Rental market snapshot for North Dallas, Dallas
North Dallas rental market summary
The rental market in North Dallas, Texas is showing signs of growth. In July 2023, there were 410 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $2,200, a 3.8% decrease from the previous month and a 10.8% decrease from the same time last year. This indicates that the rental market in North Dallas is becoming more affordable for tenants.
The decrease in median rent over the past year is likely due to the influx of new listings in the area. With more rental properties available, tenants have more options and can negotiate for lower prices. This is good news for tenants looking for an affordable place to live in North Dallas. With more rental properties available, tenants can find a place that fits their budget and lifestyle.
Median rent for all residential properties in North Dallas
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The most expensive listings and top trending buildings in North Dallas
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 7158 Joyce Way | $14,500 | 4 / 3.0 |
| 5922 Joyce Way | $14,200 | 5 / 5.0 |
| 5922 Joyce Way | $14,200 | 5 / 6.0 |
| 7009 Eudora Dr | $9,500 | 4 / 4.0 |
| 6535 Bandera Ave | $8,188 | 2 / 3.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| ZRS Management LLC* | $4,258 |
| Lincoln Property Company | $2,473 |
| GIG | $2,098 |
| BH Management Services LLC | $1,629 |
| Intercity Investments | $1,605 |
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Bedroom Breakdown in North Dallas
North Dallas neighborhood apartments rents
The rental market for studios in North Dallas, Texas is showing signs of growth. In July 2023, there were 4 new studio listings, indicating an increase in demand for studio apartments in the area. The median rent for studios in July 2023 was $1,646, which is 27.7% lower than the median rent in June 2023. This suggests that the rental market for studios in North Dallas is becoming more competitive, with landlords offering lower rents to attract tenants.
The rental market for 1-bedroom apartments in North Dallas, Texas is showing signs of stability. In July 2023, 66 new 1-bedroom listings were added to the market, while the median rent for 1-bedroom apartments only increased by .8% from June 2023 to July 2023, from $1,456 to $1,468. This suggests that the rental market is not experiencing any significant changes in pricing, and is likely to remain stable in the near future.
The rental market for 2-bedroom apartments in North Dallas, Texas is showing signs of growth. In July 2023, there were 49 new 2-bedroom listings, a 41.9% increase from the median rent in June 2023. The median rent for 2-bedroom apartments in July 2023 was $3,028, a significant increase from the median rent in June 2023 of $2,134. This indicates that the rental market for 2-bedroom apartments in North Dallas is on the rise and is likely to continue to increase in the coming months.