Apartments in Downtown Dallas

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Downtown Dallas

A Dallas Neighborhood

Summary

Dallas is a great city with lots of great neighborhoods to live in and fun places to hang out. And the heart of the city is downtown. If you want to live local, then this is the prime place to do it! Enjoy the full Dallas experience by living near some fantastic dining, shopping, recreation centers, and beautiful parks. But when you're searching for Downtown Dallas Apartments it can difficult to sift through all of the listings on the web or walk the streets to find places in the area that you're looking for.

That's exactly why ABODO exists. We gather listings from all over the web and we add new properties every day. And we do all this just so we can make sure that you've got the freshest list of apartments in downtown Dallas to choose from!

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Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$1,354
Studio
$1,593
1 Bedroom
$2,079
2 Bedrooms
$3,060
3 Bedrooms
$1,953
4 Bedrooms
$3,651
5+ Bedrooms
Get your search on...

Dallas:
July Rent Report

Welcome to the July 2020 Dallas Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the July 2020 key findings and figures for the Dallas rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Dallas and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Dallas rent prices in the chart below.

Monthly Rent Report

Dallas Rent Prices Increase From June to July

Dallas rent prices increased over the last month. From June to July, the city experienced a 1.28% increase for the price of a one-bedroom apartment. The rent price for a Dallas one-bedroom apartments currently stands at $1,185.0.

When we take a look at the two-bedroom comparison from June to July, Dallas experienced a 0.89% increase for the price of a two-bedroom apartment. The rent price for a Dallas two-bedroom apartments currently stands at $1,467.0.

July Prices: Dallas vs. Surrounding Areas

Rent Prices in Dallas and Surrounding Areas

Rent prices have increased in Dallas over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Dallas suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in The Colony, TX, Irving, TX, Farmers Branch, TX, Grand Prairie, TX .

  • Rent decreased in Plano, TX, Lewisville, TX, Richardson, TX.

  • 4 suburbs are currently priced higher than the city of Dallas.

  • 3 suburbs are currently priced lower than the city of Dallas.

July 2020 Pricing Trends: Dallas vs. National Comparisons

Dallas Rent Prices More Affordable Than Major Cities

Rent growth in Dallas over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Dallas rent prices appear to be relatively affordable for local residents.

The price for a Dallas one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of ABODO's July 2020 National Apartment Report and data set here.

For more information about Dallas and surrounding area rent prices, take a look at the complete data set below.

Data set for Dallas and suburbs

1 BR July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Dallas, TX $1,170.0 -0.08% $1,454.0 0.62%
The Colony, TX $1,308.0 1.55% $1,822.0 -0.22%
Plano, TX $1,312.0 -2.31% $1,788.0 -0.45%
Irving, TX $1,027.0 1.08% $1,349.0 0.15%
Farmers Branch, TX $1,311.0 0.77% $1,777.0 -0.17%
Lewisville, TX $1,176.0 -0.17% $1,550.0 -1.02%
Richardson, TX $1,341.0 0.00% $1,653.0 0.61%
Grand Prairie, TX $1,104.0 1.19% $1,377.0 -0.79%

Methodology

Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.