Average Rent in 76040, Arlington, TX

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Current Versus Historical 76040, Arlington, TX Rents

76040 rentals average $1,350 for a studio rental to $3,249 for a 4-bedroom rental. The median price of all currently available listings is $2,800, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $723 (-34.89%) year-over-year from $2,073 to $1,350. 1-bedroom rentals prices have increased by $48 (4.22%) year-over-year from $1,147 to $1,195. 2-bedroom rentals prices have increased by $283 (11.49%) year-over-year from $2,467 to $2,750. 3-bedroom rentals prices have increased by $210 (8.43%) year-over-year from $2,490 to $2,700. 4-bedroom rentals prices have increased by $483 (17.47%) year-over-year from $2,767 to $3,250. 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 0.00% this month. 1-bedroom rents have gone down by 18.38% this month. 2-bedroom rents have gone up by 17.44% this month. 3-bedroom rents have gone up by 2.86% this month. 4-bedroom rents have gone up by 6.68% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.01 $1,350 $2,073 (-34.89%) $2,784 (-51.51%)
1 BR $1.48 $1,195 $1,147 (4.22%) $824 (44.97%)
2 BR $1.56 $2,750 $2,467 (11.49%) $1,679 (63.79%)
3 BR $1.50 $2,700 $2,490 (8.43%) $2,449 (10.24%)
4+ BR $1.37 $3,250 $2,767 (17.47%) $3,237 (0.41%)

Historical Rents in 76040, Arlington, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 76040

There are a total of 19 cities nearby 76040. The average rent in 76040 is currently $2,300 per month. A total of 18 cities nearby have an average rent lower than that. Our records show that North Richland Hills, TX, with an average rent of $1,835, is the most affordable city nearby. In contrast, the most expensive city near 76040, Arlington, TX is Flower Mound, TX. Monthly rents here are on average $2,925 per month.

Let's compare 76040, Arlington, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 76040, Arlington, TX is 48.15% more affordable than other cities nearby. One bedrooms are about 0.42% more affordable. Two bedrooms in 76040, Arlington, TX are about 34.63% more expensive. Finally, rent for three bedrooms are about 18.52% more expensive. Want more information? Check out the top 10 cities out of 19 total cities near 76040, Arlington, TX in the following chart.
City Studio 1 Bed 2 Bed All
North Richland Hills, TX $1,415 $1,205 $1,538 $1,835
Fort Worth, TX $1,200 $1,435 $1,555 $2,100
Arlington, TX $1,650 $1,200 $1,508 $2,165
Bedford, TX $500 $1,175 $1,495 $2,200
Euless, TX $1,350 $1,278 $1,503 $2,263
Grand Prairie, TX $2,000 $1,180 $2,250 $2,390
Grapevine, TX $1,050 $1,695 $1,847 $2,500
Irving, TX $2,025 $1,199 $1,970 $2,600
Keller, TX $11,265 N/A $1,500 $2,697
Flower Mound, TX $3,125 N/A $2,250 $2,925

Top Neighborhoods Near 76040



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 76040

Some of these counties include Burleson-Joshua, TX, Fort Worth, TX, and Arlington, TX. The average rent for rentals in these counties is $2,200. That's roughly around $1 per sqft. A total of 7 counties have a lower average rent. The county that is the most affordable is Burleson-Joshua, TX. It's average rent per month is $1,960. Vice versa, with an average rent of $2,700, Carrollton, Lewisville, TX is the most expensive county by 76040, Arlington, TX.

Typically, rent for studios in 76040, Arlington, TX is 29.63% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 76040, Arlington, TX is 8.79% more affordable than other counties nearby. Finally, rent for two bedrooms in 76040, Arlington, TX is 36.67% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Burleson-Joshua, TX $2,900 N/A $1,523 $1,960
Fort Worth, TX $1,200 $1,375 $1,535 $2,050
Arlington, TX $1,750 $1,200 $1,550 $2,200
Midlothian, TX $2,998 $1,300 $1,598 $2,200
Northeast Tarrant, TX $1,709 $1,210 $1,543 $2,220
Southwest Dallas, TX $1,925 $1,357 $1,950 $2,299
Carrollton, Lewisville, TX $1,600 $1,625 $2,300 $2,700

Top Zipcodes Near 76040

There are a total of 19 zipcodes in or near 76040, Arlington, TX. The average rent for all of these zipcodes is $2,300. 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 76180, North Richland Hills, TX at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $3,300 per month is 75063, Irving, TX.

Studios in these zipcodes have an average rent of $1,410. 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 76040, Arlington, TX is $1,160 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,905 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 76040, Arlington, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
76244, Fort Worth, TX $2,000 N/A $1,905 $2,350
76107, Fort Worth, TX $3,297 $1,200 $2,100 $2,175
76123, Fort Worth, TX N/A $1,549 $1,350 $2,100
76063, Mansfield, TX $1,410 $1,475 $2,075 $2,350
76137, Fort Worth, TX N/A N/A $1,848 $2,025
75052, Grand Prairie, TX N/A N/A $2,180 $2,375
76051, Grapevine, TX $1,050 $1,695 $1,847 $2,500
75067, Lewisville, TX $3,100 N/A $2,600 $2,600
76133, Fort Worth, TX $2,409 N/A $1,495 $1,850
76109, Fort Worth, TX N/A $1,300 $1,823 $2,500

Frequently Asked Questions - 76040 Average Rents

What is the average rent price in 76040, Arlington, TX?
The average monthly rental price for 76040, Arlington, TX apartments for rent is approximately $2,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 76040, Arlington, 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 76040, Arlington, TX.
How much is a studio apartment in 76040, Arlington, TX?
The average monthly rental price for studio apartments is $1,350 and an average price per square feet of $1.01. There are a total of 12 studio apartment listings currently available for rent in 76040.
How much is a one bedroom apartment in 76040, Arlington, TX?
The average monthly rental price for one bedroom apartments is $1,195 and an average price per square feet of $1.48. There are a total of 3 one bedroom apartment listings currently available for rent in 76040.
How much is a two bedroom apartment in 76040, Arlington, TX?
The average monthly rental price for two bedroom apartments is $2,448 and an average price per square feet of $1.56. There are a total of 6 two bedroom apartment listings currently available for rent in 76040.
How have rent prices in 76040, Arlington, TX changed this year?
Rent prices for rentals in 76040, Arlington, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.35%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.11%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in 76040, Arlington, TX?
A reasonable rent price in 76040, Arlington, TX is around $2,240/month. You can search for these reasonably priced rental listings on RentHop.
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