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Rental Insights for ZIP Code 75038 (Irving, TX)

Housing Rentals in ZIP Code 75038 (Irving, TX)

75038 ZIP Code in Texas

A Comprehensive Look at Rentals in the ZIP Code 75038

The 75038 ZIP Code is primarily associated with Irving, TX in Dallas County. The median housing rent payment in this region of Texas is $1,097 per month. About 83.1% of housing units in this Dallas County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 8.3%.

The median rent in ZIP Code 75038 of $1,097 per month is 5% higher than the aggregate Texas median monthly rent of $1,045, and is 3% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 49.1% of renters in ZIP Code 75038 pay between $1,000 and $1,499 per month for housing. That is 40% higher than in Texas overall, in which 35.0% of total state residents pay between $1,000 and $1,499 per month for housing. Just 0.1% of renters in this Irving, TX region pay $3,000 or more per month for rent.

ZIP Code 75038 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 75038

See the chart below for a comparison of monthly rental costs in ZIP Code 75038, Texas, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 75038 along with those in the state of Texas and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 75038

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 75038 Texas U.S.
Less than $500 0.8% 6.6% 9.4%
$500 to $999 37.1% 39.6% 36.2%
$1,000 to $1,499 49.1% 35.0% 30.0%
$1,500 to $1,999 10.7% 13.3% 14.0%
$2,000 to $2,499 1.6% 3.5% 5.6%
$2,500 to $2,999 0.6% 1.1% 2.4%
$3,000 or more 0.1% 0.9% 2.4%

Rent Cost vs. Income in ZIP Code 75038

Renters in ZIP Code 75038 use an estimated 26.22% of their income to cover their monthly rent payments. That is about 11% lower than in Texas overall. The estimate for Texas overall is 29.37% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 75038 renters use about 12% less of their income to cover rent expense. Household income figures for ZIP Code 75038 come in lower than in Texas as a whole. The median annual household income in ZIP Code 75038 of $61,692 sits approximately 0% lower than the overall Texas median income of $61,874 and approximately 2% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 75038

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 75038, Texas, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 75038 along with the same calculations in the state of Texas and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 75038

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 75038 Texas U.S.
Less than 15.0 percent 18.2% 13.2% 13.1%
15.0 to 19.9 percent 20.5% 13.6% 12.9%
20.0 to 24.9 percent 15.3% 13.6% 12.9%
25.0 to 29.9 percent 9.9% 11.8% 11.6%
30.0 to 34.9 percent 7.4% 9.1% 9.1%
35.0 percent or more 28.8% 38.6% 40.5%

Household Income in ZIP Code 75038

See the table below for the regional comparison of annual household income in ZIP Code 75038.

Income ZIP 75038 Texas U.S.
Less than $10,000 4.3% 6.1% 6.0%
$10,000 to $14,999 3.4% 4.0% 4.3%
$15,000 to $24,999 8.1% 8.9% 8.9%
$25,000 to $34,999 8.5% 9.3% 8.9%
$35,000 to $49,999 15.2% 12.5% 12.3%
$50,000 to $74,999 21.3% 17.6% 17.2%
$75,000 to $99,999 15.6% 12.5% 12.7%
$100,000 to $149,999 13.7% 15.0% 15.1%
$150,000 to $199,999 6.0% 6.7% 6.8%
$200,000 or more 3.8% 7.4% 7.7%

Household Income in ZIP Code 75038

See the chart below for a comparison of annual household income figures in ZIP Code 75038, Texas, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 75038 alongside the same figures for the state of Texas and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 75038

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 75038.

ZIP 75038 Texas U.S.
Median Housing Rent $1,097 $1,045 $1,062
Renter-Occupied Housing Units 83.1% 38.0% 36.0%
Rental Vacancy Rate 8.3% 7.8% 6.0%
Average Size of Renter-Occupied Unit 2.40 2.63 2.49
Average # of Bedrooms Per Unit 1.77 2.75 2.75
Percent of Income Spent on Rent 26.22% 29.37% 29.83%
Per Capita Income $34,005 $31,277 $34,103
Median Household Income $79,820 $87,260 $88,607
Living Below the Poverty Line 9.9% 11.3% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 75038

In ZIP Code 75038 (Irving, TX), and estimated 83.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 8.3%.

The per capita income in 75038 is estimated at $34,005, which goes along with an estimated median household income of $79,820. About 9.9% of residents in this Dallas County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.40 occupants, while the units have an aggregate average size of 1.77 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 26.22% of their income on housing rental costs.

Rental FAQs for ZIP Code 75038

1

What is the median monthly rent in ZIP Code 75038?

Median rent for housing in ZIP Code 75038 in Dallas County in Texas is approximately $1,097 per month.
2

Is it expensive to rent in ZIP Code 75038?

Rent in ZIP Code 75038 is higher than average in the state of Texas overall. The median monthly rent of $1,097 in ZIP Code 75038 is approximately 5% higher than the Texas median of $1,045. Additionally, median rent in this Irving, TX region ($1,097) is about 3% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 75038?

High-priced rentals are less common in ZIP Code 75038 than in Texas overall. The percentage of rentals in ZIP Code 75038 that cost $3,000 or more per month (0.1%) is about 89% lower than the Texas rate of 0.9% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 96% higher than the aforementioned 75038 rate of 0.1%.
4

Are affordable rentals common in ZIP Code 75038?

Affordable rentals are less common in ZIP Code 75038 than in Texas overall. The percentage of housing rentals in ZIP Code 75038 costing $999 or less per month (37.9%) is approximately 18% lower than the Texas rate of 46.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 17% higher than the previously mentioned 75038 rate of 37.9%.
5

What is the most common cost range that rentals fall into in ZIP Code 75038?

The most common range for rental cost in ZIP Code 75038 is between $1,000 and $1,499 per month. About 49.1% of renters in 75038 pay in this range for monthly rent. In comparison, approximately 35.0% of renters in the state of Texas fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 75038 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 75038 is higher than the rental vacancy rate in the state of Texas overall. Rental vacancy of 8.3% in ZIP Code 75038 is about 6% higher than the Texas rate of 7.8%. Looking more broadly, rental vacancy in this Irving, TX region (8.3%) is an estimated 38% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 75038? How does it compare to other Texas regions?

Median household income in ZIP Code 75038 is lower than in the state of Texas overall. Annual household income of $61,692 in ZIP Code 75038 is about 0% lower than the Texas median of $61,874. Additionally, median household income in this Irving, TX region ($61,692) is approximately 2% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 75038 spend on housing costs?

Renters in ZIP Code 75038 spend a lower amount of their income on rent costs than do renters in Texas overall. Renters in ZIP Code 75038 spend an estimated 26.22% of their income on rent payments, which is about 11% lower than the overall Texas estimated rate of 29.37%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 12% higher than the ZIP Code 75038 estimated rate of 26.22%.
9

Do renters in ZIP Code 75038 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 75038 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 75038 spending 30 percent or more of their income on rent costs (36.2%) is approximately 24% lower than the Texas rate of 47.7% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 27% higher than the aforementioned 75038 rate of 36.2%.
10

What is the average household size of renter-occupied units in ZIP Code 75038?

The average household size of renter-occupied units in ZIP Code 75038 is lower than in the state of Texas overall. Annual household size of 2.40 in ZIP Code 75038 is about 9% lower than the Texas median of 2.63. Additionally, median household size in this Irving, TX region (2.40) is approximately 4% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Texas ZIP Codes