Rent Report

Dallas apartment prices rise slightly amid COVID-19, says new report

Dallas rent prices rose about 1 percent over the last quarter.

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The pandemic has not put much of dent in Texas rental demand, according to new data from Abodo.

The online apartment marketplace says Texas' median one-bedroom apartment rent fell just $7 from April to June 2020, down to $1,012 from $1,019. Conversely, national one-bedroom median rents rose about 1 percent, growing slightly from $1,088 in April to $1,097 in June.

Dallas' second quarter one- and two-bedroom residential rental markets were up slightly, mirroring the national trend. One-bedroom units rose $15, from a median price of $1,169 in April to $1,284 in June. Two-bedrooms reported some interesting movement during the 90-day period, says Abodo, but they settled at $1,466 — a 1.5 percent increase from the April median price of $1,445.

Dallas is still holding its own, and many are optimistic that the North Texas residential rental market will remain stable even during times of increased COVID-19 infections. As a whole, the Texas residential rental market remains steady for several reasons:

Amid the pandemic, many people are staying put and have put off moving plans for now.
Some residents have had to sell homes they could no longer afford and have therefore entered the rental market.
Landlords are reluctant to raise rents when collecting rent during COVID-19 can be an issue.
Some new apartment developments have slowed or paused construction.

Overall, property managers and landlords are facing a new normal of life, specifically in this virtual world during the COVID-19 pandemic, Abodo explains.

But decreases in supply have offset instances of falling demand, and therefore, the market is stable right now. If the economy does not improve, construction financing could dry up quickly, and paused apartment construction may stay that way.

In the coming months, we may continue to see lessened demand tempered by smaller apartment supply, pointing to continued market stagnation. However, if the economy improves and apartment demand returns to normal, Abodo says, Dallas could see a more rapid rise in rent prices.

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hottest zips

Surprising Dallas neighbor ranks among hottest ZIP codes in U.S.

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Movers are loving Lavon for its small-town feel and proximity to the big city.

A recent analysis of American relocation trends has revealed the small city of Lavon outside Dallas was one of the top five hottest ZIP code for movers nationwide in October 2025.

Lavon's 75166 ZIP code ranked No. 5 on MovingPlace's new list ranking the U.S. cities with the highest number of new movers per 1,000 current residents during the month of October.

According to the study's data, 961,650 moves took place across the nation last month. Lavon (population: 13,800) saw 10.8 moves per 1,000 residents in October, the fifth highest moving rate out of all U.S. cities.

Lavon is located 32 miles northeast of Dallas in Collin County. It was praised as a highly sought-after locale for movers who want to live somewhere affordable outside Dallas while still reaping the benefits from a community with a small-town feel.

The report also added that Lavon's 75166 ZIP was the No. 1 hottest ZIP code in September, but relocations dipped 7.7 percent from September to October.

"When looking at the top ZIP codes in each state, it’s clear that less populated ZIP codes often show dramatic month-over-month increases, sometimes exceeding 100 percent," the report said. "Larger cities, by contrast, maintain consistently high move volumes without extreme spikes, because their larger populations dampen the impact of individual moves."

These are the top 10 hottest U.S. ZIP codes based on moves per capita in October:

No. 1 – 78616 in Dale, Texas
No. 2 – 34987 in Port Saint Lucie, Florida
No. 3 – 37228 in Nashville, Tennessee
No. 4 – 80019 in Aurora, Colorado
No. 5 – 75166 in Lavon, Texas
No. 6 – 32461 in Inlet Beach, Florida
No. 7 – 10004 in New York, New York
No. 8 – 43137 in Lockbourne, Ohio
No. 9 – 30346 in Atlanta, Georgia
No. 10 – 78656 in Maxwell, Texas

The hottest U.S. ZIP codes by total move volume
Five Texas ZIPs ranked among MovingPlace's separate analysis of the top 10 hottest U.S. ZIP codes based on total move volume.

McKinney's ever-popular 75071 ZIP code ranked No. 5 on the list after gaining 298 new residents last month, only 72 residents shy from No. 1-ranking Washington, D.C.'s new resident count.

This North Dallas suburb also previously ranked as the No. 8 most popular ZIP for movers during the first five months of 2025.

The report said McKinney's most attractive qualities are its safety, its high-performing schools, and its proximity to outdoor recreational activities. it also helps that the suburb consistently ranks as the No. 1 hottest housing market in America, and it frequently tops lists comparing the best cities for renters or the most affordable cities in the U.S.

The top 10 hottest American ZIP codes in October based on total move volume were:

No. 1 – 20002 in Washington, D.C.
No. 2 – 78130 in New Braunfels, Texas
No. 3 – 78641 in Leander, Texas
No. 4 – 77433 in Cypress, Texas
No. 5 – 75071 in McKinney, Texas
No. 6 –32256 in Jacksonville, Florida
No. 7 –77493 in Katy, Texas
No. 8 – 85142 in Queen Creek, Arizona
No. 9 – 98052 in Redmond, Washington
No. 10 – 28269 in Charlotte, North Carolina

suburb real estate housing market moving mckinney dallas