Is Dallas, TX, Affordable for Renters? [2025]

For many renters, yes, Dallas is affordable. The average rent in Dallas is $1,907, which is lower than the national average of $2,102, and most folks in the Dallas-Fort Worth metro spend less than 30% of their income on rent. Translation: It’s manageable, especially if you’re a middle-income earner.

But let’s be real—affordability isn’t one-size-fits-all. Renters earning minimum wage are still priced out of most one-bedrooms, and the city’s cost of living runs 6.4% above the Texas average. Add in higher-than-average transportation costs (thank you, urban sprawl), and things can get tricky.

Still, for moderate to high earners, Dallas delivers strong value: more space, more jobs, and lively neighborhoods for less than what you’d pay in many other big cities.

Note: We used internal data and cross-referenced with data from BestPlaces.net and Numbeo.com to give you the most accurate snapshot of rents across Dallas as of August 2025.

What Are the Current Trends in Dallas’ Rental Market?

Not much drama. Rents have been holding steady. As of July 2025, median rent sits at $1,346, down just 0.1% from last month and 1.5% year over year. It’s a subtle sign of the market’s cooling, which could be good news if you’re apartment hunting.

Renters staying close to the city core save a bit, too. According to our Rent Report, Dallas rents are about 7.1% lower than the broader Dallas-Fort Worth metro. Nationwide, Dallas is the 63rd-most expensive large city. Not the cheapest and not the priciest—just comfortably in the middle.

Average Rent Prices in Dallas, TX

In most cases, you’ll pay less than the national average in Dallas, unless you’re eyeing a two-bedroom, which skews slightly higher. Here’s the breakdown:

Big picture? Studio and three-bedroom renters score the best deals. Two-bedroom prices are the outlier, likely driven by demand or limited supply.

What Is the Average Rent of a One-Bedroom Apartment in Dallas?

As of July 2025, the average rent for a one-bedroom apartment in Dallas is $1,540 per month. That figure reflects a mix of units across the city, from sleek downtown high-rises to cozier spots in the suburbs. Whether you're going solo or just need less space, this gives you a solid benchmark for budgeting.

What Is the Average Rent of a Two-bedroom Apartment in Dallas?

Looking for more room? Two-bedroom apartments in Dallas average $2,233 per month as of July 2025. That’s $39 above the national average, but you’re paying for the extra space, flexibility, and the option to split costs with a roommate if needed.

How Much Rent Can I Afford in Dallas, TX?

Compared to big-name cities, Dallas holds its own in both rent and cost of living.

*Cost of Living Index (U.S. average = 100) data sourced from Sperling's BestPlaces.

So if you're after affordability without major sacrifices, Dallas is a solid pick, especially when compared to other job-rich cities.

The 30% Rule

This one's a standard rule for a reason: It recommends spending no more than 30% of your pre-tax income on rent.

Let’s say you make $4,500 a month before taxes. According to this rule, your rent budget should max out at around $1,350. It’s a simple benchmark that helps make sure you’ve got room left over for everything else, including groceries, bills, streaming subscriptions you forgot to cancel, and maybe even a little fun.

Keep in mind that the 30% rule doesn’t work for everyone. If you’re paying off debt or have higher living costs, you might need to aim lower. But if your income is strong and your other expenses are low, you could have more flexibility.

The 50/30/20 Rule

This method breaks down your take-home pay into three buckets:

• 50% for essentials (rent, utilities, groceries, transportation).
• 30% for wants (dining out, shopping, weekend plans).
• 20% for savings or debt repayment.

So if your paycheck after taxes is $4,000 per month, all your must-have expenses—including rent—should fit under $2,000 monthly.

It’s a great way to stay balanced and avoid letting rent eat your entire budget. And unlike the 30% rule, this one considers your full financial picture, not just housing.

The 3x Rent Rule

Landlords love this one. It says your monthly income should be at least three times the rent. It’s a fast way for them to assess if you can afford the place.

So, if rent is $1,500 per month, you’ll need to show that you earn at least $4,500 monthly before taxes to qualify.

Keep in mind that the “3x” rule is not a legal requirement but a standard screening tool. Some properties may be more flexible, especially if you have strong credit, a cosigner, or low debt.

How Does the Overall Cost of Living in Dallas Compare to the National Average?

Big-city perks without the big-city price tag? That’s Dallas in a nutshell. The city’s overall cost of living hovers just 0.2% above the national average. Sure, that’s 6.4% higher than the Texas average, but for many renters, Dallas still feels like a good deal.

On average, a family in Dallas spends around $4,710 per month, about 12.8% less than the national norm. Solo renters pay closer to $4,233, which is 11.2% below what a single person would pay elsewhere in the U.S.

Long story short: You get a lot of city for your money.

Are Utilities and Other Expenses Affordable in Dallas?

Utilities in Dallas are a bit of a mixed bag, but overall, they’re fairly manageable. Electricity tends to run about $174 a month, which is slightly higher than the national average, but pretty standard for Texas. Gas is a pleasant surprise, averaging just $18 per month thanks to the state’s lower fuel costs. Water, fuel, and internet prices are also competitive, keeping total monthly utility expenses in check compared to what renters might face in other major metros.

Here’s a breakdown:

Internet bills average about $71.59 per month, according to Numbeo. And while public transit is expanding, most Dallas renters rely on their cars, so factor in fuel and maintenance when budgeting.

How Does the Cost of Renting Vary By Neighborhood in Dallas?

Dallas neighborhoods run the gamut, from budget-friendly to luxury living. Here's what you can expect by area.

Rent in Dallas’ Cheapest Neighborhoods

If affordability tops your list of priorities, these neighborhoods deliver serious savings without skimping on essentials.

Choosing one of these neighborhoods can help renters stretch their budget without sacrificing access to Dallas’ amenities and job markets.

Wolf Creek

Wolf Creek stands out as one of Dallas’ most affordable neighborhoods, making it a popular choice for budget-conscious renters. With average rents around $937 for a one-bedroom and just over $1,000 for a two-bedroom, it offers significant savings compared to the city’s overall rental market.

While Wolf Creek may not have the high-rise glamour of downtown, it provides a quiet, residential atmosphere with plenty of green spaces and convenient access to major highways. The neighborhood is known for its peaceful, tree-lined streets and proximity to natural attractions like the Trinity River Audubon Center, which offers hiking trails and wildlife viewing.

Lake Highlands

Lake Highlands is a well-established neighborhood known for its family-friendly feel, spacious apartments, and access to great schools. Average rents come in around $1,079 for a one-bedroom and $1,497 for a two-bedroom, making it more affordable than trendier areas but still packed with perks. Located in northeast Dallas, it offers a suburban vibe while keeping you close to downtown.

This neighborhood is also a win for renters who love the outdoors. It’s just minutes from White Rock Lake, where you can run, bike, kayak, or picnic on the weekends. Parks, trails, and community events are part of daily life here, and the strong neighborhood identity gives it a welcoming, grounded feel.

Redbird

Redbird offers a balance of affordability and access, with average rents at $1,085 for a one-bedroom and $1,386 for a two-bedroom. It’s located in southwestern Dallas and appeals to renters looking for more space and a strong community feel without the price tag of central neighborhoods. Nearby shopping centers, local eateries, and parks make everyday errands easy and accessible.

The area is also known for its neighborly vibe and slower pace. While Redbird may not be packed with nightlife or luxury high-rises, it provides a more relaxed, residential lifestyle that many renters appreciate. With local schools, green space, and room to breathe, it’s a great fit for families, longtime Dallas residents, and anyone craving more peace and less pressure.

Rent in Dallas’ Most Expensive Neighborhoods

Prefer upscale digs and big-city energy? These neighborhoods come with a premium price—and premium perks:

Oak Lawn

Oak Lawn is one of Dallas’ most upscale and energetic rental destinations. With average rents at $2,560 for a one-bedroom and $4,027 for a two-bedroom, it’s the city’s most expensive neighborhood. But those higher prices come with high-end perks: luxury apartments, walkable streets, and a lively nightlife scene. It’s especially popular among renters who want to be in the heart of the action, from boutique restaurants to rooftop bars.

Beyond its social scene, Oak Lawn also offers access to green space, including the Katy Trail and Turtle Creek Park, giving renters a rare blend of urban excitement and outdoor breathing room. The area is known for its vibrant LGBTQ+ community, stylish shopping, and central location near Uptown and Downtown.

Downtown Dallas

Downtown Dallas offers a true urban living experience, with high-rise apartments, skyline views, and walkable access to offices, dining, and entertainment. Rents here average $2,276 for a one-bedroom—about 48% above the city average—and $3,698 for a two-bedroom, placing it among the most expensive neighborhoods in Dallas.

The higher cost comes with plenty of perks. Residents are steps away from major employers, cultural landmarks like the Dallas Museum of Art and the AT&T Performing Arts Center, and a growing list of trendy bars and restaurants. For renters who value convenience, connectivity, and a fast-paced lifestyle, Downtown Dallas delivers premium access and big-city appeal.

Greenway Park

Greenway Park flies under the radar, but for renters in the know, it’s a gem. With average rents around $1,836 for a one-bedroom and $2,393 for a two-bedroom, it’s about 19.2% above the city average, reflecting its blend of calm, class, and centrality. The tree-lined streets and quiet feel give it serious residential appeal, while still keeping you close to Highland Park, the Medical District, and Uptown.

This neighborhood stands out for its refined, low-key vibe. You won’t find nightlife or crowds here, but you will get access to top-tier schools, shopping, and quick freeway access. It’s ideal for renters who want something polished but peaceful. Think of it as Dallas’ quiet luxury zone.

Brookhollow

Brookhollow is a polished, high-end neighborhood in Northwest Dallas that combines suburban comfort with city convenience. Average rents here are $1,753 for a one-bedroom and $2,509 for a two-bedroom—about 13.8% above the city average—making it one of Dallas’ pricier areas for renters.

What sets Brookhollow apart is its proximity to major employers, the Dallas-Fort Worth International Airport, and easy access to highways, making it especially appealing to professionals and frequent travelers. The neighborhood also offers a mix of upscale apartments and spacious homes, along with nearby golf courses and green spaces, giving residents a quiet, refined atmosphere with a touch of luxury.

What Is a Comfortable Salary for a Renter in Dallas?

To comfortably cover the average Dallas rent of $1,907, you’d need to earn about $76,280 per year (or roughly $6,357 monthly) before taxes. That’s a little higher than the city’s $70,121 median household income, and it helps explain why Dallas remains manageable for many middle-income earners.

According to MIT’s Living Wage Calculator, a single adult without children needs to earn at least $23.86 per hour (or approximately $49,628 annually) to remain above the poverty line in Dallas. For a family of four with two working adults? That number jumps to $26.33 per hour per person (or an annual household income of approximately $109,533).

Bottom line: If you're earning a moderate to higher income, Dallas is doable. For lower-income households, it may take shared housing or extra support to keep costs in check.

Are There Hidden Costs to Renting in Dallas?

Yep. What you see isn’t always what you pay. Besides rent and utilities, you’ll likely run into:

• Application fees.
• Security deposits (usually one month’s rent).
• Pet fees (because your furry friend isn’t moving in for free).
• Amenity fees (like parking, lockers, or in-unit laundry).

Planning ahead can help you avoid “How is my bill this high?!” surprises.

What Are the Best Ways to Save on Rent in Dallas?

Want to stretch your rent budget without sacrificing quality of life in Dallas? Try these strategies.

1. Tap Into Local Housing Resources

Start with trusted sites like Apartment List (hey, that’s us). We’ll match you with apartments that fit your budget and needs—fast. Also check out:

• The Dallas Housing Authority (DHA), which offers affordable housing programs and housing choice vouchers.
• Texas Rent Relief, which is a statewide assistance program (check for availability).
• City of Dallas housing programs, which provide information on housing resources, programs, and affordable rental listings.

They can help with affordable rentals and assistance options.

2. Use Lease Terms to Your Advantage

Flexibility is power. If your timeline allows, signing a longer lease (say, 15 or 18 months) can often lower your monthly rent. Landlords may offer better rates in exchange for lease stability. Also, consider timing your move during the off-season. In Dallas, demand drops in the fall and winter months, and that’s when you’re more likely to snag a move-in special, discounted rent, or even a free month.

3. Consider a Roommate or House Share

Splitting rent and utilities with a roommate can make a huge difference, especially with average two-bedroom rents around $2,233. That’s just over $1,100 each, which is significantly cheaper than the average $1,540 one-bedroom. Sharing housing can make high-demand neighborhoods more affordable while allowing for more living space and amenities.

4. Rethink the Amenity Wishlist

Sure, rooftop pools and fitness centers sound great, but they’re not free. Luxury apartment amenities often come with higher rent and additional fees. Instead of focusing on the flashiest features, prioritize what genuinely improves your day-to-day—a short commute, in-unit laundry, and a safe, quiet block. Older buildings and smaller complexes might not look as sleek in the listing photos, but they can offer better value and, often, more character.

5. Don’t Forget the Upfront Costs

Moving comes with upfront costs, including application fees, security deposits, moving services, and pet fees, which can quickly add up. Budget ahead to avoid surprises, and ask landlords for a fee breakdown before signing a lease.

6. Negotiate When You Can

Yes, you can negotiate rent, especially in slower markets or with individual landlords. If the unit’s been sitting empty, or you're willing to sign a longer lease, you might have leverage to ask for a lower rate, reduced fees, or perks like free parking or waived pet rent. It’s not a guarantee, but it never hurts to ask. The worst they can say is no.

7. Know Your Rights and Texas Tenant Laws

Being a well-informed renter is one of the best ways to protect your wallet. Texas tenant laws outline your rights around rent increases, security deposits, repairs, and more. Knowing what landlords can and can’t do helps you avoid sketchy situations, unnecessary charges, or disputes over your deposit. It’s not the most exciting reading, but it could save you hundreds.

Find an Apartment in Dallas, TX

With so many options and neighborhoods to consider, searching for an apartment in Dallas can feel overwhelming. That’s where Apartment List comes in.

By taking our quick, personalized quiz, you’ll get matched with apartments that fit your unique needs—whether it’s your must-have amenities, preferred location, or ideal move-in timeline. With us, you’ll spend five minutes and save 50 hours searching.

Is Dallas Affordable for Renters? FAQs

Is renting cheaper than buying a home in Dallas?

In many cases, yes, renting is cheaper than buying in Dallas, especially if you’re not settling in for the long haul. The median home costs $295,100, which is below both the Texas and national averages, but buying still comes with steep upfront costs. Meanwhile, renting a two-bedroom runs $2,233 per month on average, giving you more flexibility and fewer financial strings attached.

Is Dallas’ rental market competitive?

Very. It’s the second-most competitive market in Texas after Houston. On average, it takes 45 days to rent a unit, and many renters compete for each one. Low construction rates and high lease renewals keep supply tight.

What’s a livable wage in Dallas?

A livable wage for a single adult is about $23.06 per hour (or $47,965 per year). Families will need more, especially with dependents or extra expenses. This helps renters set realistic budget expectations.

What if I can’t afford rent in Dallas, TX?

Don’t panic—resources exist. Try:

• Dallas Housing Authority.
• Texas Rent Relief.
• Affordable neighborhoods or nearby suburbs.
• Shared housing or living with roommates.

Local nonprofits and community centers may also offer support.

Are utilities typically included in rent in Dallas?

Usually not. Most renters pay utilities separately, so budget $200 to $300 per month, depending on your unit size and usage. Some buildings include water or trash, but it’s always smart to double-check your lease.

Are there rent control laws in Dallas?

Nope. Texas bans rent control statewide. Landlords can raise rent based on market conditions as long as it’s not discriminatory and they give proper notice. There are rare exceptions (like during emergencies), but rent hikes are mostly fair game.