Rental bidding wars are happening in Dallas

Dallas

2022/07/04

Bidding wars for rent prices are now happening in Dallas and around TX, as applicants are asked to submit their best offer.Despite building 20K-25k apartment units/year, occupancy rates are still really high in Dallas, at ~96%.In May, the avg rental price in North TX ↑ 17.5% YoY. In Dallas, the avg rent clocked in at $1,526/month.