Farmers Branch, TX has a population of 33,808, while the median age is 36. The household income in Farmers Branch, TX is around $65,810. The homeownership rate among the residents is 55%. The median residential property value in Farmers Branch, TX that you should keep in mind is $160,600.
|Number Of Employees||18,275|
|Median Property Value||$160,600|
|Rent Price||Jun||vs Last Month|
|1 bed rentals||$1,515||+152.5%|
|2 bed rentals||$2,121||+1%|
|3 bed rentals||$2,575||-2.1%|
|4+ bed rentals||$3,148||-24%|
Over the Jun 2022, the average rent for an apartment in/near Farmers Branch, TX decreased by 23.8% to $2,483.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 152.5% to $1,515. Pricing for 2-bed apartment also increased by 1% and a place of this size will now cost you $2,121. 3-bed apartment rent pricing starts at $2,575, it decreased by 2.1% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 24% and made it down to $3,148.
|Rent Type Price||Jun||vs Last Month|
Looking at the median rent price for an apartment in Farmers Branch, TX, you can note that it remains flat with a price tag of $1,786. Statistics show that house rent price decreased by 17.6% this month making it up to $2,754. Condo for rent is now available for the same pricing as previously — $2,005. An average duplex is now available for $2,200, cause median rent for a duplex remains the same this month. The median rent for a loft did not face significant changes this time, it now still goes for $3,450. An average room will now go for $1,400, the median rent price for a room increased by 133.3%. Townhouse rent pricing didn’t change, the price still starts at $2,900.