Average Rent in Northwest Dallas, Dallas, TX

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Current Versus Historical Northwest Dallas, Dallas, TX Rents

Northwest Dallas rentals average $5,690 for a studio rental to $5,000 for a 4-bedroom rental. The median price of all currently available listings is $2,597, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $186 (12.64%) year-over-year from $1,475 to $1,661. 1-bedroom rentals prices have decreased by $411 (-23.12%) year-over-year from $1,776 to $1,365. 2-bedroom rentals prices have decreased by $160 (-6.89%) year-over-year from $2,328 to $2,168. 3-bedroom rentals prices have increased by $866 (29.50%) year-over-year from $2,934 to $3,800. 4-bedroom rentals prices have increased by $317 (7.15%) year-over-year from $4,433 to $4,750. 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 10.18% this month. 1-bedroom rents have gone down by 14.08% this month. 2-bedroom rents have gone down by 3.89% this month. 3-bedroom rents have gone up by 10.04% this month. 4-bedroom rents have gone up by 3.64% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.59 $1,661 $1,475 (12.64%) $1,334 (24.51%)
1 BR $1.99 $1,365 $1,776 (-23.12%) $1,359 (0.48%)
2 BR $1.91 $2,168 $2,328 (-6.89%) $1,871 (15.85%)
3 BR $1.95 $3,800 $2,934 (29.50%) $2,509 (51.47%)
4+ BR $1.98 $4,750 $4,433 (7.15%) $4,319 (9.98%)

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 29 cities nearby Northwest Dallas. The average rent in Northwest Dallas is currently $2,368 per month. A total of 20 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 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 70.56% more expensive than other cities nearby. One bedrooms are about 17.17% more expensive. Two bedrooms in Northwest Dallas, Dallas, TX are about 24.44% more expensive. Finally, rent for three bedrooms are about 43.31% more expensive. Want more information? Check out the top 10 cities out of 29 total cities near Northwest Dallas, Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,267 $1,459 $2,170 $1,525
Farmers Branch, TX N/A $1,476 $2,081 $1,611
Euless, TX $4,850 $1,309 $1,560 $2,000
Garland, TX $2,500 $1,163 $1,513 $2,100
Dallas, TX $1,750 $1,350 $2,338 $2,348
Richardson, TX $3,270 $1,532 $2,197 $2,382
Lewisville, TX $1,629 N/A $2,125 $2,600
Carrollton, TX $2,338 $1,550 $2,100 $2,620
Irving, TX $3,000 $1,613 $2,125 $2,725
University Park, TX N/A N/A $2,950 $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 $1,643 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 $1,300 per month. Whereas, at $3,052 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 $4,325 $1,250 $1,700 $1,300
Lake Highlands, Dallas, TX $609 $1,125 $1,475 $1,448
Downtown Fort Worth, Fort Worth, TX N/A $1,689 $2,642 $1,839
Oak Lawn, Dallas, TX $1,650 $2,052 $3,800 $3,052

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 $2,394. That's roughly around $1 per sqft. A total of 16 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 $2,909, Celina, TX is the most expensive county by Northwest Dallas, Dallas, TX.

Typically, rent for studios in Northwest Dallas, Dallas, TX is 64.67% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Northwest Dallas, Dallas, TX is 13.04% more expensive than other counties nearby. Finally, rent for two bedrooms in Northwest Dallas, Dallas, TX is 18.07% 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 $1,553 $1,399 $2,200 $2,200
Arlington, TX $1,700 $1,295 $1,485 $2,230
Southwest Dallas, TX $2,000 $1,420 $1,850 $2,350
Northeast Tarrant, TX $2,480 $1,205 $1,560 $2,390
Forney, TX $18 N/A N/A $2,397
Plano, TX $1,363 $1,369 $2,175 $2,550
McKinney, TX $2,020 $1,374 $2,050 $2,600
Lewisville-Flower Mound, TX $1,629 $925 $2,200 $2,641
Carrollton, Lewisville, TX $2,600 $1,549 $2,134 $2,698
The Colony, TX $2,900 N/A $2,800 $2,900

Top Zipcodes Near Northwest Dallas

There are a total of 44 zipcodes in or near Northwest Dallas, Dallas, TX. The average rent for all of these zipcodes is $2,400. A total of 35 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 $1,575. 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 Northwest Dallas, Dallas, TX is $963 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,990 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 $1,650 $1,400 $2,400 $2,050
75205, Highland Park, TX $1,925 $1,750 $3,700 $3,850
75234, Farmers Branch, TX $1,475 $1,476 $2,081 $1,581
75204, Dallas, TX $1,700 $1,500 $2,950 $2,500
75206, Dallas, TX $1,095 $1,095 $2,498 $2,195
75208, Dallas, TX $1,178 $1,513 $2,125 $1,758
75214, Dallas, TX $2,999 $1,275 $2,160 $1,875
75001, Addison, TX $1,267 $1,459 $2,168 $1,520
75243, Dallas, TX $17 $1,025 $1,448 $1,250
75067, Lewisville, TX $3,000 N/A $2,500 $2,500

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 $2,597. 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 $5,690 and an average price per square feet of $6.59. 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 $1,325 and an average price per square feet of $1.99. There are a total of 56 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 $2,250 and an average price per square feet of $1.91. There are a total of 81 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 0.13%, one bedroom rental prices have changed by -0.23%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by 0.30% 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 $2,078/month. You can search for these reasonably priced rental listings on RentHop.
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