A report also found that suburbs of large metros have been experiencing notably faster rent growth than the cities they surround. From the start of the pandemic to present, Dallas rents are up by 25.3%, while its suburbs have seen rents rise by 28.4%.
, according to Apartment List. Month-over-month growth in Dallas ranked 33rd among the nation's 100 largest cities. The national median decrease in September was the first monthly decline since last December.
Median rents in the city of Dallas stand at $1,244 for a one-bedroom apartment and $1,487 for a two-bedroom. Throughout North Texas, Plano rents are the highest, at a median of $2,010 monthly for a two-bedroom apartment. The best bargains can be found in Fort Worth and Arlington, with a median rent of $1,350 and $1,340, respectively, for a two-bedroom padrents have grown by 8.3% in Austin, 7.8% in San Antonio, and 4.7% in Houston over the past year.
The movement to remote work has made proximity to the office less of a concern for housing choice, Rob Warnock, senior research associate at Apartment List, said in an email to the“Over the past two-and-a-half years, the rental market has been on a rollercoaster ride as the pandemic has shaken up the ways that we live and work,” Warnock said.
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