Apartment List: Dallas rental market balanced
DALLAS – An Apartment List report shows the city’s rental market has relatively balanced supply and demand.
The report showed year-over-year rent growth in Big D was 1.8 percent. Rents are growing at a slower rate than the nation’s 2 percent and the state’s 2.1 percent year-over-year growth.
Some increase in rental prices is healthy and a matter of inflation, says Chris Salviati, a housing economist with Apartment List.
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The city’s rental growth over the past 12 months and flat growth in the past month show builders are keeping up with demand, maintaining a healthy rental market.
The average rent for a two-bedroom apartment is $1,100
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