ZIP Code · TX

ZIP 75203

Part of Dallas, TX
Pop. 15,775·Dallas County·384th most expensive ZIP in Texas
Median rent (all units)
$1,541/mo
Year-over-Year
-2.2%
Month-over-Month
+0.7%
vs US Median
-$391
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 75203 · $1,541
More affordable than 70% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,250
2 BR
$1,460
3 BR
$1,840
4 BR+
$2,340
Research median
$1,460/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 75203 usually run 1.9% below trend in December and 1.1% above it in April, about $46 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 75203 is 6.4% below its high of $1,647 in March 2023, at $1,541 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 75203 changed -2.2% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($46,989) is $1,175 a month. That is less than HUD's Fair Market Rent for a studio ($1,200).

Rank in Dallas

18th cheapest of 41 ZIP codes in Dallas.

Cheaper nearby

ZIP 75210, 4 miles away, rents for 14% less ($1,324/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 75203. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,492/yr
At $1,541/mo median
Location
CityDallas
StateTX
CountyDallas County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-2.2% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 75203 (Dallas, TX) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 20.2% of residents hold a bachelor's degree or higher.

Population
15,775
Median income
$46,989
Median age
33.7
Renters
62.1%
Age distribution
26.5%
24.8%
26.5%
Under 1826.5%
18–3424.8%
35–5426.5%
55–6411.1%
65+11.1%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
24.9%
23.9%
65.8%
White24.9%
Black23.9%
Hispanic65.8%
Asian1.1%
Education (25+)
36.5%
22.1%
21.2%
20.2%
No HS diploma36.5%
HS diploma22.1%
Some college21.2%
Bachelor's+20.2%
Housing tenure
37.9%
62.1%
Owner37.9%
Renter62.1%

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

2022 vs 2026

How ZIP 75203 in Dallas, TX has changed in 5 years

Rent
$1,541 → $1,541
up 0.0%
Income
$40,079 → $46,989
up 17.2%
Population
16,455 → 15,775
down 4.1%
Renter share
64.2% → 62.1%
-2.1 pts
Bachelor's+
17.9% → 20.2%
+2.3 pts
Median age
32.7 → 33.7
+1.0 yrs

Compared with 2022, rent in ZIP 75203 in Dallas, TX has climbed by $0 per month, settling near $1,541 after starting the period at $1,541. Local incomes tracked alongside that move, going from a median of $40,079 in 2021 to $46,989 more recently. Income growth outran rent by about 17.2 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 16,455 to 15,775 between 2021 and 2024, a 4.1% change. About 62.1% of households rent today, against 64.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 17.9% to 20.2%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 75203 in Dallas, TX market of 2022.

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About renting in ZIP 75203

Last updated: October 17, 2026

ZIP code 75203 covers Dallas, TX. The median rent here is $1,541/mo as of October 2026. A 1-bedroom rents for a median of $1,250/mo. A 2-bedroom rents for a median of $1,460/mo.

At 39% of local median household income ($46,989/yr), ZIP 75203 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 75203?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,541/mo in ZIP 75203. The local median household income is $46,989/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 75203?

Rent in ZIP 75203 has fallen 2.2% over the past year as of September 2026. It sits 6.4% below its high of $1,647 in March 2023.

When is the cheapest time to rent in ZIP 75203?

Asking rents in ZIP 75203 are usually lowest in December, about 1.9% below their yearly trend, and highest in April, about 1.1% above it. At today's median that is a gap of roughly $46 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 75203 compare to other ZIPs in Texas?

ZIP 75203 is in the middle among Texas ZIP codes for rent, ranking #384 of 693 at $1,541/mo. Over the year to September 2026, rent in ZIP 75203 changed -2.2%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.

How does ZIP 75203 compare to the rest of Dallas?

At $1,541/mo, ZIP 75203 is $63 below the Dallas citywide median of $1,604/mo. It is the 18th cheapest of 41 ZIP codes in Dallas.
Income Affordability
39%
MODERATE

At $1,541/mo, rent takes ~39% of ZIP 75203's median household income ($46,989/yr). The standard benchmark is 30%.

ZIP 75203 39%Benchmark 30%
State income taxNone
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