Average Rent in Government District, Dallas, TX

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Current Versus Historical Government District, Dallas, TX Rents

Government District rentals average $2,395 for a 1-bedroom rental to $2,300 for a 2-bedroom rental. The median price of all currently available listings is $2,395, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $101 (-8.00%) year-over-year from $1,266 to $1,165. 1-bedroom rentals prices have increased by $519 (36.24%) year-over-year from $1,431 to $1,950. 2-bedroom rentals prices have decreased by $417 (-19.99%) year-over-year from $2,087 to $1,670. 3-bedroom rentals prices have decreased by $617 (-18.54%) year-over-year from $3,326 to $2,709. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,245 to $1,245. 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 up by 2.92% this month. 2-bedroom rents have gone down by 10.04% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.72 $1,950 $1,431 (36.24%) $1,287 (51.48%)
2 BR $1.63 $1,670 $2,087 (-19.99%) $1,867 (-10.54%)

Historical Rents in Government District, Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Government District

There are a total of 30 cities nearby Government District. The average rent in Government District is currently $2,370 per month. A total of 17 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,539, is the most affordable city nearby. In contrast, the most expensive city near Government District, Dallas, TX is University Park, TX. Monthly rents here are on average $5,000 per month.

Let's compare Government District, Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Government District, Dallas, TX is inf% more affordable than other cities nearby. One bedrooms are about 47.62% more expensive. Two bedrooms in Government District, Dallas, TX are about 18.48% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 30 total cities near Government District, Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,265 $1,475 $2,206 $1,539
Farmers Branch, TX N/A $1,484 $2,103 $1,628
Garland, TX $2,500 $1,125 $1,515 $2,050
Mesquite, TX $350 N/A N/A $2,053
Richardson, TX $3,140 $1,504 $2,203 $2,350
Dallas, TX $1,825 $1,350 $2,350 $2,395
Lancaster, TX N/A N/A N/A $2,450
Grand Prairie, TX $1,900 $925 $1,950 $2,599
Irving, TX $3,000 $1,613 $2,150 $2,800
University Park, TX N/A $2,025 $2,950 $5,000

Top Neighborhoods Near Government District

There are a total of 4 neighborhoods in or near Government District. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Downtown Fort Worth. We've included all of these top 4 neighborhoods in or near Government District, Dallas, TX in the following chart.

The average rent for these 4 neighborhoods in or near Government District, Dallas, TX is currently around $1,657 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Government District, Old East Dallas has the most affordable average rent at $1,275 per month. Whereas, at $3,000 average rent per month, Oak Lawn is the most expensive neighborhood in or near Government District. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $1,145 $1,225 $1,699 $1,275
Lake Highlands, Dallas, TX $609 $1,123 $1,475 $1,475
Downtown Fort Worth, Fort Worth, TX N/A $1,689 $2,642 $1,839
Oak Lawn, Dallas, TX $1,650 $2,100 $3,715 $3,000

Top Counties Near Government District

There are a total of 4 counties located by Government District, Dallas, TX. Some of these counties include Midlothian, TX, Northeast Dallas, Dallas, TX, and Arlington, TX. The average rent for rentals in these counties is $2,373. That's roughly around $1 per sqft. A total of 12 counties have a lower average rent. The county that is the most affordable is Greenville, TX. It's average rent per month is $1,693. Vice versa, with an average rent of $2,936, Celina, TX is the most expensive county by Government District, Dallas, TX.

Typically, rent for studios in Government District, Dallas, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Government District, Dallas, TX is 46.92% more expensive than other counties nearby. Finally, rent for two bedrooms in Government District, Dallas, TX is 20.46% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Midlothian, TX N/A $1,248 $1,595 $1,798
Northeast Dallas, Dallas, TX $1,500 $1,405 $2,250 $2,200
Arlington, TX $1,700 $1,295 $1,485 $2,200
Southwest Dallas, TX $1,925 $1,428 $1,850 $2,350
Northeast Tarrant, TX $2,350 $1,205 $1,560 $2,395
Forney, TX $23 N/A N/A $2,400
Plano, TX $1,425 $1,358 $2,150 $2,550
Lewisville-Flower Mound, TX $1,565 $950 $2,050 $2,600
Carrollton, Lewisville, TX $2,600 $1,554 $2,134 $2,708
The Colony, TX $2,900 N/A $2,700 $2,900

Top Zipcodes Near Government District

There are a total of 43 zipcodes in or near Government District, Dallas, TX. The average rent for all of these zipcodes is $2,400. A total of 20 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 $1,250 per month. In comparison, the zipcode with the most expensive average rent of $3,850 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,475. That's at least $0 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Government District, Dallas, TX is $1,050 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,995 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Government District, Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75204, Dallas, TX $1,176 $1,458 $3,000 $2,805
75219, Dallas, TX $1,650 $1,425 $2,475 $2,199
75208, Dallas, TX $1,365 $1,463 $2,100 $1,793
75205, Highland Park, TX $1,925 $1,850 $3,569 $3,850
75206, Dallas, TX $1,135 $1,095 $2,648 $2,198
75214, Dallas, TX $2,425 $1,275 $2,200 $1,950
75243, Dallas, TX $17 $1,050 $1,495 $1,250
75234, Farmers Branch, TX $1,475 $1,484 $2,103 $1,624
75001, Addison, TX $1,265 $1,475 $2,169 $1,538
75093, Plano, TX $2,963 N/A $2,200 $3,450

Frequently Asked Questions - Government District Average Rents

What is the average rent price in Government District, Dallas, TX?
The average monthly rental price for Government District, Dallas, TX apartments for rent is approximately $2,395. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Government District, 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 Government District, Dallas, TX.
How much is a studio apartment in Government District, Dallas, 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 Government District.
How much is a one bedroom apartment in Government District, Dallas, TX?
The average monthly rental price for one bedroom apartments is $2,395 and an average price per square feet of $1.72. There are a total of 3 one bedroom apartment listings currently available for rent in Government District.
How much is a two bedroom apartment in Government District, Dallas, TX?
The average monthly rental price for two bedroom apartments is $2,300 and an average price per square feet of $1.63. There are a total of 2 two bedroom apartment listings currently available for rent in Government District.
How have rent prices in Government District, Dallas, TX changed this year?
Rent prices for rentals in Government District, Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.08%, one bedroom rental prices have changed by 0.36%, two bedroom rental prices have changed by -0.20%, and three bedroom rental prices have changed by -0.19% year-over-year.
What is a reasonable rent price in Government District, Dallas, TX?
A reasonable rent price in Government District, Dallas, TX is around $1,916/month. You can search for these reasonably priced rental listings on RentHop.
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