Irving is where corporate relocators, airport commuters, and Las Colinas professionals all land — a city anchored by Fortune 500 headquarters, a light rail line, and one of the most strategically located zip codes in the Dallas-Fort Worth metroplex. This report breaks down what Irving landlords are actually seeing in May 2026: current rents by bedroom size, how the market has shifted over the past year, and where Irving stands relative to Dallas and Fort Worth.
1. Irving Rental Market Snapshot — May 2026
Here's where Irving rents stand as of May 2026, across all property types — apartments, condos, townhomes, and single-family homes.
Irving's median rent sits at $1,713 in May 2026, down 0.97% from last month and 10.5% from a year ago, with homes moving in 26 days on average. The market is active but clearly favoring renters on price right now.
| Metric | Value | Change |
|---|---|---|
| Median Rent (All Types) | $1,713 | -1.0% MoM |
| Avg. Days on Market | 26 days | — |
| Rent Growth YoY | -10.5% | — |
Source: Doorstead market data, aggregated from public records and online rental listings,all rental property types, May 2026.
2. Irving Rent by Bedroom Size — May 2026
Three-bedroom single-family rentals in Irving average $2,474 this month, sitting well above the $1,781 median for two-bedrooms and well below the $3,450 commanded by four-bedroom homes. That $693 jump from two to three bedrooms reflects steady family-oriented demand, particularly in planned communities like Valley Ranch where larger floor plans are the norm. Landlords with four-bedroom inventory are operating in a thinner but higher-yield segment, where Las Colinas executives and relocating corporate households tend to concentrate.
| Bedrooms | SFR Median Rent |
|---|---|
| 2-Bedroom | $1,781 |
| 3-Bedroom | $2,474 |
| 4-Bedroom | $3,450 |
| Source: Doorstead market data, aggregated from public records and online rental listings, single-family properties, May 2026. |
What's Driving Rental Conditions in Irving
Irving Rental Supply & New Construction
Irving's rental supply is elevated right now, with 100+ active listings and a blended median rent of $1,713 — down 10.5% year-over-year, reflecting the wave of new multifamily inventory that has hit the Dallas-Fort Worth (DFW) market over the past couple of years. The near-term pipeline adds more: Morgan Group's Pearl Landing project at 1101 West Royal Lane will bring 403 apartments to North Irving when it completes in March 2029, backed by $68 million in development. Texas Senate Bill 840, effective September 2025, compounds the long-run supply picture by allowing multifamily and mixed-use development by right on commercially zoned land, which opens up a significant amount of Irving's office and retail parcels to residential conversion.
Why People Rent in Irving
Irving draws renters primarily because of where it sits and who employs there. Three Fortune 500 companies, McKesson, Kimberly-Clark, and Fluor, operate headquarters in the Las Colinas district, collectively employing roughly 7,500–8,500 people locally, and Irving's position at the geographic center of the DFW metroplex puts it within easy reach of job centers in both Dallas and Fort Worth. DFW International Airport is minutes away, and the city's freeway access makes it a natural landing spot for corporate transferees and remote workers who need to stay mobile, which keeps rental demand steadier here than in markets that depend on a single employer or industry.
Irving Rental Market Outlook
The Irving market is in a soft patch, but the floor appears to be close. The 10.5% year-over-year rent decline is sharp, yet the month-over-month drop has slowed to just 0.97%, and average days on market sit at 26 days, not a sign of a market in freefall. Across the broader DFW pipeline, multifamily completions in 2026 are forecast to run at nearly half of 2024's peak, and the metro-wide construction pipeline contracted roughly 16% year-over-year as of late 2025, so the supply pressure that drove rents down should ease by late 2026 into 2027. For Irving landlords right now: price to lease quickly, because sitting vacant costs more than a modest rent concession, but don't lock into long-term below-market rents, the demand side, backed by corporate employment and a recovering DFW job market, is positioned to strengthen as new deliveries slow.
3. How Irving Compares to Dallas and Fort Worth
Irving's blended median rent of $1,713 comes in 17.5% below Dallas ($2,077) and 20.7% above Fort Worth ($1,419), placing it squarely in the middle of the DFW (Dallas-Fort Worth) corridor on price. On three-bedroom SFRs specifically, Irving's $2,474 median is well below Dallas's $4,282 but noticeably above Fort Worth's $2,190, a gap explained in part by Irving's concentration of high-paying corporate employers: McKesson, Kimberly-Clark, and Fluor collectively employ 7,500–8,500 people in Las Colinas alone, supporting a professional renter base willing to pay above Fort Worth rates. At 26 days on market, Irving sits between Dallas (29 days) and Fort Worth (22 days), which tells landlords that well-priced Irving homes are moving at a healthy clip without the urgency pressure that Fort Worth's faster-moving market creates.
| City | Median Rent (All Types) | 3BR SFR Rent | Avg. Days on Market |
|---|---|---|---|
| Irving | $1,713 | $2,474 | 26 days |
| Dallas | $2,077 | $4,282 | 29 days |
| Fort Worth | $1,419 | $2,190 | 22 days |
Source: Doorstead market data, aggregated from public records and online rental listings, May 2026.
4. Irving Single-Family Rental — What Landlords Need to Know
How Irving Single-Family Rents Compare to Apartments
The blended median rent in Irving sits at $1,713, and single-family homes hit that same number — which tells you SFRs dominate the rental stock here, pulling the overall median right to their level. For a cleaner comparison, look at 3-bedroom units: the SFR median for a 3BR comes in at $2,474, roughly $500–$700 above what a comparable apartment typically commands in markets where apartments make up more of the mix. Single-family homes are moving at 26 days on market, in line with the broader Irving average, so demand is keeping pace with supply without much friction.
Where Single-Family Demand Concentrates in Irving
Las Colinas is the anchor of Irving's SFR demand, and it's easy to see why: three Fortune 500 headquarters, McKesson, Kimberly-Clark, and Fluor, collectively bring 7,500–8,500 employees to the district, and relocated executives and senior staff routinely skip apartment hunting in favor of houses near the canal walk and corporate campuses. Valley Ranch pulls a separate renter profile, families drawn to its planned layout and man-made canals who want suburban Irving without suburban sprawl. The Heritage District rounds out the picture for commuter-focused renters, with its DART rail connection making it a practical base for anyone splitting time between Irving, Dallas, and Fort Worth.
How to Price Your Irving Rental Home Right Now
For a 3-bedroom single-family home in Irving right now, your target window is $2,350–$2,600, which keeps you within 5% of the $2,474 median and positions you squarely where active demand lives. The market ceiling for 3BR SFRs is $2,700, and homes priced above that face a thinner renter pool and risk sitting while comparable listings close. With 100+ active listings on the market and a 26-day average absorption, Irving isn't so tight that you can name any price and fill a vacancy fast. Rents are also down 10.5% year-over-year, so renters have options and they know it. That said, the Las Colinas corporate corridor provides a steady pipeline of relocating professionals who need to move on a timeline and won't spend weeks haggling. The single best thing you can do right now is price at or just below the median on day one rather than testing the ceiling and cutting later. A clean listing at $2,450–$2,474 will outperform a $2,700 ask that lingers and accumulates days on market.
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. Irving, TX, trailing 12 months.