Average Rent in Government District, Dallas, TX

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Current Versus Historical Government District, Dallas, TX Rents

Government District rentals average $2,498 for a 1-bedroom rental to $0 for a 2-bedroom rental. The median price of all currently available listings is $2,495, 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 $1,141 (79.73%) year-over-year from $1,431 to $2,573. 2-bedroom rentals prices have increased by $213 (10.19%) year-over-year from $2,087 to $2,300. 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 22.37% this month. 2-bedroom rents have gone up by 11.31% 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 $1.86 $2,573 $1,431 (79.73%) $1,287 (99.83%)

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 $2,349 per month. A total of 19 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,525, 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 $5,225 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 61.01% more expensive. Two bedrooms in Government District, Dallas, TX are about inf% more affordable. 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 $1,096 $1,452 $2,170 $1,525
Farmers Branch, TX N/A $1,466 $2,058 $1,599
Mesquite, TX $350 N/A $1,613 $2,100
Garland, TX $2,500 $1,213 $1,450 $2,150
Dallas, TX $1,748 $1,350 $2,350 $2,325
Richardson, TX $3,270 $1,534 $2,204 $2,400
Lancaster, TX N/A N/A N/A $2,450
Grand Prairie, TX $2,000 N/A $1,700 $2,660
Irving, TX $3,000 $1,325 $2,150 $2,750
University Park, TX N/A N/A $2,950 $5,225

Top Neighborhoods Near Government District

There are a total of 4 neighborhoods in or near Government District. Some of these neighborhoods include Lake Highlands, Old East Dallas, 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 $1,568 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, Lake Highlands has the most affordable average rent at $1,295 per month. Whereas, at $3,200 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
Lake Highlands, Dallas, TX $609 $1,095 $1,485 $1,295
Old East Dallas, Dallas, TX $4,325 $1,250 $1,700 $1,298
Downtown Fort Worth, Fort Worth, TX N/A $1,689 $2,600 $1,839
Oak Lawn, Dallas, TX $1,650 $2,175 $3,750 $3,200

Top Counties Near Government District

There are a total of 4 counties located by Government District, Dallas, TX. Some of these counties include Northeast Dallas, Dallas, TX, Arlington, TX, and Southwest Dallas, TX. The average rent for rentals in these counties is $2,374. That's roughly around $1 per sqft. A total of 13 counties have a lower average rent. The county that is the most affordable is Greenville, TX. It's average rent per month is $1,675. Vice versa, with an average rent of $2,950, 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 53.86% more expensive than other counties nearby. Finally, rent for two bedrooms in Government District, Dallas, TX is inf% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Northeast Dallas, Dallas, TX $1,725 $1,396 $2,250 $2,200
Arlington, TX $1,840 $1,295 $1,485 $2,225
Southwest Dallas, TX $2,000 $1,399 $1,850 $2,350
Forney, TX $18 N/A N/A $2,398
Northeast Tarrant, TX $2,495 $1,205 $1,560 $2,400
Plano, TX $1,367 $1,338 $2,190 $2,535
McKinney, TX $2,500 $1,339 $2,050 $2,595
Lewisville-Flower Mound, TX $1,629 $925 $2,050 $2,650
Carrollton, Lewisville, TX $2,600 $1,549 $2,134 $2,700
The Colony, TX $2,900 N/A $2,800 $2,850

Top Zipcodes Near Government District

There are a total of 42 zipcodes in or near Government District, Dallas, TX. The average rent for all of these zipcodes is $2,400. A total of 25 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 $1,200 per month. In comparison, the zipcode with the most expensive average rent of $3,834 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,575. 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 $950 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,915 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 $1,700 $1,453 $2,973 $2,622
75219, Dallas, TX $1,650 $1,395 $2,438 $2,200
75208, Dallas, TX $1,205 $1,533 $1,865 $1,810
75205, Highland Park, TX $1,925 $1,995 $3,700 $3,834
75206, Dallas, TX $1,095 $1,103 $2,595 $2,200
75214, Dallas, TX $2,999 $1,274 $2,150 $1,825
75243, Dallas, TX $17 $1,000 $1,495 $1,200
75234, Farmers Branch, TX $1,475 $1,466 $2,058 $1,598
75001, Addison, TX $1,096 $1,452 $2,169 $1,522
75093, Plano, TX $2,963 N/A $2,075 $3,350

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 $2,495. 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 $2,498 and an average price per square feet of $1.86. There are a total of 4 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 $0 and an average price per square feet of $0.00. There are a total of 1 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 0.80%, two bedroom rental prices have changed by 0.10%, 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 $1,996/month. You can search for these reasonably priced rental listings on RentHop.
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