Grand Prairie, Texas is a part of the Grand Prairie submarket area, and contains 5 zip codes: 75051, 75054, 75052, 75053, and 75050.
The 2019 average effective rent for Class A, B, and C apartments in the Grand Prairie, TX submarket area was $1,154, which is 53.05% higher than 2014 average rent. This represents a compounded annual growth rate of 8.88%. 2019 vacancy in Grand Prairie, TX was 6.90%.
The total population of the city of Grand Prairie, TX has grown 10.96% since 2010. As of 2018, the population was 194,614. The median household income of the Grand Prairie was $65,249, which is 8.22% higher than the national average.