ZIP Code · TX

ZIP 75238

Part of Dallas, TX

Pop. 33,199·Dallas County·620th most expensive ZIP in Texas

Median rent (all units)

$1,196/mo

Year-over-Year

-4.2%

Month-over-Month

-1.2%

vs US Median

-$736

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 75238 · $1,196

More affordable than 91% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$909

1 BR

$949

2 BR

$1,109

3 BR

$1,397

4 BR+

$1,778

Research median

$1,109/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

Compared with the peak

Rent in ZIP 75238 is 10.1% below its high of $1,330 in September 2023, at $1,196 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 75238 changed -4.2% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has fallen 4 months in a row, and rose in 3 of the last 12 months.

What a typical income covers

30% of the median household income ($82,019) is $2,050 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,660); a 3-bedroom is $2,090.

Rank in Dallas

2nd cheapest of 41 ZIP codes in Dallas.

Cheaper nearby

ZIP 75243, 3 miles away, rents for 10% less ($1,076/mo), about $1,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 75238. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,352/yr

At $1,196/mo median

Location

CityDallas

StateTX

CountyDallas County

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 4.2% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (-4.2% YoY, -1.2% MoM), not inventory.

Demographics

Who lives here

ZIP 75238 (Dallas, TX) is roughly split between renters and owners, has a large share of families with children, 54.4% of residents hold a bachelor's degree or higher.

Population

33,199

Median income

$82,019

Median age

35.5

Renters

49.6%

Age distribution

29.4%

19.4%

29.3%

12.8%

Under 1829.4%

18–3419.4%

35–5429.3%

55–649.1%

65+12.8%

Gender

48.6%

51.4%

Male48.6%

Female51.4%

Race & ethnicity

55.9%

16.8%

22.2%

White55.9%

Black16.8%

Hispanic22.2%

Asian3.2%

Other1.9%

Education (25+)

17.4%

19.8%

54.4%

No HS diploma8.5%

HS diploma17.4%

Some college19.8%

Bachelor's+54.4%

Housing tenure

50.4%

49.6%

Owner50.4%

Renter49.6%

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

2023 vs 2026

How ZIP 75238 in Dallas, TX has changed in 5 years

Rent

$1,305 → $1,196

down 8.4%

Income

$68,361 → $82,019

up 20.0%

Population

31,953 → 33,199

up 3.9%

Renter share

49.5% → 49.6%

+0.1 pts

Bachelor's+

49.4% → 54.4%

+5.0 pts

Compared with 2023, rent in ZIP 75238 in Dallas, TX has declined by $109 per month, settling near $1,196 after starting the period at $1,305. Census figures show median household income at $82,019 today, compared with $68,361 five years earlier. Income growth outran rent by about 28.4 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 31,953 to 33,199 between 2021 and 2024, a 3.9% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 49.4% to 54.4%. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

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About renting in ZIP 75238

Last updated: October 17, 2026

ZIP code 75238 covers Dallas, TX. The median rent here is $1,196/mo as of October 2026. A 1-bedroom rents for a median of $949/mo. A 2-bedroom rents for a median of $1,109/mo.

At 17% of local median household income ($82,019/yr), ZIP 75238 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 75238?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (about $23/hour full-time) to afford the median rent of $1,196/mo in ZIP 75238. The local median household income is $82,019/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 75238?

Rent in ZIP 75238 has fallen 4.2% over the past year as of September 2026. It sits 10.1% below its high of $1,330 in September 2023.

How does ZIP 75238 compare to other ZIPs in Texas?

ZIP 75238 is one of the more affordable among Texas ZIP codes for rent, ranking #620 of 693 at $1,196/mo. Over the year to September 2026, rent in ZIP 75238 changed -4.2%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.