Average Rent in Prestonwood 19-20-21, Dallas, TX

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Current Versus Historical Prestonwood 19-20-21, Dallas, TX Rents

Prestonwood 19-20-21 rentals average $1,225 for a 1-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,900, or roughly $2 per square feet.
For the apartment units and housing in June 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $396 (-28.38%) year-over-year from $1,396 to $1,000. 1-bedroom rentals prices have decreased by $150 (-10.91%) year-over-year from $1,375 to $1,225. 2-bedroom rentals prices have increased by $1,160 (56.86%) year-over-year from $2,040 to $3,200. 3-bedroom rentals prices have decreased by $889 (-24.59%) year-over-year from $3,617 to $2,728. 4-bedroom rentals prices have increased by $65 (1.53%) year-over-year from $4,230 to $4,295. 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 5.33% this month. 2-bedroom rents have gone up by 41.01% this month. 3-bedroom rents have gone down by 6.49% this month. 4-bedroom rents have gone down by 0.79% this month.
Beds
Price / Sqft
Jun 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.02 $1,225 $1,375 (-10.91%) $1,360 (-9.93%)

Historical Rents in Prestonwood 19-20-21, Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Prestonwood 19-20-21

There are a total of 34 cities nearby Prestonwood 19-20-21. The average rent in Prestonwood 19-20-21 is currently $2,463 per month. A total of 31 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,560, is the most affordable city nearby. In contrast, the most expensive city near Prestonwood 19-20-21, Dallas, TX is University Park, TX. Monthly rents here are on average $5,500 per month.

Let's compare Prestonwood 19-20-21, Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Prestonwood 19-20-21, Dallas, TX is inf% more affordable than other cities nearby. One bedrooms are about 4.69% more expensive. Two bedrooms in Prestonwood 19-20-21, 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 34 total cities near Prestonwood 19-20-21, Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,195 $1,499 $2,106 $1,560
Farmers Branch, TX $2,375 $1,479 $2,106 $1,849
Garland, TX $2,700 $1,200 $1,595 $2,150
The Colony, TX N/A N/A $1,775 $2,488
Richardson, TX $3,400 $1,481 $2,157 $2,500
Carrollton, TX $2,338 $1,550 $2,200 $2,600
Lewisville, TX $1,662 $1,340 $1,950 $2,600
Plano, TX $1,425 $1,333 $1,914 $2,700
Irving, TX $2,350 $1,900 $2,000 $2,773
University Park, TX N/A $1,850 $3,200 $5,500

Top Neighborhoods Near Prestonwood 19-20-21

There are a total of 3 neighborhoods in or near Prestonwood 19-20-21. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Oak Lawn. We've included all of these top 3 neighborhoods in or near Prestonwood 19-20-21, Dallas, TX in the following chart.

The average rent for these 3 neighborhoods in or near Prestonwood 19-20-21, Dallas, TX is currently around $1,500 per month. A total of 2 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 Prestonwood 19-20-21, Old East Dallas has the most affordable average rent at $1,275 per month. Whereas, at $3,501 average rent per month, Oak Lawn is the most expensive neighborhood in or near Prestonwood 19-20-21. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $1,145 $1,200 $1,550 $1,275
Lake Highlands, Dallas, TX $615 $1,005 $1,593 $1,500
Oak Lawn, Dallas, TX $1,980 $1,993 $4,275 $3,501

Top Counties Near Prestonwood 19-20-21

There are a total of 3 counties located by Prestonwood 19-20-21, Dallas, TX. Some of these counties include Princeton, TX, Northeast Dallas, Dallas, 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 20 counties have a lower average rent. The county that is the most affordable is Greenville, TX. It's average rent per month is $1,750. Vice versa, with an average rent of $3,000, The Colony, TX is the most expensive county by Prestonwood 19-20-21, Dallas, TX.

Typically, rent for studios in Prestonwood 19-20-21, Dallas, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Prestonwood 19-20-21, Dallas, TX is 5.71% more affordable than other counties nearby. Finally, rent for two bedrooms in Prestonwood 19-20-21, 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
Princeton, TX $3,300 N/A $1,298 $2,190
Northeast Dallas, Dallas, TX $1,520 $1,444 $2,176 $2,195
Southwest Dallas, TX $2,000 $1,505 $1,997 $2,365
Northeast Tarrant, TX $2,220 $1,123 $1,600 $2,395
Lewisville-Flower Mound, TX $1,695 $950 $1,950 $2,600
Plano, TX $1,500 $1,456 $2,144 $2,650
McKinney, TX $1,760 $1,376 $2,105 $2,650
Carrollton, Lewisville, TX $2,600 $1,695 $2,300 $2,800
Celina, TX $2,900 $1,520 $2,010 $2,800
The Colony, TX $2,900 N/A $2,950 $3,000

Top Zipcodes Near Prestonwood 19-20-21

There are a total of 48 zipcodes in or near Prestonwood 19-20-21, Dallas, TX. The average rent for all of these zipcodes is $2,498. A total of 38 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 $4,900 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,469. That's at least $0 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,998 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Prestonwood 19-20-21, Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75001, Addison, TX $1,195 $1,499 $2,106 $1,559
75243, Dallas, TX $18 $1,088 $1,550 $1,350
75093, Plano, TX $1,425 N/A $2,200 $3,095
75007, Carrollton, TX $1,154 $1,650 $2,250 $2,600
75234, Farmers Branch, TX $1,750 $1,479 $2,106 $1,750
75024, Plano, TX $1,151 $1,328 $1,907 $2,300
75205, Highland Park, TX $1,925 $1,798 $2,873 $4,900
75023, Plano, TX N/A N/A $1,750 $2,500
75206, Dallas, TX $1,093 $1,323 $2,450 $2,200
75056, Lewisville, TX N/A $1,690 $2,235 $2,650

Frequently Asked Questions - Prestonwood 19-20-21 Average Rents

What is the average rent price in Prestonwood 19-20-21, Dallas, TX?
The average monthly rental price for Prestonwood 19-20-21, Dallas, TX apartments for rent is approximately $2,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Prestonwood 19-20-21, 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 Prestonwood 19-20-21, Dallas, TX.
How much is a studio apartment in Prestonwood 19-20-21, 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 Prestonwood 19-20-21.
How much is a one bedroom apartment in Prestonwood 19-20-21, Dallas, TX?
The average monthly rental price for one bedroom apartments is $1,225 and an average price per square feet of $2.02. There are a total of 2 one bedroom apartment listings currently available for rent in Prestonwood 19-20-21.
How much is a two bedroom apartment in Prestonwood 19-20-21, 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 Prestonwood 19-20-21.
How have rent prices in Prestonwood 19-20-21, Dallas, TX changed this year?
Rent prices for rentals in Prestonwood 19-20-21, Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.28%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by 0.57%, and three bedroom rental prices have changed by -0.25% year-over-year.
What is a reasonable rent price in Prestonwood 19-20-21, Dallas, TX?
A reasonable rent price in Prestonwood 19-20-21, Dallas, TX is around $2,320/month. You can search for these reasonably priced rental listings on RentHop.
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