Average Rent in 75231, Dallas, TX

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Current Versus Historical 75231, Dallas, TX Rents

75231 rentals average $1,202 for a studio rental to $4,449 for a 4-bedroom rental. The median price of all currently available listings is $1,523, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $131 (8.65%) year-over-year from $1,518 to $1,649. 1-bedroom rentals prices have increased by $199 (14.95%) year-over-year from $1,330 to $1,529. 2-bedroom rentals prices have increased by $275 (15.75%) year-over-year from $1,749 to $2,024. 3-bedroom rentals prices have decreased by $240 (-7.91%) year-over-year from $3,039 to $2,799. 4-bedroom rentals prices have decreased by $544 (-10.90%) year-over-year from $4,993 to $4,449. 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 4.15% this month. 1-bedroom rents have gone up by 6.18% this month. 2-bedroom rents have gone up by 4.47% this month. 3-bedroom rents have gone down by 7.56% this month. 4-bedroom rents have gone down by 15.35% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.33	$1,649	$1,518 (8.65%)	$1,649 (0.00%)
1 BR	$1.92	$1,529	$1,330 (14.95%)	$1,479 (3.39%)
2 BR	$1.74	$2,024	$1,749 (15.75%)	$1,933 (4.69%)
3 BR	$1.62	$2,799	$3,039 (-7.91%)	$2,777 (0.79%)
4+ BR	$1.78	$4,449	$4,993 (-10.90%)	$3,867 (15.06%)

Historical Rents in 75231, Dallas, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 75231

There are a total of 37 cities nearby 75231. The average rent in 75231 is currently $2,395 per month. Our records show that Greenville, TX, with an average rent of $1,695, is the most affordable city nearby. In contrast, the most expensive city near 75231, Dallas, TX is University Park, TX. Monthly rents here are on average $4,500 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 39.35% more affordable than other cities nearby. One bedrooms are about 6.21% more expensive. Two bedrooms in 75231, Dallas, TX are on par with the other cities nearby. Finally, rent for three bedrooms are about 8.16% more expensive. Want more information? Check out the top 10 cities out of 37 total cities near 75231, Dallas, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Garland, TX	$1,600	$1,100	$1,595	$2,100
Mesquite, TX	$2,050	$1,153	$1,750	$2,198
Rowlett, TX	$2,249	N/A	$1,525	$2,300
Dallas, TX	$1,500	$1,395	$2,375	$2,395
Richardson, TX	$4,166	$1,598	$1,900	$2,500
Carrollton, TX	$3,050	$1,425	$2,198	$2,600
Irving, TX	$2,025	$1,199	$1,983	$2,600
Allen, TX	$2,800	$1,360	$1,700	$2,600
Plano, TX	$2,550	$1,350	$1,995	$2,695
University Park, TX	N/A	$1,750	$3,075	$4,500

Top Neighborhoods Near 75231

There are a total of 4 neighborhoods in or near 75231. Some of these neighborhoods include Old East Dallas, Lake Highlands, and North Oaklawn. We've included all of these top 4 neighborhoods in or near 75231, Dallas, TX in the following chart.

The average rent for these 4 neighborhoods in or near 75231, Dallas, TX is currently around $2,180 per month. A total of one neighborhood has a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,180. Interestingly, the neighborhoods' average rent is higher than 75231's average rent, which is only $1,523. Out of all the neighborhoods in or near 75231, Old East Dallas has the most affordable average rent at $1,325 per month. Whereas, at $3,500 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	$2,050	$1,195	$1,495	$1,325
Lake Highlands, Dallas, TX	$24	$998	$1,549	$1,750
North Oaklawn, Dallas, TX	N/A	$1,310	$2,825	$2,610
Oak Lawn, Dallas, TX	$1,422	$2,350	$4,000	$3,500

Top Counties Near 75231

There are a total of 4 counties located by 75231, Dallas, TX. Some of these counties include South Rockwall, TX, Northeast Dallas, Dallas, TX, and Southwest Dallas, TX. The average rent for rentals in these counties is $2,295. That's roughly around $1 per sqft. The county that is the most affordable is Cleburne, TX. It's average rent per month is $1,638. Vice versa, with an average rent of $2,900, Celina, TX is the most expensive county by 75231, Dallas, TX.

Typically, rent for studios in 75231, Dallas, TX is 66.39% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 75231, Dallas, TX is 5.51% more affordable than other counties nearby. Finally, rent for two bedrooms in 75231, Dallas, TX is 5.88% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
South Rockwall, TX	$1,500	$1,650	$1,875	$2,210
Northeast Dallas, Dallas, TX	$1,800	$1,374	$2,250	$2,300
Southwest Dallas, TX	$1,850	$1,400	$1,950	$2,300
Forney, TX	$30	N/A	N/A	$2,395
McKinney, TX	$2,000	$1,678	$2,100	$2,600
Lewisville-Flower Mound, TX	$3,000	$1,229	$2,340	$2,600
Plano, TX	$1,825	$1,373	$1,975	$2,650
Northwest Rockwall, Rockwall, TX	$5,035	N/A	$2,700	$2,700
Carrollton, Lewisville, TX	$1,600	$1,605	$2,300	$2,735
The Colony, TX	$2,990	N/A	$2,025	$2,800

Top Zipcodes Near 75231

There are a total of 44 zipcodes in or near 75231, Dallas, TX. The average rent for all of these zipcodes is $2,386.

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	$1,976	$1,995	$2,100	$2,595
75034, Frisco, TX	$3,028	$1,665	$2,398	$2,990
75219, Dallas, TX	$920	$1,387	$2,600	$2,500
75035, Frisco, TX	$2,000	$1,504	$2,200	$2,800
76179, Fort Worth, TX	N/A	N/A	$1,850	$2,178
75204, Dallas, TX	$1,836	$1,521	$3,150	$3,000
75206, Dallas, TX	$1,243	$1,300	$2,400	$2,226
76244, Fort Worth, TX	$2,000	N/A	$1,905	$2,350
75098, Wylie, TX	$1,750	N/A	$1,800	$2,500
75243, Dallas, TX	$7,100	$900	$1,499	$1,549

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 $1,523. 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 $1,202 and an average price per square feet of $2.33. There are a total of 4 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 $1,280 and an average price per square feet of $1.92. There are a total of 28 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 $1,700 and an average price per square feet of $1.74. There are a total of 34 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 0.09%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by -0.08% year-over-year.

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

A reasonable rent price in 75231, Dallas, TX is around $1,218/month. You can search for these reasonably priced rental listings on RentHop.