Studio Living in Dallas: Rental Options for Every Price Point

It seems like everybody’s moving to Dallas these days! The third fastest growing city in the U.S. – in terms of population and economy – appeals to cohorts of millennials and professionals. What makes Big D such a hot spot? Could it be the great year-round weather? Or the exciting sports events (Go Cowboys!)? The answers are yes and yes, but there’s so much more to it. The thriving business environment, consistent job growth, and emerging tech industry are among the main reasons to settle in this Texan city.

Due to the new wave of residents, Dallas is experiencing a higher demand in housing, which is keeping the construction sector busy. There are plenty of apartments available for rent and more are on their way. As for the prices, the average asking rent is around $1,074 a month as of September, according to Yardi Matrix, which is still below the national average.

For even lower rents, how about renting a studio? This is an appealing option for many students and young professionals living in or relocating to the city. With an average price of around $750 a month and an average size of 500 sq. ft., the affordable Dallas studios enable renters to enjoy an urban lifestyle for less money.

While posh units close to the city’s core have a higher monthly rent, those located further out in the ‘burbs can be a more pocket-friendly solution. Check out the rental prices for 5 great studios around Dallas and pick the one that best caters to your taste and budget:

The ICON at Ross, Dallas Arts District: $1,110 a month for a 567 sq. ft. studio

If “location, location, location” is on top of your wish list, than look no further than the studios at The ICON at Ross. The architecturally unique complex is located just steps from upscale shopping venues, dining options, Central Business District, and more. These pet-friendly studios offer fantastic Downtown, pool, or courtyard views. They are modernly appointed with efficient appliances, high ceilings, hardwood floors, and spacious closets. Residents get to enjoy a state-of-the-art fitness center with free weights, a sparkling pool with sundeck, and a clubhouse. Should we highlight you’ll be living in Dallas’ Arts District?

Studios for rent at The ICON at Ross, Dallas Arts District. Image via RentCafe.

Post Addison Circle, North Dallas – Addison: $840 a month for a 492 sq. ft. studio

Entitled “Favorite Apartment Community” in Addison Magazine’s Reader’s Choice Awards for the fifth year in a row, Post Addison Circle impresses with over 400 unique floor plans residents can choose from. Here’s what these rental studios are packing: granite countertops, upgraded cabinets, vaulted ceiling, exposed duct work, and so much more. For a feast of the eyes, the palladium windows and balconies provide incredible views. When tenants aren’t relaxing by one of the four landscaped pools, exercising, or socializing at the cyber café, they’re probably attending a resident event hosted by the community staff.

Studios for rent at Post Addison Circle, North Dallas-Addison. Image via RentCafe.

Adam Hats Lofts, Deep Ellum: $2,143 a month for a 1,662 sq. ft. loft-studio

Known as one of the most eclectic areas in Dallas, Deep Ellum has an appealing hipster vibe. Boasting old warehouse charm, the Adam Hats Lofts community on 3401 Commerce St. Suite 100 fits perfectly in these surroundings. Chic art galleries, Indie music events, and breweries are all within walking distance. Spacious loft studios are available for renters who can afford to pay higher rents for a one-of-a-kind property. Expansive windows with breathtaking views of Downtown, vaulted ceilings, polished concrete floors, and modern appliances are some of the perks of these rentals. On top of it all, residents have free access to a resort-style swimming pool, a fitness center, and a rooftop patio.

Spacious lofts for rent at Adam Hats Lofts, Deep Ellum. Image via RentCafe.

Pinnacle Ridge Apartments, West Dallas – North Oak Cliff: $785 a month for a 542 sq. ft. studio

At Pinnacle Ridge Apartments in North Oak Cliff, just west of Downtown Dallas, renters can opt for 542 sq. ft. studios, asking $785 a month. This gated complex is a renter’s dream come true. The interiors are renovated or brand new, equipped with 4-cycle dishwashers, Whirlpool black appliances, and side-by-side refrigerators with ice cream makers. Residents are also spoilt for choice when it comes to awesome outdoor facilities, such as a resort-style swimming pool with tanning ledge, an internet café, a movie lending library, and last but not least a business center.

Studios for rent at Pinnacle Ridge Apartments, West Dallas-North Oak Cliff. Image via RentCafe.

Villas at Katy Trail Apartments, Uptown Dallas: $980 a month for a 481 sq. ft. studio

Residents looking for an innovative approach to apartment living will be delighted to rent a studio within the Villas at Katy Trail. The complex offers spacious floor plans, friendly service, and quality amenities. Island kitchens, built-in bookshelves, and garden tubs (in selected units) compliment these modern units, while the pool, racquetball court, and fitness center invite residents to relax. They also get to enjoy a top location, just minutes from the Ice House, and within walking distance to the best shopping and nightlife that Uptown has to offer.

Studios for rent at Villas at Katy Trail, Uptown Dallas. Image via RentCafe.

Did you find something that piqued your interest? Are you willing to pay a little extra each month for a prime location? Or are you happy with renting a more affordable studio that’s situated a bit further from the hustle and bustle of downtown? We’d love to hear your thoughts on this.

Make sure to check out more amazing Dallas studios for rent or even larger apartments on RentCafe.