Apartments for Rent in Deep Ellum, Dallas, TX

Deep Ellum, Dallas apartment availability

Deep Ellum's rental market offers a strong selection of listings, with an average of 156 rentals available each month in 2024. The majority of rentals are 1-bedroom apartments, followed by studios and 2-bedroom apartments. A notable feature of Deep Ellum rentals is their pet-friendliness, with nearly 70% of apartments allowing dogs, small pets, or having pet-friendly restrictions. This makes the neighborhood an attractive option for renters with pets. With its vibrant arts and culture scene, Deep Ellum is a popular choice for those looking for a lively and eclectic community.

Deep Ellum, Dallas rental market trends

Deep Ellum's rental market saw a moderate increase of about 4% last year, with the average monthly rent reaching $2,159. 1-bedrooms average around $2,093 per month, reflecting a 3.8% annual increase. The average rent for a 2-bedroom is about $2,618, while studios average around $1,667.

Spring is when demand and prices in Deep Ellum tend to peak, with April typically seeing the highest rent, about 8.6% higher than October, the month with the lowest rent. If you're searching for a new apartment, October may be a good time to find a relatively affordable option. On the other hand, if you're looking to rent in the spring, be prepared for higher prices and potentially more competition. Notably, the rent for 2-bedrooms and 3-bedrooms has decreased year-over-year, which may be worth considering for those in the market for a larger space.

Why Deep Ellum, Dallas is a great place to live

We've analyzed data from the last few years to understand what makes Deep Ellum an attractive neighborhood for renters. It's clear that this area excels in supporting active social lives and fitness enthusiasts.

The neighborhood's high walk score, abundance of restaurants, frequent transit options, and safe streets make it an ideal spot for those who value a vibrant social life. Additionally, the presence of onsite gym equipment, health and wellness events, and nearby fitness centers cater to individuals prioritizing fitness and wellness. With nearby grocery stores and health clinics, residents can easily maintain a healthy lifestyle. If you're looking for a neighborhood that supports your social and fitness goals, Deep Ellum is worth considering.