How Is the Dallas Rental Market Doing in 2026? June Data & Landlord Insights

Your monthly guide to rental conditions in Dallas-Fort Worth. This is our July 2026 report, covering June 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 — June 2026

Here's where Dallas-Fort Worth rents stand as of June 2026, across all property types — apartments, condos, townhomes, and single-family homes.

Dallas-Fort Worth median rent sits at $1,782 in June 2026, down 5.41% year-over-year as new apartment supply has outpaced even robust renter demand, though month-over-month movement has nearly flatlined at -0.17%, a sign the market is stabilizing. Homes are leasing in 24 days, and with 2026 deliveries projected to hit their lowest level since 2022, the worst of the pressure on rents may be behind us.

Source: Doorstead market data, aggregated from public records and online rental listings, all rental property types, June 2026.

What's Driving Dallas-Fort Worth Rental Market Conditions Right Now

Dallas-Fort Worth Rental Supply and New Construction

Dallas-Fort Worth built more housing than any other metro in the country in 2024, with 71,788 new units permitted across single-family homes, apartments, condos, and townhomes. That wave is still washing through the market: roughly 30,200 multifamily units remain under construction as of mid-2026, down from 42,700 at the start of the year, and new starts have dropped sharply. Big projects like the $1.7 billion Westside Village in Fort Worth (1,785 apartments) are still moving forward, but the pipeline is thinning fast, and 2026 deliveries are on track to be the lowest since 2022.

Why People Rent in Dallas-Fort Worth

Renter demand in Dallas-Fort Worth stays steady because the job market keeps pulling people here, about 50,000 new jobs are forecast for 2026, a 1.2% increase, and DFW ranked 8th nationally for tech talent in CBRE's 2025 report. Gen Z is a big part of that story: they're moving to Texas in large numbers and are projected to make up one-third of the U.S. workforce by 2030, and neighborhoods like Uptown Dallas and Deep Ellum (median rent around $1,298) are exactly where that cohort wants to land. At a 30-year mortgage rate of 6.49%, buying still pencils out poorly for most newcomers, so the metro's 40.1% renter share holds firm even as ownership costs stay elevated.

What This Means for Dallas-Fort Worth Landlords

Rents are down 5.4% year-over-year and sitting at a blended median of $1,782, so pricing aggressively to fill a vacancy now makes more sense than holding out for a number the market won't support. June is prime leasing season in DFW; families in Frisco, Lake Highlands, and the northern suburbs (Allen, McKinney, Richardson) are locking in homes before the school year starts, so well-priced rentals near top districts like Frisco ISD and Richardson ISD should move quickly at 24 average days on market. Watch the back half of 2026: with the supply pipeline contracting and vacancy projected to fall roughly 30 basis points by year-end, landlords who renew leases this fall may be negotiating from a stronger position than they are today.

Dallas-Fort Worth Rent by City — June 2026

Allen leads Dallas-Fort Worth in leasing speed at just 11 days on market, with Lewisville, Carrollton, and Plano all following close behind at 16–18 days, pointing to strong renter demand across the northern suburbs. At the other end of the table, Arlington sits at 37 days, followed by Garland at 33 and Mesquite at 31, reflecting softer conditions where renters have more choices and landlords face longer vacancy stretches. Most cities across the metro are leasing within three weeks, but the 26-day spread between Allen and Arlington shows just how much leasing pace can vary depending on where your property sits.

• Dallas, TX: Uptown and Deep Ellum draw young professionals and creatives who want walkability, nightlife, and DART access close to downtown. At $2,079 median rent and 21 days on market, Dallas is leasing at a competitive clip, and the -0.1% MoM dip is negligible, though the +0.4% YoY gain makes it one of the few cities in the metro holding above last year's levels.

• Fort Worth, TX: At $1,431 median rent and 24 days on market, Fort Worth sits among the more affordable options in the metro, but the -4.2% YoY decline signals meaningful softening over the past year. Month-over-month rent is flat, so the slide has paused for now, but owners here are still recovering ground lost since mid-2025.

• Arlington, TX: Arlington's $2,483 median rent is one of the highest figures in the metro, yet homes are sitting 37 days on average, well above the DFW norm. That combination of a premium price point and slower absorption suggests buyers are price-sensitive, and the -2.5% YoY drop indicates rent correction is already underway.

• Plano, TX: Plano adopted new development standards in response to Texas SB 840, a shift that could expand apartment supply and add competitive pressure for single-family landlords down the road. At $1,907 median rent and 18 days on market, leasing velocity is solid, but the -5.9% YoY decline means rents have given back meaningful ground over the past twelve months.

• Irving, TX: Irving's -13.2% YoY rent drop is one of the steepest in the metro, bringing the median to $1,652. Homes are leasing in 21 days, so demand is present, but pricing has had to fall sharply to keep pace with competing supply. Owners here should expect continued pressure until inventory thins out.

