$2,850 Per Month
- 1 Bed
- 1.5 Baths
- 1,217 Sq Ft
- Condo for Rent
1505 Elm St Unit 1101, Dallas, TX 75201
1505 Elm St Unit 1101, Dallas, TX 75201
Frequently Asked Questions
How much does it cost to rent a condo in Carrollton, TX?
The median rent for a condo in Carrollton, TX is $1,987 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Carrollton, TX?
To comfortably afford the median rent in Carrollton, TX, a household needs to earn roughly $106,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,650 per month in Carrollton, TX, renters typically need to show $7,950 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Carrollton, TX?
In Carrollton, TX, the price-to-rent ratio is 13.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Carrollton, TX are best for renting a condo?
The best neighborhood for renting in Carrollton, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Central Carrollton, Southeast Carrollton, Far North Dallas, North Dallas and Vista Ridge, each with its own character and price range.
