Average Rent in 76116, Fort Worth, TX

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Current Versus Historical 76116, Fort Worth, TX Rents

76116 rentals average $407 for a studio rental to $2,199 for a 4-bedroom rental. The median price of all currently available listings is $1,600, or roughly $1 per square feet.

For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $831 (-97.76%) year-over-year from $850 to $19. 1-bedroom rentals prices have decreased by $11 (-1.17%) year-over-year from $923 to $913. 2-bedroom rentals prices have decreased by $98 (-6.91%) year-over-year from $1,423 to $1,325. 3-bedroom rentals prices have increased by $157 (9.16%) year-over-year from $1,711 to $1,868. 4-bedroom rentals prices have decreased by $210 (-8.62%) year-over-year from $2,438 to $2,228. 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 94.51% this month. 1-bedroom rents have gone down by 4.87% this month. 2-bedroom rents have gone down by 5.57% this month. 3-bedroom rents have gone down by 1.02% this month. 4-bedroom rents have gone up by 9.50% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$19	$850 (-97.76%)	$793 (-97.61%)
1 BR	$1.39	$913	$923 (-1.17%)	$893 (2.15%)
2 BR	$1.22	$1,325	$1,423 (-6.91%)	$1,160 (14.22%)
3 BR	$1.44	$1,868	$1,711 (9.16%)	$2,113 (-11.63%)
4+ BR	$1.11	$2,228	$2,438 (-8.62%)	$2,138 (4.17%)

Historical Rents in 76116, Fort Worth, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 76116

There are a total of 32 cities nearby 76116. The average rent in 76116 is currently $2,381 per month. Our records show that North Richland Hills, TX, with an average rent of $1,640, is the most affordable city nearby. In contrast, the most expensive city near 76116, Fort Worth, TX is University Park, TX. Monthly rents here are on average $6,675 per month.

Let's compare 76116, Fort Worth, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 76116, Fort Worth, TX is 360.07% more affordable than other cities nearby. One bedrooms are about 32.82% more affordable. Two bedrooms in 76116, Fort Worth, TX are about 23.81% more affordable. Finally, rent for three bedrooms are about 21.82% more affordable. Want more information? Check out the top 10 cities out of 32 total cities near 76116, Fort Worth, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
North Richland Hills, TX	$995	$900	$1,243	$1,640
Crowley, TX	$1,563	$1,199	$1,298	$2,050
Fort Worth, TX	$1,845	$1,504	$1,550	$2,100
Burleson, TX	$7,916	N/A	$1,335	$2,148
Arlington, TX	$1,950	$1,195	$1,573	$2,150
Euless, TX	$1,900	$1,160	$1,593	$2,300
Mansfield, TX	$2,310	$1,494	$2,050	$2,375
Grand Prairie, TX	$2,000	$1,083	$1,848	$2,400
Grapevine, TX	$1,500	$1,660	$1,760	$2,700
Flower Mound, TX	$35	N/A	N/A	$2,998

Top Neighborhoods Near 76116

There are a total of 4 neighborhoods in or near 76116. 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 76116, Fort Worth, TX in the following chart.

The average rent for these 4 neighborhoods in or near 76116, Fort Worth, TX is currently around $2,138 per month. A total of one neighborhood has a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,138. Interestingly, the neighborhoods' average rent is higher than 76116's average rent, which is only $1,600. Out of all the neighborhoods in or near 76116, Old East Dallas has the most affordable average rent at $1,350 per month. Whereas, at $3,338 average rent per month, Oak Lawn is the most expensive neighborhood in or near 76116. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Old East Dallas, Dallas, TX	$1,195	$1,250	$1,598	$1,350
Lake Highlands, Dallas, TX	$1,659	$950	$1,700	$1,975
North Oaklawn, Dallas, TX	N/A	$1,323	$2,838	$2,300
Oak Lawn, Dallas, TX	$1,869	$2,200	$4,200	$3,338

Top Counties Near 76116

There are a total of 4 counties located by 76116, Fort Worth, TX. Some of these counties include Granbury East, TX, Weatherford, TX, and Fort Worth, TX. The average rent for rentals in these counties is $2,298. That's roughly around $1 per sqft. The county that is the most affordable is Granbury East, TX. It's average rent per month is $1,850. Vice versa, with an average rent of $3,225, Weatherford Southeast, TX is the most expensive county by 76116, Fort Worth, TX.

Typically, rent for studios in 76116, Fort Worth, TX is 385.26% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 76116, Fort Worth, TX is 42.41% more affordable than other counties nearby. Finally, rent for two bedrooms in 76116, Fort Worth, TX is 32.34% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Granbury East, TX	$1,775	N/A	$1,500	$1,850
Weatherford, TX	$2,663	$995	$1,225	$1,995
Fort Worth, TX	$2,000	$1,499	$1,545	$2,040
Burleson-Joshua, TX	$3,379	N/A	$1,335	$2,195
Arlington, TX	$1,920	$1,200	$1,595	$2,199
Midlothian, TX	$3,000	$1,338	$1,695	$2,200
Northeast Tarrant, TX	$1,825	$1,175	$1,528	$2,250
Southwest Dallas, TX	$1,800	$1,299	$1,900	$2,295
Justin-Roanoke, TX	$3,300	$1,499	$2,775	$2,750
Weatherford Southeast, TX	$28	N/A	N/A	$3,225

Top Zipcodes Near 76116

There are a total of 40 zipcodes in or near 76116, Fort Worth, TX. The average rent for all of these zipcodes is $2,333.

The following chart includes the top 10 zipcodes in 76116, Fort Worth, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75070, McKinney, TX	$2,226	$2,005	$2,435	$2,550
75034, Frisco, TX	$2,985	$1,585	$2,375	$2,900
75219, Dallas, TX	$1,422	$1,450	$2,634	$2,200
75035, Frisco, TX	$799	$1,490	$2,536	$2,799
76179, Fort Worth, TX	N/A	N/A	$1,600	$2,195
75204, Dallas, TX	$1,200	$1,220	$3,300	$3,195
75206, Dallas, TX	$1,243	$1,250	$2,400	$2,300
76244, Fort Worth, TX	$2,000	N/A	$1,950	$2,300
75098, Wylie, TX	$795	N/A	N/A	$2,500
75214, Dallas, TX	$1,195	$1,375	$2,250	$2,125

Frequently Asked Questions - 76116 Average Rents

What is the average rent price in 76116, Fort Worth, TX?

The average monthly rental price for 76116, Fort Worth, TX apartments for rent is approximately $1,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 76116, Fort Worth, 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 76116, Fort Worth, TX.

How much is a studio apartment in 76116, Fort Worth, TX?

The average monthly rental price for studio apartments is $407 and an average price per square feet of $0. There are a total of 2 studio apartment listings currently available for rent in 76116.

How much is a one bedroom apartment in 76116, Fort Worth, TX?

The average monthly rental price for one bedroom apartments is $913 and an average price per square feet of $1.39. There are a total of 2 one bedroom apartment listings currently available for rent in 76116.

How much is a two bedroom apartment in 76116, Fort Worth, TX?

The average monthly rental price for two bedroom apartments is $1,313 and an average price per square feet of $1.22. There are a total of 20 two bedroom apartment listings currently available for rent in 76116.

How have rent prices in 76116, Fort Worth, TX changed this year?

Rent prices for rentals in 76116, Fort Worth, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.98%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by 0.09% year-over-year.

What is a reasonable rent price in 76116, Fort Worth, TX?

A reasonable rent price in 76116, Fort Worth, TX is around $1,280/month. You can search for these reasonably priced rental listings on RentHop.