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 $2,200 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 December 2024, 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 increased by $18 (1.93%) year-over-year from $908 to $925. 2-bedroom rentals prices have increased by $23 (1.63%) year-over-year from $1,378 to $1,400. 3-bedroom rentals prices have decreased by $13 (-0.78%) year-over-year from $1,711 to $1,698. 4-bedroom rentals prices have decreased by $204 (-8.49%) year-over-year from $2,404 to $2,200. 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 97.43% this month. 1-bedroom rents have gone up by 3.16% this month. 2-bedroom rents have gone up by 3.08% this month. 3-bedroom rents have gone down by 10.11% this month. 4-bedroom rents have gone up by 5.68% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $19 $850 (-97.76%) $789 (-97.59%)
1 BR $1.39 $925 $908 (1.93%) $848 (9.04%)
2 BR $1.26 $1,400 $1,378 (1.63%) $1,103 (26.89%)
3 BR $1.32 $1,698 $1,711 (-0.78%) $2,113 (-19.68%)
4+ BR $1.21 $2,200 $2,404 (-8.49%) $2,302 (-4.42%)

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 $2,350 per month. Only one city nearby has an average rent lower than that. Our records show that Cleburne, TX, with an average rent of $1,595, is the most affordable city nearby. In contrast, the most expensive city near 76116, Fort Worth, TX is Flower Mound, TX. Monthly rents here are on average $3,038 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 343.37% more affordable than other cities nearby. One bedrooms are about 31.51% more affordable. Two bedrooms in 76116, Fort Worth, TX are about 15.79% more affordable. Finally, rent for three bedrooms are about 32.74% 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
Cleburne, TX $1,300 N/A $1,338 $1,595
North Richland Hills, TX $1,028 $1,200 $1,543 $1,790
Weatherford, TX $2,663 $995 $1,288 $1,895
Burleson, TX $5,937 N/A $1,538 $2,075
Fort Worth, TX $1,285 $1,525 $1,550 $2,100
Arlington, TX $1,616 $1,200 $1,550 $2,150
Bedford, TX $500 $1,175 $1,470 $2,200
Euless, TX $1,805 $1,160 $1,510 $2,275
Mansfield, TX $1,995 $1,450 $2,050 $2,307
Grand Prairie, TX $2,644 $1,165 $1,995 $2,438

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 $2,000 per month. A total of one neighborhood has a lower average rent. Meaning, only four neighborhoods have a higher average rent than $2,000. 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 $1,250 per month. Whereas, at $3,575 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 $1,195 $1,700 $1,250
Lake Highlands, Dallas, TX $24 $950 $1,600 $1,698
Cedar Crest, Dallas, TX $1,600 $1,450 $1,638 $2,000
North Oaklawn, Dallas, TX N/A $1,295 $2,900 $2,775
Oak Lawn, Dallas, TX $1,646 $2,275 $4,050 $3,575

Top Counties Near 76116

There are a total of 5 counties located by 76116, Fort Worth, TX. Some of these counties include Cleburne, TX, Weatherford, TX, and Granbury East, TX. The average rent for rentals in these counties is $2,300. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Cleburne, TX. It's average rent per month is $1,595. 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 471.25% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 76116, Fort Worth, TX is 39.73% more affordable than other counties nearby. Finally, rent for two bedrooms in 76116, Fort Worth, TX is 31.23% 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 $1,250 N/A $1,325 $1,595
Weatherford, TX $2,325 $1,168 $1,375 $1,750
Granbury East, TX $1,600 N/A $1,550 $1,850
Burleson-Joshua, TX $3,379 N/A $1,525 $1,995
Fort Worth, TX $1,298 $1,503 $1,545 $2,040
Arlington, TX $1,795 $1,200 $1,595 $2,200
Northeast Tarrant, TX $1,605 $1,210 $1,543 $2,250
Midlothian, TX $3,250 $1,338 $1,670 $2,348
Justin-Roanoke, TX $2,650 $1,614 $2,775 $2,800
Weatherford Southeast, TX $1,775 N/A $2,497 $3,225

Top Zipcodes Near 76116

There are a total of 42 zipcodes in or near 76116, Fort Worth, TX. The average rent for all of these zipcodes is $2,373. 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 75243, Dallas, TX at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,125 per month is 75024, Plano, TX.

Studios in these zipcodes have an average rent of $1,615. 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 $1,200 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,976 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 $2,500 $2,100 $2,098 $2,540
75034, Frisco, TX $2,985 $1,663 $2,185 $2,900
75219, Dallas, TX $850 $1,499 $2,600 $2,295
75035, Frisco, TX $2,000 $1,531 $2,188 $2,800
76179, Fort Worth, TX N/A N/A $1,600 $2,100
75204, Dallas, TX $1,200 $1,220 $3,225 $3,000
75206, Dallas, TX $1,350 $1,200 $2,500 $2,298
76244, Fort Worth, TX $2,000 N/A $1,899 $2,300
75098, Wylie, TX $2,000 N/A N/A $2,550
75214, Dallas, TX $1,195 $1,350 $2,300 $1,995

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 $1,425 and an average price per square feet of $1.26. There are a total of 28 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 0.02%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by -0.01% 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.
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