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ZIP Code · TX

ZIP 75231

Part of Dallas, TX
Pop. 38,370·Dallas County·520th most expensive ZIP in Texas
Median rent (all units)
$1,370/mo
Year-over-Year
+4.3%
Month-over-Month
-1.2%
vs US Median
-$595
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 75231 · $1,370
More affordable than 82% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,045
1 BR
$1,082
2 BR
$1,272
3 BR
$1,601
4 BR+
$2,039
Research median
$1,272/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: July 20, 2026

Annual cost
$16,440/yr
At $1,370/mo median
Location
CityDallas
StateTX
CountyDallas County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.3% YoY, -1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 75231 (Dallas, TX) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 39.7% of residents hold a bachelor's degree or higher.

Population
38,370
Median income
$58,540
Median age
32.2
Renters
81.7%
Age distribution
24.5%
31.3%
24.8%
Under 1824.5%
18–3431.3%
35–5424.8%
55–648.8%
65+10.5%
Gender
55.5%
44.5%
Male55.5%
Female44.5%
Race & ethnicity
32.4%
25.8%
34.3%
White32.4%
Black25.8%
Hispanic34.3%
Asian7.6%
Education (25+)
16.8%
19.7%
23.8%
39.7%
No HS diploma16.8%
HS diploma19.7%
Some college23.8%
Bachelor's+39.7%
Housing tenure
18.3%
81.7%
Owner18.3%
Renter81.7%

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

2021 vs 2026

How ZIP 75231 in Dallas, TX has changed in 5 years

Rent
$1,101 → $1,370
up 24.4%
Income
$45,052 → $58,540
up 29.9%
Population
38,823 → 38,370
down 1.2%
Renter share
82.9% → 81.7%
-1.2 pts
Bachelor's+
34.7% → 39.7%
+5.0 pts
Median age
31.1 → 32.2
+1.1 yrs

Across the past five years, the going rent in ZIP 75231 in Dallas, TX has shifted from $1,101 to $1,370, up 24.4% since 2021. Median household income climbed from $45,052 to $58,540 between 2021 and 2024, a 29.9% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 75231 in Dallas, TX losing about 453 residents over the five-year window, down 1.2% on net. Bachelor's-degree-or-higher attainment moved from 34.7% to 39.7% across the same window. Taken together, the five-year picture in ZIP 75231 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.

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Local insights

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About renting in ZIP 75231

Last updated: July 20, 2026

ZIP code 75231 covers Dallas, TX. The median rent here is $1,370/mo as of July 2026. A 1-bedroom rents for a median of $1,082/mo. A 2-bedroom rents for a median of $1,272/mo.

At 28% of local median household income ($58,540/yr), ZIP 75231 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 75231?

As of July 20, 2026, the median monthly rent in ZIP 75231 (Dallas, TX) is $1,370. This is based on aggregated data from public sources and community submissions.

How does ZIP 75231 rent compare to the US average?

ZIP 75231's median rent of $1,370/mo is $595 (30%) below the US national median of $1,965/mo.

How does ZIP 75231 compare to other ZIPs in Texas?

ZIP 75231 is among the more affordable ZIP codes in Texas, ranking #520 out of 689 ZIPs at $1,370/mo.

How much income do you need to rent in ZIP 75231?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,370/mo in ZIP 75231. The local median household income is $58,540/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 75231?

Rent in ZIP 75231 has increased 4.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 75231 an affordable place to rent?

ZIP 75231 is considered affordable for renters. At $1,370/mo, rent takes approximately 28% of the local median household income ($58,540/yr). The standard benchmark is 30%. ZIP 75231 falls comfortably within that range.

What percentage of ZIP 75231 residents rent vs. own?

According to Census data, approximately 81.7% of ZIP 75231 households are renters, while 18.3% are owner-occupied. With a majority renter population, ZIP 75231 has a strong rental market.

How does ZIP 75231 compare to the rest of Dallas?

ZIP 75231 is more affordable than Dallas overall. At $1,370/mo, it's $248 below the Dallas citywide median of $1,618/mo.

When was rent data for ZIP 75231 last updated?

Rent data for ZIP 75231 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $1,370/mo, rent takes ~28% of ZIP 75231's median household income ($58,540/yr). The standard benchmark is 30%.

ZIP 75231 28%Benchmark 30%
State income taxNone
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Public schools near ZIP 75231 (Dallas, TX)

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