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!

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Tumbleweed Tiny Home

We’re seeing Jed Kolko’s name pop up all over the place nowadays. This time it was in this Wall Street Journal piece comparing how the word “cozy” is often used to denote “small” properties in real estate markets.

“Cozy is one of those words that means very different things in different markets. Cozy in Texas is not what’s cozy in San Francisco,” says Jed Kolko, chief economist at TruliaTRLA +0.02% a real-estate website.

Trulia examined for-sale listings, excluding foreclosures, in 100 U.S. metro areas between Jan. 1, 2011, and Nov. 30, 2012. “In every metro area, homes that mention cozy are smaller than listings that do not,” Mr. Kolko says.

Tiny Apartment

I love how the story compares Dallas “cozy” to New York “cozy” (read: claustrophobic). Of course, we get the total cliche out of the way thanks to Briggs Freeman Sotheby’s agent Christy Berry:

“Cozy almost means small, and we don’t have small. Everything is bigger in Texas,” she says.

Maybe it’s true: We do have some gigantic properties in Texas, but really, can Texas do “cozy” justice?

Tumbleweed Tiny Home

We’re seeing Jed Kolko’s name pop up all over the place nowadays. This time it was in this Wall Street Journal piece comparing how the word “cozy” is often used to denote “small” properties in real estate markets.

“Cozy is one of those words that means very different things in different markets. Cozy in Texas is not what’s cozy in San Francisco,” says Jed Kolko, chief economist at TruliaTRLA +0.02% a real-estate website.

Trulia examined for-sale listings, excluding foreclosures, in 100 U.S. metro areas between Jan. 1, 2011, and Nov. 30, 2012. “In every metro area, homes that mention cozy are smaller than listings that do not,” Mr. Kolko says.

Tiny Apartment

I love how the story compares Dallas “cozy” to New York “cozy” (read: claustrophobic). Of course, we get the total cliche out of the way thanks to Briggs Freeman Sotheby’s agent Christy Berry:

“Cozy almost means small, and we don’t have small. Everything is bigger in Texas,” she says.

Maybe it’s true: We do have some gigantic properties in Texas, but really, can Texas do “cozy” justice?