ZIP Code · TX

ZIP 75240

Part of Dallas, TX

Pop. 25,290·Dallas County·332nd most expensive ZIP in Texas

Median rent (all units)

$1,594/mo

Year-over-Year

+1.0%

Month-over-Month

+0.4%

vs US Median

-$338

Reported rents

Stable (Monthly)

Be the first to discuss 75240 rents ↓

Most AffordableMost Expensive

ZIP 75240 · $1,594

More affordable than 66% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,470

1 BR

$1,530

2 BR

$1,790

3 BR

$2,250

4 BR+

$2,870

Research median

$1,790/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

June. Asking rents in ZIP 75240 usually run 0.5% below trend in June and 0.7% above it in September, about $19 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 75240 is 0.6% below its high of $1,603 in March 2026, at $1,594 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 75240 changed +1.0% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Since before the pandemic

Rent in ZIP 75240 is 22.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($58,320) is $1,458 a month. That is less than HUD's Fair Market Rent for a studio ($1,470).

Rank in Dallas

22nd cheapest of 41 ZIP codes in Dallas.

Cheaper nearby

ZIP 75254, 1 mile away, rents for 17% less ($1,320/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 75240. 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

$19,128/yr

At $1,594/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 (+1.0% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 75240 (Dallas, TX) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 39.6% of residents hold a bachelor's degree or higher.

Population

25,290

Median income

$58,320

Median age

31.2

Renters

78.9%

Age distribution

22.8%

34.2%

23.1%

Under 1822.8%

18–3434.2%

35–5423.1%

55–6410.6%

65+9.3%

Gender

54.5%

45.5%

Male54.5%

Female45.5%

Race & ethnicity

30%

21.5%

47.7%

White30%

Black21.5%

Hispanic47.7%

Asian4.1%

Education (25+)

23%

17.8%

19.6%

39.6%

No HS diploma23%

HS diploma17.8%

Some college19.6%

Bachelor's+39.6%

Housing tenure

21.1%

78.9%

Owner21.1%

Renter78.9%

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

2021 vs 2026

How ZIP 75240 in Dallas, TX has changed in 5 years

Rent

$1,339 → $1,594

up 19.0%

Income

$49,460 → $58,320

up 17.9%

Population

26,442 → 25,290

down 4.4%

Renter share

75.2% → 78.9%

+3.7 pts

Bachelor's+

32.2% → 39.6%

+7.4 pts

Median age

30.4 → 31.2

+0.8 yrs

The median rent in ZIP 75240 in Dallas, TX stood at $1,339 in 2021 and currently runs about $1,594, reflecting a 19.0% increase over the period. Household income in the area moved from $49,460 to $58,320 across the same window, up 17.9% versus 2021. The population has contracted by 4.4% since 2021, moving from about 26,442 residents to roughly 25,290. Renters now make up 78.9% of households, compared with 75.2% five years ago. College-educated residents now make up 39.6% of adults here, versus 32.2% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 75240 in Dallas, TX look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 75240

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 75240

About renting in ZIP 75240

Last updated: October 17, 2026

ZIP code 75240 covers Dallas, TX. The median rent here is $1,594/mo as of October 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,790/mo.

At 33% of local median household income ($58,320/yr), ZIP 75240 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 75240?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (about $31/hour full-time) to afford the median rent of $1,594/mo in ZIP 75240. The local median household income is $58,320/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 75240?

Rent in ZIP 75240 has risen 1.0% over the past year as of September 2026. It sits 0.6% below its high of $1,603 in March 2026.

When is the cheapest time to rent in ZIP 75240?

Asking rents in ZIP 75240 are usually lowest in June, about 0.5% below their yearly trend, and highest in September, about 0.7% above it. At today's median that is a gap of roughly $19 a month. This pattern comes from 7 years of Zillow rent data.

How does ZIP 75240 compare to other ZIPs in Texas?

ZIP 75240 is in the middle among Texas ZIP codes for rent, ranking #332 of 693 at $1,594/mo. Over the year to September 2026, rent in ZIP 75240 changed +1.0%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.