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    Pocketbook pain

    This desirable Dallas suburb led the way for sky-high rent hikes in 2021, says report

    John Egan
    Jan 6, 2022 | 9:10 am
    House and mortgage papers
    The higher the rent, the further out of reach a down payment can be.
    Photo by Krisanapong Detraphiphat/Getty

    A recent New York Times article suddenly shot Euless to superstardom as the best place to live in the U.S. But now it has another, more dubious claim to fame: It's the Dallas-Fort Worth city with biggest sticker shock for renters last year.

    An analysis by the Zumper website of rents in 14 DFW cities found the typical rent for a one-bedroom apartment in Euless jumped a whopping 25.3 percent from December 2020 to December 2021. That ranks as the steepest increase among the 14 cities. A one-bedroom apartment in Euless currently rents for $1,140 (which is low compared to some other local cities, like Frisco — keep reading).

    Irving and Lewisville weren’t far behind Euless for the year-over-year rise in rent for a one-bedroom apartment. In Irving, the typical rent went up 24 percent to $1,290. Lewisville saw the typical rent for a one-bedroom apartment climb 23.8 percent to $1,300.

    Only one of the 14 cities witnessed a single-digit rise in the rent for a one-bedroom apartment in December 2021 compared with December 2020. In Fort Worth, rent increased 6.7 percent to $1,120.

    By comparison, the rent for a one-bedroom apartment in Dallas climbed 14 percent from December 2020 to December 2021, landing at $1,380.

    Meanwhile, the Zumper analysis shows the region’s highest December 2021 rent for a one-bedroom apartment was in Frisco ($1,530, up 21.4 percent from December 2020). Next in line were Richardson ($1,460, up 15 percent) and Plano ($1,430, up 19.2 percent).

    At the other end of the scale, Arlington claims the cheapest rent for a one-bedroom apartment — $1,000, up 11.1 percent from a year earlier. Arlington is preceded by Denton ($1,050, up 10.5 percent) and Garland ($1,090, up 17.2 percent).

    The rise in DFW apartment rents reflects more demand than supply. From 2010 through 2020, North Texas has ranked first for apartment demand among U.S. metro areas, according to RealPage, a supplier of apartment data and analytics.

    A new report from ApartmentData.com shows the December apartment occupancy rate in DFW stood at 93.4 percent. That was the highest occupancy rate among the state’s four major metro areas.

    “In what has been a remarkable bounce-back year for the multifamily industry nationally, the Dallas-Fort Worth market has been the leader in both new supply and apartment demand,” ALN Apartment Data reported in October.

    rentreports
    news/real-estate

    Coworking News

    Dallas' Longhorn Ballroom unveils new renovated coworking studio space

    Teresa Gubbins
    Jun 12, 2025 | 2:07 pm
    Longhorn Ballroom
    Longhorn Ballroom
    Longhorn Ballroom

    Dallas' famed Longhorn Ballroom music venue has unveiled a newly renovated multi-use building — located across the courtyard from the Ballroom at 200 Corinth St. — that's open for creative types in the fields of entertainment, restaurant, and the arts.

    The Longhorn Ballroom was built in 1950 for country music legend Bob Wills and this Texas Playboys and was originally named Bob Wills’ Ranch House. It was managed for a time by Jack Ruby, then Dewey Groom who renamed it the Longhorn Ballroom and built it into one of the greatest venues of its day, hosting Willie Nelson, Loretta Lynn, Merle Haggard, Charley Pride, Pasty Cline, B.B. King, Ray Charles, Nat King Cole, James Brown, Al Green, Johnny Rodriguez, Freddy Fender and Selena.

    This newly renovated building was originally constructed in 1950 as part of the Ranch House, where it served as a motel for touring musicians and according to a release, is rumored to have sheltered Wills' horse "Punkin."

    Longhorn Ballroom coworking spaceYou could office here. Longhorn Ballroom coworking space.Longhorn Ballroom

    The two-story 26,000-square-foot building offers co-working spaces for entertainment professionals, attorneys, and managers. There are five 1-2 person offices available, along with a limited number of residential live-work studios for artists. There are also several small restaurant spaces available for "culinary creatives."

    The largest available area — a former recording studio — could be transformed into a space for audio, film, or post-production work.

    There is also a common area and kitchen, plus plentiful parking. Internet and utilities are included. Rates depend on space rented.

    "As an entertainment attorney, there’s no better place for my practice than the Oficina co-work space at the Longhorn," says Decker Sachse, a current tenant. "It’s a great location with easy access and my clients love the vibe."

    In the fall, the Longhorn will complete its third and final phase with the opening of a 6,500-capacity outdoor amphitheater along the banks of the original Trinity River. Called The Longhorn Backyard Amphitheater, it will host a series of soft opening shows this fall, starting with Randy Rogers on September 20. A grand opening with a full calendar of events will commence in the spring of 2026, providing the city with a state-of-the-art outdoor venue one mile south of downtown Dallas.

    concertsopenings
    news/real-estate

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