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City Report · TX

Dallas

Pop. 1,307,930·139th most expensive in Texas·Rental market data updated monthly for Dallas, TX
Median rent (all units)
$1,648/mo
Year-over-Year
+3.3%
Month-over-Month
+1.0%
vs US Median
-$303
Rising (Monthly)
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Most AffordableMost Expensive
Dallas · $1,648
More affordable than 66% of US cities · National median $1,951/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Dallas's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,648/mo
Expected by trend
$1,813/mo
The Rent Reality Score compares today's median rent to where Dallas's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,529
1 BR
$1,603
2 BR
$1,882
3 BR
$2,359
4 BR+
$3,029
Research median
$1,882/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: June 22, 2026

Annual cost
$19,776/yr
At $1,648/mo median
Market timing
Rents rising
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Demographics

Who lives here

Dallas, TX is majority renter-occupied, 38.2% of residents hold a bachelor's degree or higher.

Population
1,307,930
Median income
$70,518
Median age
33.4
Renters
57.6%
Age distribution
23.9%
28.5%
25.2%
Under 1823.9%
18–3428.5%
35–5425.2%
55–6410.5%
65+11.8%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
35%
23.2%
42.6%
White35%
Black23.2%
Hispanic42.6%
Asian3.9%
Education (25+)
18.9%
21.2%
21.6%
38.2%
No HS diploma18.9%
HS diploma21.2%
Some college21.6%
Bachelor's+38.2%
Housing tenure
42.4%
57.6%
Owner42.4%
Renter57.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Dallas, TX has changed in 5 years

Rent
$1,351 → $1,648
up 22.0%
Income
$58,231 → $70,518
up 21.1%
Population
1,300,239 → 1,307,930
up 0.6%
Renter share
58.6% → 57.6%
-1.0 pts
Bachelor's+
35.6% → 38.2%
+2.6 pts

Across the past five years, the going rent in Dallas, TX has shifted from $1,351 to $1,648, up 22.0% since 2021. Median household income climbed from $58,231 to $70,518 between 2021 and 2024, a 21.1% shift. Bachelor's-degree-or-higher attainment moved from 35.6% to 38.2% across the same window. Taken together, the five-year picture in Dallas, TX reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Dallas

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View Dallas rent history (2015–2026) →
Salary vs rent

Can you afford rent in Dallas on your salary?

At $1,648/mo, how Dallas rent compares to typical pay (30% rule).

By apartment size

Dallas rent by bedroom count

Median rent for each apartment size in Dallas. Click any size for full breakdown.

Local insights

Tips for renters in Dallas

About renting in Dallas, TX

Last updated: June 22, 2026

The median rent in Dallas is $1,648/mo as of June 2026. A studio apartment averages $1,529/mo while a 2-bedroom runs $1,882/mo. One-bedroom apartments average $1,603/mo and 3-bedroom units go for $2,359/mo.

At 28% of local median household income ($70,518/yr), Dallas ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

Is Dallas an affordable city for renters?

Dallas is considered affordable for renters. At $1,648/mo, rent takes approximately 28% of the local median household income ($70,518/yr). The standard benchmark is 30%. Dallas falls comfortably within that range.

How much income do you need to rent in Dallas?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,648/mo in Dallas. The local median household income is $70,518/yr, meaning the typical Dallas household meets that threshold.

Is rent going up or down in Dallas?

Rent in Dallas has increased 3.3% over the past year as of June 2026, putting upward pressure on renter budgets.

Which Dallas neighborhoods have the lowest rent?

The most affordable ZIP codes in Dallas are 75243 ($1,072/mo), 75237 ($1,251/mo), and 75287 ($1,306/mo). Citywide, the median rent in Dallas is $1,648/mo.

How does Dallas rent compare to other cities in Texas?

Dallas is middle-of-the-pack for Texas for rent, ranking #139 out of 263 tracked cities at $1,648/mo.

Which nearby cities are cheaper to rent in than Dallas?

Addison is nearby and more affordable at $1,615/mo, which is $33 less than Dallas.

What percentage of Dallas residents rent vs. own?

According to Census data, approximately 57.6% of Dallas households are renters, while 42.4% are owner-occupied. With a majority renter population, Dallas has a strong rental market.

How does Dallas rent compare to the national average?

Dallas's median rent of $1,648/mo is $303 (16%) below the US national median of $1,951/mo. Within Texas, it ranks #139 out of 263 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,648/mo, rent takes ~28% of Dallas's median household income ($70,518/yr). The standard benchmark is 30%.

Dallas 28%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Dallas, TX

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