Peridot Residences
1601 Elm St,
Dallas, TX 75201
$2,127 - $4,438
1-2 Beds
Deep Ellum
Dallas, TX
Deep Ellum - Dallas, TX Area Guide
A live music lover’s oasis in the heart of Dallas
Live Music
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Entertainment
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Local Restaurants
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Public Transportation
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Breweries
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Just east of downtown Dallas on the other side of US Route 75, Deep Ellum is the music hub of Dallas. National and local artists perform at the multitude of live music venues across town. The most popular spots are the Bomb Factory and Trees, along with the Dallas Comedy House that offers entertaining live comedy performances. This neighborhood is a haven for lovers of music and concerts. Public bus stations are located across Deep Ellum, and the neighborhood has very easy access to major highways. Deep Ellum has more than its fair share of local restaurants and bars. Twisted Root Burger Co., Angry Dog, Braindead Brewing, and Serious Pizza are just a significant few in the area. The music scene, incredible variety of eateries, luxury apartments, and proximity to downtown Dallas are just a few perks of living in Deep Ellum.
Rent Trends
As of March 2026, the average apartment rent in Deep Ellum is $1,638 for a studio, $1,748 for one bedroom, $2,522 for two bedrooms, and $4,001 for three bedrooms. Apartment rent in Deep Ellum has decreased by -1.8% in the past year.
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Studio
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841 sq ft
Average Sq Ft
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$1,638/month
Average Rent
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1 BR
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793 sq ft
Average Sq Ft
-
$1,748/month
Average Rent
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2 BR
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1,237 sq ft
Average Sq Ft
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$2,522/month
Average Rent
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3 BR
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1,732 sq ft
Average Sq Ft
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$4,001/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Deep Ellum - Dallas, TX is for everyday living.
Very Walkable
87
/ 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Excellent Transit
76
/ 100
You’ll have excellent transit living in this area, with several nearby transit stops.
Very Bikeable
82
/ 100
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Fair Park
- Perot Museum of Nature & Science
- Children's Aquarium at Fair Park
- Texas Discovery Gardens
- Nasher Sculpture Center
Military Bases
Airports
- Dallas Love Field
- Dallas-Fort Worth International
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Methodology
† 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 2026.