Dallas, TX Rental Market
Dallas is one of the nation's premier financial and technology hubs, anchored by DFW International Airport — the fourth-busiest in the world — and a wave of high-profile corporate headquarters relocations including Tesla, Oracle, and numerous Fortune 500 companies. This corporate migration drives strong, sustained rental demand from high-income professionals and their families, supporting above-average rent growth across the metro.
Get a rent estimate for an address in DallasAverage Rent in Dallas, TX
$1,550
per month · 2026-06
Market Score
Key Facts — Dallas, TX Rental Market
- Average rent in Dallas, TX:$1,550/mo
- Median rent:$1,426/mo
- Rent range:$775 – $3,400/mo
- Most common rental (2 bedrooms):$1,375/mo
- Active listings:2,600
- Avg days to lease:25 days
- Year-over-year change:+3.5%
- Median home value:$285,000
- Est. gross annual yield:6.5%
- Data as of:2026-06
Rent by Bedroom in Dallas, TX
Average monthly rent for each bedroom type based on current active listings in Dallas.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,125/mo |
2 Bedrooms | $1,375/mo |
3 Bedrooms | $1,725/mo |
4 Bedrooms | $2,150/mo |
5 Bedrooms | $2,450/mo |
Dallas Rental Market Statistics
Key indicators from the current Dallas, TX rental market.
2,600
Available now in Dallas
25
From list to lease
$1.15
Average across listings
1,350 sq ft
Typical rental size
$775 – $3,400
Min to max active listings
+3.5%
Avg rent vs. prior year
Investing in Dallas, TX Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$285,000
Typical purchase price in Dallas
Est. Gross Annual Yield
6.5%
Before expenses & vacancy
Avg Monthly Income
$1,550
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Dallas for a full cash-flow breakdown including all costs.
Dallas, TX Rental Market FAQ
Common questions about renting and investing in Dallas, TX.
What is the average rent in Dallas, TX?
The average rent in Dallas, TX is $1,550 per month as of 2026. One-bedroom apartments average $1,125/mo, two-bedrooms average $1,375/mo, and three-bedroom homes average $1,725/mo. Premium neighborhoods like Uptown, Knox-Henderson, and Oak Lawn command significantly higher rents, while outer neighborhoods and southern Dallas offer more affordable options.
Is Dallas, TX a good place to invest in rental property?
Dallas offers an estimated 6.5% gross annual yield combined with 3.5% year-over-year rent growth, supported by one of the most robust corporate relocation environments in the country. Major employers including AT&T, Goldman Sachs, and a growing roster of tech firms relocating from California create a high-quality, diverse tenant base. DFW airport connectivity makes Dallas a top destination for national and international business.
How competitive is the Dallas, TX rental market?
Dallas is one of the most competitive rental markets in Texas, averaging just 25 days on market across 2,600 active listings. Uptown and the Arts District see the fastest absorption, often leasing within days. Neighborhoods undergoing gentrification — such as Deep Ellum, Bishop Arts, and Oak Cliff — are also experiencing accelerating demand as younger professionals seek urban living at moderate prices.
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