DFW Apartment Rents Expected to Climb By Over 2% in 2016

Posted by Kenneth G. Cox on Wednesday, February 17th, 2016 at 8:06am

DFW Apartment Market

With apartment development absolutely booming all over the country the past couple years, it looks like skyrocketing rents could finally be slowing down, at least according to one national real estate website. Although Zillow Chief Economist Svenja Gudel believes rental rates will continue to rise in 2016, the rate at which we’ll see rates climb should be at a much slower pace.

According to research done by the national real estate portal, the median rent at the end of 2015 nationally was $1,381 and is expected to jump to $1,396 before the end of this year, which would only be about a 1.1 percent hike.

In Dallas, however, which is one of the hottest rental markets in the entire U.S., apartment rents are projected to climb 2.1 percent from December 2015 to December 2016, raising the median rent to $1,532 per month by the end of the year.

The incredible job growth Dallas is experiencing is certainly fueling the very active apartment market here in DFW, and with more jobs expected to migrate to the area over the next 12 months or so, expect the rental market to stay quite active for the foreseeable future, even despite plenty of new units coming to market over the course of the year as well.

LOOKING FOR A GREAT DFW APARTMENT? CHECK OUT SOME OF THE AREA'S HOTTEST RENTAL LISTINGS BELOW!

1700 Cedar Springs Road 2506, Dallas
  • Lease
  • 3 Beds
  • 3.1 Baths
  • 3,044 SqFt

1700 Cedar Springs Road 2506, Dallas

$9,055
1700 Cedar Springs Road 2503, Dallas
  • Lease
  • 3 Beds
  • 3.1 Baths
  • 3,337 SqFt

1700 Cedar Springs Road 2503, Dallas

$9,045
2215 Cedar Springs Road 2102, Dallas
  • Lease
  • 3 Beds
  • 2.1 Baths
  • 3,095 SqFt

2215 Cedar Springs Road 2102, Dallas

$7,999
6535 Bandera Avenue 1341, Dallas
  • Lease
  • 3 Beds
  • 4.1 Baths
  • 3,395 SqFt

6535 Bandera Avenue 1341, Dallas

$7,636
1700 Cedar Springs Road 2502, Dallas
  • Lease
  • 3 Beds
  • 3.1 Baths
  • 1,980 SqFt

1700 Cedar Springs Road 2502, Dallas

$6,955
6535 Bandera Avenue 2231, Dallas
  • Lease
  • 2 Beds
  • 3.1 Baths
  • 3,916 SqFt

6535 Bandera Avenue 2231, Dallas

$6,620
2728 Cedar Springs Road 1704, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,791 SqFt

2728 Cedar Springs Road 1704, Dallas

$5,605
2728 Cedar Springs Road 101, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,411 SqFt

2728 Cedar Springs Road 101, Dallas

$5,349
3140 Harvard Avenue 605, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,469 SqFt

3140 Harvard Avenue 605, Dallas

$4,735
5401 Bryant Irvin Road 466alb, Fort Worth
  • Lease
  • 1 Beds
  • 1 Baths
  • 466 SqFt

5401 Bryant Irvin Road 466alb, Fort Worth

$4,615
5401 Bryant Irvin Road 384ala, Fort Worth
  • Lease
  • 1 Beds
  • 1 Baths
  • 384 SqFt

5401 Bryant Irvin Road 384ala, Fort Worth

$4,615
5401 Bryant Irvin Road 333als, Fort Worth
  • Lease
  • 0 Beds
  • 1 Baths
  • 333 SqFt

5401 Bryant Irvin Road 333als, Fort Worth

$4,615
3140 Harvard Avenue 606, Dallas
  • Lease
  • 2 Beds
  • 2.1 Baths
  • 1,432 SqFt

3140 Harvard Avenue 606, Dallas

$4,585
3200 Mckinney Avenue 2002, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,399 SqFt

3200 Mckinney Avenue 2002, Dallas

$4,550
5401 Bryant Irvin Road 325als, Fort Worth
  • Lease
  • 0 Beds
  • 1 Baths
  • 325 SqFt

5401 Bryant Irvin Road 325als, Fort Worth

$4,405
6301 Overton Ridge Boulevard 2-2, Fort Worth
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,187 SqFt

6301 Overton Ridge Boulevard 2-2, Fort Worth

$4,370
New
6535 Bandera Avenue 2221, Dallas
  • Lease
  • 2 Beds
  • 2.1 Baths
  • 2,217 SqFt

6535 Bandera Avenue 2221, Dallas

$4,345
2728 Cedar Springs Road 207, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,352 SqFt

