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Dallas Metro Report: February 2018

The Zumper Dallas Metro Report analyzed active listings in January across 14 metro cities to show the most and least expensive cities and cities with the Fastest Growing rents. The Texas state median Rent was $913 last month.

Cities Ranked By Rent

Slide03

The Most Expensive

–Dallas, TX rent grew $10 to $1,300 and remained the priciest in the metro.

–Richardson, TX continued to rank as the second most expensive with rent at $1,200.

–Irving, TX prices dropped $10 to $1,160 and continued to rank as the third priciest.

The Least Expensive

–Arlington, TX was the most affordable city with one bedrooms priced at $720.

–Mesquite, TX followed closely behind as second with rent at $760.

–Denton & Grand Prairie, TX tied for third with prices at $830.

Growth Rate

Slide04

The Fastest Growing (Y/Y%)

–Grand Prairie, TX had the fastest growing rent since this time last year, up 15.3%.

–Mesquite, TX saw rent climb 15.2%, making it the second fastest growing.

–Garland, TX was third with rent increasing 14.9%. Dallasfeb

Full Data

  1 Bedroom  2 Bedrooms  
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Dallas$1,3000.80%0.80%$1,710-0.60%0.00%
2Richardson$1,2000.00%0.00%$1,6100.00%6.60%
3Irving$1,160-0.90%9.40%$1,4100.00%8.50%
4Plano$1,150-0.90%9.50%$1,5000.00%5.60%
5Frisco$1,090-4.40%-1.80%$1,5500.00%3.30%
6Mckinney$1,0203.00%9.70%$1,4102.20%8.50%
7Carrollton$1,0002.00%5.30%$1,2300.00%1.70%
8Fort Worth$9900.00%7.60%$1,2100.00%10.00%
9Lewisville$9500.00%10.50%$1,220-2.40%7.00%
10Garland$8501.20%14.90%$1,080-1.80%13.70%
11Denton$8300.00%9.20%$1,0800.90%8.00%
11Grand Prairie$8301.20%15.30%$1,050-0.90%10.50%
13Mesquite$7600.00%15.20%$1,0001.00%14.90%
14Arlington$7200.00%5.90%$9601.10%7.90%

About

The Zumper Dallas Metro Report analyzed active listings of Dallas apartments that hit the market in January 2018. Listings are aggregated by city to calculate median asking rents.

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The post Dallas Metro Report: February 2018 appeared first on The Zumper Blog.



This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here

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Dallas Metro Report: February 2018

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