Average Rent in Dallas, TX

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Current Versus Historical Dallas, TX Rents

Dallas rentals average $1,800 for a studio rental to $4,295 for a 4-bedroom rental. The median price of all currently available listings is $2,325, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $322 (22.30%) year-over-year from $1,444 to $1,766. 1-bedroom rentals prices have increased by $425 (27.83%) year-over-year from $1,528 to $1,953. 2-bedroom rentals prices have increased by $783 (36.34%) year-over-year from $2,154 to $2,936. 3-bedroom rentals prices have increased by $368 (12.99%) year-over-year from $2,832 to $3,200. 4-bedroom rentals prices have increased by $633 (18.81%) year-over-year from $3,367 to $4,000. 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 8.77% this month. 1-bedroom rents have gone up by 10.87% this month. 2-bedroom rents have gone up by 12.26% this month. 3-bedroom rents have gone up by 5.79% this month. 4-bedroom rents have gone up by 11.63% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.18 $1,766 $1,444 (22.30%) $1,452 (21.67%)
1 BR $2.02 $1,953 $1,528 (27.83%) $1,544 (26.49%)
2 BR $1.92 $2,936 $2,154 (36.34%) $2,210 (32.87%)
3 BR $1.75 $3,200 $2,832 (12.99%) $2,665 (20.06%)
4+ BR $1.73 $4,000 $3,367 (18.81%) $3,099 (29.07%)

Historical Rents in Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Dallas

There are a total of 31 cities nearby Dallas. The average rent in Dallas is currently $2,448 per month. A total of 14 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,539, is the most affordable city nearby. In contrast, the most expensive city near Dallas, TX is University Park, TX. Monthly rents here are on average $5,400 per month.

Let's compare Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Dallas, TX is 11.11% more expensive than other cities nearby. One bedrooms are about 27.27% more expensive. Two bedrooms in Dallas, TX are about 17.61% more expensive. Finally, rent for three bedrooms are about 20.00% more expensive. Want more information? Check out the top 10 cities out of 31 total cities near Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,231 $1,489 $2,142 $1,539
Farmers Branch, TX N/A $1,479 $2,100 $1,619
Mesquite, TX $600 N/A $1,750 $2,095
Garland, TX $2,700 $1,150 $1,515 $2,150
Richardson, TX $2,800 $1,468 $2,099 $2,250
Rowlett, TX $21 N/A $1,963 $2,400
Lancaster, TX N/A N/A $1,598 $2,450
Carrollton, TX $2,338 $1,600 $2,050 $2,625
Irving, TX $3,000 $1,900 $2,050 $2,800
University Park, TX N/A $2,025 $2,950 $5,400

Top Neighborhoods Near Dallas

There are a total of 3 neighborhoods in or near Dallas. 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 Dallas, TX in the following chart.

The average rent for these 3 neighborhoods in or near Dallas, TX is currently around $1,395 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 Dallas, Old East Dallas has the most affordable average rent at $1,275 per month. Whereas, at $3,100 average rent per month, Oak Lawn is the most expensive neighborhood in or near Dallas. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $1,145 $1,200 $1,650 $1,275
Lake Highlands, Dallas, TX $615 $1,050 $1,395 $1,395
Oak Lawn, Dallas, TX $1,980 $1,897 $4,250 $3,100

Top Counties Near Dallas

There are a total of 3 counties located by Dallas, TX. Some of these counties include Midlothian, TX, Northeast Dallas, Dallas, TX, and Arlington, TX. The average rent for rentals in these counties is $2,374. 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 Greenville, TX. It's average rent per month is $1,688. Vice versa, with an average rent of $2,995, The Colony, TX is the most expensive county by Dallas, TX.

Typically, rent for studios in Dallas, TX is 11.11% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Dallas, TX is 3.82% more expensive than other counties nearby. Finally, rent for two bedrooms in Dallas, TX is 18.28% 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
Northeast Dallas, Dallas, TX $1,510 $1,434 $2,192 $2,195
Arlington, TX $1,650 $1,295 $1,525 $2,200
Southwest Dallas, TX $2,175 $1,385 $1,993 $2,350
Northeast Rockwall, TX $23 $1,393 $1,809 $2,350
Northeast Tarrant, TX $2,264 $1,215 $1,560 $2,397
Forney, TX $23 N/A N/A $2,458
Plano, TX $1,413 $1,400 $2,150 $2,600
Carrollton, Lewisville, TX $2,600 $1,585 $2,218 $2,800
The Colony, TX $2,900 N/A $3,100 $2,995

Top Zipcodes Near Dallas

There are a total of 45 zipcodes in or near Dallas, TX. The average rent for all of these zipcodes is $2,425. A total of 18 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 $4,425 per month is 75205, Highland Park, TX.

Studios in these zipcodes have an average rent of $1,475. That's at least $0 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,938 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 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 $1,231 $1,489 $2,132 $1,536
75034, Frisco, TX $1,284 $1,368 $2,231 $2,660
76179, Fort Worth, TX $1,306 N/A $1,850 $2,249
75071, Anna, TX $1,363 $1,833 $2,417 $2,620
75070, McKinney, TX $2,450 $1,660 $2,625 $2,650
75068, Pilot Point-Aubrey, TX $2,695 N/A $2,160 $2,495
76227, Pilot Point-Aubrey, TX $2,550 N/A $2,250 $2,400
75219, Dallas, TX N/A $1,250 $2,400 $2,123
75204, Dallas, TX $1,200 $1,682 $3,250 $2,800
75035, Frisco, TX $3,200 N/A $2,450 $3,000

Frequently Asked Questions - Dallas Average Rents

What is the average rent price in Dallas, TX?
The average monthly rental price for Dallas, TX apartments for rent is approximately $2,325. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Dallas, TX.
How much is a studio apartment in Dallas, TX?
The average monthly rental price for studio apartments is $1,800 and an average price per square feet of $2.18. There are a total of 135 studio apartment listings currently available for rent in Dallas.
How much is a one bedroom apartment in Dallas, TX?
The average monthly rental price for one bedroom apartments is $1,375 and an average price per square feet of $2.02. There are a total of 373 one bedroom apartment listings currently available for rent in Dallas.
How much is a two bedroom apartment in Dallas, TX?
The average monthly rental price for two bedroom apartments is $2,300 and an average price per square feet of $1.92. There are a total of 483 two bedroom apartment listings currently available for rent in Dallas.
How have rent prices in Dallas, TX changed this year?
Rent prices for rentals in Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.22%, one bedroom rental prices have changed by 0.28%, two bedroom rental prices have changed by 0.36%, and three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in Dallas, TX?
A reasonable rent price in Dallas, TX is around $1,860/month. You can search for these reasonably priced rental listings on RentHop.
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