What is the average Class A rent in Dallas?

Around 36 USD/sqft/yr ($36 USD) across the broader Class A index. Trophy submarkets like Uptown command 20–40% above that.

How many months of rent-free are normal in Dallas?

16 months on a 10-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Dallas?

The Dallas Class A market is currently flat. Vacancy is 24.3%, which sets the negotiating context.

Headline Class A rent in Dallas is around 36 USD/sqft/yr ($36 USD), with 16 months of typical rent-free on a 10-year term.

Headline Class A rent: 36 USD/sqft/yr ($36 USD).
Trophy submarket rents (Uptown) push to roughly $58/sqft/yr.
Typical concessions on a 10-year deal: 16 months free rent.
Vacancy stands at 24.3% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Dallas Class A office rents and incentives

Headline Class A rent in Dallas is around 36 USD/sqft/yr ($36 USD), with 16 months of typical rent-free on a 10-year term.

TL;DR

Headline Class A rent: 36 USD/sqft/yr ($36 USD).
Trophy submarket rents (Uptown) push to roughly $58/sqft/yr.
Typical concessions on a 10-year deal: 16 months free rent.
Vacancy stands at 24.3% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Dallas are quoted in USD per sqft per year. Across the broad Class A index the figure is 36, but the trophy tier in Uptown reaches roughly $58/sqft/yr. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Dallas concessions on a 10-year Class A lease run to 16 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — 21% federal corporate income tax. No Texas state income tax. Texas franchise tax of 0.75% on margin. Property tax burden is elevated — model carefully into occupancy cost.

Where rents land by submarket

Uptown sits at the top end (~$58/sqft/yr). Victory Park clears around $54/sqft/yr as the prime tier. Las Colinas (Irving) represents the value end at ~$32/sqft/yr. The full submarket map is on the Dallas city page.

Key facts

city	Dallas
country	United States
region	Americas
classARentLocal	36 USD/sqft/yr
classARentUsd	$36/sqft/yr
vacancy	24.3%
typicalLeaseYears	10
typicalRentFreeMonths	16
submarkets	6
primeYieldPct	7%
trophyRent	$58/sqft/yr
primeRent	$54/sqft/yr

Frequently asked questions

What is the average Class A rent in Dallas?: Around 36 USD/sqft/yr ($36 USD) across the broader Class A index. Trophy submarkets like Uptown command 20–40% above that.
How many months of rent-free are normal in Dallas?: 16 months on a 10-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Dallas?: The Dallas Class A market is currently flat. Vacancy is 24.3%, which sets the negotiating context.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction