Downtown Dallas, Dallas, TX Rental Market Trends
Last updated: June 04, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Dallas is $2,049, a 0.23% decrease compared to the previous year, when the average rent was $2,054.
Studio Apartments at $1,462 offer the most budget-friendly option with 607 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 832 square feet for $1,801, balancing privacy and affordability.
Two-beedroom units at $2,563 offer 1,259 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,630 sq ft) for $4,115, suitable for larger households.
Average rent in Downtown Dallas, Dallas, TX
Last updated: June 04, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,049 | 959 sq. ft. |
| Studio | $1,462 | 607 sq. ft. |
| 1 Bed | $1,801 | 832 sq. ft. |
| 2 Beds | $2,563 | 1,259 sq. ft. |
| 3 Beds | $4,115 | 1,630 sq. ft. |
Downtown Dallas, Dallas, TX rent trends
Rental prices in Downtown Dallas, Dallas, TX have decreased by 0.23% over the past year. The average rent moved from $2,054 to $2,049.
What's the typical rent budget in Downtown Dallas, Dallas, TX?
The largest share of rentals in Downtown Dallas, Dallas, TX (40%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Dallas, Dallas, TX?
7,679 or 87% of the households in Downtown Dallas, Dallas, TX are renter-occupied while 1,159 or 13% are owner-occupied.
Most affordable neighborhoods in Downtown Dallas?
Beacon Hill $935/month
Wisdom Creek $1,032/month
Cambridge $1,042/month
All of these neighborhoods fall below the city wide average of $1,587/month.Most expensive neighborhoods in Downtown Dallas?
Victory Park $2,290/month
West Side at State Thomas $2,414/month
Uptown Dallas $2,831/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Dallas, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Uptown Dallas | $2,831 |
| West Side at State Thomas | $2,414 |
| Victory Park | $2,290 |
| Lower Greenville | $2,266 |
| Oak Lawn | $2,229 |
| Downtown Dallas | $2,070 |
| Medical District | $1,958 |
| Knox Henderson | $1,901 |
| Cedars | $1,895 |
| Design District | $1,887 |
| Deep Ellum | $1,836 |
| Everwood | $1,813 |
| Forest Hills | $1,802 |
| Addison Circle | $1,787 |
| Royalhaven | $1,768 |
| Fort Worth Ave | $1,730 |
| North Dallas | $1,720 |
| Love Field | $1,709 |
| Cityplace | $1,695 |
| Peninsula | $1,683 |
| Montabella | $1,679 |
| Bryan Place | $1,675 |
| Merriman Park/University Manor | $1,661 |
| Prestonwood Creek | $1,618 |
| Bent Tree West | $1,608 |
| Wynnewood | $1,591 |
| Grand Estates at Kessler Park | $1,583 |
| Botello | $1,556 |
| Maple Lawn | $1,494 |
| Clifton Place | $1,478 |
| Koreatown | $1,469 |
| Arcadia Park | $1,469 |
| Boardwalk on the Parkway | $1,465 |
| Lakewood - Dallas | $1,454 |
| Junius Heights | $1,437 |
| Highland Meadows | $1,437 |
| Residence at The Oaks | $1,436 |
| Perry Heights | $1,429 |
| Walnut Hills | $1,403 |
| Lake Gardens | $1,389 |
| Northwood Hills | $1,364 |
| Vickery Meadow | $1,331 |
| Wolf Creek | $1,326 |
| Vista Real | $1,324 |
| Parkway Village | $1,318 |
| San Raphael | $1,317 |
| Bradford Estates | $1,294 |
| Parkway Lane | $1,289 |
| East Dallas Ferguson | $1,287 |
| Cadillac Heights | $1,286 |
| Hollywood-Santa Monica | $1,283 |
| Sunset Oaks | $1,278 |
| Prestonwood | $1,272 |
| Heart of Oak Cliff | $1,263 |
| Chapel Forest | $1,262 |
| Timberglen | $1,260 |
| Bent Trail | $1,248 |
| Casa View Heights | $1,242 |
| Kessler Heights | $1,227 |
| Lake Highlands | $1,227 |
| Independence Park | $1,225 |
| Ridgewood Park | $1,225 |
| Buckner Terrace | $1,223 |
| Five Mile Creek | $1,204 |
| Eastwood | $1,199 |
| Pleasant Grove | $1,197 |
| Twin Creek Estates | $1,196 |
| Munger Place | $1,189 |
| Claremont | $1,183 |
| Fair Park | $1,179 |
| Chimney Hill | $1,154 |
| Carbondale | $1,150 |
| White Rock Village | $1,148 |
| Piedmont | $1,147 |
| Walnut Hill Estates | $1,145 |
| Vinings at Central | $1,133 |
| Preston Road Highlands | $1,119 |
| Venue at Greenville | $1,118 |
| St Augustine Highlands | $1,115 |
| Hillview Terrace | $1,112 |
| Red Bird Center | $1,100 |
| Forestwood on the Creek | $1,074 |
| Whispering Hills | $1,070 |
| Park Lane Place | $1,068 |
| The Thread | $1,065 |
| Braeburn Glen | $1,062 |
| Oak Tree Colony | $1,057 |
| Briarwood Estates | $1,056 |
| Cambridge | $1,042 |
| Wisdom Creek | $1,032 |
| Beacon Hill | $935 |
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Dallas | Rent Comparison by Neighborhood
Rent in Downtown Dallas is 16% higher than in Addison Circle
$2,070
Downtown Dallas rent is 1% higher than Dallas average
Average Rent
$2,070
$1,787
Addison Circle rent is 13% lower than Dallas average
Average Rent
$1,787
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Dallas apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.