A Guide to the Cost of Living in Irving, TX

A view of the rooftops of Las Colinas with Lake Carolyn in Irving, Texas.

Described as the suburb of Dallas, Irving is less than an hour’s drive from Fort Worth, with a population of approximately 239,798. The city is renowned for its love of horses and multicultural events. One primary concern of many people who are considering relocating to the city is the cost of living in Irving, Texas.

Irving is emerging as a popular residential location for people due to ever increasing employment opportunities and proximity to Dallas Fort-Worth International Airport. Living in Irving offers a mix of urban and country lifestyles due to the availability of standard social amenities and traditional culture.

What’s the cost of living in Irving, Texas?

Currently, the cost of living in Irving is slightly above the national average. This high cost of living is a result of the increase in the prices of food, transport and housing globally in recent years. However, the cost of living varies depending on real estate, the market value of the area, the average salary you make, and your career.

The costs of health care in Irving contribute significantly to the overall cost of living. Texas is among the top five of all states to provide affordable health care to its residents. Access to health care is determined by how difficult it is for people to get these services when they need them.

According to the Observer, Texas has experienced hotter summers, which has significant impacts on air conditioning costs. Therefore, expect the cost of living to increase during the summer as higher utility bills directly impact the cost of living.

However, the availability of employment opportunities, serene outdoor spaces, and proximity to the international airport make Irving a suitable location for renters of all types, including singles, couples, and families with children.

Irving utility prices exceed the national average by about 4%, but plan to spend about 1% less than the national average on transportation costs, such as bus fares and gas prices .

Before moving to Irving, research all the expenses and fees that you are likely to incur while living there, such as license fees and taxes or local auto insurance rates.

How much does an apartment cost in Irving, Texas

The cost of renting an apartment is one of the main causes of the high cost of living in Irving, Texas. Over the past year. the rent to Irving was down 2% overall.

For a modern place with no furniture, expect the average rent in Irving to vary as follows:

  • $ 1206 per month for a studio
  • $ 1095 per month for a one bedroom apartment
  • $ 1,499 for a two-bedroom apartment

Three-bedroom apartments and self-catering mansions fetch prices up to $ 5,000 without considering utilities and maintenance costs.

How Do I Find Cheap Apartments in Irving, Texas?

There are several factors that determine the cost of an apartment, including your daily transportation costs, the amenities you want, and your preferred location, which can have a significant impact on your overall rental cost. A prime location is usually in a business district or an area close to your workplace.

Explore the following factors to help you find a cheap apartment:

  • Consider your preferences: Being on a budget doesn’t have to lead to a compromise on your quality of life. As such, you need to consider your commute time and whether you want pets, roommates, overnight guests, or a smoking or non-smoking apartment.
  • Using Zumper: Use Zumper to find verified properties to book on-site and rent fully online. You will be able to apply without competition and find out if you are approved within 24 hours using Zumper’s Instarent feature. You can also browse real-time listings to search for new rental units and sign up to receive notifications so you know when new rental properties are available in Irving, Texas.
  • Find a roommateyou: You can use a variety of resources to find a roommate in Irving, Texas. When making your request, include information about your ideal budget, neighborhoods, and your preferred roommate.
  • Getting around in low season: Popular moving seasons usually affect rental prices as the demand for apartments is higher. Check if there are universities and colleges nearby and avoid moving around early in the semester.
  • Choose units on the ground floor: Rental prices are often more expensive in the lower and upper levels of apartment complexes, as many people prefer easy access and great views from their homes. Finding ground floor units can dramatically reduce your rent.

What’s the cheapest rent in Irving, Texas?

You can get an apartment for as little as $ 709, depending on your bargaining power and personal needs. In Irving, you can also find several units for rent with monthly offers and special discounts. Take advantage of these discounts to reduce your apartment rental costs.

Since utilities also contribute a significant portion of rent, consider minimizing these expenses to pay the cheapest rent. Some of the additional costs incurred in a rental home include water, electricity, and house maintenance costs. The average price of the city’s major utility bills is around $ 340 per month. Gas costs an average of $ 40, electricity $ 250 and water $ 50 per month.

However, the actual cost of utilities varies depending on location and other factors. The electric bill will take the biggest part of your utility budget. Therefore, it is essential to find out about these fees from your landlord before signing a lease. The size of the apartment and the types of appliances you use are the two main factors that determine energy consumption.

When calculating the cost of living in Irving, Texas, you have more to consider than the rent alone. Ready to start your research? Find thousands of apartments for rent in and around Irving and Dallas on Zumper.

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