Average Rent in University Park, TX

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Current Versus Historical University Park, TX Rents

University Park rentals average $1,750 for a 1-bedroom rental to $9,500 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $3 per square feet.

For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $9,000 to $9,000. 1-bedroom rentals prices have decreased by $430 (-19.72%) year-over-year from $2,180 to $1,750. 2-bedroom rentals prices have increased by $187 (6.64%) year-over-year from $2,813 to $3,000. 3-bedroom rentals prices have increased by $67 (1.35%) year-over-year from $4,933 to $5,000. 4-bedroom rentals prices have increased by $667 (7.77%) year-over-year from $8,583 to $9,250. 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 0.00% this month. 1-bedroom rents have gone up by 0.19% this month. 2-bedroom rents have gone down by 12.92% this month. 3-bedroom rents have gone up by 3.48% this month. 4-bedroom rents have gone up by 1.37% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.50	$1,750	$2,180 (-19.72%)	$1,132 (54.64%)
2 BR	$2.10	$3,000	$2,813 (6.64%)	$2,913 (2.97%)
3 BR	$2.67	$5,000	$4,933 (1.35%)	$4,558 (9.69%)
4+ BR	$2.66	$9,250	$8,583 (7.77%)	$8,317 (11.22%)

Historical Rents in University Park, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near University Park

There are a total of 1 cities nearby University Park. The average rent in University Park is currently $4,500 per month. Only one city nearby has an average rent lower than that. Our records show that University Park, TX, with an average rent of $4,500, is the most affordable city nearby. In contrast, the most expensive city near University Park, TX is University Park, TX. Monthly rents here are on average $4,500 per month.

Let's compare University Park, TX's rent against other top cities nearby by bedroom size. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in University Park, TX are on par with the other cities nearby. Finally, rent for three bedrooms are about 7.00% more affordable. Want more information? Check out the top 1 cities near University Park, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
University Park, TX	N/A	$1,750	$3,075	$4,500

Top Neighborhoods Near University Park

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

The average rent for these 2 neighborhoods in or near University Park, TX is currently around $3,055 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near University Park, 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 University Park. 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 University Park

There are a total of 2 counties located by University Park, TX.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near University Park

There are a total of 5 zipcodes in or near University Park, TX. The average rent for all of these zipcodes is $2,199. A total of 5 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 $2,500 per month is 75219, Dallas, TX.

Studios in these zipcodes have an average rent of $1,243. 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 University Park, TX is $1,350 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,340 per month. Which comes out to $2 per sqft. The following chart includes the top 5 zipcodes in University Park, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75206, Dallas, TX	$1,243	$1,300	$2,400	$2,226
75219, Dallas, TX	$920	$1,387	$2,600	$2,500
75231, Dallas, TX	$1,202	$1,280	$1,700	$1,523
75214, Dallas, TX	$2,100	$1,350	$2,340	$2,199
75235, Dallas, TX	$1,294	$1,400	$2,308	$1,686

Frequently Asked Questions - University Park Average Rents

What is the average rent price in University Park, TX?

The average monthly rental price for University Park, TX apartments for rent is approximately $4,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do University Park, 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 University Park, TX.

How much is a studio apartment in University Park, 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 0 studio apartment listings currently available for rent in University Park.

How much is a one bedroom apartment in University Park, TX?

The average monthly rental price for one bedroom apartments is $1,750 and an average price per square feet of $2.50. There are a total of 3 one bedroom apartment listings currently available for rent in University Park.

How much is a two bedroom apartment in University Park, TX?

The average monthly rental price for two bedroom apartments is $3,075 and an average price per square feet of $2.10. There are a total of 16 two bedroom apartment listings currently available for rent in University Park.

How have rent prices in University Park, TX changed this year?

Rent prices for rentals in University Park, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.20%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.01% year-over-year.

What is a reasonable rent price in University Park, TX?

A reasonable rent price in University Park, TX is around $3,600/month. You can search for these reasonably priced rental listings on RentHop.