Arlington

(Photo by Park Van Ness)

A study of apartment rent growth over a five year period yielded what may be startling results to some — Arlington was in the top five cities in the nation when it came to rental increases in a five year period.

The report, which was released by ApartmentList.com, found that rents in Arlington are up 28.4 percent over the past five years, the fourth fastest growth rate over that period among the nation’s large cities.

The national index grew by just 13 percent in the same time span.

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Dallas proper posted moderate rent increases, but it was the area suburbs and exburbs that saw the biggest apartment rents in 2018, RentCafe revealed in a recent report.

Flower Mound posted the highest rent at $1,526 (despite only having a minimal increase of 0.1 percent), higher than Farmers Branch and Frisco with average rents of $1,382 and $1,343, respectively. In Coppell, rents have stagnated, decreasing by 1 percent year over year. (more…)