Relocating to Dallas in search of blue skies, classic barbeque, and a bigger apartment? Turns out, you’re not the only one: The rental market is flooded by renters returning to Dallas after the pandemic, and the median price of renting in Dallas-Fort Worth has increased 7.2% since March 2020.
With higher rent, comes bigger security deposits, making it more expensive to move into an apartment, even before you have to pay rent! By using security deposit insurance or security deposit alternatives when you move, you can skip paying the cash security deposit altogether.
Sure, you could give your landlord a security deposit equal to one month’s rent (or more), or, you could use Rhino instead, and keep your cash where it belongs... in your hands. You can buy a non-refundable policy that on average only costs a small monthly fee as little as $4 per month versus forking over thousands of dollars upfront.
Landlords who offer security deposit insurance through Rhino don’t ask for a cash deposit, but instead use insurance to protect their property from unpaid rent and property damage, just like a traditional security deposit.
To get Rhino, all you need to do is find an apartment that accepts Rhino. Lucky for you, the five luxury apartment buildings below do accept Rhino, which means you could save on an apartment with incredible amenities in the heart of downtown Dallas.
The heat in Dallas is no joke, which is probably why The Heights at Park Lake has not just one but outdoor two infinity edge pools, and a sweet aqua lounge available for residents. When you’re done soaking in the sight of downtown Dallas from the deep end, you can lay out on your private wraparound patio for more high-rise views or escape to your cool apartment with in-unit air conditioning. Choose a loft, flat, or tower floor plan, and from one, two, and three bedroom apartment layouts, each built with sweeping hardwood floors, high ceilings, and stainless steel appliances.
Rental units here are available starting at $1550, with Rhino offered in place of a traditional security deposit!
Renting at Lakewood Flats comes with its perks: Namely covered parking in a state known for its unpredictable weather. Lakewood Flats offers one, two, and three bedroom apartments, but also luxury townhomes, with farmhouse style interiors, including dark hardwood floors, custom cabinets, granite countertops, and a rustic kitchen island. The overall effect is dreamy. Paired with modern necessities such as walk-in closets, deep soaking tubs, and the aforementioned covered parking, what more could you ask for?
Discover one-bedroom apartments, two-bedroom apartments, and three-bedroom apartments now available at Lakewood Flats, which, of course, accepts Rhino.
Perfectly located along the Katy Trail in uptown Dallas, Thirty377 is a gated community that knows what renters want: smart apartment amenities. Each rental unit enables the renter to have complete control over their habitat with a smart thermostat, smart locks for added security, and smart outlets. All apartments are also smart speaker compatible for when you want to soundtrack your daily routine. That’s the complete smart home package!
Convenience meets style: Apartments at Thirty377 include dark hardwood floors, full chef’s kitchens, and high ceilings with classic Southern design touches such as arched entryways and grand interior columns.
As appealing as the city of Dallas, is the county of Dallas. Namely, absolutely stunning Addison, Texas. For commuters, Addison is just a 20-minute drive, and a world away from downtown Dallas! Vitruvian West is a premiere luxury building located near the expansive Vitruvian Park, twelve acres of green space including an ideal spring creek, shops, restaurants, groceries and an outdoor music venue.
For those that work from home, it’s on the inside of the apartment that counts: Vitruvian West offers studio, one, two, and three-bedroom apartments stacked with sleek amenities including open-concept kitchens, spa-inspired bathrooms complete with glass steam showers, and a washer and dryer.
Shop these stellar apartments (with reasonable rent pricing) here, and remember to ask about Rhino when you meet with a property manager to save even more.
You might not think of Texas as pricey, but the sticker shock is very real in Dallas. In fact, rents are on the rise in almost all of the major cities in America, including Los Angeles and New York City. For the benefit of renters everywhere, apartments that accept Rhino are located nationwide, and security deposit insurance can give you financial relief and more control over your money during your move. When touring your next apartment, speak to property management about whether or not they offer Rhino, or use this guide during your apartment hunt to help you find the perfect and affordable place.