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    A Prime Candidate

    New survey shows how Amazon HQ2 could affect Dallas' housing market

    John Egan
    Feb 2, 2018 | 10:08 am
    Young couple buying their first house
    Dallas home prices are projected to increase if Amazon HQ2 arrives.
    iStock

    If Dallas scores Amazon’s $5 billion second headquarters, the city's housing market would not be affected nearly as greatly as it would be in other markets vying for the e-commerce giant’s so-called HQ2 project, a new report shows.

    A survey from Amherst Capital Management LLC, a real estate investment firm, forecasts demand for single-family homes in the Dallas metro area would inch up by just 4 percent if HQ2 comes to Dallas. By comparison, demand would jump by 13 percent if Amazon picks Austin.

    Dallas and Austin are the two Texas finalists among the 20 HQ2 bids being weighed by Amazon. In all, 238 North American communities submitted pitches to the Seattle-based company.

    “Amazon’s decision to locate HQ2 in one of several areas has the potential for a wide range of outcomes,” the Amherst report says. “For areas like New York and Dallas, HQ2 would be another large company located in the metro area bringing incremental strength to the regional economy.”

    Amherst Capital bases its projections on the assumption that the estimated 50,000 jobs that Amazon plans to create at HQ2 would be added over a five-year period. According to the Wall Street Journal, Amazon plans to build the $5 billion project over the course of 15 to 17 years.

    Among the 17 metro areas that made Amazon’s shortlist for HQ2 (though 20 were named, three bids are in the Washington, D.C. metro and two are in the New York City region), Dallas' predicted HQ2-related rise in housing demand sits at the bottom of the pack.

    Amherst Capital envisions the Pittsburgh area would see the biggest spike in housing demand as a result of HQ2 at 27 percent. Columbus, Ohio, and Raleigh, North Carolina, would experience bumps in demand of 20 percent each, the report says. Meanwhile, Nashville would be at 15 percent, with both Boston and Austin at 13 percent.

    The smallest HQ2-spurred increase, according to Amherst Capital, would be in New York City at just 3 percent. Because of this and other factors, Amherst Capital says that if HQ2 was built in New York City, the “relative effect” on the region would be smaller than if HQ2 wound up in a city like Austin or Raleigh.

    “For Pittsburgh, HQ2 may be able to change the fortune of the metro area and reverse its population decline,” the report says. “For fast-growing areas like Columbus and Raleigh, HQ2 would simply accelerate the growth of an already-high-growth metro area. Whether small or large, the area in which HQ2 eventually locates will be set for a housing market bump.”

    home-for-saletrends
    news/real-estate

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    rent report

    2 Dallas suburbs have the highest rents in DFW right now, report finds

    Amber Heckler
    Dec 3, 2025 | 5:11 pm
    SkyHouse Dallas apartments
    Photo courtesy of Simpson Property Group
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    After American shoppers spent $11.5 billion on Black Friday this year, it's safe to say many people are watching their wallets this holiday season, including renters. And a new report is shedding light on the North Texas cities that are shelling out the most for their rent.

    Zumper's newest monthly rent report, released December 2, analyzed active listings from the previous month across all cities in the Dallas-Fort Worth Metroplex. It tracked the most and least expensive rent prices for one- and two-bedroom apartments, and determines the cities with the fastest growing rents. Listings were aggregated by city to calculate median asking rents.

    Frisco and The Colony tied for having the highest rent prices in Dallas-Fort Worth in November. According to the study's findings, the median rent price for a single-bedroom apartment came out to $1,620 last month in both cities. In Frisco, that's $10 lower than what it cost for the same apartment in June.

    Frisco residents are expected to budget $3,491 for their holiday presents this year, WalletHub says, which means they might be watching their spending a lot more than other North Texas residents.

    For two-bedroom units, median rent prices in Frisco rose 3.3 percent from October to $2,200. A two-bedroom apartment in The Colony rose 0.9 percent month-over-month to $2,130.

    Grapevine's median rent prices were the third-priciest out of all cities in Dallas-Fort Worth. Zumper found that the median price for a one-bedroom apartment came out to $1,470, and two-bedroom units cost $1,840 in November.

    Dallas tied with Plano for the fourth-highest rents in the metro area, the report said. Single-bedroom units cost the same amount between both cities ($1,470) while two-bedroom units were more expensive in Dallas ($2,060) than in Plano ($2,030).

    For comparison, the price of one bedroom unit in Dallas was $30 cheaper in October, while two bedroom units cost $20 less than November's asking price. In September, asking rent for single-bedroom apartments added up to $1,480, while two bedroom units cost $2,100 per month.

    These are the median rent prices for one- and two-bedroom apartments across Dallas-Fort Worth:

    • Richardson – $1,420 for one-bedroom units; $1,750 for two-bedroom units
    • McKinney – $1,400 for one-bedroom units; $1,850 for two-bedroom units
    • Carrollton – $1,360 for one-bedroom units; $1,730 for two-bedroom units
    • Lewisville – $1,300 for one-bedroom units; $1,700 for two-bedroom units
    • Burleson – $1,250 for one-bedroom units; $1,620 for two-bedroom units
    • Weatherford – $1,240 for one-bedroom units; $1,370 for two-bedroom units
    • Irving – $1,220 for one-bedroom units; $1,650 for two-bedroom units
    • Fort Worth – $1,190 for one-bedroom units; $1,450 for two-bedroom units
    • Grand Prairie – $1,170 for one-bedroom units; $1,560 for two-bedroom units
    • North Richland Hills – $1,160 for one-bedroom units; $1,460 for two-bedroom units
    • Haltom City – $1,150 for one-bedroom units; $1,430 for two-bedroom units

    DFW cities with affordable rent compared to the statewide median
    Zumper found the statewide median rent for a one bedroom apartment came out to $1,126 last month.

    Cleburne had the most affordable rent for a one-bedroom unit in all of Dallas-Fort Worth, with median prices adding up to an even $1,000. The report also found that Cleburne's single-bedroom rent costs are 10.7 percent lower than they were a year ago. The median cost for a two-bedroom unit in Cleburne ($1,190) is 8.5 percent lower than it was in November 2024.

    Six more Dallas-Fort Worth cities had more affordable single-bedroom rent prices than the statewide median: Bedford ($1,110), Mesquite ($1,110), Hurst ($1,100), Denton ($1,090), Arlington ($1,080), and Benbrook ($1,020).

    dallasfort worthrentrent pricesreal estatehousing report
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