Dallas-Fort Worth’s most affordable rental housing stock took a major hit during the decade ending in 2018 but made gains in more expensive apartments. Meanwhile, the region quadrupled in rentals that cost more than $1,400 a month, according to a new study from Harvard’s Joint Center for Housing Studies.
The metro area lost 238,000 rental units priced below $800 a month over the decade. The region added 110,000 units costing between $800 and $1,000 a month. It had just 64,000 units at $1,400 or more in 2008; today, there are 263,000.
The study’s five brackets breakdown like this:
Read more...A New Study Explores Rental Housing Cost in DFW (Spoiler: It’s Going Up) via D Magazine