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    The Boom Continues

    Booming DFW ZIPs among 10 fastest-growing new neighborhoods in U.S.

    Amber Heckler
    May 15, 2026 | 9:17 am
    Overhead view of a neighborhood in Keller, Texas

    Dallas keeps on growing.

    Photo by Braden Egli on Unsplash

    As Texas' ever-growing population generates more demand among regional housing markets, two Dallas-area ZIP codes have seen more growth than nearly all other ZIPs in the state — and in the country.

    75078 in Prosper and 75454 in Melissa respectfully ranked as the ninth and 10th in RentCafe's new study that analyzed the 50 fastest-growing "new neighborhoods" in America "that barely existed a decade ago." One more North Texas ZIP in Fort Worth also made the top 10.

    The study reviewed housing inventory and population growth across 32,000 U.S. ZIP codes and narrowed down the search to the top 50 locales that experienced a 51 percent minimum surge in new housing units from 2014-2023.

    Overall, Texas dominated the list with 17 of the nation's 50 booming new neighborhoods.

    The report's findings revealed Prosper has more than tripled its housing inventory to 14,409 units, up from about 4,200 units in 2014. The area's population has also more than tripled, from 13,229 to 46,857 residents as of 2023.

    Melissa's population has surged 211.2 percent over the last decade, from 6,471 to 20,137 residents, and housing inventory soared 222 percent to keep pace with the growth. A recent boom in apartment construction is a major factor that contributed to the suburb's expansion, the report said, which has showed no signs of slowing as more than 1,300 new apartments were built in Melissa in 2024.

    "Here again, proximity to Dallas and accelerated development activity are driving growth," the report said. "Looking ahead, Melissa is slated for more housing projects to accommodate new residents."

    Dallas suburbs like Prosper and Melissa also "offer easy access to Dallas jobs and provide newly built schools and quality urban services," according to the report.

    RentCafe's separate ranking of the best "up-and-coming" communities ranked Prosper and Celina, another rapidly growing Dallas suburb, among the top three in the U.S.

    Fast-growing ZIPs in Dallas-Fort Worth
    North Fort Worth's 76177 ZIP code ranked as the seventh fastest-growing ZIPs in the U.S. over the last decade. RentCafe determined this northern region saw a 266 percent surge in housing inventory in the last decade to keep up with the area's 302.1 percent population growth over the same period.

    In 2014, there were just 6,003 residents living within the bounds of 76177, which stretches as far north as the area surrounding Texas Motor Speedway and as far south as the Chisholm Ridge neighborhood. During that same year, there were only 2,774 housing units in the area, which has since spiked to 10,140 units as of 2023. The ZIP code now boasts a population of more than 24,000 residents, the study found.

    "[ZIP code] 76177’s growth was stimulated by the overall economic expansion of the Dallas-Fort Worth area," the report said. "Like many places in Texas, this enclave attracts residents due to a mix of accessibility, community and opportunities."

    Celina's 75009 ZIP ranked just outside the top 10 as the 11th "newest" neighborhood in the U.S. Celina experienced a 229 percent increase in population over the 10-year span, and a 211 percent increase in housing inventory. In 2023, the suburb had a population of more than 30,000 residents, up from about 9,200 in 2014.

    The top 10 "newest" neighborhoods in the U.S., says RentCafe, are:

    • No. 1 – Chino, California (91708)
    • No. 2 – Timnath, Colorado (80547)
    • No. 3 – Colorado Springs (80927)
    • No. 4 – Fulshear, Texas (77441)
    • No. 5 – Ponte Vedra, Florida (32081)
    • No. 6 – Jersey City, New Jersey (07311)
    • No. 7 – Fort Worth (76177)
    • No. 8 – Colorado Springs (80924)
    • No. 9 – Prosper, Texas (75078)
    • No. 10 – Melissa, Texas (75454)
    real estatefort worthprospermelissacelinanorth texaszip codespopulation growth
    news/real-estate

    rent report

    Here's how much rent prices have dropped in Dallas-Fort Worth since 2025

    Amber Heckler
    Jun 2, 2026 | 4:45 pm
    Dallas skyscrapers
    Photo by TOM on Unsplash
    Rent prices are on the decline in most DFW cities.

    Rent prices are falling statewide, and prices in certain Dallas-Fort Worth cities have declined by nearly 8 percent since last year, according to a new national rent report from Zumper.

    The Zumper National Rent Report tracked year-over-year and month-over-month rent price changes in 100 U.S. cities for both one- and two-bedroom units using the most recent data available from May 2026.

    Plano had the fourth-steepest rent decrease in Texas, with prices for one-bedroom units dipping 7.5 percent year-over-year to $1,360. Two-bedroom rent has dropped 5.5. percent from last year to $1,900.

    In Dallas, one-bedroom rent prices fell 5.6 percent to $1,350, and two-bedroom rent is down 6.4 percent since last year to $1,900.

    Arlington was the only major Texas city where rent prices increased from May 2025 to May 2026. One-bedroom rent increased nearly 3 percent to $1,090, and two-bedroom rent increased 2.1 percent to $1,480.

    The cost for a single-bedroom apartment in Irving is $1,280, or the same price as it was a year ago, the report found. Two-bedroom units are 3 percent cheaper than they were last year, at $1,610.

    In Fort Worth, respective rent costs for one- and two-bedroom units come out to $1,240 and $1,560.

    Rent prices elsewhere in Texas
    San Antonio saw the steepest drop in rent prices statewide, with one-bedroom rents falling by 10.4 percent to $950. Two-bedroom units have declined 6 percent year-over-year to $1,250.

    These are the rent prices for other Texas cities in May 2026:

    • Austin: $1,420 for one-bedroom units; $1,860 for two-bedroom units
    • El Paso: $810 for one bedroom; $1,130 for two bedrooms
    • Houston: $1,130 for one bedroom; $1,430 for two bedroom

    The report also revealed that four of the 10 U.S. metros offering the most concessions are located in Texas. Austin leads nationally with more than a third of rental units "dangling incentives to fill space," followed by San Antonio, Houston, then Dallas. A separate rent report from real estate data firm CoStar found Dallas-Fort Worth had the fifth highest apartment vacancy rate in the U.S. in March, meaning residents may be able to save on their rent depending on the financial incentives offered by landlords.

    Additionally, these same markets offering generous rent concessions are also among the 10 U.S. metros with the largest population growth, which Zumper says signals ongoing tension between tenants and their landlords regarding prices.

    "So while Texas absorbed a significant share of the 2023-2025 supply wave, inventory still has to lease up before landlords regain pricing power, and the steady inflow of new residents says the demand is there," the report said. "It’s just a question of when supply stops outrunning it."

    From 2023 to 2024, Texas gained nearly 73,000 net new renters, making it the No. 1 magnet for renters nationwide.

    rentrent reportzumperapartmentsreal estatedallasplanofort wortharlingtonirving
    news/real-estate
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