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Rental Insights for ZIP Code 75202 (Dallas, TX)

Housing Rentals in ZIP Code 75202 (Dallas, TX)

75202 ZIP Code in Texas

A Comprehensive Look at Rentals in the ZIP Code 75202

The 75202 ZIP Code is primarily associated with Dallas, TX in Dallas County. The median housing rent payment in this region of Texas is $1,487 per month. About 77.5% of housing units in this Dallas County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of 8.1%.

The median rent in ZIP Code 75202 of $1,487 per month is 42% higher than the aggregate Texas median monthly rent of $1,045, and is 40% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 50.8% of residents in ZIP Code 75202 pay between $1,000 and $1,499 per month for rent. That is 45% higher than in Texas overall, in which 35.0% of total state residents pay between $1,000 and $1,499 per month for housing. Just 0.8% of renters in this Dallas, TX region pay between $500 and $999 for monthly rent.

ZIP Code 75202 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 75202

See the chart below for a comparison of monthly rental costs in ZIP Code 75202, Texas, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 75202 along with those in the state of Texas and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 75202

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 75202 Texas U.S.
Less than $500 0.0% 6.6% 9.4%
$500 to $999 0.8% 39.6% 36.2%
$1,000 to $1,499 50.8% 35.0% 30.0%
$1,500 to $1,999 30.9% 13.3% 14.0%
$2,000 to $2,499 13.1% 3.5% 5.6%
$2,500 to $2,999 4.4% 1.1% 2.4%
$3,000 or more 0.0% 0.9% 2.4%

Rent Cost vs. Income in ZIP Code 75202

Renters in ZIP Code 75202 use an estimated 25.53% of their income to cover their monthly rent payments. That is about 13% lower than in Texas overall. The estimate for Texas overall is 29.37% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 75202 renters use about 14% less of their income to cover rent expense. Household income figures for ZIP Code 75202 come in higher than in Texas as a whole. The median annual household income in ZIP Code 75202 of $79,766 sits approximately 29% higher than the overall Texas median income of $61,874 and approximately 27% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 75202

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 75202, Texas, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 75202 along with the same calculations in the state of Texas and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 75202

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 75202 Texas U.S.
Less than 15.0 percent 28.0% 13.2% 13.1%
15.0 to 19.9 percent 12.2% 13.6% 12.9%
20.0 to 24.9 percent 12.7% 13.6% 12.9%
25.0 to 29.9 percent 13.8% 11.8% 11.6%
30.0 to 34.9 percent 2.1% 9.1% 9.1%
35.0 percent or more 31.2% 38.6% 40.5%

Household Income in ZIP Code 75202

See the table below for the regional comparison of annual household income in ZIP Code 75202.

Income ZIP 75202 Texas U.S.
Less than $10,000 3.0% 6.1% 6.0%
$10,000 to $14,999 2.4% 4.0% 4.3%
$15,000 to $24,999 6.7% 8.9% 8.9%
$25,000 to $34,999 5.0% 9.3% 8.9%
$35,000 to $49,999 8.8% 12.5% 12.3%
$50,000 to $74,999 20.5% 17.6% 17.2%
$75,000 to $99,999 12.2% 12.5% 12.7%
$100,000 to $149,999 17.0% 15.0% 15.1%
$150,000 to $199,999 12.2% 6.7% 6.8%
$200,000 or more 12.3% 7.4% 7.7%

Household Income in ZIP Code 75202

See the chart below for a comparison of annual household income figures in ZIP Code 75202, Texas, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 75202 alongside the same figures for the state of Texas and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 75202

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 75202.

ZIP 75202 Texas U.S.
Median Housing Rent $1,487 $1,045 $1,062
Renter-Occupied Housing Units 77.5% 38.0% 36.0%
Rental Vacancy Rate 8.1% 7.8% 6.0%
Average Size of Renter-Occupied Unit 1.47 2.63 2.49
Average # of Bedrooms Per Unit 1.17 2.75 2.75
Percent of Income Spent on Rent 25.53% 29.37% 29.83%
Per Capita Income $67,184 $31,277 $34,103
Median Household Income $102,286 $87,260 $88,607
Living Below the Poverty Line 21.5% 11.3% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 75202

In ZIP Code 75202 (Dallas, TX), and estimated 77.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 8.1%.

The per capita income in 75202 is estimated at $67,184, which goes along with an estimated median household income of $102,286. About 21.5% of residents in this Dallas County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.47 occupants, while the units have an aggregate average size of 1.17 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 25.53% of their income on housing rental costs.

Rental FAQs for ZIP Code 75202

1

What is the median monthly rent in ZIP Code 75202?

Median rent for housing in ZIP Code 75202 in Dallas County in Texas is approximately $1,487 per month.
2

Is it expensive to rent in ZIP Code 75202?

Rent in ZIP Code 75202 is higher than average in the state of Texas overall. The median monthly rent of $1,487 in ZIP Code 75202 is approximately 42% higher than the Texas median of $1,045. Additionally, median rent in this Dallas, TX region ($1,487) is about 40% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 75202?

High-priced rentals are not common in the Dallas, TX ZIP Code of 75202, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Texas overall, approximately 0.9% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 75202?

Affordable rentals are less common in ZIP Code 75202 than in Texas overall. The percentage of housing rentals in ZIP Code 75202 costing $999 or less per month (0.8%) is approximately 98% lower than the Texas rate of 46.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 98% higher than the previously mentioned 75202 rate of 0.8%.
5

What is the most common cost range that rentals fall into in ZIP Code 75202?

The most common range for rental cost in ZIP Code 75202 is between $1,000 and $1,499 per month. About 50.8% of renters in 75202 pay in this range for monthly rent. In comparison, approximately 35.0% of renters in the state of Texas fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 75202 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 75202 is higher than the rental vacancy rate in the state of Texas overall. Rental vacancy of 8.1% in ZIP Code 75202 is about 4% higher than the Texas rate of 7.8%. Looking more broadly, rental vacancy in this Dallas, TX region (8.1%) is an estimated 35% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 75202? How does it compare to other Texas regions?

Median household income in ZIP Code 75202 is higher than in the state of Texas overall. Annual household income of $79,766 in ZIP Code 75202 is about 29% higher than the Texas median of $61,874. Additionally, median household income in this Dallas, TX region ($79,766) is approximately 27% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 75202 spend on housing costs?

Renters in ZIP Code 75202 spend a lower amount of their income on rent costs than do renters in Texas overall. Renters in ZIP Code 75202 spend an estimated 25.53% of their income on rent payments, which is about 13% lower than the overall Texas estimated rate of 29.37%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 14% higher than the ZIP Code 75202 estimated rate of 25.53%.
9

Do renters in ZIP Code 75202 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 75202 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 75202 spending 30 percent or more of their income on rent costs (33.3%) is approximately 30% lower than the Texas rate of 47.7% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 33% higher than the aforementioned 75202 rate of 33.3%.
10

What is the average household size of renter-occupied units in ZIP Code 75202?

The average household size of renter-occupied units in ZIP Code 75202 is lower than in the state of Texas overall. Annual household size of 1.47 in ZIP Code 75202 is about 44% lower than the Texas median of 2.63. Additionally, median household size in this Dallas, TX region (1.47) is approximately 41% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Texas ZIP Codes