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Apartments for Rent in Peak's Addition, Dallas, TX - 19 Rentals available

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Renter’s Guide to Peak’s Suburban Addition, Dallas, TX

Dallas’ oldest residential neighborhood (established in 1855), Peak’s Suburban Addition is architecturally unique, as it showcases Victorian, Prairie and Craftsmen and Streetcar styles. With just over 500 homes, it’s definitely not among the biggest of the city’s neighborhoods. Its situation in Old East Dallas, though, —flanked by Deep Ellum, Swiss AvenueMunger Place and the Hollywood Hills – Santa Monica neighborhoods—accounts just as much for its popularity as for its dynamism.

How far is Peak’s Suburban Addition from Downtown Dallas?

Downtown Dallas lies just two-and-a-half miles southwest, the drive taking just over 10 minutes.

Peak's Addition, Dallas, TX Demographics

  • Total Population3,859
  • Female 1,996
    Male 1,863
  • Median Age34

Cost of Living in Peak’s Suburban Addition, Dallas

The cost of living in Peak’s Suburban Addition is slightly lower than in downtown. The best restaurants in Peak’s Suburban Addition are Tex Mex or burger joints, and a meal for two will cost between $35-50. Full utilities for a one-bedroom apartment cost around $162.

You can get downtown via the Rapid Transit bus service for $2.50 (2-hour pass) or $5 (day pass). Or, to get on the DART train line, it’s a 25-minute walk to either Baylor University Station or Deep Ellum Station.

Average Rent in Peak's Addition, Dallas, TX

  • Peak's Addition, Dallas, TX Average Rental Price, January 2020 $1,720 /mo

Peak's Addition, Dallas, TX Apartment Rent Ranges

  • $701-$1,0004%
  • $1,001-$1,50041%
  • $1,501-$2,00032%
  • > $2,00022%

Peak's Addition, Dallas, TX Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Jan / 2020
Peak's Addition, Dallas, TX $1,615 $1,628 $1,652 $1,629 $1,627 $1,648 $1,655 $1,725 $1,720
National $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,474

Living in Peak’s Suburban Addition, Dallas

There are many benefits to living in Peak’s Suburban Addition. It’s a vibrant, aesthetically diverse area with a rich and tangible sense of history. But among all the pros of living in Peak’s Suburban Addition, the biggest of them all is the location: residents have all the perks of Downtown Dallas at their disposal.

It’s difficult to find reasons not to live in Peak’s Suburban Addition. For those looking for peace and quiet, the only disadvantage might be the proximity to the center. However, Peak’s Suburban Addition has a slow-paced suburban feel, just as the other peripheral neighborhoods near White Rock Lake do.

Things to do in Peak’s Suburban Addition, Dallas

The neighborhood is home to a number of parks, from the recently renovated Buckner Park to the Dog Park in the Meadow’s Foundation. It is not far from the picturesque botanical gardens of the Dallas Arboretum and Fair Park either. The latter is a historic landmark with top family attractions, including the annual Cotton Bowl.

Every October sees the return of Porchfest—the neighborhood’s grassroots music-, arts- and food festival. Residents also benefit from all the shopping centers and malls (not to mention attractions and points of interest) of central Dallas. As for nightlife in Peak’s Suburban Addition, the nearby Bryan Street Tavern offers good food and live music to level up your experience.

Employment and Economy in Peak’s Suburban Addition

Dallas resides an impressive 21 Fortune 500 companies, including AT&T, Dean Foods and Texas Instruments, which account for many executive jobs in the metro area. The three biggest employers are AMR, Wal-Mart Stores Inc. and Lockheed Martin Aeronautics.

Peak's Addition, Dallas, TX Households

  • Total Number of Households1,938
  • Family 584
    Non-family 1,354
  • Children 263
    No Children 1,675
  • Average People Per Household2.02
  • Median Household Income$47,127
  • Median Housing Costs Per Month$980

Education in Peak’s Suburban Addition

Peak’s Suburban Addition falls under the authority of the Dallas Independent School District. The neighborhood’s elementary school is Ignacio Zaragoza Elementary, which has seen annual improvements to already impressive test scores. For middle school, children attend Alex W. Spence Gifted/Talented Academy and for high school North Dallas High School.

Peak's Addition, Dallas, TX Education Statistics

  • No High School10%
  • Some High School24%
  • Some College19%
  • Associate Degree4%
  • Bachelor Degree29%
  • Graduate Degree15%

Tips for Renting in Peak’s Suburban Addition

It’s a good idea to read up on renters’ rights in Dallas before moving to Peak’s Suburban Addition—particularly your state-specific right to “quiet enjoyment”, protecting you from disturbance from your landlord or fellow tenants. It is also your landlord’s duty to repair anything in the property that poses a health and safety risk.

  • Most Expensive Rental

    GRAND MANOR $4,000 - $6,000
  • Least Expensive Rental

    DRAKE $915

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