Arlington, Texas Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Arlington, Texas rental market.

Highlights

An apartment for rent in Arlington, Texas typically goes for $1,377 per month, while a single-family home for rent in Arlington, Texas has a monthly cost of around $2,221. Renter-occupied units make up 45% of the local housing market, while the rental vacancy rate in Arlington, Texas is at 8.2.

Arlington, Texas

Average Apartment Rent

$1,377

Y-o-Y Change in Average
Apartment Rent

-0.9%

Average Single-Family Rent

$2,221

As of November 2024

Compared to a year ago, Arlington, Texas apartments have recorded a -0.9% rent decrease.

Arlington, Texas Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Arlington $1,200 $1,250 $1,308 $1,334 $1,346 $1,360 $1,365 $1,371 $1,357 $1,377
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Arlington
National
Nov 2021
$1,200
$1,596
Mar 2022
$1,250
$1,635
Jul 2022
$1,308
$1,708
Nov 2022
$1,334
$1,726
Mar 2023
$1,346
$1,714
Jul 2023
$1,360
$1,739
Nov 2023
$1,365
$1,733
Mar 2024
$1,371
$1,727
Jul 2024
$1,357
$1,752
Nov 2024
$1,377
$1,748

Arlington, Texas Average Apartment Rent

Arlington, Texas Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 62.08%, apartments priced $1,000 - $1,500 represent the bulk of Arlington, Texas rentals, while condos priced $500 - $700 hold the lowest share of the market – 0.21%.

Arlington, Texas Housing tenure**

Renter occupied housing units 62,035
Owner occupied housing units 75,484

Renters take up 45% of Arlington, Texas real estate, occupying a total of 62,035 units, while homeowners live in 75,484 properties.

Median number of rooms of renter-occupied housing units**

4.1

Renter median household income**

$47,827

Average household size of renter-occupied housing units**

2.61

Rental vacancy rate**

8.2%

Arlington, Texas Renter-occupied housing units by no. of bedrooms**

No bedrooms 2,415
1 bed 19,688
2 beds 21,306
3 beds 15,202
4 beds 2,924
5 or more beds 500

There are 21,306 rentals in Arlington, Texas with 2 beds making up the highest share of the market, at 34%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 500 units. Overall, the median number of rooms in Arlington, Texas homes for rent is 4.1.

Arlington, Texas Renter-occupied units by age of householder**

15 - 24 years 6,636
25 - 34 years 18,443
35 - 44 years 14,328
45 - 54 years 10,297
55 - 59 years 3,521
60 - 64 years 3,092
65 - 74 years 3,357
75 - 84 years 1,536
85 years and over 825

Most condos for rent in Arlington, Texas are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Arlington, Texas Renter-occupied housing units by family type**

Family households 33,915
Non-Family Households 28,120

Arlington, Texas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 22,478
No related children of the householder under 18 39,557

A total of 33,915 apartments for rent in Arlington, Texas, or 55% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 22,478 units. All in all, the median size of a renter-occupied household in Arlington, Texas is 2.61.

Arlington, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 9,594
High school graduate (including equivalency) 15,150
Some college or associate's degree 22,091
Bachelor's degree or higher 15,200

In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Arlington, Texas.

Arlington, Texas Renter-occupied units by year structure built**

Built 2010 - 2019 2,605
Built 2000 - 2009 6,830
Built 1990 - 1999 10,150
Built 1980 - 1989 18,945
Built 1970 - 1979 12,853
Built 1960 - 1969 5,703
Built 1950 - 1959 3,739
Built 1940 - 1949 600
Built 1939 or earlier 464

The highest share of Arlington, Texas apartment rentals, namely 31% or 18,945 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (21%, 12,853 units), and the ones Built 1990 - 1999 (16%, 10,150 units).

Arlington, Texas Renter-occupied units by year householder moved in**

Moved in 2021 or later 5,909
Moved in 2018 to 2020 26,887
Moved in 2010 to 2017 25,132
Moved in 2000 to 2009 3,231
Moved in 1990 to 1999 627

Median year renter moved into unit 2018

Most Arlington, Texas renters (43%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Arlington, Texas condos for rent is 2018.

Arlington, Texas Renter-occupied housing units by vehicles available**

No vehicle available 4,774
1 vehicle available 29,506
2 vehicles available 20,868
3 vehicles available 4,856
4 vehicles available 1,697
5 or more vehicles available 334

When it comes to transportation options, 48% of Arlington, Texas renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 8% have 3 vehicles available.

Arlington, Texas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 63,422
Car, truck, or van - carpooled 8,840
Walked 1,298
Taxicab, motorcycle, bicycle, or other means 2,060
Worked at home 6,424

Arlington, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 122,928
Moved within same county 22,073
Moved from different county within same state 7,980
Moved from different state 3,809
Moved from abroad 1,946

Arlington, Texas Average apartment rent by zip codes


The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Arlington, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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