Dallas rents and rental comps
The median asking rent across 22 Dallas zip codes is $1,802/month, down 10.4% from a year ago.
Massive metro, massive rent variation. Corporate relocations keep demand strong, but developers saw the same opportunity you did. New supply is real and it's not slowing down. Price on what's leasing, not what's listed.
Median Asking Rent
$1,802
Rent Change (YoY)
-10.4%
Avg Days on Market
29
Active Rental Listings
9,688
Median List Price
$502,000
Median Asking Rent Over Time
Average across 22 zip codes
Median Asking Rent by ZIP Code
Rental Listings by ZIP Code
ZIP | Median Rent |
|---|---|
| 75205 | $3,003/mo |
| 75225 | $2,900/mo |
| 75209 | $2,450/mo |
| 75201 | $2,308/mo |
| 75202 | $2,212/mo |
| 75204 | $2,124/mo |
| 75219 | $2,028/mo |
| 75206 | $1,880/mo |
| 75207 | $1,765/mo |
| 75217 | $1,740/mo |
| 75220 | $1,700/mo |
| 75226 | $1,643/mo |
| 75235 | $1,625/mo |
| 75208 | $1,611/mo |
| 75228 | $1,585/mo |
| 75216 | $1,550/mo |
| 75227 | $1,526/mo |
| 75214 | $1,525/mo |
| 75211 | $1,475/mo |
| 75230 | $1,322/mo |
| 75231 | $1,280/mo |
| 75243 | $1,015/mo |
Comps for any address in Dallas
Type the address, get the comps. No setup.
Median Asking Rent by Bedroom
| Unit Size | Median Rent |
|---|---|
| Studio | $1,217/mo |
| 1 Bedroom | $1,422/mo |
| 2 Bedroom | $1,957/mo |
| 3 Bedroom | $3,047/mo |
| 4 Bedroom | $4,200/mo |
Aggregated median across all Dallas zip codes with available data.
For-Sale Listings by ZIP Code
| ZIP | Median List Price |
|---|---|
| 75205 | $2,199,900 |
| 75225 | $1,395,000 |
| 75220 | $1,300,000 |
| 75201 | $1,290,000 |
| 75230 | $1,075,000 |
| 75209 | $999,000 |
| 75214 | $899,000 |
| 75207 | $624,000 |
| 75206 | $545,000 |
| 75208 | $539,000 |
| 75204 | $529,000 |
| 75219 | $475,000 |
| 75226 | $425,000 |
| 75235 | $410,000 |
| 75228 | $365,000 |
| 75211 | $294,500 |
| 75227 | $270,000 |
| 75202 | $250,000 |
| 75216 | $234,000 |
| 75217 | $229,990 |
| 75243 | $180,000 |
| 75231 | $175,000 |
HUD Fair Market Rents
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $2,380/mo |
| 1 Bedroom | $2,470/mo |
| 2 Bedroom | $2,900/mo |
| 3 Bedroom | $3,650/mo |
| 4 Bedroom | $4,640/mo |
HUD publishes Fair Market Rents once a year for the Dallas metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.
About the Dallas rental market
The median asking rent across Dallas, TX sits at $1,802/month, pulled from active rental listings in 22 zip codes. That's down 10.4% from a year ago.
Rents aren't uniform across the city. ZIP 75205 tops the list at $3,003/month. ZIP 75243 comes in lowest at $1,015/month. That's a 196% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.
A 2-bedroom rents for $1,957/month at the median. 1-bedrooms run about $1,422. 3-bedrooms come in around $3,047.
Average days on market sits at 29 days. Pace is steady.
Rent-to-price math is tight in Dallas. The gross figure sits at about 4.3% ($1,802/month against $502,000 median price). Most investors here are betting on appreciation, not monthly cash flow.
HUD's Fair Market Rent for a 2-bedroom in the Dallas metro is $2,900/month. Asking rents come in about 38% below the federal benchmark, which can make Section 8 properties competitive here.
DFW is one of the largest rental markets in the country by volume. Toyota. Caterpillar. Goldman Sachs. The corporate relocation pipeline has been steady, and no state income tax keeps it flowing. The challenge: DFW is also building a ton of new apartments. Certain submarkets have temporary oversupply while others stay tight. Uptown and Highland Park are premium. Head south or west and it's a different city. Metro averages are useless. The rent spread between Dallas zip codes is one of the widest of any major US metro.
These numbers are city-wide averages. If you're pricing a specific property in Dallas, pull comps from the same zip code. The spread is usually bigger than people expect.
Pull rental comps for an address in Dallas
City-wide medians are the headline. The comps that actually price a property come from the block it's on. Search any Dallas address to see them.
Nearby rental markets
Austin, TX
20 zip codes
Houston, TX
22 zip codes
San Antonio, TX
17 zip codes
Fort Worth, TX
20 zip codes
Oklahoma City, OK
20 zip codes
New Orleans, LA
20 zip codes
Related guides
How to find rental comps
What rental comps actually are, what makes one good or weak, and how to use them to price a rental without guessing.
What is fair market rent?
What HUD's fair market rent actually means, how it ties into Section 8, and when it should change how you price a rental.
How Section 8 payment standards work
The three numbers landlords mix up, the 90 to 110 percent band, and a worked example of what the voucher actually pays.