Average Rent in Sheffield Village, Grand Prairie, TX

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Current Versus Historical Sheffield Village, Grand Prairie, TX Rents

Sheffield Village rentals average $2,450 for a 3-bedroom rental to $2,818 for a 4-bedroom rental. The median price of all currently available listings is $2,785, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. 1-bedroom rentals prices have increased by $148 (10.68%) year-over-year from $1,386 to $1,534. 2-bedroom rentals prices have increased by $96 (5.82%) year-over-year from $1,649 to $1,745. 3-bedroom rentals prices have increased by $331 (15.79%) year-over-year from $2,094 to $2,425. 4-bedroom rentals prices have increased by $89 (3.48%) year-over-year from $2,551 to $2,640. 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. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone up by 5.74% this month. 4-bedroom rents have gone down by 3.53% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
3 BR $1.22 $2,425 $2,094 (15.79%) $1,864 (30.07%)
4+ BR $1.15 $2,640 $2,551 (3.48%) $2,115 (24.82%)

Historical Rents in Sheffield Village, Grand Prairie, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Sheffield Village

There are a total of 14 cities nearby Sheffield Village. The average rent in Sheffield Village is currently $2,500 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,536, is the most affordable city nearby. In contrast, the most expensive city near Sheffield Village, Grand Prairie, TX is University Park, TX. Monthly rents here are on average $5,000 per month.

Let's compare Sheffield Village, Grand Prairie, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Sheffield Village, Grand Prairie, TX is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Sheffield Village, Grand Prairie, TX are about inf% more affordable. Finally, rent for three bedrooms are about 5.10% more affordable. Want more information? Check out the top 10 cities out of 14 total cities near Sheffield Village, Grand Prairie, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,231 $1,464 $2,229 $1,536
Farmers Branch, TX N/A $1,482 $2,102 $1,629
Euless, TX $3,600 $1,309 $1,630 $1,895
Arlington, TX $1,650 $1,295 $1,485 $2,100
North Richland Hills, TX $650 N/A $1,494 $2,150
Mansfield, TX $1,100 $1,398 $1,951 $2,263
Grand Prairie, TX $1,900 $925 $2,200 $2,550
Carrollton, TX $2,338 $1,550 $2,100 $2,598
Irving, TX $2,675 $1,613 $1,999 $2,798
University Park, TX N/A $2,025 $3,075 $5,000

Top Neighborhoods Near Sheffield Village

There are a total of 1 neighborhoods in or near Sheffield Village. We've included all of these top 1 neighborhoods in or near Sheffield Village, Grand Prairie, TX in the following chart.

The average rent for these 1 neighborhoods in or near Sheffield Village, Grand Prairie, TX is currently around $3,052 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Sheffield Village's average rent, which is only $2,785. Out of all the neighborhoods in or near Sheffield Village, Oak Lawn has the most affordable average rent at $3,052 per month. Whereas, at $3,052 average rent per month, Oak Lawn is the most expensive neighborhood in or near Sheffield Village. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Oak Lawn, Dallas, TX $1,650 $2,100 $3,715 $3,052

Top Counties Near Sheffield Village

There are a total of 1 counties located by Sheffield Village, Grand Prairie, TX. Some of these counties include Midlothian, TX, Arlington, TX, and Southwest Dallas, TX. The average rent for rentals in these counties is $2,390. That's roughly around $1 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Midlothian, TX. It's average rent per month is $1,798. Vice versa, with an average rent of $2,900, The Colony, TX is the most expensive county by Sheffield Village, Grand Prairie, TX.

Typically, rent for studios in Sheffield Village, Grand Prairie, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Sheffield Village, Grand Prairie, TX is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Sheffield Village, Grand Prairie, 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
Midlothian, TX N/A N/A $1,595 $1,798
Arlington, TX $1,650 $1,295 $1,495 $2,200
Southwest Dallas, TX $2,000 $1,450 $1,850 $2,350
Northeast Tarrant, TX $2,282 $1,205 $1,560 $2,390
Lewisville-Flower Mound, TX $1,500 $950 $2,000 $2,600
Carrollton, Lewisville, TX $2,600 $1,554 $2,120 $2,750
The Colony, TX $2,900 N/A $2,275 $2,900

Top Zipcodes Near Sheffield Village

There are a total of 17 zipcodes in or near Sheffield Village, Grand Prairie, TX. The average rent for all of these zipcodes is $2,565. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75001, Addison, TX at $1,535 per month. In comparison, the zipcode with the most expensive average rent of $3,830 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,475. That's at least $1 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Sheffield Village, Grand Prairie, TX is $1,414 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,148 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Sheffield Village, Grand Prairie, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
76063, Mansfield, TX $1,100 $1,414 $1,951 $2,250
75208, Dallas, TX $1,350 $1,463 $2,148 $1,750
75219, Dallas, TX $1,650 $1,295 $2,438 $2,100
75204, Dallas, TX $1,176 $1,450 $3,000 $2,762
75205, Highland Park, TX $1,925 $1,863 $3,532 $3,830
75234, Farmers Branch, TX $1,475 $1,482 $2,102 $1,627
75230, Dallas, TX N/A $1,450 $2,200 $2,775
75001, Addison, TX $1,231 $1,464 $2,199 $1,535
75067, Lewisville, TX $3,000 N/A $2,050 $2,565
75287, Dallas, TX $1,658 $1,810 $2,318 $2,235

Frequently Asked Questions - Sheffield Village Average Rents

What is the average rent price in Sheffield Village, Grand Prairie, TX?
The average monthly rental price for Sheffield Village, Grand Prairie, TX apartments for rent is approximately $2,785. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Sheffield Village, Grand Prairie, 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 Sheffield Village, Grand Prairie, TX.
How much is a studio apartment in Sheffield Village, Grand Prairie, 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 Sheffield Village.
How much is a one bedroom apartment in Sheffield Village, Grand Prairie, TX?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Sheffield Village.
How much is a two bedroom apartment in Sheffield Village, Grand Prairie, 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 0 two bedroom apartment listings currently available for rent in Sheffield Village.
How have rent prices in Sheffield Village, Grand Prairie, TX changed this year?
Rent prices for rentals in Sheffield Village, Grand Prairie, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.06%, and three bedroom rental prices have changed by 0.16% year-over-year.
What is a reasonable rent price in Sheffield Village, Grand Prairie, TX?
A reasonable rent price in Sheffield Village, Grand Prairie, TX is around $2,228/month. You can search for these reasonably priced rental listings on RentHop.
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