Average Rent in Southwest Dallas, TX

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Current Versus Historical Southwest Dallas, TX Rents

Southwest Dallas rentals average $2,000 for a studio rental to $2,735 for a 4-bedroom rental. The median price of all currently available listings is $2,353, or roughly $1 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 $950 (67.88%) year-over-year from $1,400 to $2,350. 1-bedroom rentals prices have decreased by $191 (-12.82%) year-over-year from $1,490 to $1,299. 2-bedroom rentals prices have increased by $54 (2.86%) year-over-year from $1,896 to $1,950. 3-bedroom rentals prices have decreased by $33 (-1.43%) year-over-year from $2,333 to $2,300. 4-bedroom rentals prices have increased by $4 (0.15%) year-over-year from $2,696 to $2,700. 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 26.47% this month. 1-bedroom rents have gone down by 14.67% this month. 2-bedroom rents have gone down by 2.55% this month. 3-bedroom rents have gone down by 2.82% this month. 4-bedroom rents have gone up by 2.53% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.58 $2,350 $1,400 (67.88%) $1,404 (67.34%)
1 BR $2.06 $1,299 $1,490 (-12.82%) $1,499 (-13.36%)
2 BR $1.70 $1,950 $1,896 (2.86%) $1,856 (5.06%)
3 BR $1.43 $2,300 $2,333 (-1.43%) $2,033 (13.15%)
4+ BR $1.26 $2,700 $2,696 (0.15%) $2,182 (23.76%)

Historical Rents in Southwest Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Southwest Dallas

There are a total of 30 cities nearby Southwest Dallas. The average rent in Southwest Dallas is currently $2,348 per month. A total of 15 cities nearby have an average rent lower than that. 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 Southwest Dallas, TX is University Park, TX. Monthly rents here are on average $5,000 per month.

Let's compare Southwest Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Southwest Dallas, TX is 24.64% more expensive than other cities nearby. One bedrooms are about 18.21% more expensive. Two bedrooms in Southwest Dallas, TX are about 2.36% more expensive. Finally, rent for three bedrooms are about 2.07% more affordable. Want more information? Check out the top 10 cities out of 30 total cities near Southwest Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Farmers Branch, TX N/A $1,479 $2,102 $1,609
Euless, TX $3,600 $1,367 $1,725 $1,895
Mesquite, TX $475 N/A N/A $2,025
Arlington, TX $1,600 $1,295 $1,500 $2,143
Mansfield, TX $1,500 $1,427 $1,941 $2,300
Dallas, TX $1,825 $1,360 $2,350 $2,303
Lancaster, TX N/A N/A N/A $2,450
Grand Prairie, TX $2,674 $925 $2,699 $2,600
Irving, TX $2,675 $1,688 $2,100 $2,800
University Park, TX N/A $2,025 $2,950 $5,000

Top Neighborhoods Near Southwest Dallas

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

The average rent for these 4 neighborhoods in or near Southwest Dallas, TX is currently around $1,651 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 Southwest Dallas, 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 Southwest 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 $1,475 $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 Southwest Dallas

There are a total of 4 counties located by Southwest Dallas, TX. Some of these counties include Midlothian, TX, Fort Worth, TX, and Northeast Dallas, Dallas, TX. The average rent for rentals in these counties is $2,398. That's roughly around $1 per sqft. A total of 9 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 $2,971, Celina, TX is the most expensive county by Southwest Dallas, TX.

Typically, rent for studios in Southwest Dallas, TX is 17.94% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Southwest Dallas, TX is 11.48% more expensive than other counties nearby. Finally, rent for two bedrooms in Southwest Dallas, TX is 2.82% more expensive 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
Fort Worth, TX $1,200 $1,500 $1,923 $2,100
Northeast Dallas, Dallas, TX $1,510 $1,417 $2,250 $2,195
Arlington, TX $1,625 $1,295 $1,549 $2,200
Northeast Tarrant, TX $2,282 $1,215 $1,595 $2,350
Forney, TX $23 N/A N/A $2,445
Plano, TX $1,658 $1,400 $2,191 $2,600
Lewisville-Flower Mound, TX $1,565 $1,272 $1,950 $2,600
Carrollton, Lewisville, TX $2,600 $1,559 $2,134 $2,730
The Colony, TX $2,900 N/A $3,000 $2,950

Top Zipcodes Near Southwest Dallas

There are a total of 44 zipcodes in or near Southwest Dallas, TX. The average rent for all of these zipcodes is $2,450. A total of 19 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 $1,300 per month. In comparison, the zipcode with the most expensive average rent of $3,805 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,646. 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 Southwest Dallas, TX is $475 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,017 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Southwest 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
75034, Frisco, TX $1,309 $1,370 $2,166 $2,600
76179, Fort Worth, TX $2,583 N/A $1,850 $2,250
75071, Anna, TX $1,750 $1,833 $2,417 $2,600
75070, McKinney, TX $1,451 $1,660 $2,732 $2,698
75068, Pilot Point-Aubrey, TX $2,695 N/A $2,310 $2,495
76227, Pilot Point-Aubrey, TX $1,800 N/A $2,225 $2,450
75219, Dallas, TX $845 $1,250 $2,488 $2,100
75204, Dallas, TX $1,200 $1,542 $3,000 $2,684
75035, Frisco, TX $3,200 N/A $2,323 $3,095

Frequently Asked Questions - Southwest Dallas Average Rents

What is the average rent price in Southwest Dallas, TX?
The average monthly rental price for Southwest Dallas, TX apartments for rent is approximately $2,353. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Southwest 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 Southwest Dallas, TX.
How much is a studio apartment in Southwest Dallas, TX?
The average monthly rental price for studio apartments is $2,000 and an average price per square feet of $2.58. There are a total of 47 studio apartment listings currently available for rent in Southwest Dallas.
How much is a one bedroom apartment in Southwest Dallas, TX?
The average monthly rental price for one bedroom apartments is $1,450 and an average price per square feet of $2.06. There are a total of 56 one bedroom apartment listings currently available for rent in Southwest Dallas.
How much is a two bedroom apartment in Southwest Dallas, TX?
The average monthly rental price for two bedroom apartments is $1,993 and an average price per square feet of $1.70. There are a total of 82 two bedroom apartment listings currently available for rent in Southwest Dallas.
How have rent prices in Southwest Dallas, TX changed this year?
Rent prices for rentals in Southwest Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.68%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in Southwest Dallas, TX?
A reasonable rent price in Southwest Dallas, TX is around $1,882/month. You can search for these reasonably priced rental listings on RentHop.
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