Apartments for Rent
Apartments for Rent

Dallas Apartments for Rent

Frequently Asked Questions

Oak Cliff, South Dallas, and Lake Highlands consistently offer some of the lowest rental prices in the city, with one-bedroom apartments often ranging from $1,100 to $1,700 per month. These neighborhoods provide more square footage per dollar compared to central areas like Uptown, though commute times to downtown Dallas are typically 10–25 minutes by car. Renters willing to trade walkability for space will find the best value in these areas.
Yes, Dallas rents have softened meaningfully compared to the 2021–2022 peak, largely due to a significant wave of new apartment supply delivered across the metro in 2023 and 2024. Industry data suggests effective rents — factoring in concessions like free months and waived fees — have declined more than headline asking rents indicate. Renters currently have more negotiating leverage than at any point in the past three years, particularly at newer luxury properties with high vacancy rates.
Dallas is moderately priced compared to major coastal metros like New York, Los Angeles, or Seattle, but costs have risen substantially since 2020. The average apartment rent is approximately $1,933 per month, and when combined with Texas's lack of a state income tax, the overall cost of living remains competitive for a major U.S. city. However, Dallas residents should budget for car ownership and fuel costs, as the city's public transit network is limited outside of a few central corridors.
Most Dallas apartments do not include utilities in the base rent, though some older or smaller complexes bundle water and trash into a flat monthly fee. Electricity, gas, and internet are almost universally billed separately. Renters in high-rise buildings should expect electricity bills of $80–$150 per month depending on unit size and season, with summer cooling costs in July and August running at the higher end of that range.
The standard lease term in Dallas is 12 months, though 6-month and month-to-month options are available at a premium of roughly 10–20% above the base rate. Security deposits typically equal one month's rent, though some properties charge a flat fee of $200–$500 in lieu of a traditional deposit. Application fees generally range from $50 to $100 per adult applicant and are usually non-refundable regardless of approval outcome.
Connecting with a local Dallas apartment expert is the best & fastest way to find apartments in Dallas. You'll get access to all the current rent specials in Dallas, get a custom list of recommended buildings (some of which you might not even know about), and sign your next lease with confidence.
Apartment policies regarding AirBnB change frequently, so for the most accurate list, we recommend reaching out to one of our Locators for the most up-to-date information.
It is best to start looking for apartments in Dallas 10 weeks before your move-in date. 10 weeks will allow you to see all of the inventory available, and also give you plenty of time to tour units and consider your options.
Apartment listing websites can be great for preliminary research, but working with a Locator allows you to ask questions, get personalized suggestions, find buildings you might not have found on your own, find the best rent discounts, and ultimately sign a lease in a place that you love with zero stress and absolute confidence.
Disclaimer

Pricing, availability, and concessions are subject to change at any time and without notice. Photos may be of various model units and apartment availability and lease terms may vary. Information is believed to be accurate, however is subject to errors and omissions. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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Magnolia Station

1607 Lyte StDallas, TX
Victory Park


Magnolia Station Apartments

7 Apartments available | Updated 6 hours ago

Building Price Trend


Magnolia Station Overview and Highlights

Overview

Magnolia Station: A Historic and Modern Apartment Experience in Dallas


Magnolia Station in Dallas is a unique apartment community that blends historic charm with modern urban living. Originally built in 1909 as the Magnolia Oil Company’s office, this carefully restored building now offers luxury loft-style living right in the heart of Victory Park, close to many top Dallas attractions.


Contemporary Urban Living with Vintage Soul


Magnolia Station offers one, two, and three bedroom apartments featuring a mix of contemporary and vintage loft-style design elements. Residents enjoy spacious layouts with open floor plans, high ceilings ranging from 9 to 18 feet, exposed brick walls, and stained concrete floors in select units. Kitchens are equipped with stainless steel EnergyStar appliances, granite countertops, designer backsplashes, kitchen islands, custom cabinets, and brushed nickel fixtures. Bathrooms boast walk-in showers, oval tubs, and tile flooring in many homes. Many apartments include large walk-in closets, ceiling fans, wood floors, and private patios or balconies.


Prime Location in Victory Park, Dallas


Magnolia Station is perfectly situated in Victory Park, a vibrant Dallas neighborhood known for entertainment, dining, and culture. It is located just steps from the American Airlines Center, the home arena for the Dallas Mavericks and Dallas Stars, and nearby entertainment venues like the House of Blues and the Perot Museum of Nature and Science. Outdoor enthusiasts appreciate immediate access to the Katy Trail, a 3.5-mile walking, jogging, and bike path, as well as Reverchon Park, ideal for running or relaxing.


Excellent Transit Access and Neighborhood Amenities


The community offers convenient access to Dallas Area Rapid Transit (DART) commuter rail and the Trinity Railway Express, enabling easy travel to downtown Dallas, Fort Worth, and Dallas-Fort Worth International Airport. Residents also enjoy proximity to local shops and grocery options like Whole Foods Market.


Luxurious Community Features


Magnolia Station residents benefit from upscale amenities including a rooftop lounge with panoramic views of Victory Park and downtown Dallas, perfect for gatherings or relaxing outdoors. The community also features a resort-style swimming pool known as The Plunge with outdoor lounging areas, an urban clubhouse with a coffee bar, a fully equipped fitness center with strength and cardio equipment, an onsite laundry facility, controlled access, elevators, reserved covered parking, barbecue grills, and an intimate landscaped courtyard with direct access to the Katy Trail.


A Unique Living Experience


Combining vintage soul with modern spirit, Magnolia Station offers a refined living experience in a historic building updated with contemporary finishes. Its central location in Victory Park delivers unparalleled access to Dallas’s cultural and recreational highlights while providing a stylish, well-appointed home with loft character and urban convenience. The attentive management and maintenance staff have earned positive resident feedback for responsiveness and upkeep, contributing to a comfortable and professional living environment.


For those seeking a distinctive Dallas apartment that honors its past while offering present-day luxury and lifestyle amenities, Magnolia Station stands out as a premier choice in Victory Park.

Address

1607 Lyte StDallas, TX

Building Type

Rental

Year Built

2017

Amenities

Cats
Dogs
Parking
Fitness Center
Outdoor Pool
Storage Room

Frequently Asked Questions

There are 7 units available at Magnolia Station, as of 6 hours ago.
Magnolia Station is located in the Victory Park neighborhood of Dallas.
Prices & availability for Magnolia Station were updated 6 hours ago.
It is unclear if apartments at Magnolia Station have in-unit laundry, however, the building does have on-site laundry facilities.
Yes! You can reach out here to get in touch with a locator and see virtual tours, videos of specific units, and get more information on individual units.
Magnolia Station has no reviews at this time on our site.
Yes, Magnolia Station allows cats.
Yes, Magnolia Station allows dogs. Please note that breed and size restrictions may apply.

Location & Neighborhood

Victory Park


From The Blog


Disclaimer

Pricing, availability, and concessions are subject to change at any time and without notice. Photos may be of various model units and apartment availability and lease terms may vary. Information is believed to be accurate, however is subject to errors and omissions. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.