ZIP reports / TX / 75248
ZIP rental intelligence · 2026-06

ZIP 75248, Dallas, TX

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 75248?

The latest Zillow ZORI for ZIP 75248 is $1,474 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$1,4742026-06 · down 0.3% year over year
ACS median gross rent$1,652ACS 2024 5-year survey · ±$54 margin of error
HUD two-bedroom standard$2,270Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 75248
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,208ZORI scaled by the local HUD bedroom ladder$1,860HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,260ZORI scaled by the local HUD bedroom ladder$1,940HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$1,474ZORI scaled by the local HUD bedroom ladder$2,270HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$1,857ZORI scaled by the local HUD bedroom ladder$2,860HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$2,357ZORI scaled by the local HUD bedroom ladder$3,630HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$100,414ACS 2024 5-year · ±$8,399 MOE
Renter share46.4%7,970 renter households
Rent burden 30%+39.0%3,105 observed households
Housing vacancy6.9%1,280 of 18,464 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 75248Zillow asking-rent index$1,474ACS median gross rent$1,652HUD two-bedroom standard$2,270

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 75248ACS median household income$100,414Income at 30% of ZIP ZORI$58,960

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 75248Studio$1,208One bedroom$1,260Two bedrooms$1,474Three bedrooms$1,857Four bedrooms$2,357

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 7524830% or more of income3,105 householdsBelow 30%4,865 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 75248ZIP 75248$1,474Dallas city$1,618Dallas County county$1,646Dallas-Fort Worth-Arlington, TX metro$1,673

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 75248; missing months remain gaps$1,600$1,479$1,359$1,2382021-062023-122026-06
Five-year change
15.3%exact same-month endpoints
Largest observed drawdown
6.8%peak to a later observed month
Annualized monthly variability
3.5%102 consecutive returns
Monthly coverage
100.0%103 of 103 months
Decision brief

What the evidence says for ZIP 75248

Against a rising resale price, the current rent signal is soft in ZIP 75248. Zillow's current ZORI, a typical observed asking-rent index blended across rental types, stands at $1,474 per month and is down 0.26% from the same month a year earlier. Redfin's ZIP resale record, by contrast, shows a $709,290 median sold price, up 9.12% year over year. Annualized ZIP ZORI divided by that median sold price produces a 2.49% cross-source screening ratio. That arithmetic contrast is the central measured tension: asking-rent momentum has weakened while the direct resale price measure has strengthened. The ratio is not a cap rate, net return, expected return, property yield, or statement of property economics.

The rent history says the current decline is not simply an isolated monthly reading, although it also does not erase the longer record. The exact same-month one-year rent-history change is negative 0.26%, the three-year annualized change is negative 1.47%, and the five-year annualized change remains positive at 2.89%. Recent direction therefore breaks from the longer five-year path rather than confirming it. This history is classified as high variability: annualized monthly-return variability is 3.46%, so a single current ZORI snapshot warrants less confidence than a smooth series would. Separately, the maximum drawdown reached 6.77% from a prior peak, showing that meaningful declines have occurred in the observed record. Coverage is complete at 100%, with 103 observations and 102 consecutive monthly returns. On transparent national discovery ranks among history-eligible ZIPs, momentum ranks 2,564, stability ranks 2,197, and the balanced rank is 2,729; lower ranks are higher. These are backward-looking measurements, not forecasts or investment recommendations.

Source definitions matter before comparing the rent figures. The five-digit label is both a Zillow ZIP market identifier and a Census ZCTA match; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. The matched ACS five-year survey reports median gross rent of $1,652, with a reported $54 margin of error, among occupied renter homes. ACS gross rent includes selected utilities, so it is not a current asking-rent measure. The Zillow asking-rent index is 89.2% of that ACS median, a difference that should not be treated as a direct quality or affordability verdict. HUD's supplied FMR/SAFMR two-bedroom standard is $2,270, and ZIP ZORI is 64.9% of it. HUD FMR/SAFMR is an administrative, bedroom-specific standard rather than asking rent.

