Dallas Area Residential Sales Report – Rentals

Dallas Area Residential Sales Report – Rentals

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Rentals just keep chugging along. Up 1% in September. Pending leases rose 5%. The average rental rate came in with a 2% increase and the median rental rate was up 3%. New listings climbed 8% and the number of active listings were 6% higher. Tenants have a little more to choose from.

Leases: 3,128

Average Rental Rate: $1,803

Median Rental Rate: 1,700

Pending Leases: 1,815

New Listings: 4,351

Active Listings: 6,293

If you are looking to rent a home, condo, or townhome, give me a call.

Marie Walton, CRS, GRi

972-816-5197

mariewalton@ebby.com

Information provided by The Real Estate Center

#forleasseDallas #forrent

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