Arlington, Texas Rental Market Trends
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 $1,357 per month, while a single-family home for rent in Arlington, Texas has a monthly cost of around $2,391. 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
$1,357
Y-o-Y Change in Average
Apartment Rent
-1%
Average Single-Family Rent
$2,391
As of July 2024
Compared to a year ago, Arlington, Texas apartments have recorded a -1% rent decrease.
Arlington, Texas |Average apartment rent trend
Arlington, Texas| Average apartment rent
Arlington, Texas | Apartment rent ranges
At 61.97%, 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 – 0.1%.
Arlington, Texas | Housing tenure**
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**
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**
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**
Arlington, Texas | Renter-occupied housing units by the presence of own children**
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**
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**
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**
Median year renter moved into unit2018
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**
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**
Arlington, Texas |Geographical mobility in the past year for householders living in renter-occupied housing units**
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
