Peridot Residences
1601 Elm St,
Dallas, TX 75201
$2,214 - $4,589 | 1-2 Beds
Downtown Dallas
Dallas, TX
Downtown Dallas - Dallas, TX
Area Guide
Everything is bigger in Downtown Dallas.
Urban
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Thriving
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Busy
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Art
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Culture
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Nightlife
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Sports
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Shopping
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Restaurants
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Pedestrian-Friendly
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At first glance, Downtown Dallas is similar to many other major cities: Pedestrians rush along wide sidewalks while traffic pulses along the busy streets, towering buildings of glass mix with more historic structures with ornate arches and porticos, and high-end boutiques sit next to sidewalk cafes with jaunty awnings. But then you notice the difference … it isn't the inordinate amount of pickup trucks or the occasional business suit paired with cowboy boots, but it's the sheer size of Downtown Dallas.
Unlike most downtown city centers, this isn't a compact mix of buildings that quickly lead elsewhere -- in fact, Downtown Dallas has grown so much over the year that in now includes 15 distinct districts. Downtown Dallas is wrapped by interstates, with I-35E to the south and I-30 to the south and east. Downtown Dallas includes the Dallas World Aquarium, the Sixth Floor Museum, the Dallas Museum of Art, the Kay Bailey Hutchinson Convention Center, the Majestic Theatre, and the Dallas Farmers Market. At the heart of it all, Klyde Warren Park provides everything from playgrounds to food trucks.
If you choose an apartment in Downtown Dallas, you'll be part of an ever-growing, thriving community that takes the slogan, "everything is bigger in Texas" and amplifies it. You'll enjoy a fantastic arts scene in the Arts District, fascinating history in the West End, and amazing views of the city from Reunion Tower's GeO-Deck.
Rent Trends
As of May 2025, the average apartment rent in Downtown Dallas is $1,552 for a studio, $1,811 for one bedroom, $3,067 for two bedrooms, and $6,306 for three bedrooms. Apartment rent in Downtown Dallas has decreased by -2.7% in the past year.
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Studio
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636 sq ft
Average Sq Ft
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$1,552/month
Average Rent
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1 BR
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834 sq ft
Average Sq Ft
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$1,811/month
Average Rent
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2 BR
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1,333 sq ft
Average Sq Ft
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$3,067/month
Average Rent
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3 BR
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1,941 sq ft
Average Sq Ft
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$6,306/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Dallas World Aquarium
- Nasher Sculpture Center
- Klyde Warren Park
- Trinity Overlook Park
- Perot Museum of Nature & Science
Transit / Subway
Military Bases
Airports
- Dallas Love Field
- Dallas-Fort Worth International
Top Apartments in Downtown Dallas
Houses for Rent in Downtown Dallas
Property Management Companies
Greystar
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3,242
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901,076
Units
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838
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Willow Bridge
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693
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187,284
Units
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320
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AMC
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651
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127,664
Units
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260
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FPI Management
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628
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107,479
Units
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224
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RPM
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620
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163,941
Units
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239
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Cushman & Wakefield
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553
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128,380
Units
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280
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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 2025.