North Texas apartment demand couldn't keep up with construction in the first quarter.
But residents still didn't escape a rent increase.
Average apartment rents in the Dallas-Fort Worth area were up 1.9 percent from the first quarter of 2017 to $1,081 a month, according to the latest data from RealPage. The Richardson-based apartment industry service firm estimates that net D-FW apartment leasing totaled 1,721 units in the first three months of 2018.
Read more...D-FW apartment rents inch up in first quarter as construction surges | Real Estate | Dallas News