Farmers Branch, 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 Farmers Branch, Texas rental market.

Farmers Branch, Texas

Average Apartment Rent

$1,748

Y-o-Y Change in Average
Apartment Rent

-1.9%

As of May 2026

Compared to a year ago, Farmers Branch, Texas apartments have recorded a -1.9% rent decrease.

Farmers Branch, 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
Farmers Branch $1,828 $1,807 $1,803 $1,793 $1,799 $1,796 $1,777 $1,751 $1,742
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Farmers Branch
National
Jul 2023
$1,828
$1,741
Nov 2023
$1,807
$1,732
Mar 2024
$1,803
$1,736
Jul 2024
$1,793
$1,756
Nov 2024
$1,799
$1,749
Mar 2025
$1,796
$1,755
Jul 2025
$1,777
$1,767
Nov 2025
$1,751
$1,753
Mar 2026
$1,742
$1,750

Farmers Branch, Texas Average Apartment Rent

Farmers Branch, 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 41.63%, apartments priced $1,500 - $2,000 represent the bulk of Farmers Branch, Texas rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.13%.

Farmers Branch, Texas Housing tenure**

Renter occupied housing units 7,508
Owner occupied housing units 6,955

Renters take up 52% of Farmers Branch, Texas real estate, occupying a total of 7,508 units, while homeowners live in 6,955 properties.

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

3.3

Renter median household income**

$78,494

Average household size of renter-occupied housing units**

2.2

Rental vacancy rate**

14.6%

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

No bedrooms 269
1 bed 3,460
2 beds 2,667
3 beds 768
4 beds 308

There are 3,460 rentals in Farmers Branch, Texas with 1 bed making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (4%), amounting to 269 units. Overall, the median number of rooms in Farmers Branch, Texas homes for rent is 3.3.

Farmers Branch, Texas Renter-occupied units by age of householder**

15 - 24 years 711
25 - 34 years 3,099
35 - 44 years 2,083
45 - 54 years 822
55 - 59 years 278
60 - 64 years 162
65 - 74 years 158
75 - 84 years 155
85 years and over 40

Most condos for rent in Farmers Branch, Texas are occupied by residents in the 25 - 34 years age group (41%), followed by those in the 35 - 44 years age group (28%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Farmers Branch, Texas Renter-occupied housing units by family type**

Family households 3,465
Non-Family Households 4,043

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

With related children of the householder under 18 1,694
No related children of the householder under 18 5,814

A total of 3,465 apartments for rent in Farmers Branch, Texas, or 46% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 1,694 units. All in all, the median size of a renter-occupied household in Farmers Branch, Texas is 2.2.

Farmers Branch, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 694
High school graduate (including equivalency) 1,056
Some college or associate's degree 1,431
Bachelor's degree or higher 4,327

In terms of education, renters holding bachelor degrees or higher make up 58% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Farmers Branch, Texas.

Farmers Branch, Texas Renter-occupied units by year structure built**

Built 2020 or later 304
Built 2010 - 2019 3,014
Built 2000 - 2009 1,401
Built 1990 - 1999 690
Built 1980 - 1989 402
Built 1970 - 1979 444
Built 1960 - 1969 859
Built 1950 - 1959 351

The highest share of Farmers Branch, Texas apartment rentals, namely 40% or 3,014 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (19%, 1,401 units), and the ones Built 1960 - 1969 (11%, 859 units).

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

Moved in 2021 or later 1,076
Moved in 2018 to 2020 3,799
Moved in 2010 to 2017 2,459
Moved in 2000 to 2009 164

Median year renter moved into unit 2019

Most Farmers Branch, Texas renters (51%) moved in 2018 to 2020, while only 2% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Farmers Branch, Texas condos for rent is 2019.

Farmers Branch, Texas Renter-occupied housing units by vehicles available**

No vehicle available 318
1 vehicle available 3,597
2 vehicles available 2,951
3 vehicles available 449
4 or more vehicles available 193

When it comes to transportation options, 48% of Farmers Branch, Texas renters have 1 vehicle available per household, 39% of them have 2 vehicles available, and 6% have 3 vehicles available.

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

Car, truck, or van - drove alone 7,750
Car, truck, or van - carpooled 796
Public transportation (excluding taxicab) 102
Walked 224
Taxicab, motorcycle, bicycle, or other means 329
Worked at home 1,464

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

Same house as 1 year ago 11,883
Moved within same county 2,463
Moved from different county within same state 1,147
Moved from different state 663
Moved from abroad 139

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 Farmers Branch, 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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