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Rental market trends in Dallas, TX

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Average Rent in Dallas, TX

Avg. Rent	Annual Change
Studio - $1,430	-9%
1 Bed - $1,348	-15%
2 Beds - $1,947	-6%

Last updated 3/22/2023

Average Apartment Cost in Dallas, TX

The average rent for apartments in Dallas, TX, is between $1,348 and $1,947 in 2023. For a studio apartment in Dallas, TX, the average rent is $1,430. When it comes to 1-bedroom apartments, the average rent in Dallas, TX, is $1,348. For a 2-bedroom apartment, the average rent is $1,947.

Apartment Rent Ranges in Dallas, TX

	Apartment Prices Proportion

		0%			7%			24%			21%			47%

Neighborhood Apartment Rent Trends in Dallas, TX

Neighborhood	Studio Avg Rent	Annual Change
Vickery	$2,523	+294%
Design District	$2,307	+82%
Victory Park	$2,165	+4%
Central Dallas	$1,912	+2%
Lake Highlands	$1,899	+47%
Medical District	$1,715	+34%
Cedars	$1,650	-12%
South Dallas	$1,650	-12%
Northeast Dallas	$1,625	+31%
Knox Henderson	$1,615	+9%
North Dallas	$1,560	+11%
West Dallas	$1,557	--
Henderson	$1,402	+1%
Bishop Arts District	$1,395	--
East Dallas	$1,385	-6%
Oak Cliff	$1,299	+28%
North Oak Cliff	$1,299	+28%
Old East Dallas	$1,285	+13%
Downtown	$1,230	-34%
Peak's Addition	$1,150	--
Oak Lawn	$1,100	-2%
North Oaklawn	$1,100	--
Lovers Lane	$1,095	--
Midtown	$1,065	--
Far North Dallas	$1,055	+6%
Northwest Dallas	$1,005	+17%
Bachman-Northwest Highway	$1,005	--
RANDCO	$758	--
Vickery Meadows	$695	+8%

Neighborhood	1 Bed Avg Rent	Annual Change
Uptown	$2,219	-6%
Bishop Arts District	$2,000	--
South Dallas	$1,950	+65%
North Dallas	$1,939	+12%
North Oaklawn	$1,899	+75%
West Dallas	$1,858	-6%
Deep Ellum	$1,837	+21%
Knox Henderson	$1,819	-15%
Victory Park	$1,799	-7%
Design District	$1,779	+5%
South Side	$1,775	+17%
Central Dallas	$1,758	-7%
Henderson	$1,742	+5%
Miro	$1,725	+21%
Belmont	$1,700	+26%
North Oak Cliff	$1,545	+19%
Downtown	$1,484	-13%
Medical District	$1,474	-2%
Oak Lawn	$1,462	+21%
East Dallas	$1,455	-5%
Lakewood	$1,450	+93%
Riverway Estates-Bruton Terrace	$1,443	+75%
Oak Cliff	$1,430	+38%
Lower Greenville	$1,395	+40%
Cedars	$1,375	+15%
Midtown	$1,375	-10%
Bryan Place	$1,315	+25%
Prestonwood	$1,274	+4%
Far North Dallas	$1,266	+2%
RANDCO	$1,215	+45%
Old East Dallas	$1,201	+12%
Casa View	$1,136	--
Vickery	$1,135	+21%
Northeast Dallas	$1,125	-13%
Peak's Addition	$1,125	+50%
Cedar Crest	$1,065	+33%
Lake Highlands	$1,057	+3%
Vickery Meadows	$1,050	+12%
Northwest Dallas	$1,045	-16%
Bachman-Northwest Highway	$1,045	--
Preston Hollow	$1,015	-63%
Southeast Dallas	$996	+21%
Lovers Lane	$995	0%
Turlte Creek	$908	-21%
Wolf Creek	$853	--
Pleasant Grove	$850	--

