Dallas No-Fee Rental Market Report (2024)
Dallas renters can currently choose from 2,000 no-fee listings on NoFeeNest, offering significant savings by cutting out broker fees (typically one month’s rent). Here’s a detailed breakdown of the market based on real, by-owner pricing data:
Current Dallas No-Fee Rental Prices
- Long-term median rent: $1,225/month (typical range: $870–$1,553)
- Short-term median rent: $1,300/month
- 1,875 long-term listings have pricing data available.
Property Type Distribution
- Apartments: 1,437 listings (72% of total)
- Private rooms: 473 listings (24%)
- Sublets: 45 listings (2%)
- Vacation rentals: 45 listings (2%)
Neighborhoods with Listings
No-fee rentals are spread across Dallas and nearby areas, including:
- Irving
- West Plano
- Stephenville
- Dallas proper
- DFW Collin County area
- Hudson Oaks/Weatherford
- McKinney
Understanding the Median vs. Average
The median rent ($1,225) means half of long-term listings are priced below this point, and half are above. Unlike averages, medians aren’t skewed by a few ultra-high or low prices, giving a clearer picture of what’s typical. The $870–$1,553 range covers most non-outlier listings.
No-Fee vs. Broker-Fee Listings
No-fee rentals save renters ~$1,200–$1,500 upfront (equivalent to one month’s rent) compared to broker-fee listings. Since NoFeeNest aggregates direct-from-owner listings, these figures reflect real market pricing without middlemen markups. For example, a $1,225 no-fee apartment would cost ~$2,450 upfront (first month + broker fee) in a traditional lease.
Data sourced from NoFeeNest’s active Dallas listings. Figures are approximations based on current market conditions.