Rent hikes in Dallas-Fort Worth are easin’ for the season — but look out ahead - Dallas Business Journal

  • 📰 DallasBizNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

A report also found that suburbs of large metros have been experiencing notably faster rent growth than the cities they surround. From the start of the pandemic to present, Dallas rents are up by 25.3%, while its suburbs have seen rents rise by 28.4%.

, according to Apartment List. Month-over-month growth in Dallas ranked 33rd among the nation's 100 largest cities. The national median decrease in September was the first monthly decline since last December.

Median rents in the city of Dallas stand at $1,244 for a one-bedroom apartment and $1,487 for a two-bedroom. Throughout North Texas, Plano rents are the highest, at a median of $2,010 monthly for a two-bedroom apartment. The best bargains can be found in Fort Worth and Arlington, with a median rent of $1,350 and $1,340, respectively, for a two-bedroom padrents have grown by 8.3% in Austin, 7.8% in San Antonio, and 4.7% in Houston over the past year.

The movement to remote work has made proximity to the office less of a concern for housing choice, Rob Warnock, senior research associate at Apartment List, said in an email to the“Over the past two-and-a-half years, the rental market has been on a rollercoaster ride as the pandemic has shaken up the ways that we live and work,” Warnock said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 525. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This Dallas fan catches Aaron Judge's 62nd home run - Dallas Business JournalThe Dallas man was the lucky Rangers fan who caught Aaron Judge's 62nd home run of the season Tuesday night at Globe Life Field in Arlington.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Rental rates inch up in national office market, thanks to flight-to-quality trend - Dallas Business JournalDespite elevated vacancy and sublease activity, at least one metric of the U.S. office market seems to be holding steady: rental rates.
Source: DallasBizNews - 🏆 525. / 51 Read more »