Dallas Is The 21st Most Expensive Apartment Market In US
Dallas takes the 21st spot in new national rankings from Zumper—but not for an accolade consumers will like. According to an analysis of 1 million active users per month, Dallas is the 21st most expensive city for apartment rentals. Austin, Plano, Houston and Fort Worth ranked 24, 28, 31 and 50, respectively.
Dallas rents are up 11% from last year for one-bedroom apartments and 12% for two-bedrooms, with an average one-bedroom renting for $1,220. Austin rents are down about 2% for both one- and two-bedrooms (you read that correctly: Austin rents are down) with an average one-bedroom price at $1,110.
Plano rents have decreased about 2% in the last month, but are up 9% over the last year to stand at $1,050 for an average one-bedroom. Irving rents are up 11% for one-bedrooms and 8% for two-bedrooms over the last year with an average of $880 for one-bedroom rents.
Both Fort Worth and Arlington still remain low compared to the rest of the Metroplex. Fort Worth on average will put you out $840 for a one-bedroom, up 5% from last year. Arlington one-bedrooms rent for $740 on average, up about 9% from last year.