Erin Seeds with her boyfriend, Eric, and their two dogs, Snoop and Bowie.

As more and more Millennials are priced out of what would be considered typical “starter home” ranges, long-term renting has become customary for an entire generation. But finding a great apartment with everything you want and need — and at a suitable price — is the modern day trial of Job. 

That’s part of the reason why Erin Seeds launched Apartment Fit. Though she was born and raised in Dallas, Seeds moved off after graduating high school. When she came back, all she wanted was to find a reasonably priced apartment for her and her two dogs. 


renting in dallas

A new report from Apartment List analyzes the top trends in the 2017 rental market and predicts their impacts in 2018. For example, the report highlights the increase in the homeownership rate after a decade of declines, as well as the decrease in the share of rental units considered affordable to the lowest-income renters. Although affordability remains a concern for those renting in Dallas, Dallas rent growth slowed as the metro added more new rental stock than any other U.S. metro. Dallas rents remain slightly lower than the national average, at $1,100 for a two-bedroom apartment, compared to $1,160 nationwide.

The Dallas market added an estimated 22,851 new rental units in 2017, more than Miami, Phoenix, Boston, and San Francisco combined, and nearly 50 percent more than the number of new units added in 2016. While rental units in Dallas remain in high demand, with 2.4 percent year-over-year rent growth, the large increase in supply decreased occupancy rates from 92.3 percent to 91 percent.


Bitcoin is growing in popularity, and gaining ground in mainstream markets, says Ashley Stanley.

By Ashley Stanley
Special Contributor

The intersection of digital money and traditional finance occurred over the weekend in Chicago, as the first major U.S. exchange offered a product targeted toward Bitcoin: Bitcoin futures. If you’re new to the market, there’s a lot to learn. Bitcoin users are doubling every 12 months. That might seem wild and crazy, but it’s supported by data. If this trend continues, we are less than a decade away from half the world using Bitcoin.

I’ve been trading Bitcoin (BTC) and Ethereum (ETH) since April of this year. Now joining the list of “altcoins,” or alternative cryptocurrencies, is Cardano (ADA) and Litecoin (LTC). I quickly realized the need to assist my cryptocurrency friends since there is typically a two- to three-day delay in exchanging digital money, and everyone knows in the apartment industry that hot units go fast!

Should this be a mainstream “ah-ha” moment?


I suspect leasing is more important than looking.

Searching for an apartment has always annoyed me.  And having lived in more than a few apartments, that’s a lot of annoyance. Suffice it to say the stereotypes are true and you all know it.  In recent years, apartment building has been gangbusters in Dallas. Everyone wonders if there’s a bubble coming in the high rents asked by these newer buildings.  I’d call it more effervescence than the giddiness of popping bubble wrap.

I’m not going to try and navigate your individual peccadillos, but there are some things to understand and tricks to use in scoring the best rent wherever you look.



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.


The exterior of the Kirby Building on main. This converted Gothic building has fantastic apartments with great views.

The Kirby Building on Main is a converted Gothic historic property full of apartments with great views. Photo: Kirby Residences on Main

Ashley D. Stanley has positioned herself to be the go-to expert locator for downtown Dallas apartment rentals. She’s a real estate broker and owner of Ashley’s Apartments, an apartment locator service specializing in downtown and nearby areas.

Stanley lives, works, and plays in downtown, and considers herself one of its biggest fans.

“I live at 1900 Elm historical lofts next to Main Street Garden and have an office space out of the Pacific Place building next door, where my commute is through the skywalk, but with the birth of my son this past year I moved everything to my home office,” she said. “I moved my office from Park Cities in July 2013 right after I found out I was pregnant. I knew the downtown market was on the rise.”

Stanley was right: apartments in downtown can hardly get built fast enough to satisfy demand.

“The market is hot, hot, super hot,” she said. “New buildings are popping up and units are being pre-leased, meaning you might go to a showroom, see a spread of photos for their unique finish out, cabinetry, kitchen appliances, flooring, etc. and you are offered a great move in rate with maybe a few free weeks if you sign within 24 to 48 hours.”

But with high demand comes higher rents, and many people feel challenged by the task of finding affordable lease in downtown. So we sat down with Stanley and got her recommendations for the top five least expensive studio apartment rentals in downtown Dallas. Jump to read about these five fantastic places and her tips for snagging a lease!


Property For Rent

You guys are some of the most resourceful readers on the internet, so here’s a puzzle for you. This gal is looking for her dream rental, but she’s got some pretty tight paramaters:

I am looking for a fabulous place to live with a move date of Saturday, July 27 or July 20. I work in Downtown Dallas, so the closer, the better. A 1/1 or loft or even a space in someone’s home would work. I have a 10-pound dog and I really want W/D connections.

What I’m finding online is overpriced, located in a scary ‘hood (like Plano or South Dallas) or completely devoid of any personality.

