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(214) 350-4175
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Hilton Head
(844) 428-2611
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The Mayflower Apartments
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Apartments Under $500 in Dallas, TX

1 of 10 Results
29
$75 - 1,987
Andora Apartments
3305 Linda Drive Dallas, TX
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Bachman
21
$ Ask - 1,005
Hilton Head
11440 Mccree Road Dallas, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
30
$ Ask - 1,177
The Mayflower Apartments
411 Akard St. Dallas, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
1 - 3 of 10 Results
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  2. Dallas
  3. Apartments Under $500

How much does it cost to rent an apartment in Dallas?

Dallas Apartments
Bed Type Average Rent Range
Studio $1,410 $820 - $1,900
1BR $1,380 $870 - $2,310
2BR $1,800 $1,150 - $3,390
3BR $2,610 $1,350 - $6,090
4+BR $2,250 $1,100 - $20,500
Frequently Asked Questions

How many apartments are available in Dallas, TX on Rentable.co?

Rentable.co has over 108,161 apartments available in Dallas.

What is the average rent for a studio apartment in Dallas, TX?

The average rent for a studio apartment in Dallas is around $1,410 per month.

What is the average rent for a one-bedroom apartment in Dallas, TX?

The average rent for a one-bedroom apartment in Dallas is around $1,380 per month.

What is the average rent for a two-bedroom apartment in Dallas, TX?

The average rent for a two-bedroom apartment in Dallas is around $1,800 per month.

How expensive is living in Dallas, TX?

Based on average rent prices in Dallas, to afford a studio apartment you would need an annual salary of $56,000 to live comfortably.

How many apartments under $500 are available in Dallas, TX on Rentable.co?

Rentable.co has 10 apartments under $500 available for rent in Dallas.

Which neighborhoods have the most apartments under $500 for rent in Dallas, TX?

  1. Abrams
  2. Cedars
  3. Maple Lawn
  4. Wynnewood North
  5. East Dallas

Asset 2
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Dallas:
June Rent Report

Welcome to the June 2023 Dallas Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2023 key findings and figures for the Dallas rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Dallas and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Dallas average rent prices in the chart below.

Monthly Rent Report

Dallas Rent Prices Decrease From May to June

Dallas rent prices decreased over the last month. From May to June, the city experienced a -0.71% decrease for the price of a one-bedroom apartment. The rent price for a Dallas one-bedroom apartments currently stands at $1,395.0.

When we take a look at the two-bedroom comparison from May to June, Dallas experienced a -0.49% decrease for the price of a two-bedroom apartment. The rent price for a Dallas two-bedroom apartments currently stands at $1,810.0.

June Prices: Dallas vs. Surrounding Areas

Rent Prices in Dallas and Surrounding Areas

Rent prices have decreased in Dallas over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Dallas suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Carrollton, TX .

  • Rent decreased in Irving, TX, The Colony, TX, Garland, TX, Lewisville, TX, Plano, TX, Grand Prairie, TX.

  • 3 suburbs are currently priced higher than the city of Dallas.

  • 4 suburbs are currently priced lower than the city of Dallas.

June 2023 Pricing Trends: Dallas vs. National Comparisons

Dallas Rent Prices More Affordable Than Major Cities

Rent growth in Dallas over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Dallas average rent prices appear to be relatively affordable for local residents.

The price for a Dallas one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Dallas and surrounding area rent prices, take a look at the complete data set below.

Data set for Dallas and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Dallas, TX $1,405.0 -0.50% $1,819.0 -0.49%
Irving, TX $1,276.0 -0.47% $1,689.0 -0.94%
The Colony, TX $1,873.0 -0.32% $2,803.0 -1.62%
Carrollton, TX $1,595.0 0.95% $1,802.0 -0.44%
Garland, TX $1,089.0 -0.09% $1,538.0 -0.65%
Lewisville, TX $1,385.0 -0.72% $1,749.0 -2.24%
Plano, TX $1,463.0 -0.75% $1,962.0 -1.11%
Grand Prairie, TX $1,238.0 -0.08% $1,570.0 -0.38%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.