• Garland, TX: Garland's median rent of $1,782 has slipped -0.3% MoM and is essentially flat year-over-year at -0.5%, which puts it among the more stable markets in this report. At 33 days on market, though, leasing is running slower than most of the metro, so competitive pricing still matters to avoid extended vacancy.

• Grand Prairie, TX: Grand Prairie comes in at $1,555 median rent with a 29-day average time on market, both suggesting a mid-tier, moderately competitive submarket. The -0.2% MoM and -0.6% YoY figures are small enough to call roughly flat, meaning rents here have largely stabilized even as other parts of the metro absorb bigger corrections.

• Frisco, TX: Frisco ISD's reputation continues to pull families into the northern suburbs, keeping renter demand steady even as supply grows. At $2,069 median rent and 23 days on market, homes are leasing at a reasonable pace, but the -6.8% YoY decline shows that even high-demand school districts aren't immune to the broader DFW rent correction.

• McKinney, TX: Craig Ranch and other planned communities in McKinney are leasing new rentals well above initial estimates, with resort-style amenities and proximity to Frisco ISD schools justifying premium rents. At $2,022 median rent and 24 days on market, McKinney is moving at a healthy pace, and the +0.1% MoM tick is a small but welcome sign of stabilization against a -2.5% YoY backdrop.

• Mesquite, TX: Mesquite's -11.0% YoY rent decline is one of the sharper drops in the metro, pulling the median to $1,832. At 31 days on market, leasing is running on the slower side, and the -0.1% MoM move shows rents haven't fully bottomed yet. Owners here need to price aggressively to avoid extended vacancy.

• Denton, TX: Denton's -1.4% MoM drop is the largest single-month decline among all cities in this table, bringing the median rent to $1,202 and the YoY loss to -7.8%. At 30 days on market, homes are not leasing quickly either. This is one of the softer spots in the metro right now, and owners should be prepared to price below recent comps to stay competitive.

• Carrollton, TX: Carrollton stands out as one of the fastest-moving markets in this report, averaging just 17 days on market at a $1,749 median rent. The -0.4% MoM and -6.2% YoY declines show clear rent pressure, but the leasing speed suggests demand is absorbing available supply quickly enough to keep vacancy low.

• Richardson, TX: Richardson sits between downtown Dallas and Plano's business corridor, benefits from strong Richardson ISD schools, and is positioned to gain further once the DART Silver Line improves transit connectivity. Despite that long-term upside, the current data shows a -12.6% YoY decline to a $1,694 median, so owners should price with today's market in mind rather than tomorrow's potential.

• Lewisville, TX: Lewisville is moving inventory fast at just 16 days on market, second-quickest in this table, with a median rent of $1,550 that is flat month-over-month. The -3.4% YoY dip is moderate by DFW standards, and the brisk leasing pace suggests the market here has found a price level where supply and demand are reasonably balanced.

• Allen, TX: Allen tops this table in leasing speed at just 11 days on market, the fastest among all 15 cities, with a median rent of $1,721 and a +0.1% MoM nudge. Like Frisco and McKinney, Allen benefits from its northern suburb location and school district appeal, and the fast absorption suggests well-priced listings here face little competition for qualified renters despite the broader -4.4% YoY correction.

Dallas-Fort Worth Rent by Bedroom Count and Property Type — June 2026

Rent by Bedroom Count in Dallas-Fort Worth

Rents across Dallas-Fort Worth climb steadily from studios at $1,207 up to 4-bedrooms at $2,884, a spread of $1,677 across the full range. The steepest single jump happens between 2- and 3-bedrooms, where the median rises $651 (from $1,825 to $2,476), making that the biggest pricing step in the lineup. By contrast, the move from 1-bedroom to 2-bedroom costs renters $473 more per month, and the step from 3- to 4-bedroom adds only $408, the smallest gap between adjacent sizes. Owners pricing a 3- or 4-bedroom home are operating in the top tier of this range, where each additional bedroom delivers a smaller rent premium than the ones below it.

Rent by Property Type in Dallas-Fort Worth

Townhouses lead Dallas-Fort Worth on rent at $2,574 median, just ahead of single-family homes at $2,515, and both sit more than 40% above the $1,782 blended metro median. Apartments and condos fall below that blended figure, at $1,651 and $1,585 respectively, though apartments clear their inventory far faster at 24 days on market versus 76 days for condos. That 76-day condo DOM stands out sharply: it is more than double the single-family pace of 36 days and triple the apartment pace, suggesting condos are sitting despite their lower price point. If you own a townhouse or single-family rental, you are collecting a meaningful premium, but the condo market in particular is asking landlords to wait.

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 single-family homes — days to lease, pricing tier benchmarks. Plano, TX, trailing 12 months.