Average Rent in Northwest Dallas, Dallas, TX

Current Versus Historical Northwest Dallas, Dallas, TX Rents

Northwest Dallas rentals average $6,273 for a studio rental to $4,999 for a 4-bedroom rental. The median price of all currently available listings is $2,525, 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 $4,715 (340.38%) year-over-year from $1,385 to $6,100. 1-bedroom rentals prices have decreased by $220 (-14.05%) year-over-year from $1,568 to $1,348. 2-bedroom rentals prices have increased by $84 (3.85%) year-over-year from $2,167 to $2,250. 3-bedroom rentals prices have increased by $722 (23.28%) year-over-year from $3,103 to $3,825. 4-bedroom rentals prices have decreased by $500 (-10.31%) year-over-year from $4,850 to $4,350. 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 104.21% this month. 1-bedroom rents have gone down by 14.16% this month. 2-bedroom rents have gone down by 2.86% this month. 3-bedroom rents have gone up by 10.60% this month. 4-bedroom rents have gone down by 3.33% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$6,100	$1,385 (340.38%)	$1,363 (347.54%)
1 BR	$1.89	$1,348	$1,568 (-14.05%)	$1,390 (-3.03%)
2 BR	$1.94	$2,250	$2,167 (3.85%)	$1,906 (18.03%)
3 BR	$1.89	$3,825	$3,103 (23.28%)	$2,497 (53.18%)
4+ BR	$1.97	$4,350	$4,850 (-10.31%)	$4,222 (3.03%)

Historical Rents in Northwest Dallas, Dallas, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Northwest Dallas

There are a total of 31 cities nearby Northwest Dallas. The average rent in Northwest Dallas is currently $2,350 per month. A total of 21 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,535, is the most affordable city nearby. In contrast, the most expensive city near Northwest Dallas, Dallas, TX is University Park, TX. Monthly rents here are on average $5,000 per month.

Let's compare Northwest Dallas, Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Northwest Dallas, Dallas, TX is 75.85% more expensive than other cities nearby. One bedrooms are about 15.06% more expensive. Two bedrooms in Northwest Dallas, Dallas, TX are about 15.22% more expensive. Finally, rent for three bedrooms are about 41.36% more expensive. Want more information? Check out the top 10 cities out of 31 total cities near Northwest Dallas, Dallas, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Addison, TX	$1,231	$1,464	$2,199	$1,535
Farmers Branch, TX	N/A	$1,481	$2,103	$1,629
Euless, TX	$3,600	$1,309	$1,630	$1,895
Garland, TX	$2,700	$1,100	$1,515	$2,125
Richardson, TX	$3,140	$1,499	$2,138	$2,300
Dallas, TX	$1,800	$1,350	$2,399	$2,350
Lewisville, TX	$1,515	$1,272	$1,950	$2,500
Carrollton, TX	$2,338	$1,550	$2,100	$2,595
Irving, TX	$2,675	$1,613	$1,999	$2,798
University Park, TX	N/A	$2,025	$3,075	$5,000

Top Neighborhoods Near Northwest Dallas

There are a total of 4 neighborhoods in or near Northwest Dallas. 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 Northwest Dallas, Dallas, TX in the following chart.

The average rent for these 4 neighborhoods in or near Northwest Dallas, 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 Northwest Dallas, 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 Northwest Dallas. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Old East Dallas, Dallas, TX	$1,145	$1,200	$1,595	$1,275
Lake Highlands, Dallas, TX	$1,200	$1,095	$1,485	$1,475
Downtown Fort Worth, Fort Worth, TX	N/A	$1,689	$2,642	$1,839
Oak Lawn, Dallas, TX	$1,650	$2,075	$3,629	$3,000

Top Counties Near Northwest Dallas

There are a total of 4 counties located by Northwest Dallas, 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 $2,395. That's roughly around $1 per sqft. A total of 15 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 $2,925, The Colony, TX is the most expensive county by Northwest Dallas, Dallas, TX.

Typically, rent for studios in Northwest Dallas, Dallas, TX is 70.84% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Northwest Dallas, Dallas, TX is 0.83% more expensive than other counties nearby. Finally, rent for two bedrooms in Northwest Dallas, Dallas, TX is 16.79% more expensive 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	$1,500	$1,399	$2,255	$2,197
Arlington, TX	$1,650	$1,297	$1,537	$2,200
Southwest Dallas, TX	$2,000	$1,440	$1,878	$2,350
Northeast Tarrant, TX	$2,300	$1,205	$1,560	$2,395
Forney, TX	$23	N/A	N/A	$2,425
Plano, TX	$1,658	$1,400	$2,198	$2,600
Lewisville-Flower Mound, TX	$1,500	$1,272	$1,975	$2,600
McKinney, TX	$1,438	$1,369	$2,021	$2,650
Carrollton, Lewisville, TX	$2,600	$1,554	$2,110	$2,695
The Colony, TX	$2,900	N/A	$2,700	$2,925

Top Zipcodes Near Northwest Dallas

There are a total of 43 zipcodes in or near Northwest Dallas, Dallas, TX. The average rent for all of these zipcodes is $2,440. A total of 28 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 $1,350 per month. In comparison, the zipcode with the most expensive average rent of $3,809 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. Meanwhile, two bedroom apartments will cost you an average of $2,000 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Northwest Dallas, Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75219, Dallas, TX	$845	$1,295	$2,400	$2,100
75205, Highland Park, TX	$1,925	$1,863	$3,532	$3,809
75234, Farmers Branch, TX	$1,475	$1,481	$2,103	$1,627
75204, Dallas, TX	$1,176	$1,465	$2,999	$2,760
75206, Dallas, TX	$1,093	$1,095	$2,700	$2,195
75208, Dallas, TX	$1,230	$1,453	$2,100	$1,775
75214, Dallas, TX	$2,425	$1,261	$2,000	$1,973
75001, Addison, TX	$1,231	$1,464	$2,169	$1,533
75243, Dallas, TX	$18	$1,050	$1,495	$1,350
75067, Lewisville, TX	$3,000	N/A	$2,025	$2,565

Frequently Asked Questions - Northwest Dallas Average Rents

What is the average rent price in Northwest Dallas, Dallas, TX?

The average monthly rental price for Northwest Dallas, Dallas, TX apartments for rent is approximately $2,525. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Northwest 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 Northwest Dallas, Dallas, TX.

How much is a studio apartment in Northwest Dallas, Dallas, TX?

The average monthly rental price for studio apartments is $6,273 and an average price per square feet of $0. There are a total of 28 studio apartment listings currently available for rent in Northwest Dallas.

How much is a one bedroom apartment in Northwest Dallas, Dallas, TX?

The average monthly rental price for one bedroom apartments is $1,295 and an average price per square feet of $1.89. There are a total of 59 one bedroom apartment listings currently available for rent in Northwest Dallas.

How much is a two bedroom apartment in Northwest Dallas, Dallas, TX?

The average monthly rental price for two bedroom apartments is $2,300 and an average price per square feet of $1.94. There are a total of 78 two bedroom apartment listings currently available for rent in Northwest Dallas.

How have rent prices in Northwest Dallas, Dallas, TX changed this year?

Rent prices for rentals in Northwest Dallas, Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by 3.40%, one bedroom rental prices have changed by -0.14%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.23% year-over-year.

What is a reasonable rent price in Northwest Dallas, Dallas, TX?

A reasonable rent price in Northwest Dallas, Dallas, TX is around $2,020/month. You can search for these reasonably priced rental listings on RentHop.