Deep Ellum, Dallas, TX Rental Market Trends
Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Deep Ellum is $1,834, a 0.02% increase compared to the previous year, when the average rent was $1,834.
Studio Apartments at $1,705 offer the most budget-friendly option with 837 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 766 square feet for $1,650, balancing privacy and affordability.
Two-beedroom units at $2,294 offer 1,207 square feet, perfect for roommates or small families.
Average rent in Deep Ellum, Dallas, TX
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,834 | 887 sq. ft. |
| Studio | $1,705 | 837 sq. ft. |
| 1 Bed | $1,650 | 766 sq. ft. |
| 2 Beds | $2,294 | 1,207 sq. ft. |
| 3 Beds | n/a | n/a |
Deep Ellum, Dallas, TX rent trends
Rental prices in Deep Ellum, Dallas, TX have increased by 0.02% over the past year. The average rent moved from $1,834 to $1,834.
What's the typical rent budget in Deep Ellum, Dallas, TX?
The largest share of rentals in Deep Ellum, Dallas, TX (36%) 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 Deep Ellum, Dallas, TX?
3,142 or 86% of the households in Deep Ellum, Dallas, TX are renter-occupied while 492 or 14% are owner-occupied.
Most affordable neighborhoods in Deep Ellum?
Lakeview-Lofts $949/month
Beacon Hill $962/month
Wisdom Creek $1,019/month
All of these neighborhoods fall below the city wide average of $1,588/month.Most expensive neighborhoods in Deep Ellum?
Post Abbey $2,379/month
West Side at State Thomas $2,413/month
Uptown Dallas $2,802/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 | $2,802 |
| West Side at State Thomas | $2,413 |
| Post Abbey | $2,379 |
| Victory Park | $2,300 |
| Lower Greenville | $2,245 |
| Oak Lawn | $2,187 |
| Downtown Dallas | $2,060 |
| Cedars | $1,927 |
| Design District | $1,899 |
| Old East Dallas Ranaissance Coalition | $1,884 |
| Modera Galleria | $1,876 |
| Medical District | $1,870 |
| Dallas Land and Loan | $1,862 |
| Chapel Valley | $1,845 |
| Knox Henderson | $1,842 |
| Deep Ellum | $1,834 |
| Village on the Green | $1,812 |
| Addison Circle | $1,789 |
| Forest Hills | $1,785 |
| Everwood | $1,783 |
| Fort Worth Ave | $1,755 |
| North Dallas | $1,717 |
| Peninsula | $1,716 |
| Love Field | $1,684 |
| Cityplace | $1,674 |
| Bryan Place | $1,660 |
| Bent Tree West | $1,605 |
| Grand Estates at Kessler Park | $1,603 |
| Prestonwood Creek | $1,598 |
| Merriman Park/University Manor | $1,594 |
| Wynnewood | $1,589 |
| Royalhaven | $1,580 |
| Montabella | $1,566 |
| Botello | $1,554 |
| Arcadia Park | $1,537 |
| Koreatown | $1,514 |
| Cedar Ridge | $1,482 |
| Lakewood - Dallas | $1,462 |
| Maple Lawn | $1,461 |
| Clifton Place | $1,459 |
| Summit Parc | $1,456 |
| Boardwalk on the Parkway | $1,456 |
| Highland Meadows | $1,451 |
| Residence at The Oaks | $1,442 |
| Northpointe | $1,436 |
| Perry Heights | $1,421 |
| Walnut Hills | $1,413 |
| Junius Heights | $1,393 |
| Northwood Hills | $1,385 |
| Peak's Addition | $1,384 |
| San Raphael | $1,374 |
| Lake Gardens | $1,362 |
| Bradford Estates | $1,349 |
| Vista Real | $1,338 |
| Wolf Creek | $1,334 |
| Wedglea Manor | $1,327 |
| Vickery Meadow | $1,325 |
| Parkway Village | $1,320 |
| Lou Ann | $1,307 |
| East Dallas Ferguson | $1,290 |
| Prestonwood | $1,281 |
| Hollywood-Santa Monica | $1,271 |
| Sunset Oaks | $1,268 |
| Heart of Oak Cliff | $1,266 |
| Timberglen | $1,255 |
| Parkway Lane | $1,254 |
| Bent Trail | $1,251 |
| Casa View Heights | $1,251 |
| Kessler Heights | $1,240 |
| Independence Park | $1,239 |
| Lake Highlands | $1,238 |
| Buckner Terrace | $1,222 |
| Twin Creek Estates | $1,217 |
| Munger Place | $1,215 |
| Oak Park Estates | $1,211 |
| Eastwood | $1,207 |
| Five Mile Creek | $1,207 |
| Pleasant Grove | $1,195 |
| Claremont | $1,191 |
| Vista Del Cielo | $1,180 |
| Horizon Estates | $1,174 |
| Walnut Hill Estates | $1,165 |
| White Rock Village | $1,157 |
| Preston Road Highlands | $1,129 |
| Vinings at Central | $1,126 |
| St Augustine Highlands | $1,114 |
| Hillview Terrace | $1,114 |
| Briarwood Estates | $1,103 |
| Red Bird Center | $1,102 |
| Park Lane Place | $1,082 |
| The Thread | $1,081 |
| Whispering Hills | $1,071 |
| Forestwood on the Creek | $1,066 |
| Braeburn Glen | $1,065 |
| Urban Living Laboratory | $1,064 |
| Cambridge | $1,052 |
| Oak Tree Colony | $1,046 |
| Wisdom Creek | $1,019 |
| Beacon Hill | $962 |
| Lakeview-Lofts | $949 |
Dallas | Rent Comparison by Neighborhood
Rent in Deep Ellum is 3% higher than in Addison Circle
Deep Ellum rent is the same as Dallas average
Addison Circle rent is 2% 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 Deep Ellum 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.