Dallas-Fort Worth’s Apartments Shrink while Rents Rates Grow
Rents nationwide for apartments are increasing, but the square footage of those apartments is actually smaller in size.
According to Dallas Business Journal, “The average apartment in Plano is 940 square feet compared to 859 square feet in Fort Worth, 848 square feet in Irving, 837 square feet in Dallas and 818 square feet in Arlington. The national average is 882 square feet.”
New apartments are being built smaller than they were a decade ago and renters are paying an additional fifty percent more.
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