Department of Numbers

Dallas County Texas Residential Rent and Rental Statistics

The median monthly gross residential rent in Dallas County TX was $1,042 in 2017 according to the Census ACS survey.1 Average gross rent in Dallas County was $1,100 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Dallas County median and average rent data will be released in September of 2019.

Data is also available below for Dallas County rental vacancy rates, Dallas County rent as a percent of median income and the fraction of renters in Dallas County.

Show dollars as: Nominal Real

Real Gross Rent in Dallas County Texas (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Texas Median Gross Rent $987 +1.65% +7.63%
Dallas County TX Median Gross Rent $1,042 +4.41% +11.68%

Dallas County TX Real Gross Rent Trends

At $1,042, real median gross rent in Dallas County was at its highest level in 2017 since the series began in 2005. At $1,100, real average gross rent in Dallas County was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Dallas County TX Median, Dallas County TX Average, Texas Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Dallas County

Date US
Median
Texas
Median
Dallas County TX
Median
Dallas County TX
Average
2017 $1,012 $987 $1,042 $1,100
2016 $996 $971 $998 $1,067
2015 $987 $959 $984 $1,051
2014 $956 $917 $933 $996
2013 $924 $875 $895 $964
2012 $912 $857 $880 $948
2011 $912 $852 $890 $957
2010 $927 $868 $906 $962
2009 $931 $871 $912 $959
2008 $947 $882 $927 $991
2007 $899 $836 $884 $940
2006 $909 $847 $909 $955

Dallas County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Dallas County Texas was 6.28% according to Census ACS data.

Rental Vacancy Rate in Dallas County Texas

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Texas 8.49% +0.84% +1.19%
Dallas County TX 6.28% -0.32% -1.06%

Trends in Dallas County TX Rental Vacancy Rate

The rental vacancy rate in Dallas County peaked in 2009 at 12.82%. Since then it has fallen by 6.54% to 6.28%. Data records for this series originated in 2005.

Rental Vacancy Rate: Dallas County TX, Texas, US

Rental vacancy rate in Texas

Historical Rental Vacancy Rate data for Dallas County

Date US Texas Dallas County TX
2017 6.18% 8.49% 6.28%
2016 5.89% 7.65% 6.60%
2015 5.85% 6.95% 6.73%
2014 6.32% 7.30% 7.34%
2013 6.49% 7.86% 7.24%
2012 6.77% 8.53% 9.51%
2011 7.40% 9.23% 9.19%
2010 8.17% 10.60% 11.05%
2009 8.43% 10.69% 12.82%
2008 7.86% 10.24% 11.09%
2007 7.87% 10.61% 12.48%
2006 7.70% 10.28% 11.72%

Rent as a Fraction of Income

Using median household income data for Dallas County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Dallas County, median monthly gross rent as a fraction of median household income was 22.05% in 2017 according to the ACS.

Dallas County Texas Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Texas 20.00% -0.28% -0.27%
Dallas County TX 22.05% +0.36% +0.22%

Trends in Dallas County TX Rent as a Fraction of Income

The fraction of median Dallas County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 22.15%. Since then it has fallen by 0.10% to 22.05%.

Fraction of Income towards Rent: Dallas County TX, Texas, US

Percent of median household income going towards median monthly gross rent in Dallas County Texas

Historical Data for Annual Rent as a Fraction of Income in Dallas County Texas

Date US Texas Dallas County TX
2017 20.13% 20.00% 22.05%
2016 20.43% 20.28% 21.68%
2015 20.63% 20.10% 22.15%
2014 20.89% 20.27% 21.83%
2013 20.78% 19.89% 21.99%
2012 20.65% 19.65% 21.64%
2011 20.70% 19.75% 21.55%
2010 20.50% 19.77% 21.41%
2009 20.12% 19.59% 21.53%
2008 19.00% 18.42% 20.57%
2007 18.66% 18.52% 20.08%
2006 18.90% 18.99% 20.43%

Renter Fraction in Dallas County Texas

You can calculate the renter fraction in Dallas County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Dallas County as a fraction of total Dallas County households. In 2017 50.06% of households were renters according to Census ACS data.

Dallas County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Texas 38.03% -0.88% -0.81%
Dallas County TX 50.06% -0.61% +0.24%

Trends in the Dallas County TX Renter Fraction

The Dallas County household renter fraction peaked in in 2016 at 50.67% and is now 0.61% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Dallas County TX, Texas, US

Fraction of renters in Dallas County

History of Dallas County Renter Fraction

Date US Texas Dallas County TX
2017 36.13% 38.03% 50.06%
2016 36.88% 38.91% 50.67%
2015 36.97% 38.94% 49.95%
2014 36.90% 38.84% 49.82%
2013 36.50% 38.16% 49.17%
2012 36.09% 37.72% 48.74%
2011 35.42% 37.08% 47.59%
2010 34.65% 36.42% 46.77%
2009 34.13% 36.32% 46.66%
2008 33.36% 35.10% 44.28%
2007 32.80% 34.82% 43.70%
2006 32.73% 34.75% 44.02%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.