Average Rent in Southwest Dallas, TX

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Current Versus Historical Southwest Dallas, TX Rents

Southwest Dallas rentals average $1,850 for a studio rental to $2,797 for a 4-bedroom rental. The median price of all currently available listings is $2,300, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $312 (21.44%) year-over-year from $1,453 to $1,765. 1-bedroom rentals prices have increased by $420 (26.76%) year-over-year from $1,571 to $1,991. 2-bedroom rentals prices have increased by $394 (20.11%) year-over-year from $1,957 to $2,350. 3-bedroom rentals prices have decreased by $83 (-3.50%) year-over-year from $2,383 to $2,300. 4-bedroom rentals prices have increased by $56 (2.08%) year-over-year from $2,684 to $2,740. 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 8.68% this month. 1-bedroom rents have gone up by 12.19% this month. 2-bedroom rents have gone up by 7.22% this month. 3-bedroom rents have gone down by 6.03% this month. 4-bedroom rents have gone up by 2.24% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.79 $1,765 $1,453 (21.44%) $1,446 (22.03%)
1 BR $2.03 $1,991 $1,571 (26.76%) $1,628 (22.30%)
2 BR $1.67 $2,350 $1,957 (20.11%) $2,092 (12.35%)
3 BR $1.42 $2,300 $2,383 (-3.50%) $2,640 (-12.88%)
4+ BR $1.28 $2,740 $2,684 (2.08%) $2,589 (5.82%)

Historical Rents in Southwest Dallas, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Southwest Dallas

There are a total of 36 cities nearby Southwest Dallas. The average rent in Southwest Dallas is currently $2,395 per month. A total of 14 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 Southwest Dallas, TX is University Park, TX. Monthly rents here are on average $4,500 per month.

Let's compare Southwest Dallas, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Southwest Dallas, TX is 3.38% more expensive than other cities nearby. One bedrooms are about 11.49% more expensive. Two bedrooms in Southwest Dallas, TX are about 12.82% more expensive. Finally, rent for three bedrooms are about 1.15% more expensive. Want more information? Check out the top 10 cities out of 36 total cities near Southwest Dallas, TX in the following chart.
City Studio 1 Bed 2 Bed All
Cedar Hill, TX $1,675 N/A $1,550 $2,075
Arlington, TX $1,650 $1,200 $1,508 $2,150
Mesquite, TX $2,050 $1,153 $1,750 $2,198
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
Grand Prairie, TX $2,000 $1,180 $2,250 $2,395
Dallas, TX $1,500 $1,395 $2,375 $2,395
Irving, TX $2,025 $1,199 $1,983 $2,600
University Park, TX N/A $1,750 $3,075 $4,500

Top Neighborhoods Near Southwest Dallas

There are a total of 4 neighborhoods in or near Southwest Dallas. 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 Southwest Dallas, TX in the following chart.

The average rent for these 4 neighborhoods in or near Southwest Dallas, TX is currently around $2,180 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,180. Out of all the neighborhoods in or near Southwest Dallas, Old East Dallas has the most affordable average rent at $1,325 per month. Whereas, at $3,500 average rent per month, Oak Lawn is the most expensive neighborhood in or near Southwest Dallas. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $2,050 $1,195 $1,495 $1,325
Lake Highlands, Dallas, TX $24 $998 $1,549 $1,750
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 Southwest Dallas

There are a total of 4 counties located by Southwest Dallas, TX. Some of these counties include Crandall, TX, Arlington, TX, and Midlothian, TX. The average rent for rentals in these counties is $2,298. That's roughly around $1 per sqft. A total of 14 counties have a lower average rent. The county that is the most affordable is Cleburne, TX. It's average rent per month is $1,638. Vice versa, with an average rent of $2,900, Celina, TX is the most expensive county by Southwest Dallas, TX.

Typically, rent for studios in Southwest Dallas, TX is 13.88% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Southwest Dallas, TX is 3.54% more expensive than other counties nearby. Finally, rent for two bedrooms in Southwest Dallas, TX is 6.41% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Crandall, TX N/A N/A N/A $1,965
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
Northeast Dallas, Dallas, TX $1,800 $1,374 $2,250 $2,300
Waxahachie, TX $2,700 $1,550 $1,500 $2,350
Forney, TX $30 N/A N/A $2,395
Plano, TX $1,825 $1,373 $1,975 $2,650
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 Southwest Dallas

There are a total of 44 zipcodes in or near Southwest Dallas, TX. The average rent for all of these zipcodes is $2,366. A total of 19 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 $1,523 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 $1,630. 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 Southwest Dallas, TX is $1,128 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,900 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Southwest Dallas, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75070, McKinney, TX $1,976 $1,995 $2,100 $2,595
75034, Frisco, TX $3,028 $1,665 $2,398 $2,990
75219, Dallas, TX $920 $1,387 $2,600 $2,500
75035, Frisco, TX $2,000 $1,504 $2,200 $2,800
76179, Fort Worth, TX N/A N/A $1,850 $2,178
75204, Dallas, TX $1,836 $1,521 $3,150 $3,000
75206, Dallas, TX $1,243 $1,300 $2,400 $2,226
76244, Fort Worth, TX $2,000 N/A $1,905 $2,350
75098, Wylie, TX $1,750 N/A $1,800 $2,500
75243, Dallas, TX $7,100 $900 $1,499 $1,549

Frequently Asked Questions - Southwest Dallas Average Rents

What is the average rent price in Southwest Dallas, TX?
The average monthly rental price for Southwest Dallas, TX apartments for rent is approximately $2,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Southwest Dallas, 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 Southwest Dallas, TX.
How much is a studio apartment in Southwest Dallas, TX?
The average monthly rental price for studio apartments is $1,850 and an average price per square feet of $1.79. There are a total of 59 studio apartment listings currently available for rent in Southwest Dallas.
How much is a one bedroom apartment in Southwest Dallas, TX?
The average monthly rental price for one bedroom apartments is $1,400 and an average price per square feet of $2.03. There are a total of 76 one bedroom apartment listings currently available for rent in Southwest Dallas.
How much is a two bedroom apartment in Southwest Dallas, TX?
The average monthly rental price for two bedroom apartments is $1,950 and an average price per square feet of $1.67. There are a total of 133 two bedroom apartment listings currently available for rent in Southwest Dallas.
How have rent prices in Southwest Dallas, TX changed this year?
Rent prices for rentals in Southwest Dallas, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.21%, one bedroom rental prices have changed by 0.27%, two bedroom rental prices have changed by 0.20%, and three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in Southwest Dallas, TX?
A reasonable rent price in Southwest Dallas, TX is around $1,840/month. You can search for these reasonably priced rental listings on RentHop.
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