ZIP 75240
Dallas, TX
Data based on listings and public records observed by Rufus. May not represent the entire market.
ZIP 75240 covers 24 tracked apartment buildings totaling 5,740 units in Dallas, TX, with an average asking rent of $1,552 — close to the national median for this ZIP code. Asking rents span $765 to $3,245 across the available inventory. Reported occupancy is 88.3%, softer than most stabilized markets and consistent with active leasing concessions.
The for-sale market in this ZIP code shows a median asking price of $449,900 ($267 per square foot). For-sale listings sit on the market for an average of 78 days. As of the most recent snapshot Rufus is tracking 53 active listings. HMDA mortgage data for the county covering Dallas shows an average loan amount of $474,720 at an average interest rate of 6.78%. 39,110 loans were originated in the most recent reporting year, an elevated denial rate that is worth benchmarking before underwriting new deals.
Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.
Building Vintage
Largest Buildings
| Property | Units | Built | Avg Rent |
|---|---|---|---|
| The Dorchester Apartments | 399 | 1992 | $1,307 |
| Hazel by the Galleria | 398 | 2023 | $2,043 |
| The Jasmine Apartments | 374 | 1980 | $943 |
| Dallas, TX Apartment Homes | 345 | 2008 | $1,557 |
| City North | 345 | 2008 | $1,506 |
| Muse at Midtown | 289 | 2020 | $1,790 |
| Villa Piana Apartments | 245 | 2009 | $1,742 |
| Alexan at the Galleria | 239 | 2025 | $2,108 |
| Alexan by the Galleria | 239 | 2025 | $2,386 |
| The Emily Apartments at North Dallas | 232 | 1980 | $1,355 |