Dallas, 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 Dallas, Texas rental market.

Dallas, Texas

Average Apartment Rent

$1,588

Y-o-Y Change in Average
Apartment Rent

-0.3%

As of March 2026

Compared to a year ago, Dallas, Texas apartments have recorded a -0.3% rent decrease.

Dallas, Texas Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Dallas $1,620 $1,603 $1,595 $1,604 $1,590 $1,585 $1,593 $1,579 $1,588
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Dallas
National
Jul 2023
$1,620
$1,735
Nov 2023
$1,603
$1,724
Mar 2024
$1,595
$1,729
Jul 2024
$1,604
$1,750
Nov 2024
$1,590
$1,743
Mar 2025
$1,585
$1,749
Jul 2025
$1,593
$1,763
Nov 2025
$1,579
$1,749
Mar 2026
$1,588
$1,750

Dallas, Texas Average Apartment Rent

Dallas, Texas Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 43.15%, apartments priced $1,000 - $1,500 represent the bulk of Dallas, Texas rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 3.99%.

Dallas, Texas Housing tenure**

Renter occupied housing units 302,572
Owner occupied housing units 218,575

Renters take up 58% of Dallas, Texas real estate, occupying a total of 302,572 units, while homeowners live in 218,575 properties.

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

3.7

Renter median household income**

$51,617

Average household size of renter-occupied housing units**

2.26

Rental vacancy rate**

9.7%

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

No bedrooms 21,603
1 bed 127,378
2 beds 103,767
3 beds 41,292
4 beds 7,287

There are 127,378 rentals in Dallas, Texas with 1 bed making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 7,287 units. Overall, the median number of rooms in Dallas, Texas homes for rent is 3.7.

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

15 - 24 years 30,409
25 - 34 years 105,048
35 - 44 years 61,286
45 - 54 years 43,219
55 - 59 years 17,476
60 - 64 years 15,908
65 - 74 years 18,669
75 - 84 years 6,963
85 years and over 3,594

Most condos for rent in Dallas, Texas are occupied by residents in the 25 - 34 years age group (35%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 134,918
Non-Family Households 167,654

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

With related children of the householder under 18 81,038
No related children of the householder under 18 221,534

A total of 134,918 apartments for rent in Dallas, Texas, or 45% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 81,038 units. All in all, the median size of a renter-occupied household in Dallas, Texas is 2.26.

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

Less than high school graduate 47,325
High school graduate (including equivalency) 68,477
Some college or associate's degree 78,782
Bachelor's degree or higher 107,988

In terms of education, renters holding bachelor degrees or higher make up 36% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in Dallas, Texas.

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

Built 2010 - 2019 45,016
Built 2000 - 2009 33,357
Built 1990 - 1999 40,784
Built 1980 - 1989 56,598
Built 1970 - 1979 53,990
Built 1960 - 1969 29,202
Built 1950 - 1959 21,319
Built 1940 - 1949 9,639
Built 1939 or earlier 11,403

The highest share of Dallas, Texas apartment rentals, namely 19% or 56,598 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (18%, 53,990 units), and the ones Built 2010 - 2019 (15%, 45,016 units).

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

Moved in 2021 or later 31,034
Moved in 2018 to 2020 121,965
Moved in 2010 to 2017 122,954
Moved in 2000 to 2009 20,043
Moved in 1990 to 1999 4,375
Moved in 1989 or earlier 2,201

Median year renter moved into unit 2018

Most Dallas, Texas renters (41%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Dallas, Texas condos for rent is 2018.

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

No vehicle available 39,218
1 vehicle available 161,716
2 vehicles available 81,383
3 vehicles available 14,900
4 or more vehicles available 5,355

When it comes to transportation options, 53% of Dallas, Texas renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 13% have No vehicle available.

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

Car, truck, or van - drove alone 249,766
Car, truck, or van - carpooled 43,977
Public transportation (excluding taxicab) 12,492
Walked 11,049
Taxicab, motorcycle, bicycle, or other means 6,701
Worked at home 36,758

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

Same house as 1 year ago 518,290
Moved within same county 90,439
Moved from different county within same state 29,613
Moved from different state 21,427
Moved from abroad 12,119

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 Dallas, 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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