Apartments for Rent in Dallas, TX
4650 Landmark Blvd, Dallas, TX 75254 Beds: 1-2 Baths: 1-2 Living in modern rental homes has never been better. Jefferson Landmark rentals…
2787 N Houston St, Dallas, TX 75219 Beds: 1-2 Baths: 1-2 What’s not to love about Camden Victory Park? If you are…
|Dallas Market Report||Data Accurate April 2020|
|Average Rental Price||$1,168 a month|
|Average Unit Size||876 square feet|
|Average Occupancy Rate||91.2%|
|Operating Supply||3,164 communities|
|Under Construction||101 communities |
|Hottest Markets||Trinity Groves|
Dallas TX City Guide
Apartments in Dallas TX continues to experience rental growth market over 4%. The average occupancy for communities comes just under 92%. Average rents average out to be $1160 per month. ApartmentData is reporting that the area has experience 7th majority of growth in 3 key cities. These submarkets include Frisco, Lewisville, and Plano.
According to the Dallas Fed, Texas will grow about 2.1% in 2020. The state will add over 250,0oo jobs. Many will be located right here in the DFW Metroplex. What this means is that the area needs developers to continue to add units to the rental supply in order to keep up with demand. The Metroplex doesn’t have the exposure to oil and gas that Houston does.
If you are going to move to DFW, then congratulations are in order. Where should you start? You should know that the DFW Metroplex covers hundreds of miles. You will find myriad malls, professional sports teams, employment centers, and tall skyscrapers. And hidden among all this real estate, are plenty of neighborhoods and apartments with their own personality and charisma. You can discover all properties that range from luxurious or furnished listings to cheap options.
Living here provides residents with a plethora of activities, destinations, and fun for the entire family. Also if you choose the right suburb, you might have access to public transportation. The Dart is a system of buses and rail cars that have a specific pickup and drop off points. And anytime you can avoid heavy traffic, this can be an extremely convenient form of transportation. There are many Dallas accommodations that are adjacent to Dart rail cars.
It is also nice to know that Big D is home to two airports. DFW is located northwest of the city, while Dallas Love Field is a bit closer to the city center.
Why Dallas is Growing
So why are so many residents moving here? For one, the business climate is nothing but excellent. And people always flock to the good job markets. Dallas is home to many fortune 500 companies. Some of the larger names are Exxon Mobile, AT&T, and American Airlines.
Big D offers an urban environment that is complete with shopping districts, sports teams, plenty of hiking and biking trails for those who lead an active life, and gorgeous stunning nearby lakes. If you love basketball or hockey, both the Stars and Mavericks home is located near Downtown inside the American Airlines Arena.
You should also be aware that Texas gets hot. It is not abnormal for the region to experience numerous and consecutive days above 100 degrees. When you are looking for a community, always remember that all bills paid accommodations can save you money. The winter snowstorms have previously brought the city to a halt. Chance are you will be using your heater in the colder months.
Accommodations appear around nearby neighborhoods and the inner city. As the population has exploded, so have the number of new listings for rent. From nearby McKinney to Arlington, it easy to get overwhelmed by the sheer magnitude of apt availablity.
How to Search for Apts
With any search, the first item on your list should be to locate potential neighborhoods and areas that might interest you. Just in case there is a shortage of cheap rentals, or they are out of your price range, its always a good idea to have a few backup areas. Unlike other smaller cities, the DFW Metroplex is enormous and narrowing down the location should be your top priority.
If you haven’t rented any apts previously, you will be happy to know that Dallas listings offer new features and amenities that you may have never encountered before. And with stunning upgrades like granite counters in kitchens and bathrooms, wood flooring, and high ceilings, you might feel that your sort of in your own personal custom home. Many are also pet-friendly. Just be sure to ask your leasing agent about breed restrictions and pet weight limits. An apartment finder can send you the best listings right into your email inbox!
Best Dallas Suburbs
Some of the highest concentrations of apartments lie near Uptown and Downtown. Many popular areas also include Oak Lawn and Deep Ellum. Here you will find plenty of retail and nightlife. You can literally step outside your residence and in a matter of minutes be near the middle of clubs, bars, and retailers. People absolutely love it here. You can find high rises, new townhomes, condos, and regular flats. You should also know that Uptown apts charge some of the highest market rates in the city. You will have to look elsewhere for rental rates for rentals in Dallas under $800. If you are searching for grandiose loft style residences, be sure to check downtown and Deep Ellum.
