Dallas Area Residential Sales Report – Rentals
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.
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
Information provided by The Real Estate Center