Average Rent in 75231, Dallas, TX

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Current Versus Historical 75231, Dallas, TX Rents

75231 rentals average $1,050 for a studio rental to $4,475 for a 4-bedroom rental. The median price of all currently available listings is $1,595, or roughly $2 per square feet.

For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $131 (-8.29%) year-over-year from $1,583 to $1,452. 1-bedroom rentals prices have decreased by $187 (-12.69%) year-over-year from $1,472 to $1,285. 2-bedroom rentals prices have decreased by $176 (-9.08%) year-over-year from $1,941 to $1,765. 3-bedroom rentals prices have decreased by $612 (-18.07%) year-over-year from $3,384 to $2,772. 4-bedroom rentals prices have decreased by $710 (-16.67%) year-over-year from $4,260 to $3,550. 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 4.33% this month. 1-bedroom rents have gone down by 4.46% this month. 2-bedroom rents have gone down by 4.83% this month. 3-bedroom rents have gone down by 15.97% this month. 4-bedroom rents have gone down by 23.90% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$0.00	$1,452	$1,583 (-8.29%)	$1,649 (-11.95%)
1 BR	$1.76	$1,285	$1,472 (-12.69%)	$1,537 (-16.41%)
2 BR	$1.64	$1,765	$1,941 (-9.08%)	$1,961 (-9.99%)
3 BR	$1.54	$2,772	$3,384 (-18.07%)	$3,055 (-9.27%)
4+ BR	$1.93	$3,550	$4,260 (-16.67%)	$3,633 (-2.29%)

Historical Rents in 75231, Dallas, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 75231

There are a total of 35 cities nearby 75231. The average rent in 75231 is currently $2,350 per month. Our records show that Greenville, TX, with an average rent of $1,650, is the most affordable city nearby. In contrast, the most expensive city near 75231, Dallas, TX is Flower Mound, TX. Monthly rents here are on average $3,038 per month.

Let's compare 75231, Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 75231, Dallas, TX is 62.38% more affordable than other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in 75231, Dallas, TX are about 4.29% more expensive. Finally, rent for three bedrooms are about 3.05% more expensive. Want more information? Check out the top 10 cities out of 35 total cities near 75231, Dallas, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Garland, TX	$948	$1,373	$1,598	$2,000
Mesquite, TX	$2,425	$1,153	$1,750	$2,100
Rowlett, TX	$1,450	N/A	$1,613	$2,300
Dallas, TX	$1,450	$1,350	$2,300	$2,350
Wylie, TX	$1,011	N/A	N/A	$2,497
Richardson, TX	$3,855	$1,570	$1,990	$2,500
Allen, TX	$3,000	$1,360	$1,665	$2,500
Carrollton, TX	$3,050	$1,445	$2,200	$2,600
Irving, TX	$2,075	$1,295	$2,195	$2,670
Plano, TX	$2,700	$1,318	$2,065	$2,700

Top Neighborhoods Near 75231

There are a total of 5 neighborhoods in or near 75231. Some of these neighborhoods include Old East Dallas, Lake Highlands, and Cedar Crest. We've included all of these top 5 neighborhoods in or near 75231, Dallas, TX in the following chart.

The average rent for these 5 neighborhoods in or near 75231, Dallas, TX is currently around $2,000 per month. A total of one neighborhood has a lower average rent. Meaning, only four neighborhoods have a higher average rent than $2,000. Interestingly, the neighborhoods' average rent is higher than 75231's average rent, which is only $1,595. Out of all the neighborhoods in or near 75231, Old East Dallas has the most affordable average rent at $1,250 per month. Whereas, at $3,575 average rent per month, Oak Lawn is the most expensive neighborhood in or near 75231. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Old East Dallas, Dallas, TX	$1,195	$1,195	$1,700	$1,250
Lake Highlands, Dallas, TX	$24	$950	$1,600	$1,698
Cedar Crest, Dallas, TX	$1,600	$1,450	$1,638	$2,000
North Oaklawn, Dallas, TX	N/A	$1,295	$2,900	$2,775
Oak Lawn, Dallas, TX	$1,646	$2,275	$4,050	$3,575

