Irving's Las Colinas corridor — home to 54 Fortune 500 companies and anchored by major employers like Citigroup — draws a renter base of finance professionals, corporate relocatees, and DFW Airport commuters who want proximity to both Dallas and Fort Worth without committing to either city. This report breaks down where Irving rents stand in March 2026, what's moving the market, and what it means for your bottom line as a rental property owner here.
1. Irving Rental Market Snapshot — March 2026
Here's where Irving rents stand as of March 2026, across all property types — apartments, condos, townhomes, and single-family homes.
Irving's median rent sits at $1,723 in March 2026 — down 9.63% year-over-year but essentially flat month-over-month at +0.13% — with homes leasing in 28 days, a sign that demand remains steady even as landlords are working with a lower rent ceiling than a year ago.
| Metric | Value | Change |
|---|---|---|
| Median Rent (All Types) | $1,723 | +0.1% MoM |
| Avg. Days on Market | 28 days | — |
| Rent Growth YoY | -9.6% | — |
Source: RentCast API, all rental property types, March 2026.
2. Irving Rent by Bedroom Size — March 2026
Three-bedroom single-family rentals average $2,633 in Irving right now — the sweet spot for the families and corporate relocatees who make up a big share of the city's renter pool. Move up to a 4-bedroom and you're looking at $3,392, a $759 jump that reflects how much Irving renters will stretch for extra space, especially with Irving ISD schools and nearby private options in the picture. Two-bedroom SFRs come in at $1,809, making them a more affordable entry point but a notably smaller share of the family-driven demand that defines this market.
| Bedrooms | SFR Median Rent |
|---|---|
| 2-Bedroom | $1,809 |
| 3-Bedroom | $2,633 |
| 4-Bedroom | $3,392 |
Source: RentCast API, single-family properties, March 2026.
What's Driving Rental Conditions in Irving
Irving Rental Supply & New Construction
Irving's rental supply is growing on multiple fronts. Active listings stand at 100+ with an 11.2% increase in homes for sale, and large apartment complexes remain the dominant housing type citywide. Texas SB 840, which took effect September 1, 2025, added serious long-term fuel to that pipeline by letting developers build apartments and mixed-use projects on commercially zoned land without rezoning — but higher interest rates are slowing ground-up starts across Dallas-Fort Worth (DFW), so many owners are channeling capital into renovations instead, which means new unit deliveries will likely lag behind what the loosened zoning rules theoretically allow.
Why People Rent in Irving
Irving punches well above its weight as a corporate address, and that drives consistent rental demand from high-income tenants. The city hosts roughly 10,000 businesses including 54 Fortune 500 companies, with financial services as the largest private-sector employer — Citigroup alone employs more than 6,000 people locally. Irving also sits at the geographic center of the DFW metro, minutes from DFW International Airport, and the DART Orange Line gives car-free commuters direct access to downtown Dallas — a combination of employment density and transit connectivity that few suburban cities in the region can match.
Irving Rental Market Outlook
Irving's rental market is soft right now, but there are early signs the slide is stabilizing. The blended median rent sits at $1,723, down 9.63% year-over-year — a meaningful correction — but the month-over-month figure has nudged back to +0.13%, suggesting the floor may be close. Landlords should resist the urge to hold firm on price: at 28 average days on market, the market still favors a well-priced listing over a vacant one, and with more supply coming through the SB 840 pipeline, getting a strong tenant locked in now beats chasing rents down later.
3. How Irving Compares to Plano and Frisco
Irving's blended median rent of $1,723 runs 8.7% below Plano ($1,886) and 13.3% below Frisco ($1,986), making it the most affordable of the three submarkets despite its dense corporate employment base. On 3-bedroom SFRs, however, Irving flips the script — at $2,633, it actually prices above both Plano ($2,493) and Frisco ($2,605), likely because Las Colinas's Fortune 500 employer concentration and DART Orange Line access make larger homes attractive to higher-earning tenants who would otherwise look north. Irving's 28-day DOM trails Plano's 22-day pace, so landlords here should price sharply at the start rather than testing the market high and cutting later.
| City | Median Rent (All Types) | 3BR SFR Rent | Avg. Days on Market |
|---|---|---|---|
| Irving | $1,723 | $2,633 | 28 days |
| Plano | $1,886 | $2,493 | 22 days |
| Frisco | $1,986 | $2,605 | 27 days |
Source: RentCast API, March 2026.
4. Irving Single-Family Rental — What Landlords Need to Know
Single-Family Rentals in Irving
How Irving Single-Family Rents Compare to Apartments
The blended median rent in Irving sits at $1,723 — and SFRs match that exactly, which tells you something important: single-family homes make up enough of Irving's rental stock that they're essentially setting the market average. The more revealing comparison is at the three-bedroom level, where both the blended and SFR medians land at $2,633 — roughly $1,138 above the average apartment rent of $1,495, according to current market data. Apartments have softened slightly (down about 0.98% year-over-year), but SFR demand has held steady, and at 28 days on market, well-priced single-family homes are moving at a competitive pace.
Where Single-Family Demand Concentrates in Irving
Las Colinas is the clear demand center for Irving SFR renters — the mix of lakefront amenity (Lake Carolyn), walkable entertainment at Toyota Music Factory, and proximity to the Irving Convention Center Urban Center draws corporate relocations and DART Orange Line commuters in equal measure. The city council's February 2026 vote to cancel the DART withdrawal election — locking in the Orange Line connection to downtown Dallas and DFW Airport — removes a real uncertainty that had been hanging over the Las Colinas rental market. Beyond Las Colinas, citywide demand is anchored by Irving's role as a corporate hub: with roughly 10,000 businesses and 54 Fortune 500 companies headquartered here, including Citigroup's 6,000-plus-employee Irving operation, the tenant pool skews toward stable, financially vetted professionals served by Irving Independent School District.
How to Price Your Irving Rental Home Right Now
For a three-bedroom single-family home in Irving, the sweet spot right now is $2,500–$2,766 — that's ±5% of the $2,633 SFR median — and that's where you want to be if your goal is a qualified tenant within 28 days. The market ceiling for a 3BR is $2,900; push past that and you're not competing with similar SFRs anymore, you're competing with new-construction apartments and luxury units in the Las Colinas Urban Center that come with resort amenities. With apartments down nearly 1% year-over-year and 100+ active SFR listings on the market, tenants have options — so the landlords winning right now are the ones pricing sharply at or just below median on day one, not testing the ceiling and dropping later. If you own a four-bedroom, the median clears $3,392, which reflects genuine demand from corporate relocation families and dual-income households near the Fortune 500 corridor; that's a real price point, not an aspirational one.
Data Sources & Methodology
- RentCast API: Rental market data (median rents, days on market, listing counts, rent change). Queried monthly by zip code across Irving and adjacent submarkets.
- Doorstead Platform Data: Internal leasing outcomes from Doorstead-managed single-family homes — days to lease, pricing tier benchmarks. Irving, TX, trailing 12 months.