The True Cost Of Renting A Home In Dallas

The True Cost Of Renting A Home In Dallas

So you're not quite ready to buy a home just yet? That's a pretty normal reaction that I receive when speaking to people who've never purchased a home. There may be a number of reasons that you might not want to buy a home. You may not want to buy a home for the following reasons:

    -Maintenance Costs

    -Buyer's Remorse

    -Being Uneducated On The Process

    -Down Payment/Closing Costs 


While those things are legitimate concerns you should never let them prevent you from making one of the smartest investments of your life. There are some drawbacks to everything you do so you will ultimately have to decide on what is best for you. As a licensed Realtor I meet countless clients who want to opt in renting or leasing and they don't have a realistic view on average rents in Dallas. They days of renting a home for under $1000.00 a month are LONG GONE! With changes in the City of Dallas and more people migrating here rents are soaring. Currently about 11,000 people move to North Texas each month. According to RentJungle.com, as of December 2016, average apartment rent within the city of Dallas is $1228.00 One bedroom apartments in Dallas rent for $1048.00 on average and two bedroom apartment rents average $1423.00. As an industry expert I can tell you that it is makes a lot more sense to purchase a home right now, because rents are requiring you pay top dollar. Buying a home is a very serious move to make and while it's understandable that you might have several questions and concerns, there are so many resources and tools to help get rid of most, if not all of your concerns. One thing for sure, the FIRST thing to arm yourself with when buying a home is a reliable realtor that you can trust and who will work for YOU!  Should you have any questions about the buying, selling, or even renting feel free to reach out to me with no obligation. I am only one phone call away at (469) 552-4097!

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Phone: 469-552-4097
Dated: January 16th 2017
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