Your monthly guide to rental conditions in Dallas-Fort Worth. This is our June 2026 report, covering May 2026 rental data: what rents looked like last month, what's driving the market, and what it means if you own a rental home.
Dallas-Fort Worth Rental Market Snapshot — May 2026
Here's where Dallas-Fort Worth rents stand as of May 2026, across all property types — apartments, condos, townhomes, and single-family homes.
Dallas-Fort Worth median rent sits at $1,784 in May 2026, down 4.66% from a year ago, as a surge of new supply outpaces even the 34,900 net jobs the metro added over the past year. Landlords are still leasing in 26 days on average, so demand hasn't collapsed, but concessions are doing the heavy lifting and rents are likely to stay under pressure through mid-2026.
| Metric | Value | Change |
|---|---|---|
| Median Rent (All Types, Dallas-Fort Worth) | $1,784 | -0.1% MoM |
| Avg. Days on Market | 26 days | — |
| Rent Growth YoY | -4.7% | — |
Source: Doorstead market data, aggregated from public records and online rental listings, all rental property types, May 2026.
What's Driving Dallas-Fort Worth Rental Market Conditions Right Now
Dallas-Fort Worth Rental Supply and New Construction
The supply wave that pushed rents down is already cresting. Dallas-Fort Worth had roughly 42,700 multifamily units under construction entering 2026, but active construction has pulled back to about 30,200 units, new starts are down 30% year-over-year, and new deliveries are expected to fall roughly 62% next year. BTR is still active (DFW ranks #2 nationally, with around 8,470 new single-family rentals expected in 2025 and projects like the 1,785-unit Westside Village in Fort Worth breaking ground in early 2026), but the overall pipeline is thinning fast.
Why People Rent in Dallas-Fort Worth
Dallas-Fort Worth keeps pulling people in: the metro added 34,900 net jobs in the 12 months ending September 2025, outpacing both Texas and national job growth rates of 0.8%. Corporate corridors like Plano's Legacy West, Richardson's Telecom Corridor, and Las Colinas (now connected to DFW Airport via DART's Orange Line) keep attracting relocating employees who need a place to land, while elevated home prices and a 6.53% mortgage rate push many of them to rent longer than they planned. With 40.1% of Dallas-Fort Worth households renting and spring (April–June) being peak leasing season, qualified applications are moving through the market right now.
What This Means for Dallas-Fort Worth Landlords
Price your rental competitively today and resist sitting on a vacancy hoping for a higher offer: the median rent sits at $1,784, down 4.66% year-over-year, and Dallas currently leads most Texas metros in the share of properties offering free-rent concessions, so overpriced listings are getting skipped. The good news is that you're in the strongest leasing window of the year and the supply pipeline is contracting sharply, so landlords who fill vacancies this spring at market rate are better positioned than those who wait.
Dallas-Fort Worth Rent by City — May 2026
Allen leads Dallas-Fort Worth in leasing speed at just 9 days on market, with Lewisville and Plano close behind at 15 days, signaling that the northern Collin County corridor is absorbing rental inventory faster than anywhere else in the metro. Arlington sits at the opposite end of the table at 42 days, nearly five times slower than Allen, while Denton (37 days) and Garland (36 days) round out the softest end of the market. Most cities are leasing in under 30 days, but the gap between the northern suburbs and the southern and western edges of the metro is wide enough to matter when you're pricing and timing a new lease.
