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Apartments for Rent in Dallas, TX under $600 – 1 Rentals available

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Dallas’s average rent reached $1,256 in January

Dallas’s average rent reached $1,256 in January, after a 0.8% increase since last year. A thriving economic and cultural center and a renter household-majority city (55%), Dallas is a popular location to call home, with apartment prices below the national average of $1,392. [View Full Report]

Dallas-Fort Worth apartment rent report

Dallas's average rent was $1,256 in January

Dallas’s average rent reached $1,256 in January, after a 0.8% increase since last year. A thriving economic and cultural center and a renter household-majority city (55%), Dallas is a popular location to call home, with apartment prices below the national average of $1,392.

The average rent for an apartment in Dallas rose at a slower pace than its surrounding areas, such as Arlington and Fort Worth, where the average rate reached $1,092 and $1,182, respectively, after a 4.5% and 4.8%

Dallas apartment rent report

What it costs to rent in the largest renter hubs in the Dallas area

The city with the largest renter share is Addison (81%), with an average rent of $1,359 after an annual decrease of 1.2%. Second is Irving with 59%, followed by Dallas with a 55% renter population. In Irving, apartment rents decresed by 0.8% since last year, reaching $1,191. Lewisville has the fourth largest share of renters (52%) and an average rent of $1,223, up by 2.3% since last year, while in Euless, where 51% of the population are renters, the average rent is $1,199, going up by 3.8% in the past year.

The priciest and cheapest cities for renters in the Dallas area

Flower Mound is the priciest city for renters in the Dallas–Fort Worth area, with apartments renting for $1,594 per month. Keller’s $1,450 rate is the second most expensive, while apartments in Farmers Branch ($1,443) come in third.

For renters in search of budget-friendly apartments, Greenville rentals are the cheapest in the area, with an average price of $878, followed by Balch Springs rentals, going for $916 per month. Lancaster apartments are the third least pricey on the list, with a $973 monthly average as of January.

Dallas apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Dallas, TX Demographics

  • Total Population1,330,612
  • Female 657,714
    Male 672,898
  • Median Age32.7

Average Rent in Dallas, TX

  • Dallas, TX Average Rental Price, December 2020 $1,249 /mo

Dallas, TX Apartment Rent Ranges

  • $501-$7003%
  • $701-$1,00035%
  • $1,001-$1,50042%
  • $1,501-$2,00013%
  • > $2,0007%

Dallas, TX Rent Trends

Average Rent Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Dec / 2020
Dallas, TX $1,138 $1,156 $1,154 $1,183 $1,191 $1,204 $1,232 $1,242 $1,254 $1,247 $1,249
National $1,373 $1,378 $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
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Check out the average rent prices in Dallas by neighborhood.

Dallas, TX Households

  • Total Number of Households513,443
  • Family 290,796
    Non-family 222,647
  • Children 157,388
    No Children 356,055
  • Average People Per Household2.56
  • Median Household Income$52,580
  • Median Housing Costs Per Month$1,086

Dallas, TX Education Statistics

  • No High School12%
  • Some High School33%
  • Some College19%
  • Associate Degree4%
  • Bachelor Degree20%
  • Graduate Degree11%