Photo courtesy Wikimedia Commons

More and more people are choosing to rent, economists are finding, but Apartment List found in a recent study that one particular — and somewhat surprising — segment of the rental market is booming: high-income renters.

The report deems those with six-figure incomes as high-income renters, and a growing number in this income bracket are choosing to rent their homes instead of buying. On a national basis, almost two million (or 48 percent of) high-income households became renters between 2007 and 2017.

“In Dallas specifically, high-income renters grew 91 percent from 2008-2017,” said Apartment List research associate Rob Warnock.

Why? At least in Dallas, it may be the sheer volume of luxury apartments available. (more…)

Midway HollowMidway Hollow is hot — even with all the new construction, it’s managed to maintain the things that make people want to live there — the friendly neighbors, the tree-lined streets, and the access to great schools.

So when we came across this three-bedroom, two bath home on Dunhaven Road for rent, we knew we should share.

Realtor Caren Clemmer co-owns the property, and you can tell that as a real estate professional, she knew what was needed to make the home ready for renters — a 2014 remodel has the bright, light 1,350 square foot abode boasting refinished hardwood floors, new tile flooring in the kitchen, new appliances, and updated bathrooms.

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Bishop ArtsIf you’re looking to live near Bishop Arts, but have struggled to find something at a reasonable price point, we may have the rental for you.

This adorable blue and white house sits on Kings Highway, close to Kessler, Bishop Arts and Winnetka Heights — and the rent is well worth the ability to hop on your bike and ride over to plenty of shopping and dining (no valet worries for you).

This upstairs unit, listed by Will Butler with Butler Property Company, has been completely redone — hardwood floors throughout, a brick fireplace, and neutral paint colors provide a perfect backdrop for your own furnishings and decor. (more…)

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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Summer is in full swing, and when you live in Dallas, that means the heat can get pretty intense. What better way to beat the heat than to cool off in a pool? Even though there are many water parks in the area to enjoy, the best thing is when you have a pool just steps from your door. When you choose the right apartment community, you can have a vacation-worthy pool to use all summer long. These are our favorite apartment communities in Dallas with sparkling pools. 

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When searching for a place to call home, most renters start with a price range in mind. Although the importance of staying within your budget is universal, the options available at different price points vary across the Dallas metro.

To illustrate this point, Apartment List crunched the numbers to find out how much space you can get for $1,500 in different parts of the Dallas metro. It’s no surprise that you have to sacrifice size for location to rent a luxury loft in downtown Dallas, where a 1,020-square-foot, one-bedroom runs $1,500. Meanwhile, you can spread out in a 1,410-square-foot, three-bedroom apartment in Fort Worth for the same price.

For a more thorough breakdown, we’ve selected specific examples of units in six Dallas-area cities near the $1,500 price point and close to each city’s average square footage.

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Renew your commitment to your resolution with these great apartment gyms! (Photo: Courtesy Sylvan | Thirty)

Did you make a resolution to exercise more in the New Year? Sticking with a resolution can be tough: 80 percent of resolutions fail before the second week of February. If you want to be part of the 20 percent that makes lasting lifestyle changes, one of the best ways to stick with your #fitnessgoals is to bring the gym to you. This week we’re featuring the best apartment gyms in our city, focusing on Dallas apartments with state-of-the-art fitness centers and sports courts. In these luxury apartments, treadmills and kettlebells are just a few steps away (so no more excuses)!

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Christmas is right around the corner, and you can certainly tell here in North Texas. The trees are decorated, holiday music is playing on the radio, and eggnog lattes are back at your favorite coffee shop. With Santa’s visit just a few short weeks away, we are highlighting our favorite Dallas-area apartments with fireplaces and chimneys for Santa to use. Don’t worry — all these chimneys are big enough for Santa to fit without feeling claustrophobic. Some even have rooftop pools and balconies for Santa’s reindeer to play in while they are waiting for the jolly old elf to finish delivering presents.

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