Submarket Spotlight | Q3 2023 | East Dallas

August 25, 2023


Submarket Report

East Dallas

 

East Dallas is a top investment spot in DFW, particularly for value-add plays with older properties catering to lower-income renters. Institutional investors are focusing on assets along North Central Expressway, causing significant inventory turnover. Though rental rates increased, vacancy rates also slightly expanded, and rent growth is expected to remain subdued in the near term.