Peridot Residences
1601 Elm St,
Dallas, TX 75201
$2,213 - $4,589 | 1-2 Beds
As a part of Dallas’s Downtown Historic District, City Center offers a lively community with wonderful attractions, eateries, and entertainment options. From the Giant Eyeball to the Majestic Theatre, there are numerous sites to see and artistic ventures to enjoy for visitors and residents alike. The Dallas Farmers Market is a major draw to this community. Residents enjoy this sprawling daily market for its seasonal produce and local flowers and specialty foods.
Restaurants are both local and delicious in City Center, offering hotspots like Y.O. Ranch Steakhouse and Green Door Public House, located in a historic building that was once a bank. History runs deep through the heart of Dallas with an array of historic architecture strewn throughout this neighborhood. City Center is known for Main Street Garden Park, which is a community green space offering play areas for the kids, a dog park, picturesque fountains, local art, and a cozy café. Because of City Center’s central location, an abundance of light rail stations can be found within the neighborhood, making commuting around Dallas a breeze.
As of May 2025, the average apartment rent in City Center is $1,606 for a studio, $1,778 for one bedroom, $2,693 for two bedrooms, and $4,781 for three bedrooms. Apartment rent in City Center has decreased by -1.0% in the past year.
Studio
632 sq ft
Average Sq Ft
$1,606/month
Average Rent
1 BR
823 sq ft
Average Sq Ft
$1,778/month
Average Rent
2 BR
1,302 sq ft
Average Sq Ft
$2,693/month
Average Rent
3 BR
1,712 sq ft
Average Sq Ft
$4,781/month
Average Rent
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
out of 100 TransitScore® Rating
You’ll have excellent transit living in this area, with several nearby transit stops.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.