$2,300 Per Month
- 3 Beds
- 2 Baths
- 2,444 Sq Ft
- House for Rent
716 Elm Falls Place, Mesquite, TX 75181
716 Elm Falls Place, Mesquite, TX 75181
Frequently Asked Questions
How much does it cost to rent a single-family home in Mesquite, TX?
The median rent for a single-family home in Mesquite, TX is $1,995 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.
How much do you need to make to afford rent in Mesquite, TX?
To comfortably afford the median rent in Mesquite, TX, a household needs to earn roughly $88,000 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 $2,200 per month in Mesquite, TX, renters typically need to show $6,600 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 Mesquite, TX?
In Mesquite, TX, the price-to-rent ratio is 11.5, 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 Mesquite, TX are best for renting a single-family home?
The best neighborhood for renting in Mesquite, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Creek Crossing Estates, Downtown Mesquite, Falcon's Lair, Valley View and Kleburg, each with its own character and price range.