Neighborhood	2 Beds Avg Rent	Annual Change
Uptown	$3,958	+20%
Arts District	$3,900	+81%
Cedars	$3,395	--
Preston Hollow	$3,032	-12%
Deep Ellum	$2,915	--
North Dallas	$2,894	+31%
Bishop Arts District	$2,799	--
Central Dallas	$2,544	-14%
West Dallas	$2,537	+21%
Knox Henderson	$2,497	+6%
Oak Lawn	$2,342	+25%
Victory Park	$2,319	-43%
East Dallas	$2,245	+27%
Lakewood	$2,195	--
Lower Greenville	$2,100	-16%
North Oak Cliff	$2,100	+8%
Belmont	$2,100	--
Oak Cliff	$2,000	+63%
Old East Dallas	$1,997	+43%
Henderson	$1,969	-12%
Design District	$1,919	-1%
Downtown	$1,859	-18%
Medical District	$1,829	0%
Midtown	$1,825	-6%
Far North Dallas	$1,815	+5%
Northeast Dallas	$1,787	+1%
Riverway Estates-Bruton Terrace	$1,664	+42%
Lovers Lane	$1,650	--
Prestonwood	$1,632	-13%
Peak's Addition	$1,550	0%
Lake Highlands	$1,497	+11%
Casa View	$1,442	--
Vickery	$1,435	-3%
Northwest Dallas	$1,399	+13%
Vickery Meadows	$1,350	-9%
Bachman-Northwest Highway	$1,275	--
RANDCO	$1,175	0%
Southeast Dallas	$1,172	+6%
South Dallas	$1,150	+35%
Cedar Crest	$1,065	+5%
Pleasant Grove	$1,050	--
Wolf Creek	$1,018	--

How Other Cities Compare to Dallas, TX

City	Studio Avg Rent	Annual Change
Frisco	$1,862	+10%
Bedford	$1,813	-16%
Richardson	$1,770	+109%
DeSoto	$1,738	+43%
Rockwall	$1,631	--
Arlington	$1,604	+20%
Lewisville	$1,579	+1%
Grapevine	$1,549	--
Irving	$1,525	-15%
Grand Prairie	$1,491	+8%
Mansfield	$1,470	--
Plano	$1,431	+6%
Carrollton	$1,399	+9%
The Colony	$1,343	-11%
Addison	$1,317	+2%
Fort Worth	$1,297	+6%
Garland	$1,252	+6%
Euless	$1,194	+22%
Denton	$1,116	+40%
Mesquite	$923	0%

City	1 Bed Avg Rent	Annual Change
Richardson	$1,921	+8%
Rockwall	$1,742	+13%
The Colony	$1,651	+5%
Frisco	$1,635	-4%
Plano	$1,627	+2%
Grapevine	$1,625	+2%
Allen	$1,600	+32%
Lewisville	$1,557	+12%
Carrollton	$1,529	+4%
McKinney	$1,522	0%
Mansfield	$1,467	+3%
Irving	$1,450	-2%
Addison	$1,447	-3%
Garland	$1,435	+12%
Bedford	$1,420	+3%
Denton	$1,270	+2%
Arlington	$1,257	+19%
Mesquite	$1,228	+13%
Grand Prairie	$1,222	-14%
Fort Worth	$1,192	-6%
DeSoto	$1,100	0%
Euless	$1,084	-4%
Coppell	$1,032	-33%
Greenville	$999	+16%
Carrolton	$810	--

City	2 Beds Avg Rent	Annual Change
Frisco	$2,433	+1%
The Colony	$2,403	+6%
Rockwall	$2,287	+31%
Plano	$2,145	+2%
Coppell	$2,124	0%
Allen	$2,113	+12%
Mansfield	$2,037	+13%
Richardson	$2,024	+8%
Grapevine	$2,009	-11%
Lewisville	$2,008	+10%
Carrollton	$1,986	+11%
Irving	$1,945	+10%
McKinney	$1,915	-5%
Addison	$1,874	-13%
Bedford	$1,840	+7%
Grand Prairie	$1,724	-2%
Denton	$1,647	+8%
Euless	$1,597	+3%
Arlington	$1,580	+16%
Fort Worth	$1,537	-7%
Mesquite	$1,530	+14%
Garland	$1,489	-1%
DeSoto	$1,350	-14%
Greenville	$1,058	+11%

Dallas, TX Rent Trends

Studio	1 Bed	2 Beds
Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023
$1572	$1567	$1501	$1401	$1463	$1523	$1445	$1423	$1437	$1467	$1362	$1417	$1430
$1590	$1548	$1613	$1551	$1544	$1540	$1502	$1440	$1435	$1410	$1397	$1360	$1348
$2070	$2102	$2087	$2073	$2117	$2083	$2044	$1939	$1989	$1942	$1919	$1899	$1942
$2675	$2725	$2455	$2645	$2421	$2587	$2584	$2356	$2226	$2257	$2476	$2301	$2469

Neighborhood Information for Dallas, TX

What are the most affordable neighborhoods in Dallas, TX?

The most affordable neighborhoods in Dallas are Pleasant Grove, where the average 1-bedroom apartment rent goes for $850, Wolf Creek, where renters pay $853 on average for a 1-bedroom apartment, and Turlte Creek, where the average 1-bedroom apartment rent goes for $908. If you're looking for other great deals, check out the listings in Lovers Lane ($995 for a 1-bedroom apartment) or Southeast Dallas ($996 for a 1-bedroom apartment), compared to the $1,348 average for a Dallas 1-bedroom apartment.