The bedroom ladder is useful for sizing the ZIP-wide asking-rent index, but it is not a set of observed unit rents. Modelled estimates scale ZIP ZORI with the local HUD ladder: $1,208 for a studio, $1,260 for one bedroom, $1,474 for two bedrooms, $1,857 for three bedrooms, and $2,357 for four bedrooms. These are modelled estimates, never measured bedroom rents, and they should not substitute for live listings or executed leases. The related HUD ladder runs from $1,860 for a studio to $3,630 for four bedrooms. Its purpose here is to preserve local bedroom relationships while scaling the Zillow index, not to claim that either HUD standards or the modelled figures describe a particular available home.

The income screen is comparatively favorable at the ZIP aggregate level, but household averages do not settle individual renter outcomes. Applying a 30% required-income screen to current ZIP ZORI yields $58,960 in annual income. Median household income in the matched ZCTA is $100,414, and the annualized asking-rent-to-income comparison is 17.6%. This is arithmetic, not advice and not an applicant qualification rule. At the same time, 39.0% of renter households in the ACS measure are rent burdened at 30% or more, indicating that aggregate income and observed renter burden point in different directions. Renters account for 46.4% of occupied homes. The ZCTA vacancy rate is 6.9%, and the housing stock includes both single-family units and larger multifamily buildings. Neither vacancy nor burden proves availability, cost, or payment stress for a particular unit.

Wider comparisons reinforce the distinction between ZIP evidence and context: Dallas city context rent is $1,618, Dallas County context rent is $1,646, and Dallas-Fort Worth-Arlington metro context rent is $1,673. Those city, county, and metro values are context only, not substitutes for the ZIP asking-rent index. The ZIP's current Zillow figure is below each wider rent measure, while the city-context rent-burden share is 51.7% and the Dallas County-context burden share is 52.1%, both above the ZIP's matched-ZCTA burden share. That pattern supports a relative affordability screen at the aggregate geography level, yet differing source universes and household compositions mean it cannot establish that a given ZIP listing is inexpensive or less burdensome.

Redfin supplies a separate direct rolling-three-month ZIP resale observation, describing the for-sale market rather than rental transactions. It reports a median sold price of $709,290 across 160 homes sold. Marketing and supply signals show 30 median days on market, 372 active listings, 185 inventory homes, and 3.5 months of supply; inventory was 6.61% lower than a year earlier. Sale-to-list evidence was somewhat below list on average at 97.71%, while 20.53% of sales closed above list. Taken together, the resale data indicate active transaction volume and a firmer annual sold-price comparison even as asking-rent history has weakened. That resale strength challenges any simple reading of the rent decline, but it does not convert Redfin sales into rental comparables. The screening ratio remains only annualized ZIP ZORI divided by median sold price across different source universes.

The packet cannot show current concessions, lease terms, unit condition, utility responsibility, bedroom configuration, or whether a particular vacant home is available for rent. ACS estimates are survey-based and cover occupied renter households, Zillow ZORI is an index rather than a lease ledger, HUD is an administrative standard, and Redfin measures completed resale activity. Property-level review should therefore verify the live advertised rent, concessions, utilities included, actual bedroom count, unit type, availability date, and the relevance of any sale record to the property under review. It should also distinguish a unit's observed list price from the ZIP modelled bedroom estimate. The decision-relevant question is whether a specific listing's terms still align with the ZIP's softer recent asking-rent path despite the stronger direct resale evidence.

Decision signals

What deserves a closer property-level check

Recent rent direction breaks from the longer path

ZIP asking rent declined 0.26% over one year and 1.47% annualized over three years, while the five-year annualized history remains positive at 2.89%. The sequence indicates that recent softness interrupts, rather than extends, the longer appreciation record. Elevated variability and a prior 6.77% maximum drawdown reduce confidence in treating one current rent reading as a stable trend.

