The median rent for one- and two-bedroom apartments in Dallas, Texas, amounted to 1,354 U.S. dollars by the end of 2023. Rents decreased slightly after the start of the coronavirus pandemic, but this trend quickly reversed, in April 2022, the annual rental growth reached its peak at around 18 percent. Among the different states in the U.S., Texas ranks as one of the mid-price range rental markets.
The annual taking rent of industrial big box buildings has been on an upwards trend since 2013, except for a slight decrease in 2021. In 2023, a square foot of big box space cost 6.5 U.S. dollars, up from 3.26 U.S. dollars in 2013. Big-box refers to large industrial buildings used for distribution. Despite the increase in rental rates, Dallas had lower than the average big box rent in North America.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Rent of Primary Residence in Dallas-Fort Worth-Arlington, TX (CBSA) (CUURA316SEHA) from Nov 1963 to Apr 2025 about Dallas, primary, rent, urban, consumer, TX, CPI, inflation, price index, indexes, price, and USA.
Uptown Dallas was the most expensive market for office real estate rental in Dallas-Fort Worth, Texas in the second quarter of 2024. The direct asking rate for office space was approximately 48 U.S. dollars per square feet, compared to 20 U.S. dollars per square foot in East NE Fort Worth. Among the major office markets in Texas, Dallas had the most inventory, while Austin had the highest rental rates.
The average rent for warehouse distribution purposes in the Dallas-Fort Worth region experienced a significant rise between 2017 and 2024. By the first quarter of 2024, rents had doubled, reaching 8.86 U.S. dollars per square foot. In 2007, this figure amounted to 4.41 U.S. dollars per square foot. In the U.S., Dallas-Fort Worth is one of the markets with the most industrial and logistics real estate inventory.
After peaking in 2023, the average rent for industrial real estate for manufacturing use in Dallas Fort-Worth, Texas, declined. In the first quarter of 2024, the average rent was 7.39 U.S. dollars per square foot. Despite the decrease, this was notably higher than five years ago, when industrial rents started to soar.
In Texas, Austin was the most expensive market for office space in the second quarter of 2024. The rental rate of class A offices was nearly 52 U.S. dollars per square foot, compared to 26 U.S. dollars per square foot for El Paso. Dallas, which is the largest office real estate market in the state, had rental rates of about 30.3 U.S. dollars for all classes and 35.7 U.S. dollars for class A offices. In the United States, Manhattan, San Francisco, and Silicon Valley-South Bay fetch the highest office rental rates.
The Central Business District (CBD) was the most expensive market for office real estate rental in Houston, Texas in the second quarter of 2024. The average direct asking rental rate of office space was approximately 43 U.S. dollars per square feet, compared to 17.5 U.S. dollars per square feet in FM 1960. Among the major office markets in Texas, Dallas had the most inventory, while Austin had the highest rental rates.
The Central Business District (CBD) was the most expensive submarket for office real estate rental in Austin, Texas in the second quarter of 2024. The Class A office space rental rate was approximately 66.2 U.S. dollars per square feet, compared to 29.9 U.S. dollars per square foot in the South market. Among the major office markets in Texas, Dallas had the most inventory, while Austin had the highest rental rates.
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Graph and download economic data for All Employees: Financial Activities: Rental and Leasing Services in Dallas-Plano-Irving, TX (MD) (SMU48191245553200001SA) from Jan 1990 to Apr 2025 about leases, rent, services, employment, and USA.
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The median rent for one- and two-bedroom apartments in Dallas, Texas, amounted to 1,354 U.S. dollars by the end of 2023. Rents decreased slightly after the start of the coronavirus pandemic, but this trend quickly reversed, in April 2022, the annual rental growth reached its peak at around 18 percent. Among the different states in the U.S., Texas ranks as one of the mid-price range rental markets.