Neighborhood Hot Spot

Luxury apartment living in Dallas’ hottest neighborhood? Find it here.

There’s hardly a more vibrant, eclectic stretch in Dallas than Knox-Henderson. The area is home to unique shops and some of the city’s best restaurants, and it is only minutes from the popular exercise and social loop known as Katy Trail.

You know what else is on Knox-Henderson? Strata apartment community. These 311 premium one- and two-bedroom homes make it possible to live the luxurious life in one of Dallas’ hottest neighborhoods, putting the best that Big D has to offer practically at your doorstep.

Just because you have a gourmet kitchen with granite or quartz countertops, natural stone backsplash, and stainless steel Whirlpool Energy Star appliances doesn’t mean you’re always in the mood to cook at home. Critically lauded restaurant Gemma is just down the way, as are Jakes Hamburgers, Sushi Axiom, Pera Henderson, Capitol Pub, and Henderson Tap House.

Once you’re finished partying at The Skellig or fueling a sugar rush at the Tipsy Cupcake, it’s nice to know you’re coming back to 10-foot ceilings, hand-scraped hardwood floors, and large walk-in closets. Oh, those closets! So much space to store your treasures from Gypsy Wagon or Vintage Martini.

Pop in for a new ’do at Muse the Salon or Jekyll & Hyde, and you’re all set to sunbathe at Strata’s resort-style swimming pool with spacious tanning shelf. Or hang upstairs on the rooftop terrace, with its fire pit, wet bar, TVs, and unobstructed views of the sparkling Dallas skyline.

When you’re not jogging the Katy Trail, there’s a fully equipped fitness center for sweating it all out, and a personal putting green if you’re seeking a more concentrated workout. Prefer frolicking with Fido? The pet-friendly Strata has an onsite dog park where you and your four-legged friend can socialize.

Greenville Avenue is also nearby, further growing the neighborhood with hip eateries and popular rooftop bars. Just think what might be coming next, and how you could be living in the heart of it all at Strata.

Hurry: Select apartments are offering an Apple watch with a 12-month lease when you sign through July. See a leasing agent, pick up some cool hardware, and find your next home.

Strata is an oasis within a vibrant neighborhood.

Photo courtesy of Simpson Property Group

Strata is an oasis within a vibrant neighborhood.

rent promoted

renter report

This is how dramatically Dallas rent prices have dropped since last year

Photo by Malcolm Shadrach on Unsplash

Rent is falling in Texas as a whole, with Dallas among the top three cities with the biggest declines in August.

A new Zumper rent report has revealed that Texas is leading the nation in annual rent declines since 2025, and Dallas rent prices have fallen as much as 13 percent since last August.

Zumper's monthly report analyzes one- and two-bedroom rent prices from the previous month across 100 U.S. cities, and tracks one-month and year-over-year changes.

Austin, Houston, and Dallas, respectively, locked out the top three cities where one-bedroom rent prices have plummeted more than anywhere else in the country.

A one-bedroom apartment in Dallas had a $1,270 monthly rent price in August, down 13 percent since this time last year. Two-bedroom units were 13.4 percent cheaper than they were a year ago and now sit at $1,810 per month.

The reports findings show a similar pattern across Texas' biggest metros as "elevated multifamily supply" was "absorbed through the boom years." Renters currently have the advantageous opportunity to negotiate lower rent from their landlords, according to Zumper CEO Shawn Mullahy.

"Texas is showing exactly what happens when supply materially outruns demand," Mullahy said. "Austin, Houston and Dallas added enormous amounts of inventory, and renters now have leverage because owners are competing to fill it. That won’t reverse until enough of that supply is absorbed."

Elsewhere in the Dallas-area, rent prices for a one-bedroom unit in Plano have dipped 7.1 percent since last year to $1,310. Single-bedroom units in Irving are renting for $1,210 a month, or 4.7 percent lower than they were the year before.

Across town in Fort Worth and Arlington, one-bedroom units had a monthly asking price of $1,160 and $1,080 in August. Arlington's one-bedroom rent price is unchanged from 2025, and Fort Worth's is down 3.3 percent.

This is how much it cost for a two-bedroom unit across DFW in August, compared to the previous year:

Plano: $1,920 per month, down 3.5 percent
Irving: $1,620 per month, down 4.7 percent
Fort Worth: $1,530 per month, down 5.5 percent
Arlington: $1,460 per month, down 2.8 percent

Rent prices across Texas
Austin tops the U.S. with the steepest decline in both one- and two-bedroom rent prices in August. A one-bedroom unit in Texas' capital city had a $1,260 monthly price, down 16.6 percent from August 2025. Rent for a two-bedroom unit declined even further, by 19.1 percent, to $1,610 per month.

One-bedroom apartments in Houston weren't far behind. Rent for a single-bedroom unit dipped 14.6 percent year-over-year to $1,050, and the price for a two-bedroom unit fell 5.4 percent to $1,400.

In San Antonio, single-bedroom rent prices fell 8.6 percent to $960 per month, and two-bedroom rent declined by 4.5 percent to $1,260.

dallas rent rent prices apartments zumper housing real estate

Neighborhood Hot Spot

Luxury apartment living in Dallas’ hottest neighborhood? Find it here.

Strata is an oasis within a vibrant neighborhood.

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renter report

This is how dramatically Dallas rent prices have dropped since last year