Renting and Leasing

If you’re relocating to the Dallas-Fort Worth area, you may not be ready to purchase another home. In that case, renting or leasing may be the perfect solution. In the area, you’ll find an abundant supply sure to match your preferences. Whether you’re looking for an apartment, a townhome, a mid-rise, a high-rise, condo or a single-family home, rental rates in the Dallas-Fort Worth area are very affordable. In Dallas and in Fort Worth, you can expect to pay approximately $700 to $1,200 for a two-bedroom, two-bath apartment, depending on the location. This reflects a slight decrease from 2008 rates, so now is a great time to start looking.

While purchasing a home offers many distinct advantages, especially here in the Dallas and Fort Worth region, it’s not always the right solution. The Texas Apartment Association (taa.org) offers these considerations when determining if you should rent or own.

Cost – Buying a home usually requires a substantial investment of cash for a down payment, closing costs and points paid to lenders. You may also need to buy appliances, additional furniture, window coverings and other items.

Additional Costs – With a home, you may possibly have... more »

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Renting and Leasing