Dallas market rental trends report

Over the past 3–6 months, rent prices in Dallas have largely stabilized with slight downward movement, with overall asking rents softening by approximately 1.5% compared to the previous year. While seasonal demand provided some support, the market remains characterized by a transition toward more modest month-over-month fluctuations rather than the rapid growth seen in the early 2020s. This moderation in pricing is being driven by a massive influx of new multifamily inventory, with the Dallas-Fort Worth metro delivering nearly 97,000 units in the current development cycle, which has significantly elevated vacancy rates. Increased competition among properties has shifted leverage to tenants, with approximately 40% of listings now offering concessions like free rent or reduced deposits to maintain occupancy. As of April 2026, the current median rent across all unit types in Dallas is approximately $1,400.

Apartment listings

Below are some recent listing examples.

Oakhouse

• Studio/1 Bath
• 536 sq. ft.
• Rent: $1,345

7900 Park Central

• 1 Bed/1 Bath
• 768 sq. ft.
• Rent: $1,229

4123 Cedar Springs

• 2 Beds/2 Baths
• 1,037 sq. ft.
• Rent: $1,723

The Kendrick

• 3 Beds/2 Baths
• 1,196 sq. ft.
• Rent: $1,690

(Data sourced from Apartments.com)