Average Rent in 76116, Fort Worth, TX

Current Versus Historical 76116, Fort Worth, TX Rents

76116 rentals average $0 for a studio rental to $2,000 for a 4-bedroom rental. The median price of all currently available listings is $1,595, or roughly $1 per square feet.

For the apartment units and housing in October 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $55 (-6.47%) year-over-year from $850 to $795. 1-bedroom rentals prices have increased by $101 (11.03%) year-over-year from $914 to $1,015. 2-bedroom rentals prices have decreased by $163 (-10.74%) year-over-year from $1,513 to $1,350. 3-bedroom rentals prices have increased by $270 (16.72%) year-over-year from $1,615 to $1,885. 4-bedroom rentals prices have decreased by $358 (-15.18%) year-over-year from $2,357 to $1,999. 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 0.05% this month. 1-bedroom rents have gone up by 4.37% this month. 2-bedroom rents have gone down by 0.15% this month. 3-bedroom rents have gone down by 2.08% this month. 4-bedroom rents have gone down by 2.80% this month.

Beds	Price / Sqft	Oct 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.36	$1,015	$914 (11.03%)	$798 (27.14%)
2 BR	$1.20	$1,350	$1,513 (-10.74%)	$1,475 (-8.47%)
3 BR	$1.30	$1,885	$1,615 (16.72%)	$1,978 (-4.68%)
4+ BR	$1.20	$1,999	$2,357 (-15.18%)	$1,984 (0.74%)

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 $2,400 per month. Our records show that North Richland Hills, TX, with an average rent of $1,800, 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 $4,500 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 inf% more affordable than other cities nearby. One bedrooms are about 12.81% more affordable. Two bedrooms in 76116, Fort Worth, TX are about 26.42% more affordable. Finally, rent for three bedrooms are about 21.49% 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
North Richland Hills, TX	$1,456	$1,010	$1,543	$1,800
Burleson, TX	$3,535	N/A	$1,448	$1,995
Euless, TX	$1,350	$1,278	$1,602	$2,000
Fort Worth, TX	$1,200	$1,335	$1,550	$2,100
Arlington, TX	$1,500	$1,200	$1,595	$2,175
Mansfield, TX	$1,400	$1,499	$2,000	$2,325
Keller, TX	$10,315	N/A	$1,500	$2,400
Grand Prairie, TX	$3,000	N/A	$2,100	$2,400
Grapevine, TX	$700	$1,600	$1,773	$2,450
Flower Mound, TX	$3,125	N/A	$2,550	$3,000

Top Neighborhoods Near 76116

There are a total of 5 neighborhoods in or near 76116. 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 76116, Fort Worth, TX in the following chart.

The average rent for these 5 neighborhoods in or near 76116, Fort Worth, TX is currently around $1,925 per month. A total of one neighborhood has a lower average rent. Meaning, only four neighborhoods have a higher average rent than $1,925. Interestingly, the neighborhoods' average rent is higher than 76116's average rent, which is only $1,595. 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 $3,501 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	$1,145	$1,200	$1,500	$1,350
Lake Highlands, Dallas, TX	$24	$950	$1,495	$1,875
Cedar Crest, Dallas, TX	$2,475	$900	$1,700	$1,925
North Oaklawn, Dallas, TX	N/A	$1,350	$2,850	$2,655
Oak Lawn, Dallas, TX	$1,200	$2,444	$3,675	$3,501

Top Counties Near 76116

There are a total of 5 counties located by 76116, Fort Worth, TX. Some of these counties include Cleburne, TX, Burleson-Joshua, TX, and Granbury East, TX. The average rent for rentals in these counties is $2,350. That's roughly around $1 per sqft. The county that is the most affordable is Cleburne, TX. It's average rent per month is $1,650. Vice versa, with an average rent of $2,995, Weatherford Southeast, TX is the most expensive county by 76116, Fort Worth, TX.

Typically, rent for studios in 76116, Fort Worth, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 76116, Fort Worth, TX is 20.44% more affordable than other counties nearby. Finally, rent for two bedrooms in 76116, Fort Worth, TX is 50.94% 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	$2,100	$598	$1,288	$1,650
Burleson-Joshua, TX	$3,200	N/A	$1,448	$1,925
Granbury East, TX	$2,167	$1,200	$1,400	$2,000
Fort Worth, TX	$1,200	$1,258	$1,545	$2,015
Midlothian, TX	$2,998	$1,223	$1,545	$2,150
Arlington, TX	$1,750	$1,200	$1,640	$2,200
Northeast Tarrant, TX	$1,730	$1,160	$1,673	$2,250
Southwest Dallas, TX	$2,000	$1,400	$1,983	$2,350
Justin-Roanoke, TX	$2,650	$1,607	$2,650	$2,698
Weatherford Southeast, TX	$1,475	N/A	$2,499	$2,995

Top Zipcodes Near 76116

There are a total of 44 zipcodes in or near 76116, Fort Worth, TX. The average rent for all of these zipcodes is $2,400. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75231, Dallas, TX at $1,495 per month. In comparison, the zipcode with the most expensive average rent of $3,400 per month is 75230, Dallas, TX.

Studios in these zipcodes have an average rent of $1,300. That's at least $0 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 76116, Fort Worth, TX is $1,285 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,975 per month. Which comes out to $2 per sqft. 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	$2,605	$1,995	$2,250	$2,600
75034, Frisco, TX	$2,850	$1,665	$2,498	$2,990
75219, Dallas, TX	$988	$1,450	$2,500	$2,605
75035, Frisco, TX	$799	$1,415	$2,222	$2,800
76179, Fort Worth, TX	N/A	N/A	$2,150	$2,198
75204, Dallas, TX	$1,697	$1,400	$3,100	$2,999
75206, Dallas, TX	$1,050	$1,295	$2,950	$2,798
76244, Fort Worth, TX	$2,000	N/A	$1,895	$2,400
75098, Wylie, TX	$2,000	N/A	$1,763	$2,600
75214, Dallas, TX	$1,250	$1,350	$2,275	$1,772

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 $1,595. 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 $0 and an average price per square feet of $0.00. There are a total of 1 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 $1,015 and an average price per square feet of $1.36. There are a total of 3 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 $1,325 and an average price per square feet of $1.20. 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 -0.06%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by -0.11%, and three bedroom rental prices have changed by 0.17% 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 $1,276/month. You can search for these reasonably priced rental listings on RentHop.