Dallas County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Dallas County TX was $1,173 in 2019 according to the Census ACS survey.1 Average gross rent in Dallas County was $1,227 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Dallas County median and average rent data will be released in September of 2021.
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.
Real Gross Rent in Dallas County Texas (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Texas Median Gross Rent | $1,091 | +2.44% | +8.99% |
Dallas County TX Median Gross Rent | $1,173 | +2.45% | +13.99% |
Dallas County TX Real Gross Rent Trends
At $1,173, real median gross rent in Dallas County was at its highest level in 2019 since the series began in 2005. At $1,227, real average gross rent in Dallas County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Dallas County TX Median, Dallas County TX Average, Texas Median, US Median
Real Gross Rent History for Dallas County
Date | US Median |
Texas Median |
Dallas County TX Median |
Dallas County TX Average |
---|---|---|---|---|
2019 | $1,097 | $1,091 | $1,173 | $1,227 |
2018 | $1,077 | $1,065 | $1,145 | $1,197 |
2017 | $1,043 | $1,018 | $1,074 | $1,134 |
2016 | $1,027 | $1,001 | $1,029 | $1,101 |
2015 | $1,017 | $989 | $1,014 | $1,084 |
2014 | $986 | $946 | $962 | $1,027 |
2013 | $953 | $902 | $922 | $994 |
2012 | $940 | $884 | $907 | $978 |
2011 | $941 | $878 | $918 | $987 |
2010 | $955 | $895 | $934 | $992 |
2009 | $960 | $898 | $940 | $989 |
2007 | $927 | $862 | $912 | $969 |
2005 | $910 | $839 | $908 | $958 |
Dallas County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Dallas County Texas was 9.31% according to Census ACS data.
Rental Vacancy Rate in Dallas County Texas
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Texas | 8.15% | -0.06% | +0.50% |
Dallas County TX | 9.31% | +1.18% | +2.71% |
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 3.51% to 9.31%. Data records for this series originated in 2005. From a 2017 post peak low of 6.28%, the rental vacancy rate has increased by 3.03%.
Rental Vacancy Rate: Dallas County TX, Texas, US
Historical Rental Vacancy Rate data for Dallas County
Date | US | Texas | Dallas County TX |
---|---|---|---|
2019 | 5.97% | 8.15% | 9.31% |
2018 | 6.15% | 8.21% | 8.13% |
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% |
2007 | 7.87% | 10.61% | 12.48% |
2005 | 7.74% | 10.60% | 12.28% |
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 22.78% in 2019 according to the ACS.
Dallas County Texas Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Texas | 20.45% | -0.26% | +0.16% |
Dallas County TX | 22.78% | +0.22% | +1.09% |
Trends in Dallas County TX Rent as a Fraction of Income
Dallas County renters paid 22.78% of median household income towards the median monthly gross rent in 2019. This is the highest fraction of median household income going to rent since the series originated in 2005.
Fraction of Income towards Rent: Dallas County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Dallas County Texas
Date | US | Texas | Dallas County TX |
---|---|---|---|
2019 | 20.03% | 20.45% | 22.78% |
2018 | 20.50% | 20.70% | 22.56% |
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% |
2007 | 18.66% | 18.52% | 20.08% |
2005 | 18.89% | 19.11% | 20.45% |
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 2019 50.05% of households were renters according to Census ACS data.
Dallas County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Texas | 38.12% | -0.16% | -0.79% |
Dallas County TX | 50.05% | -1.00% | -0.62% |
Trends in the Dallas County TX Renter Fraction
The Dallas County household renter fraction peaked in in 2018 at 51.05% and is now 1.00% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Dallas County TX, Texas, US
History of Dallas County Renter Fraction
Date | US | Texas | Dallas County TX |
---|---|---|---|
2019 | 35.89% | 38.12% | 50.05% |
2018 | 36.05% | 38.28% | 51.05% |
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% |
2007 | 32.80% | 34.82% | 43.70% |
2005 | 33.10% | 35.29% | 44.06% |
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. ↩