Report: Dallas cheapest in Metroplex for rentersReport: Dallas cheapest in Metroplex for rentershttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=202932018-06-07T05:00:00Z2018-06-07T22:45:00Z

​​​​​Graph showing the Median price for a one- and two-bedroom apartment in Dallas, Fort Worth, Irving, Arlington, Garland, Grand Prairie, Mesquite, Carrollton, McKinney, and Plano

DALLAS – Despite steady rent increases, the City of Dallas is still the most affordable city in which to live in the Metroplex for apartment dwellers, according to a report by Apartment List.

The report found that renting an apartment in Dallas is comparatively cheaper than in the nine other large cities in the Metroplex.

Median rent for a two-bedroom apartment in the city is currently $1,105 per month, up 1.1 percent from last year.

Plano has the highest median rent—$1,420 for a two-bedroom apartment—in the region​.

Median rent for one-bedroom apartment in Plano is​ $1,140, whereas in Dallas, a one-bedroom apartment would cost $889.

According to the report, rents have been increasing throughout Texas at a rate of 2 percent, and nationally at a rate of 1.5 percent.
Dallas Business Journal
Dallas-Fort Worth-Arlington

​Check out Transwestern's "1Q 2018 DFW Multifamily Market Report" for submarket statistics (pages 3 & 4).

See also: Dallas-Fort Worth-Arlington Multifamily Market Research.

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