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ZIP Code · TX

ZIP 75240

Part of Dallas, TX
Pop. 25,290·Dallas County·401st most expensive ZIP in Texas
Median rent (all units)
$1,524/mo
Year-over-Year
-2.0%
Month-over-Month
-0.3%
vs US Median
-$441
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 75240 · $1,524
More affordable than 72% of US ZIP codes · National median $1,965/mo
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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

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Last updated: July 20, 2026

Annual cost
$18,288/yr
At $1,524/mo median
Location
CityDallas
StateTX
CountyDallas County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.0% YoY, -0.3% 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
$1,325 → $1,524
up 15.0%
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 $1,325 in 2021 and currently runs about $1,524, reflecting a 15.0% 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

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Local insights

Tips for renters in ZIP 75240

About renting in ZIP 75240

Last updated: July 20, 2026

ZIP code 75240 covers Dallas, TX. The median rent here is $1,524/mo as of July 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,790/mo.

At 31% of local median household income ($58,320/yr), ZIP 75240 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 75240?

As of July 20, 2026, the median monthly rent in ZIP 75240 (Dallas, TX) is $1,524. This is based on aggregated data from public sources and community submissions.

How does ZIP 75240 rent compare to the US average?

ZIP 75240's median rent of $1,524/mo is $441 (22%) below the US national median of $1,965/mo.

How does ZIP 75240 compare to other ZIPs in Texas?

ZIP 75240 falls in the middle range for Texas, ranking #401 out of 689 ZIPs at $1,524/mo.

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 $61,000/year (~$29/hour full-time) to afford the median rent of $1,524/mo in ZIP 75240. The local median household income is $58,320/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 75240?

Rent in ZIP 75240 has decreased 2.0% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 75240 an affordable place to rent?

ZIP 75240 is considered moderate for renters. At $1,524/mo, rent takes approximately 31% of the local median household income ($58,320/yr). The standard benchmark is 30%. ZIP 75240 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 75240 residents rent vs. own?

According to Census data, approximately 78.9% of ZIP 75240 households are renters, while 21.1% are owner-occupied. With a majority renter population, ZIP 75240 has a strong rental market.

How does ZIP 75240 compare to the rest of Dallas?

ZIP 75240 is more affordable than Dallas overall. At $1,524/mo, it's $94 below the Dallas citywide median of $1,618/mo.

When was rent data for ZIP 75240 last updated?

Rent data for ZIP 75240 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,524/mo, rent takes ~31% of ZIP 75240's median household income ($58,320/yr). The standard benchmark is 30%.

ZIP 75240 31%Benchmark 30%
State income taxNone
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Schools nearby

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