The average rent in University Park, Dallas County, TX is $2,885.
In University Park 17% of the housing is rented out compared to 83% of homes are owned, according to the most recent Census Bureau estimates. 2% of University Park's apartments are found in large buildings of 50 units or more, 66% are located in smaller apartment complexes with less than 50 units, and 30% are single-family rentals.
The average age of rental buildings in University Park is 15 years old, with 67% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 7 stories, of which 60% are garden-style apartment communities, 41% are mid-sized buildings, and 13% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Rental apartments in University Park come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 60% of the total apartments in the city, while 2-bedroom floorplans represent around 36% of all rentals in University Park. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
University Park is conveniently situated within the Dallas-Fort Worth Metroplex, just five miles north of downtown Dallas. This prime location makes it an attractive spot for renters looking to benefit from proximity to major cities while enjoying a suburban feel. The city is home to various sectors, including finance, education, and services, largely due to the presence of Southern Methodist University (SMU).
The city boasts several well-maintained parks, including Caruth Park and Burleson Park, which offer walking paths, playgrounds, and sports facilities. The cultural vibrancy of University Park is evident in its close association with SMU, providing access to museums, art galleries, and theaters. Historical landmarks such as the iconic Meadows Museum and the George W. Bush Presidential Library add to the city's historical depth.
Local cuisine in University Park reflects a fusion of influences, with an array of dining options ranging from upscale American eateries to diverse international cuisine. The school district here, Highland Park Independent School District, is noted for its strong academic reputation, making the area particularly appealing for families.
Renters in University Park will find a mix of architectural styles from classic Tudor to modern condominiums, reflecting the city's rich history and contemporary growth. The rental market is diverse, catering to a range of preferences, whether one is looking for proximity to SMU, or the bustling shops and eateries on Hillcrest Avenue.
Highland Park and the SMU vicinity are popular among young professionals and students due to the easy access to campus facilities and vibrant cultural scenes. Conversely, areas like Lovers Lane are preferred by families who appreciate nearby schools and spacious parklands.
University Park offers a variety of shopping experiences. The Plaza at Preston Center is a notable shopping center featuring high-end retail shops, boutiques, and dining options. Snider Plaza is another shopping hub known for its eclectic mix of local crafts, antique shops, and family-owned businesses, making it a local favorite.
For day-to-day necessities, residents typically visit well-known grocery chains such as Tom Thumb and Whole Foods. Furthermore, the city hosts several local markets that provide fresh produce and gourmet products.
Getting around University Park and the broader Dallas area is facilitated by several public transportation options. The city is served by the Dallas Area Rapid Transit (DART) which provides bus and light rail services. The Mockingbird Station, specifically, is a key transit point for many residents, connecting them to major employment centers and recreational venues.
For longer journeys, Dallas Love Field Airport is just a short drive away, offering regional and national flights. Although University Park does not have its own ferry service, the comprehensive network of roads and highways makes commuting and traveling relatively straightforward for residents.
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