I am thinking that someone has to have a garage apartment to rent for this gal! Maybe somewhere near Swiss? Munger Heights? Hardwoods or tile are preferred!

OK, Realtors! Show us your rentals!

Andrea Gonzaba. She is adorable. She also just joined Clay Stapp & Company who is, as you know, one of the hottest real estate brokers in town, and I don’t mean just because he’s cute. Clay brought the buyer to Champ d’Or at the March 30 auction, as you know, raising the most well-Botoxed brows in town. Andrea emailed me out of the blue in January asking for advice on starting her own blog and kick-starting her apartment leasing business:

I follow your CandysDirt blog. I am a real estate agent but I focus on apartment locating and residential leases. My background is in Marketing and I have been a Peace Corps volunteer in Guatemala. I have been following your blog for years and it has inspired me to start “Adventures of Andrea Apartment Hunter” which I will launch this month. I would like to meet with you if you have the chance and get your feedback about some ideas I have and your input on apartment locating. Let me know if you are available next week for a coffee/tea.

We never met, who has time? But I said, go ahead and write a guest post   about apartment leasing. So, she did. I really like this gal — she has spunk and a belly in her fire. There is no stopping her. And she’s obsessed with real estate, too. I got about 16 more emails from her asking if I had read her post. Each one made me love her more!

A week or so ago, Andrea called to tell me that she had joined up with Clay, heading up the leasing div, and I was delighted. Not at all surprised. But, I still had not read her post. So here, dang it, in celebration of Andrea’s new spot at the venerable Clay Stapp & Company, is a pretty decent post on “Dallas for Lease” by Andrea. Don’t fall in love with her work too much, because as much as I’d like to have her as a contributor, Andrea’s going to be way too busy leasing to blog, like most succesful agents.   

Dallas for Lease: Giants on the Horizon

by Andrea Gonzaba

Monstrous tower cranes are the usual companions of these metal -framed giants currently inhabiting our Dallas landscape. (Translation: there’s a whole lot of apartment building going on.)  Soon these structural exposed modular spaces will transform into brand new residential properties available for lease. (Our market might be overbuilt, whoops.)

1400 Hi Line Drive: This 23 story, 314-unit high-rise residential project is located at the corner of Hi Line Drive and the Stemmons frontage road, in the Design District. According to its developers, PMRG, it’s scheduled to open in mid-to-late 2012. Rogers O’Brien is the general contractor, Gromatzky Dupree & Associates is the architect, Faulkner Design Group is handling interiors, and Mesa Design Group is the landscape architect. It will have retail space available on the lower level. I am looking forward to the rooftop garden and pool which promises to have spectacular panoramic views of downtown, Uptown and Victory Park.

According to developer PM Realty Group’s CEO Rick Kirk, one neat thing about the project is the amenities deck.

“It’s nearly 1-acre on the 6th floor that will effectively be a living roof area, with a swimming pool, workout facility, fire pits and outdoor grills,” says Kirk, “and a common area that we call a great room off the pool deck.”

About 60 percent of the units are one-bedroom and one-bedroom dens, and 40 percent are two-bedrooms. They’ll average about 1,000 square feet, but range in size from 600 square feet to nearly 1,700 square feet.

“Our demographic is somewhat across the board. The target is the 30- to 50-year-old professional who either works in the area or just wants to live in the area and cross-commute,” says Kirk.

With accessibility to downtown, Uptown, the Medical District, and DART public transportation why would you look any further? Located between the Design District and the Katy Trail the area is pedestrian friendly and offers much to visit with all of the galleries. designer stores and restaurants such as Meddlesome Moth and Oak nearby.

Gables Fairmont: Developed by Gables Residential, this up and coming apartment community will mix contemporary and traditional esthetics. The eight-story, 500 unit community located at 2525 Carlisle will include 3 apartment buildings. According to its developers, the center section will be like an old New Orleans hotel with shutters on the windows, while some will be a little more contemporary.

“The design will look like three different hotels,” said Gables senior vice president Doug Chesnut. “We wanted it to look like a neighborhood of buildings not constructed all at once.” Architecture firm Looney Ricks Kiss of Memphis, Tenn., designed the project.

Scheduled to open in early 2013, future residents will enjoy the of living in Uptown and having accessibility of the Katy-Trail, Turtle Creek, retail stores located on the ground floor and walking to local art galleries. Prices of these high-end units will be comparable to its sister property Gables Villa Rosa, which is located on 2650 Cedar Springs Rd.

Cityville at City Place: Formerly Lowes City Place Theaters will be opening January 2013. Located NE corner of Haskell & 75. This 5 story contemporary residential property promises to offer 356 residential units and 106,000 square feet of retail space which will include LA Fitness and Kroger. Priced at $30/$35 per square feet it will have all the expected amenities of a luxury rental such as stained concrete floors, granite countertops, washer and dryer connections, spacious patios and a Zen Garden and outdoor fireplace. Since it is in the process of being, built we will keep you informed on new information as it becomes available.