Described as the suburbs of Dallas, Irving is less than an hour’s drive from Fort Worth, with a population of about 239,798 people. The city is renowned for its love for horses and multicultural events. Many people who plan to move to the city have one primary concern, the cost of living in Irving, Texas.
Irving is becoming a popular residential place for people due to the ever-increasing job opportunities and proximity to the Dallas Fort-Worth International Airport. Living in Irving offers a mixture of urban and country lifestyles because of the availability of standard social amenities and traditional culture.
How Much Is the Cost of Living in Irving, Texas?
Currently, the cost of living in Irving is slightly higher than the national average. This high cost of living results from increased food costs, transportation, and housing globally over the last few years. However, the living cost varies based on real estate, the area’s market value, the average salary you earn, and your career.
Health care costs in Irving contribute significantly to the overall cost of living. Texas is among the top five out of all states to offer affordable health care to its residents. Health care access is determined by how difficult it is for people to get these services when in need of them.
According to the Observer, Texas has been experiencing hotter summers, which has significant impacts on air conditioning costs. Therefore, expect an increase in the cost of living during the summer because higher utility bills directly impact the cost of living.
However, the availability of job opportunities, serene outdoor spaces, and proximity to the international airport makes Irving a suitable place for renters of all types, including single individuals, couples, and families with kids.
Irving’s utility prices surpass the national average by about 4% but expect to spend approximately 1% lower than the national average on transportation expenses, such as bus fares and gas prices.
Before moving to Irving, conduct research about all the expenses and fees you are likely to incur while living there, such as car registration fees and taxes or local automobile insurance rates.
How Expensive Is an Apartment in Irving, Texas
The cost of renting an apartment is one of the leading causes of the high cost of living in Irving, Texas. Over the past year. rent in Irving has decreased by 2% overall.
For a modern place that comes with no furniture, expect the average rent in Irving to range as follows:
- $1,206 per month for a studio apartment
- $1,095 per month for a one-bedroom apartment
- $1,499 for a two-bedroom apartment
Three-bedroom apartments and freestanding mansions attract prices of up to $5,000 without accounting for utilities and maintenance fees.
How Do I Find Cheap Apartments in Irving, Texas?
Several factors determine the cost of an apartment, including your daily transportation costs, the amenities you want, and your preferred location, which can significantly impact your overall cost for renting. A prime location is usually in a business district or an area close to where you work.
Explore the following factors to assist you in finding a cheap apartment:
- Consider your preferences: Being on a budget should not lead to a compromise on your quality of life. As such, you should consider your commute time and whether you want pets, roommates, overnight guests, or a smoking or nonsmoking apartment.
- Use Zumper: Use Zumper to find verified properties to reserve on the spot and lease entirely online. You’ll be able to apply without competition and find out whether you’re approved within 24 hours using Zumper’s Instarent feature. You can also browse real-time listings to look for new rental units and sign up for notifications so that you will know when new rental properties are available in Irving, Texas.
- Find a roommate: You can use various resources to look for a roommate in Irving, Texas. When making your request, include information about your ideal budget, neighborhoods, and your preferred roommate.
- Move during low season: The popular moving seasons usually affect rent prices because demand for apartments is higher. Check whether there are universities and colleges nearby and avoid moving during the start of semesters.
- Choose middle-floor units: Rent prices are often costlier in the lower and higher levels of apartment complexes because many people prefer easy access and great views from their homes. Looking for middle-floor units can significantly reduce your rent.
What Is the Cheapest Rent in Irving, Texas?
You can secure an apartment for as low as $709, depending on your bargaining power and personal requirements. In Irving, you can also find several units for rent with monthly offers and special discounts. Take advantage of these discounts to cut your costs of renting an apartment.
Since utilities also contribute to a significant portion of the rent, consider minimizing such expenses to pay the cheapest rent. Some of the extra costs incurred in a rental house include water, electricity, and home maintenance fees. The average price of the leading utility bills in the city is about $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 the location and other factors. The electricity bill will take the most considerable portion of your utility budget. Therefore, it is vital to inquire about these charges from your landlord before signing a lease. The apartment’s size and the types of appliances you use are the two main contributing factors determining energy consumption.
When calculating the cost of living in Irving, Texas, you have more to consider than the rent alone. Ready to get your search on? Find thousands of Irving and Dallas-area apartments for rent on Zumper.
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