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Why Dallas Rents Are Falling (or Softening)

3 of 40 tracked Dallas ZIPs still show rent acceleration, so the softening is uneven rather than citywide. Across tracked ZIPs the typical home value runs from $145,509 in 75210 to $1,076,322 in 75209 — a factor of 7.4. New-construction sales changed -1.00% year over year. The median tracked ZIP records about 70 pending homes per 100 new listings.

Key stats

  • Across tracked ZIPs the typical home value runs from $145,509 in 75210 to $1,076,322 in 75209 — a factor of 7.4.
  • The median tracked ZIP records about 70 pending homes per 100 new listings.
  • The median tracked ZIP has a home-value-to-annual-rent ratio of 15.8.
  • New-construction sales changed -1.00% year over year.
Tracked ZIP markets
40
Median ZIP home value
$297,837
Median ZIP rent
$1,575
housing cost spread
Across tracked ZIPs the typical home value runs from $145,509 in 75210 to $1,076,322 in 75209 — a factor of 7.4.
new construction change
New-construction sales changed -1.00% year over year.
median pending flow
The median tracked ZIP records about 70 pending homes per 100 new listings.

How broad is rent softening?

Metro new-construction sales changed -1.00% year over year.

Sources and method

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