Based on a study made by Census ACS survey, in the Department of Numbers, the median monthly gross residential rent in the Dallas-Fort Worth-Arlington metropolitan area, which accurately reflects rental rates is $949 in 2014.
Compared to the US Median Gross Rent of $934 and the Texas Median Gross Rent of $896, the Dallas, Texas Median Gross Rent is higher.
In contrast, the Three60 North Home Apartment median gross rent for its four introduced apartment floor plans, namely, the Merion, Westchester, Augusta and Oakmont is $722 which is significantly lower than the Dallas rate in 2014.
Except for the Westchester which has the highest rental rates among the four at $960, higher than the Dallas metro area and US Median Gross Rent, but which is justified due to its relatively large 902 square-foot area and 1.5 bathroom, all the rest of the floor plan units of Three60 North Home Apartment Residents are affordable for middle income and lower middle income residents.
This also indicates that Three60 North Home Apartment Residents come from various professional backgrounds and are relatively well educated, and have more or less regular and stable incomes.
It should be noted that the Three60 North Home Apartment median gross rental rate of $722 is much lower than the Dallas metro area median gross rent at $896, a difference of $174 is already more than enough incentive for potential residents to come and stay at the Three60 North Home Apartments complex at 1450 North State Highway 360, Grand Prairie, Texas.
On the basis of the cursory report on resident ratings and reviews published online, and the overall positive feedback given by the respondents on the entire Three60 North Home Apartments complex, in the Ratings and Reviews from a sample of residents who gave their opinion on five dimensions or issues, Three60 North Home Apartment Residents who have stayed at the complex are either on official business for the private or government sectors, and, or are in Texas for study and research.
In addition, the observation that there is a steady flow of out-migration from California due to high home prices, which includes apartment prices, could confirm the perception that some of the Three60 North Home Apartment Residents who arrived in Texas and stayed at the relatively lower-priced but high quality apartment units of Three60 North Home Apartments have come from California and nearby states where the rental rates are not that affordable anymore.
Therefore, there is a great potential for Three60 North Home Apartments to increase the number of Three60 North Home Apartment Residents in 2017 due to the influx of in-migrants to Texas from California. You can visit site : http://www.three60north.com/
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