Last updated
Average Rent in Garland 75040 & Rent Trends
Rent prices and market trends across 4 apartment communities in Garland 75040, Garland, TX. Updated daily.
Market Average
$1,429/mo
▲ +14.6% from last month
Lowest Available
$1,155/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
35
available now
Garland 75040 vs Garland, TX Average
Garland 75040 is more expensive the Garland, TX average by $202/mo (16%). The citywide average is $1,227/mo across all neighborhoods.
Is Rent Going Up or Down in Garland 75040?
As of May 2026, the average rent in Garland 75040 is $1,429 per month across 4 apartment communities and 35 available units. Rents have increased $212 (14.6%) over the past month.
The most affordable option is Oaks 5th Street Crossing at City Station starting at $1,155/mo. By unit type, a 1-bedroom averages $1,429/mo.
Prices range from $1,155 to $1,806 per month. The most common price point is the $1,200 range, where 13 units are currently listed.
Garland 75040 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Garland 75040
Rent Prices by Apartment in Garland 75040
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Oaks 5th Street Crossing at City Station | $1,155/mo | $1,197/mo | 8 | 4.1 |
| Woodlands at the Preserve | $1,255/mo | $1,442/mo | 14 | 3.7 |
| Oaks 5th Street Crossing At City Center | $1,335/mo | $1,411/mo | 6 | 4.1 |
| Alta Firewheel | $1,521/mo | $1,683/mo | 7 | 4.9 |
Google Search Trends for Garland 75040 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Garland 75040
What is the average rent in Garland 75040?
Is rent going up or down in Garland 75040?
What is the cheapest apartment in Garland 75040?
How much is a 1-bedroom apartment in Garland 75040?
How many apartments are available in Garland 75040?
What salary do I need to live comfortably in Garland 75040?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$57,000/year
30 percent rule -- using our average rent of $1,429/mo.
Comfortable income
$69,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,155/mo), you need to earn at least $46,000/year.
Median household income in Garland 75040 is $74,717 , about 9% above the comfortable-living threshold.
Cost of living in Garland 75040
Overall prices in Garland 75040 runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Garland 75040's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,429 |
| Utilities | $507 |
| Groceries | $560 |
| Transportation | $1,208 |
| Healthcare | $589 |
| Other goods and services | $943 |
| Estimated total | $5,235/mo |
Population
245,298
Median household income
$74,717
Census median rent
$1,525/mo
Rent as % of income
32.2%
Median age
34.7
Mean commute
30 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Garland 75040 Apartments
Browse all 4 communities with daily-updated pricing and availability.