Market Analysis

Dallas, TX Multifamily Market

Cap rates, rent trends, and underwriting benchmarks for Dallas apartment investors.

5.5%
Avg Cap Rate
4.8% – 6.5%
Cap Rate Range
1.30x
Avg DSCR
$175,000
Price / Unit
$1,380
Avg Rent / Unit
7.2%
Vacancy Rate
+1.8%
YoY Rent Growth
1,340,000
Population

Market Trend

Corporate relocations continue driving demand, but heavy new supply in Frisco, McKinney, and North Dallas submarkets is keeping vacancy elevated. Class B workforce housing outperforms on occupancy. No state income tax remains a draw for both residents and investors.

Lender Notes

Highly liquid market with strong agency, CMBS, and bank lending. 1.20-1.25x DSCR standard. Watch for rising insurance premiums in hail-prone areas.

Analyze a Dallas Deal

Upload any Dallas offering memo, T12, or rent roll. Get a full underwriting report with deal grade, sensitivity analysis, and Go/No-Go verdict in under 2 minutes.

← All Markets