Rent sources answer different questions

Zillow ZORI is a ZIP-level asking-rent index blended across rental types. ACS median gross rent is a five-year survey measure for occupied renter homes and includes selected utilities. HUD FMR/SAFMR is a bedroom-specific administrative standard. The lower current Zillow value relative to ACS and HUD should be interpreted as a source-universe difference first, not as proof of a market discount.

Aggregate income screen and renter burden diverge

The 30% income screen on current ZIP ZORI equals $58,960, below the matched-ZCTA median household income of $100,414. Yet 39.0% of renter households are reported as spending at least 30% of income on rent. Aggregate income therefore presents a more favorable screen than the renter-burden measure, which is evidence of uneven household circumstances rather than proof about any applicant or unit.

Resale strength complicates the softer rent signal

Redfin's direct rolling-three-month ZIP resale observation shows a higher year-over-year median sold price, active sales volume, lower inventory, and 3.5 months of supply. Those for-sale indicators contrast with declining one-year ZIP asking rent. However, the 2.49% annualized-rent-to-sold-price figure is only a cross-source screening ratio; it omits operating costs, financing, unit characteristics, and property-level rental evidence.

  • High historical variability means the present Zillow asking-rent index may move materially around its current level. Neither the negative recent history nor the positive five-year history establishes a future rent path.
  • The ACS gross-rent measure, Zillow asking-rent index, HUD administrative standards, and Redfin resale measures cover different populations, timing, and transaction types, creating substantial risk of invalid direct comparison.
  • Aggregate household income and renter-burden figures describe the matched ZCTA survey population, not a specific household. They cannot confirm applicant qualification, tenant payment capacity, or affordability of an individual listing.
  • Redfin resale evidence may appear favorable beside weaker rent momentum, but sale prices and rental economics are not interchangeable. The screening ratio excludes expenses, concessions, vacancy experience, financing, and property-specific conditions.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 75248

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$709,290+9.1% year over year
Homes sold160rolling three-month observation
Median days on market30 daysfor-sale listing absorption
Months of supply3.5resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 75248Active listings372Inventory185Pending sales158Homes sold160

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

185 observed inventory · -6.6% year over year.

Price realization

97.7% average sale-to-list ratio · 20.5% sold above original list.

Early absorption

32.3% went off market within two weeks; compare this with 30 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Dallas County listing conditions

7,270 active Realtor.com listings · 52 median days on market · 25.8% price-reduced share · 2026-06.

Dallas-Fort Worth-Arlington, TX resale supply

n/a · n/a · n/a listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

9.0% reported apartment vacancy · 35 days on market. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 75248. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

Why is Zillow ZORI lower than ACS median gross rent here?

The measures are not designed to match. Zillow ZORI is a current typical observed asking-rent index blended across rental types, whereas ACS median gross rent is a five-year survey of occupied renter homes and includes selected utilities. A lower Zillow figure can reflect those distinct universes, survey timing, and included-cost definitions rather than a direct difference in identical apartments.

Are the bedroom rent figures observed rents for studios through four-bedroom homes?

No. The bedroom figures are modelled estimates created by scaling the ZIP-wide Zillow ZORI using the local HUD bedroom ladder. They are not measured bedroom rents, live advertised rents, executed leases, or evidence that a specific property can be rented at the stated amount.

What does the 30% required-income figure mean?

It is a simple arithmetic screen that divides annualized current ZIP asking rent by 30%, producing an income figure of $58,960. It is not a recommendation, lending standard, legal threshold, applicant qualification rule, or evidence that any renter can obtain a particular unit at that rent.

How should the Redfin resale data be used alongside the rent data?

Redfin provides direct ZIP evidence on the for-sale market over a rolling three-month window, including sold price, sales count, marketing time, inventory, supply, and sale-to-list signals. It can frame a resale-versus-rent tension, but it is not rental transaction evidence. Annualized ZORI divided by median sold price is only a screening ratio and excludes all property-level operating economics.