| City | Median Rent | 2BR Median | 3BR Median | Avg. DOM | MoM Change |
|---|---|---|---|---|---|
| Dallas, TX | $2,070 | $2,986 | $4,085 | 25 days | -0.2% |
| Fort Worth, TX | $1,440 | $1,739 | $2,157 | 25 days | -0.1% |
| Arlington, TX | $2,563 | $2,304 | $2,602 | 42 days | +0.0% |
| Plano, TX | $1,870 | $1,858 | $2,546 | 15 days | -0.0% |
| Irving, TX | $1,682 | $1,787 | $2,532 | 23 days | -0.0% |
| Garland, TX | $1,765 | $1,663 | $2,048 | 36 days | +0.1% |
| Grand Prairie, TX | $1,516 | $1,512 | $2,086 | 28 days | -0.1% |
| Frisco, TX | $2,081 | $1,987 | $2,679 | 22 days | -0.5% |
| McKinney, TX | $2,042 | $1,762 | $2,448 | 30 days | -0.1% |
| Mesquite, TX | $1,848 | $1,425 | $2,030 | 32 days | -0.1% |
| Denton, TX | $1,252 | $1,368 | $1,922 | 37 days | -0.1% |
| Carrollton, TX | $1,719 | $1,639 | $2,415 | 22 days | +0.2% |
| Richardson, TX | $1,663 | $1,763 | $2,431 | 24 days | +0.4% |
| Lewisville, TX | $1,555 | $1,604 | $2,295 | 15 days | -1.1% |
| Allen, TX | $1,698 | $1,895 | $2,800 | 9 days | +0.4% |
| Source: Doorstead market data, aggregated from public records and online rental listings, all property types, May 2026. Median Rent is across all property types. |
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Dallas, TX: The urban core draws young professionals and renters priced out of homeownership, with Uptown, Deep Ellum, and Knox-Henderson anchoring demand across the city's walkable neighborhoods. At $2,070 median rent and 25 days to lease, Dallas is holding closer to the metro norm than most DFW cities, with rents up 3.5% year-over-year, a notably different story than the broader metro's 5.77% annual decline.
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Fort Worth, TX: West 7th and Near Southside/Magnolia Avenue pull in young professionals at some of the most accessible price points in the metro. At $1,440 median rent and 25 days to lease, Fort Worth moves homes at a steady pace, though rents are down 2.3% year-over-year, keeping it in line with the broader softening driven by new supply across DFW.
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Arlington, TX: At $2,563 median rent, Arlington sits as the priciest city in this table, yet at 42 days to lease it is moving significantly slower than the DFW pace, and rents are off 1.9% year-over-year. Landlords should price carefully: high asking rents paired with slow absorption is a signal to expect longer vacancies or concessions.
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Plano, TX: Corporate relocators have long gravitated here for proximity to Legacy West and its concentration of major employers, giving this market a built-in renter pipeline. Despite that demand, rents are down 10.1% year-over-year to a $1,870 median, one of the steeper annual drops in this table, though homes still lease in just 15 days, showing that well-priced listings move quickly even as overall rent levels reset.
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Irving, TX: Home to the Las Colinas corridor and served by the DART Orange Line to DFW Airport, Irving is a natural landing zone for corporate and airport-adjacent renters. Rents sit at $1,682 median and are down 5.2% year-over-year, roughly in line with the metro-wide correction, while a 23-day average DOM suggests demand remains active at current price levels.
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Garland, TX: At $1,765 median rent and 36 days to lease, Garland is slower to absorb than most of the cities in this table. Month-over-month rent ticked up 0.1%, which is roughly flat, and the 1.2% annual decline is one of the milder year-over-year drops here, so the market is softening slowly rather than correcting sharply.
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Grand Prairie, TX: At $1,516 median rent and 28 days to lease, Grand Prairie is moving near the metro average for leasing speed. Rents are essentially unchanged month-over-month and down just 0.1% year-over-year, making it one of the most stable cities in this table during a period when many DFW submarkets are seeing meaningful annual declines.
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Frisco, TX: Frisco ISD's strong reputation draws families steadily, and the city's northern expansion near the $5 billion Fields development has been a source of significant new inventory. That supply is weighing on rents, which are down 6.1% year-over-year to a $2,081 median, though a 22-day DOM shows well-priced homes still lease fast, and the monthly dip of 0.5% is worth watching as a leading indicator heading into summer.
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McKinney, TX: At $2,042 median rent and 30 days to lease, McKinney sits in the mid-range for both price and absorption speed among the cities in this table. Rents are down 4.3% year-over-year, and the 0.1% monthly dip is roughly flat, pointing to a market that is gradually resetting rather than experiencing a sharp correction.
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Mesquite, TX: At $1,848 median rent, Mesquite is priced above several larger DFW cities in this table, yet it carries a 32-day DOM and a 11.2% year-over-year rent decline, the sharpest annual drop in this group. That combination of slower leasing and steep annual softening suggests landlords here face the most pricing pressure of any city listed.
