Grand Prairie, TX Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Grand Prairie is $1,520, a 0.56% increase compared to the previous year, when the average rent was $1,512.
Studio Apartments at $1,162 offer the most budget-friendly option with 527 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 711 square feet for $1,325, balancing privacy and affordability.
Two-beedroom units at $1,671 offer 1,028 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,292 sq ft) for $2,148, suitable for larger households.
Average rent in Grand Prairie, TX
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,520 | 878 sq. ft. |
| Studio | $1,162 | 527 sq. ft. |
| 1 Bed | $1,325 | 711 sq. ft. |
| 2 Beds | $1,671 | 1,028 sq. ft. |
| 3 Beds | $2,148 | 1,292 sq. ft. |
Grand Prairie, TX rent trends
Rental prices in Grand Prairie, TX have increased by 0.56% over the past year. The average rent moved from $1,512 to $1,520.
What's the typical rent budget in Grand Prairie, TX?
The largest share of rentals in Grand Prairie, TX (48%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Grand Prairie, TX?
28,179 or 42% of the households in Grand Prairie, TX are renter-occupied while 38,764 or 58% are owner-occupied.
Most affordable neighborhoods in Grand Prairie?
Wymberly $1,368/month
Indian Hills $1,541/month
Villas Central Park $1,628/month
All of these neighborhoods fall below the city wide average of $1,520/month.Most expensive neighborhoods in Grand Prairie?
Lynn Creek Hills $1,731/month
Cimarron Estates $1,827/month
Sheffield Village $2,649/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Grand Prairie, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sheffield Village | $2,649 |
| Cimarron Estates | $1,827 |
| Lynn Creek Hills | $1,731 |
| Town of Riverside | $1,718 |
| Westchester | $1,707 |
| Forum Village | $1,664 |
| The Forum Place | $1,644 |
| Villas Central Park | $1,628 |
| Indian Hills | $1,541 |
| Wymberly | $1,368 |
Grand Prairie | Rent Comparison by Neighborhood
Rent in Cimarron Estates is 10% higher than in Forum Village
Cimarron Estates rent is 20% higher than Grand Prairie average
Forum Village rent is 9% higher than Grand Prairie average
How Grand Prairie Compares to Other Cities
| City | Average Rent |
|---|---|
| Grand Prairie | $1,520 |
| Houston | $1,349 |
| Dallas | $1,588 |
| San Antonio | $1,266 |
| Austin | $1,638 |
| Fort Worth | $1,438 |
| Irving | $1,487 |
| El Paso | $1,106 |
| Killeen | $1,088 |
| Plano | $1,690 |
| Spring | $1,470 |
| Arlington | $1,353 |
| Lewisville | $1,462 |
| Richardson, TX | $1,664 |
| Carrollton, TX | $1,558 |
| Mesquite, TX | $1,246 |
| North Richland Hills, TX | $1,469 |
| Euless, TX | $1,477 |
| Mansfield, TX | $1,666 |
| The Colony, TX | $1,717 |
| Grapevine, TX | $1,854 |
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 Grand Prairie 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.