The Interurban building is a classic industrial loft building in downtown Dallas.

Some of the hottest apartments currently on the market are lofts, with plenty of luxury lofts for rent in Dallas. Loft apartments are often converted from former industrial buildings, but now many brand new “loft-style” apartments are being built in the Dallas, usually located near downtown. Loft-style buildings are open-concept spaces with high ceilings and large windows, and often include more industrial decor such as exposed brickwork. This week we’re highlighting our favorite residential loft rentals in Dallas.

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Rents have been on the rise in Dallas, with the median one-bedroom apartment in Dallas proper renting for $890 a month. Throughout the Dallas area, some suburbs still offer lower prices compared to Dallas, while others are considerably more expensive.

To give renters an idea of how far their rent check will go, we’re highlighting properties at the Dallas median price in Dallas proper, as well as in 10 surrounding cities. From one-bedrooms in Frisco and Carrollton to two-bedrooms in Fort Worth and Garland, there are plenty of great rentals in the Dallas-Fort Worth metro for around $890 a month.

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Having a car can be expensive — beyond monthly car payments, there are costs associated with insurance, gas, oil changes, repairs, and parking. Even if you own a car, public transit is a great alternative means of commuting. You can avoid sitting in traffic and save on paying for parking in downtown Dallas. We’re featuring great apartments that are just a short walk from the closest DART station. These apartments will make your daily commute a breeze!

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Texas National Guard soldiers arrive in Houston on August 27, 2017, to aid residents affected by Hurricane Harvey. (Photo: Texas Army National Guard)

So many people lost everything — homes, cars, and all their possessions — in the wrath wrought by Hurricane Harvey. But there’s another category of people who were just as badly affected by this record-breaking storm: renters. 

In some cases, renters are required to continue paying rent on uninhabitable apartments and homes, and some can’t even work, with many businesses either wiped away, flooded, or otherwise damaged. If your apartment or home is uninhabitable and you’ve notified your landlord about terminating your lease in writing, the next step is finding someplace else to live. This can be daunting, but RentCafe and its parent company, Yardi, have teamed up to help.

Yardi, the California-based property management software company, has created a free online housing registry where displaced residents can find new places to live in the affected region and beyond.

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It’s officially back to school season! Store shelves are lined with pencils, pens, and notebooks. Children sport new backpacks. For many families, it may also be moving season. Top school districts are a major draw for families looking to relocate to nearby suburbs. For households not ready to buy a home in a new district, we’re highlighting some family-friendly apartment buildings in top Dallas-area school districts.

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Interesting data from this survey of ApartmentList users. According to the brand’s latest report on renter migration, Dallas apartment dwellers cite affordability, jobs, and commute as the top three reasons for leaving the city. Likewise, the top three destinations for renters in Dallas are Denver, Chicago, and Washington, D.C.

In their concerns, as it turns out, Dallas renters are not alone.

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The Butler Brothers building

By Sydney Bennet
Special Contributor

The Dallas market is full of stunning apartments offering state-of-the-art facilities and a range of amenities. Top-notch apartment buildings can be found with rooftop pools, patios with grills, game rooms, and well-equipped fitness centers. In these apartment buildings, renters can often be found lounging at the pool, playing ping-pong in the game room, and lifting weights at the gym. The Butler Brothers Building, located just next door to Dallas City Hall, offers some additional unique amenities catering towards creative renters.

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There’s a serious shortage of affordable rentals in Dallas, but some data shows that prices are dropping. That’s good news considering that wages, when compared to housing costs, are creating a gap in affordability that is causing a whole swath of renters to become “cost burdened.”

“Dallas, specifically, ranks No. 47 when it comes to cost burdened renters, with 47 percent of the local renters spending at least 30 percent of their income on rent,” said Sam Radbil of Abodo. “Outside of Dallas, when looking at the data on a national level, the study revealed that almost half of the top 20 cities with the most cost burdened renters are located in California.”

Abodo’s numbers show that Dallas rents dropped .2 percent in October from the previous month, but are up 5.3 percent year-over-year. However, according to RentCafe, Plano is actually quite affordable, with only 25 percent of a renter’s annual income going toward rent. Irving is also quite affordable.

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According to Apartment List, affordable rentals are increasingly found outside the Dallas city limits.

In Dallas, though, the market has seen an influx of luxury rentals for those who eschew homeownership in favor of low-maintenance, non-committal leasing. This has meant that fewer affordable units have been built, pushing residents outside of the city, creating longer commutes, and overall increasing transportation costs for those who can least afford it. You can see the results in Apartment List‘s recent breakdown of median two-bedroom rental costs.

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