You can find Deep Ellum just east of the downtown area. It’s one of the more unique portions of the city and has a colorful past and history that make it well known among the residents.
A large portion of cheap lofts are available and might be perfect for you. The neighborhood today boasts plenty of arts and entertainment. You can find and secure something in the $800 range, and even lower which makes it an extremely affordable area. The majority of Deep Ellum rentals are loft style, and the area contains a large assortment of renowned restaurants. It’s a popular destination that attracts people from all over the city.
The Downtown area usually has had an interesting past, and with many recent changes, has drawn many renters who now call the area home. Downtown has always had large industrial buildings that housed telephone companies and other industrial types. Recently though developers have taken steps to change all this. Many older buildings have been converted into apartments in Downtown Dallas with rooftop pools, awesome view of the city limits and best of all, extremely affordable accommodations. Did you know you can rent properties in Downtown Dallas for under $1000!
Definitely one of the most popular by name, and probably the most expensive is right in the center of it all. Discover luxury apartments in Dallas for rent with all the amenities. If you want to be able to exit your home and then in a matter of seconds be near a plethora of shops, bars, restaurants, and an exciting nightlife, then Uptown is for you. You might never get a chance to rent an place with a location such as this one. Be sure to take advantage of it.
This isn’t too far from Uptown and it doesn’t have the high density of bars and restaurants. You might even call it a little more relaxed. Units here, are still occupied by younger residents, and there are many other options like high rises and condos. You won’t be far from popular sections of town such as Downtown, the Dallas Toll Road, and I-75. Don’t think that it’s any less desirable than Uptown (because it isn’t). Be sure to spend some time touring communities. There are many deals to be had, and many luxury homes expensive places that you probably might overpay for.
Although Addison is its own city, it’s centrally located, and it is really a great place to settle down. With plenty of places to choose from around the area, you can rest assured that you will find a place that meets your needs. Addison apartments are located adjacent to Dallas North Tollway, and just north of 635. As a resident, you will have quick access the Galleria and it will be a straight shot to Dwtn. If you want to have an Addison address, expect to pay in the $800’s and well north of that for a one bedroom floor plan. Although many rentals will have their rents starting in this range, the smaller units are usually rented out first.
If you are open to Addison, then you also want to consider Farmers Branch.
Not far from Downtown and the Design District, Victory Park boasts numerous luxury residences, rental homes, restaurants, and plenty of other forms of entertainment. Notable destinations in Victory Park include American Airlines Arena and the House of Blues. Residents also will have access to Katy Trail. It’s a hiking, walking, jogging, and biking path that stretches on for miles. There are a limited amount of places to choose from in the area, but many residents say it’s well worth it! Pricing here is some of the more expensive in the city, with 1 bedroom accommodations starting at $1100 and up.
Cost of Apartments Around Dallas
Pricing is going to vary among the various neighborhoods and surrounding suburbs. Richardson and Plano and generally going to be more expensive than areas around south of Downtown. Also, cities west like Euless have lower priced units that might meet your needs. You might discover all bills paid accommodations in Arlington, TX. With an area so large, it is best that you research neighborhoods and locations that might best meet your needs. But this is the place to move for great pricing on all types of floor plans.
A large majority of apt complexes are now using computerized software. Gone are the days when you could contact apartments in Dallas TX and get a firm price that may last for weeks or more. Expect pricing to change on a daily basis. These new software programs take into accounts things like vacancy rates, move-in, move-outs, and other criteria. The good news is that many rentals offer “live pricing” on their websites.
Frequently Asked Questions
Are there any good one room studio apartments for under 900?
Don’t look in Uptown or Downtown for Studios under $900. You should be able to find something in this price range in north Dallas. Look near the central Expressway near I-635 for cheaper rents.
Best tips for apartment hunting specific in Dallas
First of all you want to figure out how much you can spend on a monthly basis. Next you will want to know what neighborhoods you are interested in. Now you can either drive around the area or contact a realtor or locator who can assist you.
Any apts in dallas where they accept cash payments.
Not really. Owners require pay-stubs, tax returns, or bank statements. They need to verify how much money your making. Keep in mind they will also doing a complete background check on you as well. Motels might take cash payments.
Is Dallas a safe city to live in?
It has its fair share of neighborhoods. According to niche.com, Coppell and Frisco are some of the safest suburbs to live in.