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    Fraud alert

    Dallas-Fort Worth renters get burned most in apartment scams, survey says

    John Egan
    Jul 20, 2018 | 9:35 am
    burning money 100 hundred dollar bills
    Don't get burned by a deal that sounds too good to be true.
    Photo by Getty Images

    You’ve heard of road rage. Now, let’s introduce you to renter’s rage, which appears to be all too common in Dallas-Fort Worth. A new survey by apartment search website Apartment List shows renters in Dallas-Fort Worth are more likely to have lost money in rental scams than renters in any other large metro area.

    According to the survey, 10.9 percent of renters in Dallas-Fort Worth reported being financially duped in apartment scams, compared with 6.4 percent of renters in the U.S. No metro area had a higher percentage of scam victims than DFW did.

    “The high number of fraud victims in Dallas is likely driven by a large number of new movers to the area,” says Sydney Bennet, senior research associate at Apartment List. “Renters who are unfamiliar with a local market or attempting to rent sight unseen are more likely to get caught in a scam.”

    Two other Texas metro areas — Houston and San Antonio — were included in the survey. In Houston, 4.7 percent of renters said they’d lost money in apartment scams. In San Antonio, that figure was 2.2 percent.

    In all, the nationwide survey found 5.2 million renters had lost money in rental scams. Apartment List surveyed 1,126 renters across the U.S., as well as at least 50 renters in each of the 30 largest metro areas.

    Of the renters who lost money in rental scams, about one-third had kissed at least $1,000 goodbye, likely after paying rent or a security deposit for a fraudulent apartment, Apartment List says.

    “Rental fraud occurs when someone claiming to be a property manager or landlord — in certain cases the actual landlord — tries to rent a property that doesn’t exist, isn’t their rental, or is substantially different than advertised. Scammers try to collect an application fee, security deposit, or rent before the prospective tenant recognizes the scam,” according to Apartment List.

    Apartment List says these are among the most prevalent rental scams:

    • Bait-and-switch. A different apartment is advertised than the available unit, and the scammer tries to collect a deposit or get a lease signed for the illegitimate apartment.
    • Phantom rentals. A scam artist makes up listings for places that don’t exist or aren’t rentals, and then tries to lure renters with low prices.
    • Hijacked ads. A fake landlord posts advertisements for a real property with altered contact information. In this type of fraud, homes for sale often are relisted as rentals.
    • Missing amenities. A real apartment is listed as offering amenities (such as laundry facilities or heating and air-conditioning) that it lacks in order to collect higher rent. Apartment List compares this to “catfishing” in the world of online dating.

    The Better Business Bureau says the apartment industry is one of the top industries in the country for consumer complaints. What follows are some of the bureau’s tips for avoiding rental scams.

    Review the lease before signing it.

    “It pays to be thorough when you’re reading a lease. Put a mark next to anything that you have questions about. If there’s something you wish to change in your lease agreement, it never hurts to ask,” the bureau advises.

    Be careful on Craigslist.

    Some Craigslist ads might ask a potential renter to wire money in order to secure the rental. Never wire money or forward funds to someone you don’t know, and never agree to rent an apartment without visiting it.

    Watch out for deals that sound too good to be true.

    Some scammers will visit rental websites, copy a rental listing, and repost it to Craigslist with a much lower rental rate. Always be suspicious of an ad that seems to promise more than it can deliver.

    rent
    news/city-life

    Money news

    Dallas ranks as No. 1 city with smallest inflation problem in U.S.

    Amber Heckler
    Jun 16, 2025 | 11:43 am
    Dallas skyline
    Photo by Erin Hervey on Unsplash
    Dallas' inflation has cooled off after it was last saddled with the highest inflation rate nationally in January 2024.

    Inflation has been one of the biggest hot-button issues in the country in 2025, but a new study says inflation not impacting Dallas nearly as much as it is other U.S. cities.

    Dallas-Fort Worth-Arlington ranked as the metro with the smallest inflation problem in the U.S. in WalletHub's new report, "Changes in Inflation by City."

    The report analyzed the impact of inflation across 23 major metropolitan statistical areas (MSAs) using Consumer Price Index data from the latest month available and compared to data from two months prior. The analysis also factored in inflation data from last year to better track both short- and long-term inflation changes.

    Dallas saw only a 0.10 percent increase in its local inflation rate when compared to two months prior, and the rate is only 0.60 percent higher than it was this time last year.

    Dallas residents may be feeling the sting a lot less than they did in January 2024, when WalletHub said the city had the No. 1 highest inflation rate in the U.S. In April 2023, Dallas-Fort Worth had the 10th highest inflation rate nationwide.

    The study found Boston-Cambridge-Newton, Massachusetts-New Hampshire is the MSA that is currently being rattled by the highest inflation rate in the nation. The northeastern metro saw a 1.10 percent uptick in inflation when compared to two months ago, and it's 3 percent higher than it was a year ago.

    Inflation has continued to fluctuate throughout the year in different areas, but WalletHub said the national inflation rate has significantly lowered since it last hit a 40-year high during the COVID-19 pandemic.

    "The year-over-year inflation rate sits at 2.4 percent as of May 2025, which is still above the target rate of 2 percent," the report said. "Various factors, such as the war in Ukraine, labor shortages and recent tariffs, drive this higher than average inflation. Despite the country not meeting its target yet, the Federal Reserve will keep interest rates at the level set in December 2024."

    Elsewhere in Texas, Houston-The Woodlands-Sugar Land experienced the 13th highest inflation rate in the U.S., the report found. Inflation in the region increased 0.90 percent over the last two months, and it is currently 1.2 percent higher than it was one year ago.

    The top 10 metros where inflation has risen the most are:

    • No. 1 – Boston-Cambridge-Newton, Massachusetts-New Hampshire
    • No. 2 – St. Louis, Missouri-Illinois
    • No. 3 – Baltimore-Columbia-Townson, Maryland
    • No. 4 – San Diego-Carlsbad, California
    • No. 5 – Denver-Aurora-Lakewood, Colorado
    • No. 6 – Urban Honolulu, Hawaii
    • No. 7 – Los Angeles-Long Beach-Anaheim, California
    • No. 8 – Chicago-Naperville-Elgin, Illinois-Indiana-Wisconsin
    • No. 9 – Riverside-San Bernardino-Ontario, California
    • No. 10 – New York-Newark-Jersey City, New York-New Jersey-Pennsylvania
    arlingtondallaseconomyfort worthinflationreportwallethub
    news/city-life

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