Dallas renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Dallas is about $1,556 per month. This puts it in the 93rd percentile compared to the state average cost of rent, which is $1,369. Households in Dallas have a median income of $6,770 per month so the average renter in Dallas is spending roughly 23% of their earnings on housing.
Nationally, and in Dallas, home values are the data point most closely correlated with the cost of rent. The median price of a home in Dallas is $314,439 right now, which is lower than cities nearby, meaning that rents in Dallas also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Dallas while lower rent rates are often available in southeastern areas.
Nearby Cities
- Highland Park, TX: more expensive rent prices
- Parker, TX: more expensive rent prices
- University Park, TX: more expensive rent prices
- Cockrell Hill, TX: less expensive rent prices
- Farmers Branch, TX: more expensive rent prices
- Mesquite, TX: less expensive rent prices
- Addison, TX: more expensive rent prices
- Garland, TX: less expensive rent prices
- Irving, TX: less expensive rent prices
- Richardson, TX: more expensive rent prices
Cities with Similar Populations
- Raleigh, NC: less expensive rent prices
- Louisville, KY: less expensive rent prices
- Richmond, VA: less expensive rent prices
- Memphis, TN: less expensive rent prices
- San Diego, CA: more expensive rent prices
- New Orleans, LA: less expensive rent prices
- Oklahoma City, OK: less expensive rent prices
- Hartford, CT: less expensive rent prices
- Phoenix, AZ: less expensive rent prices
- Salt Lake City, UT: less expensive rent prices
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