Peridot Residences
1601 Elm St,
Dallas, TX 75201
$2,251 - $4,461 | 1-2 Beds
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.
As of March 2025, the average apartment rent in Downtown Dallas is $1,471 for a studio, $1,783 for one bedroom, $2,953 for two bedrooms, and $6,458 for three bedrooms. Apartment rent in Downtown Dallas has decreased by -4.3% in the past year.
Studio
647 sq ft
Average Sq Ft
$1,471/month
Average Rent
1 BR
831 sq ft
Average Sq Ft
$1,783/month
Average Rent
2 BR
1,326 sq ft
Average Sq Ft
$2,953/month
Average Rent
3 BR
1,944 sq ft
Average Sq Ft
$6,458/month
Average Rent
3,214
Communities
892,192
Units
827
Cities
694
Communities
187,862
Units
313
Cities
645
Communities
126,670
Units
256
Cities
618
Communities
163,110
Units
234
Cities
609
Communities
104,969
Units
214
Cities
540
Communities
125,379
Units
273
Cities
† 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.