. There are a total of 12 two bedroom apartment listings currently available for rent in Farmers Branch.
How have rent prices in Farmers Branch, TX changed this year?
Rent prices for rentals in Farmers Branch, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.25%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.09% year-over-year.
What is a reasonable rent price in Farmers Branch, TX?
A reasonable rent price in Farmers Branch, TX is around $1,287/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast