Welcome to the Apartment List March 2026 Rent Report for DeSoto, TX. Currently, the overall median rent in the city stands at $1,428, after rising 1.3% last month. Prices and are now up 3.5% year-over-year. Read on to learn more about what’s been happening in the DeSoto rental market and how it compares to trends throughout the broader Dallas metro area and the nation as a whole.