Top Counties Near 75231

There are a total of 5 counties located by 75231, Dallas, TX. Some of these counties include Northeast Dallas, Dallas, TX, Southwest Dallas, TX, and Forney, TX. The average rent for rentals in these counties is $2,324. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Cleburne, TX. It's average rent per month is $1,595. Vice versa, with an average rent of $2,990, Celina, TX is the most expensive county by 75231, Dallas, TX.

Typically, rent for studios in 75231, Dallas, TX is 107.14% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 75231, Dallas, TX is 1.63% more affordable than other counties nearby. Finally, rent for two bedrooms in 75231, Dallas, TX is 0.71% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Northeast Dallas, Dallas, TX	$1,975	$1,350	$2,225	$2,300
Southwest Dallas, TX	$2,000	$1,400	$1,915	$2,300
Forney, TX	$1,400	N/A	N/A	$2,350
South Rockwall, TX	$2,950	$1,650	$1,873	$2,400
Northwest Rockwall, Rockwall, TX	$3,768	N/A	$2,450	$2,500
Lewisville-Flower Mound, TX	$2,850	$1,229	$2,225	$2,500
McKinney, TX	$1,860	$1,663	$2,126	$2,595
Plano, TX	$2,000	$1,370	$1,990	$2,650
Carrollton, Lewisville, TX	$2,600	$1,640	$2,300	$2,730
The Colony, TX	$2,830	N/A	$2,025	$2,850

Top Zipcodes Near 75231

There are a total of 41 zipcodes in or near 75231, Dallas, TX. The average rent for all of these zipcodes is $2,400.

The following chart includes the top 10 zipcodes in 75231, Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75070, McKinney, TX	$2,500	$2,100	$2,098	$2,540
75034, Frisco, TX	$2,985	$1,663	$2,185	$2,900
75219, Dallas, TX	$850	$1,499	$2,600	$2,295
75035, Frisco, TX	$2,000	$1,531	$2,188	$2,800
76179, Fort Worth, TX	N/A	N/A	$1,600	$2,100
75204, Dallas, TX	$1,200	$1,220	$3,225	$3,000
75206, Dallas, TX	$1,350	$1,200	$2,500	$2,298
76244, Fort Worth, TX	$2,000	N/A	$1,899	$2,300
75098, Wylie, TX	$2,000	N/A	N/A	$2,550
75243, Dallas, TX	$7,100	$950	$1,500	$1,500

Frequently Asked Questions - 75231 Average Rents

What is the average rent price in 75231, Dallas, TX?

The average monthly rental price for 75231, Dallas, TX apartments for rent is approximately $1,595. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 75231, 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 75231, Dallas, TX.

How much is a studio apartment in 75231, Dallas, TX?

The average monthly rental price for studio apartments is $1,050 and an average price per square feet of $0.00. There are a total of 3 studio apartment listings currently available for rent in 75231.

How much is a one bedroom apartment in 75231, Dallas, TX?

The average monthly rental price for one bedroom apartments is $1,200 and an average price per square feet of $1.76. There are a total of 24 one bedroom apartment listings currently available for rent in 75231.

How much is a two bedroom apartment in 75231, Dallas, TX?

The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $1.64. There are a total of 33 two bedroom apartment listings currently available for rent in 75231.

How have rent prices in 75231, Dallas, TX changed this year?

Rent prices for rentals in 75231, Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.08%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by -0.09%, and three bedroom rental prices have changed by -0.18% year-over-year.

What is a reasonable rent price in 75231, Dallas, TX?

A reasonable rent price in 75231, Dallas, TX is around $1,276/month. You can search for these reasonably priced rental listings on RentHop.