Dallas is the fourth-largest metropolitan area in the U.S. It has professional sports teams, a Real Housewives franchise, and the most famous cheerleaders in the country. The cost of living is expected to be on the high end, simply because it’s a metro area with good job growth.
Our city has its fair share of multi-million-dollar mansions, but when it comes to rentals, there really is something for everyone, even those who don’t bring home six-figure paychecks. According to a recent report issued by Apartmentlist.com, the median rent for a two-bedroom dwelling in Dallas is $1,136, slightly below the national average of $1,192.
So, what does $1,136 look like? At The View at Kessler Park near Hampton and Fort Worth Avenue, the median price for rent in Dallas looks pretty good. Rent in the high-rise building ranges from $760 to $1,403 per month for studio, one-bedroom, and two-bedroom units.
Amenities For Days
I love apartments.
Sure, there’s a good argument that you’re throwing your money away each month rather than making a long-term investment. But what if your plan is temporary, so you save some money for a down payment on a home? What if you want the landlord to step in when the A/C breaks down in the middle of the summer? What if you and your best friend are recent college grads and not quite ready to face the world on your own just yet? There are a zillion scenarios in which apartment life sounds pretty appealing.
Hands down one of the best features of apartment living are the amenities, which range widely by building. Most renters have access to a pool, a fitness center, WiFi, and in the case of The View at Kessler Park, a game room and cinema.
At The View, tenants get an affordable rental price and tons of amenities including a “bark park,” café, laundry room, and resident enrichment center that features programs facilitated by teachers, healthcare workers, and local law enforcement professionals.
December Rent Trends
The Apartmentlist report, specific to the Dallas area, identified the following findings:
- Rents in Dallas have remained flat over the past month, however, they have increased 2.2 percent year over year.
- Dallas’ median two-bedroom rent of $1,136 is below the national average of $1,192.
- Over the past year, rent increases have been occurring not just in the city of Dallas, but across the entire Metroplex.
- Plano has the most expensive rents in the Dallas metro, with a two-bedroom median of $1,472; the city has also seen rent growth of 2.5 percent over the past year, the fastest in the metro.
- Over the past month, Irving has seen the biggest rent drop in the metro, with a decline of 0.3 percent. Median two-bedrooms there cost $1,240, while one-bedrooms go for $998.
- Dallas proper has the least expensive rents in the Dallas metro, with a two-bedroom median of $1,136; rents increased 0.1 percent over the past month and 2.2 percent over the past year.
Rent a studio, one- or two-bedroom apartment at The View at Kessler Park, 2511 Wedglea Drive, Dallas, with prices ranging from $760 to $1,405 per month.