2728 Cedar Springs Road 207, Dallas

$4,254
6201 Plaza Boulevard 560 1b, Fort Worth
  • Lease
  • 1 Beds
  • 1 Baths
  • 560 SqFt

6201 Plaza Boulevard 560 1b, Fort Worth

$4,250
6201 Plaza Boulevard 320 1b, Fort Worth
  • Lease
  • 0 Beds
  • 1 Baths
  • 320 SqFt

6201 Plaza Boulevard 320 1b, Fort Worth

$4,250
3140 Harvard Avenue 804, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,328 SqFt

3140 Harvard Avenue 804, Dallas

$4,180
5401 Bryant Irvin Road 311 Al, Fort Worth
  • Lease
  • 0 Beds
  • 1 Baths
  • 311 SqFt

5401 Bryant Irvin Road 311 Al, Fort Worth

$4,090
5401 Bryant Irvin Road 308 Al, Fort Worth
  • Lease
  • 0 Beds
  • 1 Baths
  • 308 SqFt

5401 Bryant Irvin Road 308 Al, Fort Worth

$4,090
6301 Overton Ridge Boulevard 1+den, Fort Worth
  • Lease
  • 1 Beds
  • 2 Baths
  • 1,050 SqFt

6301 Overton Ridge Boulevard 1+den, Fort Worth

$3,980
New
6535 Bandera Avenue 2121, Dallas
  • Lease
  • 1 Beds
  • 2.1 Baths
  • 2,093 SqFt

6535 Bandera Avenue 2121, Dallas

$3,977
2610 Allen Street 3608, Dallas
  • Lease
  • 3 Beds
  • 3.1 Baths
  • 2,582 SqFt

2610 Allen Street 3608, Dallas

$3,961
5401 Bryant Irvin Road 1322d2, Fort Worth
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,322 SqFt

5401 Bryant Irvin Road 1322d2, Fort Worth

$3,950
2215 Cedar Springs Road 1110, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,622 SqFt

2215 Cedar Springs Road 1110, Dallas

$3,919
3140 Harvard Avenue 1501, Dallas
  • Lease
  • 1 Beds
  • 1 Baths
  • 1,084 SqFt

3140 Harvard Avenue 1501, Dallas

$3,850
5401 Bryant Irvin Road 1303vg, Fort Worth
  • Lease
  • 2 Beds
  • 1.1 Baths
  • 1,303 SqFt

5401 Bryant Irvin Road 1303vg, Fort Worth

$3,850
5401 Bryant Irvin Road 1081c2, Fort Worth
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,081 SqFt

5401 Bryant Irvin Road 1081c2, Fort Worth

$3,750
6535 Bandera Avenue 2111, Dallas
  • Lease
  • 1 Beds
  • 1.1 Baths
  • 1,956 SqFt

6535 Bandera Avenue 2111, Dallas

$3,658
5401 Bryant Irvin Road 1124vf, Fort Worth
  • Lease
  • 2 Beds
  • 1.1 Baths
  • 1,124 SqFt

5401 Bryant Irvin Road 1124vf, Fort Worth

$3,650
12400 Preston Road Ste-al, Dallas
  • Lease
  • 1 Beds
  • 1 Baths
  • 420 SqFt

12400 Preston Road Ste-al, Dallas

$3,635
2728 Cedar Springs Road 230, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,219 SqFt

2728 Cedar Springs Road 230, Dallas

$3,620
5401 Bryant Irvin Road 997vil, Fort Worth
  • Lease
  • 1 Beds
  • 1.1 Baths
  • 997 SqFt

5401 Bryant Irvin Road 997vil, Fort Worth

$3,450
5225 Verde Valley Ln L07, Dallas
  • Lease
  • 3 Beds
  • 3.1 Baths
  • 2,103 SqFt

5225 Verde Valley Ln L07, Dallas

$3,370
6301 Overton Ridge Boulevard 1-1, Fort Worth
  • Lease
  • 1 Beds
  • 1 Baths
  • 792 SqFt

6301 Overton Ridge Boulevard 1-1, Fort Worth

$3,275
5401 Bryant Irvin Road 716b1b, Fort Worth
  • Lease
  • 1 Beds
  • 1 Baths
  • 716 SqFt

5401 Bryant Irvin Road 716b1b, Fort Worth

$3,250
3201 Mckinney Avenue 628, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,316 SqFt

3201 Mckinney Avenue 628, Dallas

$3,205

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Listing information last updated on May 23rd, 2019 at 7:45pm CDT.