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Denton, TX: At $1,252 median rent, Denton is the most affordable city in this table by a wide margin. Rents are down 5.3% year-over-year and the 37-day DOM is on the slower end of the group, reflecting a market where supply is outpacing demand and landlords need to keep asking rents competitive to avoid extended vacancies.
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Carrollton, TX: Now connected to DFW Airport via the DART Silver Line that opened in October 2025, Carrollton gains a meaningful commute advantage that could support renter demand over time. At $1,719 median rent and 22 days to lease, it is absorbing quickly, and the 0.2% monthly uptick, while roughly flat, stands out as a positive signal against the metro's broader downward trend, even as the 6.0% annual decline reflects the wider supply-driven reset.
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Richardson, TX: The Telecom Corridor makes Richardson a go-to for tech and corporate renters, and the DART Silver Line now adds a direct connection to DFW Airport. At $1,663 median rent and 24 days to lease, homes here are moving at a solid pace, and the 0.4% monthly rent increase is one of the stronger month-over-month readings in this table, though the 12.0% year-over-year decline is the largest annual drop across all cities listed, showing how much rents corrected from last year's peak.
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Lewisville, TX: At $1,555 median rent and just 15 days to lease, Lewisville ties Plano for the fastest absorption in this table. The 1.1% monthly decline is the largest month-over-month drop among these cities, however, so landlords should watch whether that speed advantage holds if asking rents continue slipping into summer.
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Allen, TX: Allen ISD's A+ rating makes this a top draw for families with school-age children, and that demand shows up clearly in the data. At $1,698 median rent and just 9 days to lease, Allen is the fastest-moving market in this entire table, with the 0.4% monthly rent gain adding to the case that well
Dallas-Fort Worth Rent by Bedroom Count and Property Type — May 2026
Rent by Bedroom Count in Dallas-Fort Worth
The median rent for a 3-bedroom home in Dallas-Fort Worth sits at $2,472. Rents across all bedroom counts span from $1,221 for studios up to $2,915 for 4-bedrooms, a $1,694 gap that reflects how sharply price scales with space. The steepest single step-up comes between 2-bedrooms ($1,820) and 3-bedrooms ($2,472), a $652 jump that suggests stronger demand pressure on family-sized homes and a meaningful rent premium for landlords who own them.
| Bedroom Count in Dallas-Fort Worth | Median Rent (May 2026) |
|---|---|
| Studio | $1,221 |
| 1-Bedroom | $1,345 |
| 2-Bedroom | $1,820 |
| 3-Bedroom | $2,472 |
| 4-Bedroom | $2,915 |
| Source: Doorstead market data, aggregated from public records and online rental listings across all property types, Dallas-Fort Worth, May 2026. |
Rent by Property Type in Dallas-Fort Worth
Single-family homes lead the Dallas-Fort Worth rental market at a $2,775 median rent, $991 (55.5%) above the blended metro median of $1,784. Townhouses are the next closest at $2,526, while condos and apartments both sit roughly 10% below the blended median. On time-to-lease, apartments and the blended market move at a similar pace (29 vs. 26 days), but single-family homes take 39 days and condos stretch to 89 days before signing. For landlords, that spread means single-family owners capture significantly more rent but should budget for a longer leasing runway than the metro average suggests.
| Property Type in Dallas-Fort Worth | Median Rent | Avg. Days on Market | MoM Change |
|---|---|---|---|
| All Property Types (Blended) | $1,784 | 26 days | -0.1% |
| Single Family | $2,775 | 39 days | +0.1% |
| Condo | $1,587 | 89 days | -0.2% |
| Townhouse | $2,526 | 57 days | -0.0% |
| Apartment | $1,611 | 29 days | -0.1% |
| Source: Doorstead market data, aggregated from public records and online rental listings, Dallas-Fort Worth, May 2026. |
Data Sources & Methodology
- Rental market data: Median rents, days on market, listing counts, and rent change figures. Sourced from county public records, deed and tax assessor data, and rental listings on publicly accessible platforms.
- Doorstead Platform Data: Internal leasing outcomes from Doorstead-managed rental homes across all property types, including days to lease. Trailing 12 months.
Data refreshed monthly. Doorstead benchmarks reflect managed properties only and may not be representative of the broader Dallas-Fort Worth rental market.