Downtown Dallas, Dallas, TX Rental Market Trends
Last updated: July 05, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Dallas is $2,070, a 0.31% increase compared to the previous year, when the average rent was $2,064.
Studio Apartments at $1,499 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 $1,818, balancing privacy and affordability.
Two-beedroom units at $2,589 offer 1,259 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,630 sq ft) for $4,159, suitable for larger households.
Average rent in Downtown Dallas, Dallas, TX
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,070 | 959 sq. ft. |
| Studio | $1,499 | 607 sq. ft. |
| 1 Bed | $1,818 | 832 sq. ft. |
| 2 Beds | $2,589 | 1,259 sq. ft. |
| 3 Beds | $4,159 | 1,630 sq. ft. |
Downtown Dallas, Dallas, TX rent trends
Rental prices in Downtown Dallas, Dallas, TX have increased by 0.31% over the past year. The average rent moved from $2,064 to $2,070.
What's the typical rent budget in Downtown Dallas, Dallas, TX?
The largest share of rentals in Downtown Dallas, Dallas, TX (42%) 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 $889/month
Briarwood Estates $1,024/month
Wisdom Creek $1,032/month
All of these neighborhoods fall below the city wide average of $1,593/month.Most expensive neighborhoods in Downtown Dallas?
Victory Park $2,259/month
West Side at State Thomas $2,430/month
Uptown Dallas $2,862/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 | $2,862 |
| West Side at State Thomas | $2,430 |
| Victory Park | $2,259 |
| Oak Lawn | $2,230 |
| Lower Greenville | $2,163 |
| Downtown Dallas | $2,090 |
| Cedars | $2,014 |
| Medical District | $1,940 |
| Knox Henderson | $1,921 |
| Design District | $1,893 |
| Deep Ellum | $1,865 |
| Forest Hills | $1,801 |
| Everwood | $1,780 |
| Royalhaven | $1,730 |
| Addison Circle | $1,727 |
| Fort Worth Ave | $1,711 |
| Love Field | $1,687 |
| Cityplace | $1,683 |
| North Dallas | $1,681 |
| Bryan Place | $1,677 |
| Lochwood | $1,659 |
| Peninsula | $1,646 |
| Montabella | $1,640 |
| Bent Tree West | $1,621 |
| Grand Estates at Kessler Park | $1,614 |
| Botello | $1,609 |
| Prestonwood Creek | $1,596 |
| Merriman Park/University Manor | $1,581 |
| Arcadia Park | $1,580 |
| Boardwalk on the Parkway | $1,492 |
| Junius Heights | $1,477 |
| Lakewood - Dallas | $1,470 |
| Perry Heights | $1,461 |
| Clifton Place | $1,460 |
| Residence at The Oaks | $1,447 |
| Highland Meadows | $1,437 |
| Maple Lawn | $1,435 |
| Wynnewood | $1,385 |
| Vista Real | $1,364 |
| Northwood Hills | $1,354 |
| Vickery Meadow | $1,335 |
| Parkway Village | $1,324 |
| Wolf Creek | $1,316 |
| Parkway Lane | $1,315 |
| Bradford Estates | $1,307 |
| Koreatown | $1,297 |
| Cadillac Heights | $1,292 |
| Lake Gardens | $1,280 |
| Prestonwood | $1,273 |
| Chapel Forest | $1,273 |
| Hollywood-Santa Monica | $1,272 |
| Sunset Oaks | $1,263 |
| San Raphael | $1,247 |
| Kessler Heights | $1,245 |
| Buckner Terrace | $1,243 |
| East Dallas Ferguson | $1,242 |
| Timberglen | $1,234 |
| Lake Highlands | $1,228 |
| Heart of Oak Cliff | $1,227 |
| Bent Trail | $1,215 |
| Casa View Heights | $1,212 |
| Chimney Hill | $1,211 |
| Five Mile Creek | $1,211 |
| Vista Del Cielo | $1,208 |
| Twin Creek Estates | $1,204 |
| Ridgewood Park | $1,201 |
| Pleasant Grove | $1,201 |
| Independence Park | $1,190 |
| Piedmont | $1,169 |
| Fair Park | $1,159 |
| Red Bird Center | $1,147 |
| Walnut Hill Estates | $1,147 |
| St Augustine Highlands | $1,138 |
| Vinings at Central | $1,136 |
| Claremont | $1,133 |
| White Rock Village | $1,119 |
| Carbondale | $1,116 |
| Eastwood | $1,116 |
| Landmark at Rosewood | $1,112 |
| Oak Tree Colony | $1,110 |
| Whispering Hills | $1,107 |
| Preston Road Highlands | $1,105 |
| The Thread | $1,089 |
| Hillview Terrace | $1,083 |
| Braeburn Glen | $1,066 |
| Forestwood on the Creek | $1,064 |
| Venue at Greenville | $1,061 |
| Park Lane Place | $1,061 |
| Munger Place | $1,040 |
| Cambridge | $1,039 |
| Wisdom Creek | $1,032 |
| Briarwood Estates | $1,024 |
| Beacon Hill | $889 |
Dallas | Rent Comparison by Neighborhood
Rent in Downtown Dallas is 21% higher than in Addison Circle
Downtown Dallas rent is 1% higher than Dallas average
Addison Circle rent is 17% lower than Dallas average
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.