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 $1,200 for a 1-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $1,300, 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 decreased by $377 (-27.40%) year-over-year from $1,377 to $1,000. 1-bedroom rentals prices have decreased by $139 (-10.35%) year-over-year from $1,339 to $1,200. 2-bedroom rentals prices have decreased by $181 (-9.15%) year-over-year from $1,981 to $1,800. 3-bedroom rentals prices have decreased by $306 (-8.97%) year-over-year from $3,406 to $3,100. 4-bedroom rentals prices have increased by $187 (4.33%) year-over-year from $4,313 to $4,500. 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 1.84% this month. 2-bedroom rents have gone down by 0.15% this month. 3-bedroom rents have gone up by 3.91% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.78 $1,200 $1,339 (-10.35%) $1,314 (-8.64%)

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 31 cities nearby Prestonwood 19-20-21. The average rent in Prestonwood 19-20-21 is currently $2,303 per month. Our records show that Addison, TX, with an average rent of $1,534, 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 $5,000 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 8.33% 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 31 total cities near Prestonwood 19-20-21, Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,202 $1,455 $2,169 $1,534
Farmers Branch, TX N/A $1,479 $2,102 $1,609
Garland, TX $2,850 $1,100 $1,500 $2,150
Richardson, TX $3,140 $1,510 $2,131 $2,300
Lewisville, TX $1,515 $1,272 $1,950 $2,530
Carrollton, TX $2,338 $1,550 $2,100 $2,550
The Colony, TX N/A N/A N/A $2,600
Plano, TX $2,380 $1,272 $2,200 $2,650
Irving, TX $2,675 $1,688 $2,100 $2,800
University Park, TX N/A $2,025 $2,950 $5,000

Top Neighborhoods Near Prestonwood 19-20-21

There are a total of 4 neighborhoods in or near Prestonwood 19-20-21. 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 Prestonwood 19-20-21, Dallas, TX in the following chart.

The average rent for these 4 neighborhoods in or near Prestonwood 19-20-21, Dallas, TX is currently around $1,651 per month. A total of one neighborhood has a lower average rent. Meaning, only three neighborhoods have a higher average rent than $1,651. Interestingly, the neighborhoods' average rent is higher than Prestonwood 19-20-21's average rent, which is only $1,300. 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 $3,052 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 $1,595 $1,275
Lake Highlands, Dallas, TX $1,200 $1,095 $1,475 $1,463
Downtown Fort Worth, Fort Worth, TX N/A $1,689 $2,600 $1,839
Oak Lawn, Dallas, TX $1,815 $1,938 $3,650 $3,052

Top Counties Near Prestonwood 19-20-21

There are a total of 4 counties located by Prestonwood 19-20-21, Dallas, TX. Some of these counties include Princeton, TX, Northeast Dallas, Dallas, TX, and Northeast Tarrant, TX. The average rent for rentals in these counties is $2,374. That's roughly around $1 per sqft. The county that is the most affordable is Greenville, TX. It's average rent per month is $1,683. Vice versa, with an average rent of $2,971, Celina, 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 6.96% 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 $1,200 $2,150
Northeast Dallas, Dallas, TX $1,510 $1,417 $2,250 $2,195
Northeast Tarrant, TX $2,282 $1,215 $1,595 $2,350
Southwest Dallas, TX $2,000 $1,450 $1,993 $2,353
Plano, TX $1,658 $1,400 $2,191 $2,600
Lewisville-Flower Mound, TX $1,565 $1,272 $1,950 $2,600
McKinney, TX $1,438 $1,380 $2,041 $2,650
Carrollton, Lewisville, TX $2,600 $1,559 $2,134 $2,730
The Colony, TX $2,900 N/A $3,000 $2,950
Celina, TX $2,900 $1,787 $2,350 $2,971

Top Zipcodes Near Prestonwood 19-20-21

There are a total of 44 zipcodes in or near Prestonwood 19-20-21, Dallas, TX. The average rent for all of these zipcodes is $2,450.

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 $1,202 $1,455 $2,168 $1,533
75243, Dallas, TX $18 $1,000 $1,448 $1,300
75093, Plano, TX $2,963 N/A $2,280 $3,100
75234, Farmers Branch, TX $1,475 $1,479 $2,102 $1,607
75024, Plano, TX $1,845 $1,272 $1,964 $2,304
75205, Highland Park, TX $1,925 $1,863 $3,495 $3,805
75023, Plano, TX N/A $1,125 $2,350 $2,498
75206, Dallas, TX $1,135 $1,095 $2,595 $2,163
75056, Lewisville, TX N/A $1,553 $2,088 $2,740
75214, Dallas, TX $2,350 $1,261 $2,074 $1,997

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 $1,300. 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 $1,200 and an average price per square feet of $1.78. There are a total of 3 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 -0.27%, one bedroom rental prices have changed by -0.10%, two bedroom rental prices have changed by -0.09%, and three bedroom rental prices have changed by -0.09% 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 $1,040/month. You can search for these reasonably priced rental listings on RentHop.
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