Average Rent in 76116, Fort Worth, TX

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Current Versus Historical 76116, Fort Worth, TX Rents

76116 rentals average $948 for a studio rental to $2,165 for a 4-bedroom rental. The median price of all currently available listings is $1,498, or roughly $1 per square feet.

For the apartment units and housing in February 2025, median rents have risen over the last year. Studio rentals prices have increased by $98 (11.47%) year-over-year from $850 to $948. 1-bedroom rentals prices have increased by $81 (8.50%) year-over-year from $957 to $1,038. 2-bedroom rentals prices have increased by $35 (2.47%) year-over-year from $1,415 to $1,450. 3-bedroom rentals prices have increased by $150 (8.73%) year-over-year from $1,718 to $1,868. 4-bedroom rentals prices have increased by $8 (0.37%) year-over-year from $2,274 to $2,283. 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 188.43% this month. 1-bedroom rents have gone up by 3.78% this month. 2-bedroom rents have gone down by 2.74% this month. 3-bedroom rents have gone up by 8.05% this month. 4-bedroom rents have gone up by 11.30% this month.

Beds	Price / Sqft	Feb 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$948	$850 (11.47%)	$798 (18.72%)
1 BR	$1.31	$1,038	$957 (8.50%)	$938 (10.62%)
2 BR	$1.23	$1,450	$1,415 (2.47%)	$1,176 (23.32%)
3 BR	$1.27	$1,868	$1,718 (8.73%)	$2,047 (-8.75%)
4+ BR	$1.22	$2,283	$2,274 (0.37%)	$2,053 (11.16%)

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 33 cities nearby 76116. The average rent in 76116 is currently $2,363 per month. Our records show that Crowley, TX, with an average rent of $1,995, 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 $6,500 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 97.20% more affordable than other cities nearby. One bedrooms are about 19.22% more affordable. Two bedrooms in 76116, Fort Worth, TX are about 30.58% more affordable. Finally, rent for three bedrooms are about 20.48% more affordable. Want more information? Check out the top 10 cities out of 33 total cities near 76116, Fort Worth, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Crowley, TX	$2,050	$1,199	$1,348	$1,995
Burleson, TX	$2,342	N/A	N/A	$2,000
North Richland Hills, TX	$995	N/A	$1,525	$2,000
Fort Worth, TX	$1,895	$1,429	$1,625	$2,100
Arlington, TX	$1,950	$1,150	$1,600	$2,108
Mansfield, TX	$4,002	$1,439	$1,650	$2,400
Euless, TX	$1,869	$1,250	$1,775	$2,400
Grapevine, TX	$1,800	$1,625	$2,000	$2,499
Grand Prairie, TX	$1,875	$1,200	$1,995	$2,500
Flower Mound, TX	$1,576	N/A	$2,000	$2,920

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 $2,150 per month. A total of one neighborhood has a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,150. Interestingly, the neighborhoods' average rent is higher than 76116's average rent, which is only $1,498. Out of all the neighborhoods in or near 76116, Old East Dallas has the most affordable average rent at $1,295 per month. Whereas, at $2,995 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	$1,038	$1,214	$1,545	$1,295
Lake Highlands, Dallas, TX	$24	$1,050	$1,625	$1,700
North Oaklawn, Dallas, TX	N/A	$1,450	$2,605	$2,600
Oak Lawn, Dallas, TX	$1,869	$2,200	$4,199	$2,995

Top Counties Near 76116

There are a total of 4 counties located by 76116, Fort Worth, TX. Some of these counties include Cleburne, TX, Granbury East, TX, and Burleson-Joshua, TX. The average rent for rentals in these counties is $2,300. That's roughly around $1 per sqft. The county that is the most affordable is Cleburne, TX. It's average rent per month is $1,663. Vice versa, with an average rent of $3,275, Weatherford Southeast, TX is the most expensive county by 76116, Fort Worth, TX.

Typically, rent for studios in 76116, Fort Worth, TX is 111.08% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 76116, Fort Worth, TX is 22.57% more affordable than other counties nearby. Finally, rent for two bedrooms in 76116, Fort Worth, TX is 25.87% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Cleburne, TX	$1,200	$710	$1,325	$1,663
Granbury East, TX	$1,575	$1,088	$1,425	$1,800
Burleson-Joshua, TX	$725	N/A	$1,650	$1,995
Fort Worth, TX	$2,000	$1,410	$1,600	$2,030
Weatherford, TX	$3,000	$975	$1,400	$2,100
Arlington, TX	$2,100	$1,215	$1,600	$2,195
Northeast Tarrant, TX	$1,800	$1,495	$1,750	$2,295
Alvarado, TX	$6,750	$1,225	$1,400	$2,630
Justin-Roanoke, TX	$3,300	$1,482	$2,850	$2,725
Weatherford Southeast, TX	$289	N/A	N/A	$3,275

Top Zipcodes Near 76116

There are a total of 39 zipcodes in or near 76116, Fort Worth, TX. The average rent for all of these zipcodes is $2,398.

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	$3,000	$1,880	$2,395	$2,600
75034, Frisco, TX	$2,815	$1,630	$2,495	$2,900
75219, Dallas, TX	$1,750	$1,525	$2,500	$2,300
75035, Frisco, TX	$1,897	$1,519	$2,276	$2,850
76179, Fort Worth, TX	N/A	N/A	$1,750	$2,245
75204, Dallas, TX	$1,176	$1,250	$3,275	$3,200
75206, Dallas, TX	$1,243	$1,199	$2,825	$2,251
76244, Fort Worth, TX	$1,875	N/A	$1,918	$2,288
75098, Wylie, TX	$2,950	N/A	N/A	$2,445
75214, Dallas, TX	N/A	$1,295	$2,200	$2,048

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 $1,498. 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 $948 and an average price per square feet of $0. There are a total of 8 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 $1,038 and an average price per square feet of $1.31. There are a total of 7 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 $1,300 and an average price per square feet of $1.23. 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 0.11%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.02%, 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 $1,198/month. You can search for these reasonably priced rental listings on RentHop.