Average Rent in Grand Prairie, TX

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Current Versus Historical Grand Prairie, TX Rents

Grand Prairie rentals average $2,644 for a studio rental to $2,800 for a 4-bedroom rental. The median price of all currently available listings is $2,438, or roughly $1 per square feet.
For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $220 (7.25%) year-over-year from $3,030 to $3,250. 1-bedroom rentals prices have decreased by $155 (-11.62%) year-over-year from $1,335 to $1,180. 2-bedroom rentals prices have increased by $82 (4.90%) year-over-year from $1,666 to $1,748. 3-bedroom rentals prices have increased by $76 (3.49%) year-over-year from $2,174 to $2,250. 4-bedroom rentals prices have increased by $109 (4.06%) year-over-year from $2,691 to $2,800. 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 32.76% this month. 1-bedroom rents have gone down by 12.59% this month. 2-bedroom rents have gone down by 0.88% this month. 3-bedroom rents have gone up by 3.17% this month. 4-bedroom rents have gone up by 2.75% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.95 $3,250 $3,030 (7.25%) $2,041 (59.24%)
1 BR $1.59 $1,180 $1,335 (-11.62%) $1,411 (-16.39%)
2 BR $1.67 $1,748 $1,666 (4.90%) $1,521 (14.93%)
3 BR $1.38 $2,250 $2,174 (3.49%) $2,068 (8.78%)
4+ BR $1.26 $2,800 $2,691 (4.06%) $2,687 (4.22%)

Historical Rents in Grand Prairie, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Grand Prairie

There are a total of 15 cities nearby Grand Prairie. The average rent in Grand Prairie is currently $2,400 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that North Richland Hills, TX, with an average rent of $1,790, is the most affordable city nearby. In contrast, the most expensive city near Grand Prairie, TX is Flower Mound, TX. Monthly rents here are on average $3,038 per month.

Let's compare Grand Prairie, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Grand Prairie, TX is 35.50% more expensive than other cities nearby. One bedrooms are about 11.16% more affordable. Two bedrooms in Grand Prairie, TX are about 11.28% more expensive. Finally, rent for three bedrooms are about 1.00% more affordable. Want more information? Check out the top 10 cities out of 15 total cities near Grand Prairie, TX in the following chart.
City Studio 1 Bed 2 Bed All
North Richland Hills, TX $1,028 $1,200 $1,543 $1,790
Cedar Hill, TX $1,675 N/A $1,575 $2,085
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
Waxahachie, TX $2,715 $1,550 $1,770 $2,298
Mansfield, TX $1,995 $1,450 $2,050 $2,307
Midlothian, TX $3,250 $1,338 $1,573 $2,500
Grapevine, TX $1,275 $1,630 $1,895 $2,573
Irving, TX $2,075 $1,295 $2,195 $2,670

Top Neighborhoods Near Grand Prairie

There are a total of 3 neighborhoods in or near Grand Prairie. Some of these neighborhoods include Cedar Crest, North Oaklawn, and Oak Lawn. We've included all of these top 3 neighborhoods in or near Grand Prairie, TX in the following chart.

The average rent for these 3 neighborhoods in or near Grand Prairie, TX is currently around $2,775 per month. A total of one neighborhood has a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,775. Interestingly, the neighborhoods' average rent is higher than Grand Prairie's average rent, which is only $2,438. Out of all the neighborhoods in or near Grand Prairie, Cedar Crest has the most affordable average rent at $2,000 per month. Whereas, at $3,575 average rent per month, Oak Lawn is the most expensive neighborhood in or near Grand Prairie. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
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 Grand Prairie

There are a total of 3 counties located by Grand Prairie, TX. Some of these counties include Arlington, TX, Northeast Tarrant, TX, and Southwest Dallas, TX. The average rent for rentals in these counties is $2,355. That's roughly around $1 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Arlington, TX. It's average rent per month is $2,200. Vice versa, with an average rent of $2,850, The Colony, TX is the most expensive county by Grand Prairie, TX.

Typically, rent for studios in Grand Prairie, TX is 1.08% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Grand Prairie, TX is 10.15% more affordable than other counties nearby. Finally, rent for two bedrooms in Grand Prairie, TX is 10.15% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Arlington, TX $1,795 $1,200 $1,595 $2,200
Northeast Tarrant, TX $1,605 $1,210 $1,543 $2,250
Southwest Dallas, TX $2,000 $1,400 $1,915 $2,300
Midlothian, TX $3,250 $1,338 $1,670 $2,348
Waxahachie, TX $2,630 $1,550 $1,573 $2,363
Lewisville-Flower Mound, TX $2,850 $1,229 $2,225 $2,500
Carrollton, Lewisville, TX $2,600 $1,640 $2,300 $2,730
The Colony, TX $2,830 N/A $2,025 $2,850

Top Zipcodes Near Grand Prairie

There are a total of 19 zipcodes in or near Grand Prairie, TX. The average rent for all of these zipcodes is $2,550. A total of 7 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 $1,598 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 $1,300. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Grand Prairie, TX is $1,220 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,225 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Grand Prairie, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75034, Frisco, TX $2,985 $1,663 $2,185 $2,900
75219, Dallas, TX $850 $1,499 $2,600 $2,295
75204, Dallas, TX $1,200 $1,220 $3,225 $3,000
75056, Lewisville, TX $25 $1,535 $1,968 $2,550
75024, Plano, TX $2,100 N/A $2,300 $3,125
76063, Mansfield, TX $1,698 $1,450 $2,050 $2,304
75052, Grand Prairie, TX N/A N/A $2,118 $2,400
76051, Grapevine, TX $1,275 $1,630 $1,895 $2,550
76040, Arlington, TX $1,805 $1,195 $2,780 $2,650
75067, Lewisville, TX $3,100 N/A $2,500 $2,500

Frequently Asked Questions - Grand Prairie Average Rents

What is the average rent price in Grand Prairie, TX?
The average monthly rental price for Grand Prairie, TX apartments for rent is approximately $2,438. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Grand Prairie, 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 Grand Prairie, TX.
How much is a studio apartment in Grand Prairie, TX?
The average monthly rental price for studio apartments is $2,644 and an average price per square feet of $0.95. There are a total of 10 studio apartment listings currently available for rent in Grand Prairie.
How much is a one bedroom apartment in Grand Prairie, TX?
The average monthly rental price for one bedroom apartments is $1,165 and an average price per square feet of $1.59. There are a total of 3 one bedroom apartment listings currently available for rent in Grand Prairie.
How much is a two bedroom apartment in Grand Prairie, TX?
The average monthly rental price for two bedroom apartments is $1,995 and an average price per square feet of $1.67. There are a total of 13 two bedroom apartment listings currently available for rent in Grand Prairie.
How have rent prices in Grand Prairie, TX changed this year?
Rent prices for rentals in Grand Prairie, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.07%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.03% year-over-year.
What is a reasonable rent price in Grand Prairie, TX?
A reasonable rent price in Grand Prairie, TX is around $1,950/month. You can search for these reasonably priced rental listings on RentHop.
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