City Description
Fort Worth, in the state of Texas, is a city with its roots in American history. It was a city established over 170 years ago as the northernmost fort protecting the American Frontier (think the Wild West). Today, Fort Worth is a popular city with a population of close to a million residents.
Due to its rich history, museums and landmarks are-a-plenty in Fort Worth – these include:
- Kimbell Art Museum
- Fort Worth Museum of Science and History
- National Cowgirl Museum and Hall of Fame
- Fort Worth Stockyards National Historic District
- Cowtown Coliseum
Of course, Fort Worth isn’t just a cowboy town – there are living options ranging from older properties through to modern apartments here too. Community events, performances and a nearby airport are all accessible by Fort Worth locals.
Overall Average and Median Rent in Fort Worth
The overall average rent per month in Fort Worth ranges from $1,101 to $2,227. The overall median rent per month in Fort Worth ranges from $1,348 to $2,063. These values are based on all property types, from studios up to 4 and more bedroom properties. See below for a summary of overall rental prices per month from each data source we have referred to, for the month of January 2023.
| Source | Average Rent | Median Rent |
| apartments.com | $1,101 | – |
| redfin.com (Jun 2022 data) | $2,227 | – |
| zillow.com | – | $2,063 |
| apartmentlist.com | – | $1,348 |
| renthop.com | – | $1,950 |
Studio Average and Median Rent in Fort Worth
The average rent for a studio per month in Fort Worth ranges from $1,100 to $1,139. The median rent for a studio per month in Fort Worth ranges from $1,108 to $1,341. These values are based on a studio property, which is a self-contained space without separate rooms, except for the bathroom. There is no separate bedroom but usually there is an attached kitchenette. See below for a summary of studio rental prices per month from each data source we have referred to, for the month of January 2023.
| Source | Average Rent | Median Rent |
| apartments.com | $1,139 | – |
| rentable.co | $1,100 | – |
| zillow.com | – | $1,341 |
| zumper.com | – | $1,221 |
| renthop.com | – | $1,108 |
1 Bedroom Average and Median Rent in Fort Worth
The average rent for a 1 bedroom property per month in Fort Worth ranges from $1,101 to $1,260. The median rent for a 1 bedroom property per month in Fort Worth ranges from $1,100 to $1,337. These values are based on all 1 bedroom property types. These can include 1 bedroom apartments, condos, townhouses and houses. 1 bedroom properties have a separate bedroom, unlike studio apartments. See below for a summary of 1 bedroom rental prices per month from each data source we have referred to, for the month of January 2023.
| Source | Average Rent | Median Rent |
| apartments.com | $1,101 | – |
| rentable.co | $1,260 | – |
| zillow.com | – | $1,337 |
| apartmentlist.com | – | $1,138 |
| zumper.com | – | $1,218 |
| renthop.com | – | $1,100 |
2 Bedroom Average and Median Rent in Fort Worth
The average rent for a 2 bedroom property per month in Fort Worth ranges from $1,390 to $1,520. The median rent for a 2 bedroom property per month in Fort Worth ranges from $1,311 to $1,750. These values are based on all 2 bedroom property types. These can include 2 bedroom apartments, condos, townhouses and houses. See below for a summary of 2 bedroom rental prices per month from each data source we have referred to, for the month of January 2023.
| Source | Average Rent | Median Rent |
| apartments.com | $1,390 | – |
| rentable.co | $1,520 | – |
| zillow.com | – | $1,750 |
| apartmentlist.com | – | $1,311 |
| zumper.com | – | $1,575 |
| renthop.com | – | $1,500 |
3 Bedroom Average and Median Rent in Fort Worth
The average rent for a 3 bedroom property per month in Fort Worth ranges from $1,808 to $1,950. The median rent for a 3 bedroom property per month in Fort Worth ranges from $1,998 to $2,050. These values are based on all 3 bedroom property types. These can include 3 bedroom apartments, condos, townhouses and houses. See below for a summary of 3 bedroom rental prices per month from each data source we have referred to, for the month of January 2023.
| Source | Average Rent | Median Rent |
| apartments.com | $1,808 | – |
| rentable.co | $1,950 | – |
| zillow.com | – | $2,039 |
| zumper.com | – | $1,998 |
| renthop.com | – | $2,050 |
4 or More Bedroom Average and Median Rent in Fort Worth
The average rent for a 4 or more bedroom property per month in Fort Worth is approximately $2,400. The median rent for a 4 or more bedroom property per month in Fort Worth ranges from $2,375 to $3,373. These values are based on all 4 or more bedroom property types. These can include 4 or more bedroom apartments, condos, townhouses and houses. See below for a summary of 4 or more bedroom rental prices per month from each data source we have referred to, for the month of January 2023.
| Source | Average Rent | Median Rent |
| rentable.co | $2,400 | – |
| zillow.com | – | $3,373 |
| zumper.com | – | $2,375 |
| renthop.com | – | $2,495 |
Most Expensive Neighborhoods to Rent in Fort Worth
It’s not a surprise that some of the most popular places to rent in Fort Worth, are also the most expensive. According to zerodown.com, the below are the top 5 most expensive neighborhoods to rent in Fort Worth.
- Downtown Fort Worth
- Colonial Hills
- Westcliff West
- Berkeley Place
- Park Hill
Cheapest Neighborhoods to Rent in Fort Worth
According to areavibes.com, the below are some of the cheapest neighborhoods to rent in Fort Worth. The median rent from this list below can start from only $660 per month, which is almost half of the $1,348 to $2,063 rent across the whole of Fort Worth.
- Northside
- Southside
- Southeast
- Northeast
- Western Hills-Ridglea
Rental Trends in Fort Worth
According to redfin.com’s Data Center, their average monthly rent estimate, for all of Fort Worth, was $1,714 in February of 2021. This went up to $2,227 for June of 2022. That’s a 30% increase in a 16 month period.
Is it Cheaper to Buy or Rent in Fort Worth?
The trend of buy vs rent has been consistent over the past year and a half. Based on a down payment of 5%, the previous chart suggests that it has been consistently cheaper to pay off the mortgage than to rent. The cost gap has been large until recently, and the trend lines may even equal or cross over in the near future, due to changing market conditions.
Average vs Median Rent
The average value is generally calculated by summing all available values and dividing it by the total number of values. The median value is usually obtained by ordering all values in ascending order and taking the exact middle position’s value (so that half of the values are higher and half are lower). This is why average and median values can be different.
Furthermore, average and median rental prices will vary depending on where the data is taken from. Some of the sources are based on the total collection of their own rental listings, while others are based on estimates and predictions using their own in-house methodologies and/or US Census data. Rental figures were obtained at the time of writing this article and are always changing.