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!

New
2120 N Olive Street 3107, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,506 SqFt

2120 N Olive Street 3107, Dallas

$8,000
New
3201 Mckinney Avenue 2001, Dallas
  • Lease
  • 2 Beds
  • 2.1 Baths
  • 2,511 SqFt

3201 Mckinney Avenue 2001, Dallas

$7,985
4719 Cole Avenue 266, Dallas
  • Lease
  • 3 Beds
  • 2.1 Baths
  • 2,329 SqFt

4719 Cole Avenue 266, Dallas

$7,445
3140 Harvard Avenue 1704, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,432 SqFt

3140 Harvard Avenue 1704, Dallas

$4,650
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
  • 0 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
4719 Cole Avenue 332, Dallas
  • Lease
  • 2 Beds
  • 2.1 Baths
  • 1,814 SqFt

4719 Cole Avenue 332, Dallas

$4,559
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

$4,328
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
New
2215 Cedar Springs Road 1910, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,622 SqFt

2215 Cedar Springs Road 1910, Dallas

$4,100
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
2215 Cedar Springs Road 2103, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,594 SqFt

2215 Cedar Springs Road 2103, Dallas

$3,999
5401 Bryant Irvin Road 1322d2, Fort Worth
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,322 SqFt

5401 Bryant Irvin Road 1322d2, Fort Worth

$3,950
2619 Mckinney Avenue 1302, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,275 SqFt

2619 Mckinney Avenue 1302, Dallas

$3,900
2619 Mckinney Avenue 809, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,318 SqFt

2619 Mckinney Avenue 809, Dallas

$3,895
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
3140 Harvard Avenue, Dallas
  • Lease
  • 1 Beds
  • 1 Baths
  • 1,084 SqFt

3140 Harvard Avenue, Dallas

$3,800
6301 Overton Ridge Boulevard 1+den, Fort Worth
  • Lease
  • 1 Beds
  • 2 Baths
  • 1,050 SqFt

6301 Overton Ridge Boulevard 1+den, Fort Worth

$3,796
5401 Bryant Irvin Road 1081c2, Fort Worth
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,081 SqFt

5401 Bryant Irvin Road 1081c2, Fort Worth

$3,750
New
2619 Mckinney Avenue 1502, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,275 SqFt

2619 Mckinney Avenue 1502, Dallas

$3,699
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
2215 Cedar Springs Road 1907, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,409 SqFt

2215 Cedar Springs Road 1907, Dallas

$3,635
12400 Preston Road Ste-al, Dallas
  • Lease
  • 1 Beds
  • 1 Baths
  • 420 SqFt

12400 Preston Road Ste-al, Dallas

$3,635
5401 Bryant Irvin Road 997vil, Fort Worth
  • Lease
  • 1 Beds
  • 1.1 Baths
  • 997 SqFt

5401 Bryant Irvin Road 997vil, Fort Worth

$3,450
7775 Firefall Way 1300, Dallas
  • Lease
  • 2 Beds
  • 2.1 Baths
  • 1,776 SqFt

7775 Firefall Way 1300, Dallas

$3,345
New
2589 N Houston Street 912, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,377 SqFt

2589 N Houston Street 912, Dallas

$3,300
5401 Bryant Irvin Road 716b1b, Fort Worth
  • Lease
  • 1 Beds
  • 1 Baths
  • 716 SqFt

5401 Bryant Irvin Road 716b1b, Fort Worth

$3,250
6301 Overton Ridge Boulevard 1-1, Fort Worth
  • Lease
  • 1 Beds
  • 1 Baths
  • 792 SqFt

6301 Overton Ridge Boulevard 1-1, Fort Worth

$3,207
3362 Forest Lane 743-1b, Dallas
  • Lease
  • 2 Beds
  • 2 Baths
  • 1,018 SqFt

3362 Forest Lane 743-1b, Dallas

$3,199
2215 Cedar Springs Road 1708, Dallas
  • Lease
  • 1 Beds
  • 1 Baths
  • 1,328 SqFt

2215 Cedar Springs Road 1708, Dallas

$3,179
6301 Overton Ridge Boulevard 1, Fort Worth
  • Lease
  • 1 Beds
  • 1 Baths
  • 700 SqFt

6301 Overton Ridge Boulevard 1, Fort Worth

$3,119
12400 Preston Road Alc-al, Dallas
  • Lease
  • 0 Beds
  • 1 Baths
  • 324 SqFt

12400 Preston Road Alc-al, Dallas

$3,110
6201 Plaza Parkway 510alc, Fort Worth
  • Lease
  • 0 Beds
  • 1 Baths
  • 510 SqFt

6201 Plaza Parkway 510alc, Fort Worth

$3,075
6201 Plaza 480alc, Fort Worth
  • Lease
  • 0 Beds
  • 1 Baths
  • 480 SqFt

6201 Plaza 480alc, Fort Worth

$3,075
2215 Cedar Springs Road 1211, Dallas
  • Lease
  • 1 Beds
  • 1 Baths
  • 1,337 SqFt

2215 Cedar Springs Road 1211, Dallas

$2,992
7775 Firefall Way 1332, Dallas
  • Lease
  • 1 Beds
  • 1.1 Baths
  • 1,343 SqFt

7775 Firefall Way 1332, Dallas

$2,967

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