Average Rent in Grand Prairie, TX

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Current Versus Historical Grand Prairie, TX Rents

Grand Prairie rentals average $2,000 for a studio rental to $2,795 for a 4-bedroom rental. The median price of all currently available listings is $2,395, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have risen over the last year. Studio rentals prices have decreased by $711 (-26.23%) year-over-year from $2,711 to $2,000. 1-bedroom rentals prices have increased by $112 (8.42%) year-over-year from $1,326 to $1,438. 2-bedroom rentals prices have increased by $433 (26.74%) year-over-year from $1,618 to $2,050. 3-bedroom rentals prices have increased by $93 (4.39%) year-over-year from $2,108 to $2,200. 4-bedroom rentals prices have increased by $3 (0.09%) year-over-year from $2,770 to $2,773. 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 59.15% this month. 1-bedroom rents have gone up by 1.40% this month. 2-bedroom rents have gone up by 12.85% this month. 3-bedroom rents have gone down by 0.64% this month. 4-bedroom rents have gone up by 1.46% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.95 $2,000 $2,711 (-26.23%) $2,011 (-0.55%)
1 BR $1.58 $1,438 $1,326 (8.42%) $1,309 (9.87%)
2 BR $1.67 $2,050 $1,618 (26.74%) $1,447 (41.67%)
3 BR $1.34 $2,200 $2,108 (4.39%) $2,035 (8.11%)
4+ BR $1.25 $2,773 $2,770 (0.09%) $2,717 (2.06%)

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 17 cities nearby Grand Prairie. The average rent in Grand Prairie is currently $2,350 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that North Richland Hills, TX, with an average rent of $1,995, is the most affordable city nearby. In contrast, the most expensive city near Grand Prairie, TX is University Park, TX. Monthly rents here are on average $4,500 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 16.25% more expensive than other cities nearby. One bedrooms are about 1.69% more affordable. Two bedrooms in Grand Prairie, TX are about 13.33% more expensive. Finally, rent for three bedrooms are about 6.55% more affordable. Want more information? Check out the top 10 cities out of 17 total cities near Grand Prairie, TX in the following chart.
City Studio 1 Bed 2 Bed All
North Richland Hills, TX $1,415 $1,010 $1,500 $1,995
Cedar Hill, TX $1,675 N/A $1,550 $2,075
Arlington, TX $1,650 $1,200 $1,508 $2,150
Bedford, TX $500 $1,175 $1,495 $2,250
DeSoto, TX $2,251 N/A $1,950 $2,300
Euless, TX $1,350 $1,278 $1,502 $2,315
Mansfield, TX $1,405 $1,475 $2,150 $2,350
Grapevine, TX $700 $1,715 $1,963 $2,595
Irving, TX $2,025 $1,199 $1,983 $2,600
University Park, TX N/A $1,750 $3,075 $4,500

Top Neighborhoods Near Grand Prairie

There are a total of 2 neighborhoods in or near Grand Prairie. We've included all of these top 2 neighborhoods in or near Grand Prairie, TX in the following chart.

The average rent for these 2 neighborhoods in or near Grand Prairie, TX is currently around $3,055 per month. Meaning, only two neighborhoods have a higher average rent than $3,055. Interestingly, the neighborhoods' average rent is higher than Grand Prairie's average rent, which is only $2,395. Out of all the neighborhoods in or near Grand Prairie, North Oaklawn has the most affordable average rent at $2,610 per month. Whereas, at $3,500 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
North Oaklawn, Dallas, TX N/A $1,310 $2,825 $2,610
Oak Lawn, Dallas, TX $1,422 $2,350 $4,000 $3,500

Top Counties Near Grand Prairie

There are a total of 2 counties located by Grand Prairie, TX. Some of these counties include Arlington, TX, Midlothian, TX, and Northeast Tarrant, TX. The average rent for rentals in these counties is $2,325. 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 $2,800, The Colony, TX is the most expensive county by Grand Prairie, TX.

Typically, rent for studios in Grand Prairie, TX is 13.75% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Grand Prairie, TX is 10.34% more affordable than other counties nearby. Finally, rent for two bedrooms in Grand Prairie, TX is 21.11% 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 $1,750 $1,200 $1,550 $2,200
Midlothian, TX $2,998 $1,375 $1,598 $2,200
Northeast Tarrant, TX $1,605 $1,215 $1,600 $2,250
Southwest Dallas, TX $1,850 $1,400 $1,950 $2,300
Waxahachie, TX $2,700 $1,550 $1,500 $2,350
Lewisville-Flower Mound, TX $3,000 $1,229 $2,340 $2,600
Carrollton, Lewisville, TX $1,600 $1,605 $2,300 $2,735
The Colony, TX $2,990 N/A $2,025 $2,800

Top Zipcodes Near Grand Prairie

There are a total of 22 zipcodes in or near Grand Prairie, TX. The average rent for all of these zipcodes is $2,544. A total of 8 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 $1,685 per month. In comparison, the zipcode with the most expensive average rent of $3,148 per month is 75063, Irving, TX.

Studios in these zipcodes have an average rent of $1,375. That's at least $1 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 $1,178 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,200 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 $3,028 $1,665 $2,398 $2,990
75219, Dallas, TX $920 $1,387 $2,600 $2,500
75204, Dallas, TX $1,836 $1,521 $3,150 $3,000
75056, Lewisville, TX $463 $1,595 $2,200 $2,598
75024, Plano, TX $2,100 N/A $2,325 $2,973
76063, Mansfield, TX $1,400 $1,475 $2,150 $2,350
75052, Grand Prairie, TX N/A N/A $2,180 $2,390
76051, Grapevine, TX $700 $1,715 $1,963 $2,570
76040, Arlington, TX $1,350 $1,195 $2,448 $2,798
75067, Lewisville, TX $3,100 N/A $2,600 $2,548

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 $2,395. 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 $2,000 and an average price per square feet of $0.95. There are a total of 9 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 $1,180 and an average price per square feet of $1.58. There are a total of 4 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 $2,250 and an average price per square feet of $1.67. There are a total of 9 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 -0.26%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.27%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in Grand Prairie, TX?
A reasonable rent price in Grand Prairie, TX is around $1,916/month. You can search for these reasonably priced rental listings on RentHop.
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