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Rent Inflation in Dallas, TX

The average asking rent in Dallas, TX is $1,645/month as of 2026-03. That is -0.1% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) · zillow.com/research

Current Avg Rent

$1,645/mo

as of 2026-03

Year-over-Year Change

-0.1%

24-Month Rent Trend

Monthly ZORI index values for Dallas, TX.

Month Avg Asking Rent Change from Prior Month
2026-03 $1,645 +0.49%
2026-02 $1,637 +0.18%
2026-01 $1,634 -0.12%
2025-12 $1,636 -0.37%
2025-11 $1,642 -0.36%
2025-10 $1,648 -0.42%
2025-09 $1,655 -0.30%
2025-08 $1,660 -0.18%
2025-07 $1,663 -0.12%
2025-06 $1,665 +0.12%
2025-05 $1,663 +0.36%
2025-04 $1,657 +0.67%
2025-03 $1,646 +0.67%
2025-02 $1,635 +0.31%
2025-01 $1,630 -0.12%
2024-12 $1,632 -0.43%
2024-11 $1,639 -0.55%
2024-10 $1,648 -0.42%
2024-09 $1,655 -0.36%
2024-08 $1,661 +0.06%
2024-07 $1,660 +0.18%
2024-06 $1,657 +0.42%
2024-05 $1,650 +0.36%
2024-04 $1,644

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data: Zillow Research ZORI · Updated monthly · Price Inflation Report