E1
Studio • 1 Bath • 504 Sq Ft
Starting at $1,271/mo
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$1,271 – $2,230/mo
As of October 13, 2026, Park 5940 MD in Dallas, TX has 29 apartments for rent from $1,271 to $2,230/mo. Studios start at $1,271, one-bedrooms at $1,635, and two-bedrooms at $1,999. The average asking rent has fallen 1.3% since May 16, 2026, from $1,824 to $1,801.
9 floor plans · 29 available units · Prices checked October 13, 2026
Studio • 1 Bath • 504 Sq Ft
Starting at $1,271/mo
Studio • 1 Bath • 540 Sq Ft
Starting at $1,288/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 2003 | $1,288 | 540 | Oct 13 |
1 Bedroom • 1 Bath • 644 Sq Ft
Starting at $1,635/mo
1 Bedroom • 1 Bath • 770 Sq Ft
Starting at $1,652/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 1083 | $1,652 | 770 | Nov 3 |
1 Bedroom • 1 Bath • 750 Sq Ft
Starting at $1,652/mo
1 Bedroom • 1 Bath • 586 Sq Ft
Starting at $1,715/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| 4007 | $1,715 | 586 | Oct 13 |
1 Bedroom • 1 Bath • 895 Sq Ft
Starting at $1,778/mo
2 Bedrooms • 2 Baths • 1,110 Sq Ft
Starting at $1,999/mo
See all 70 units listed at Park 5940 MD, including ones no longer available.
Over the past year, the average asking rent at Park 5940 MD has ranged from $1,699 to $1,912. The current average is $1,801, down $23 (1.3%) from $1,824 at the start.
| Month | Average asking rent | Lowest – highest | Units listed |
|---|---|---|---|
| Oct 2026 | $1,809 | $1,251 – $2,285 | 29 |
| Sep 2026 | $1,773 | $1,251 – $2,306 | 28 |
| Aug 2026 | $1,700 | $1,257 – $2,296 | 25 |
| Jul 2026 | $1,759 | $1,385 – $2,509 | 35 |
| Jun 2026 | $1,894 | $1,506 – $2,627 | 30 |
| May 2026 | $1,856 | $1,492 – $2,625 | 28 |
Rent
$1,271 – $2,230/moLease term
12 monthsEarliest move-in
Oct 13Estimated Monthly Add-Ons | $34.83/mo |
The all-in monthly cost by apartment size, and how the rent compares across the Dallas area.
$1,548/mo
$277/mo above the advertised rent
Rent
$1,271
Estimated Monthly Add-Ons
$35
Electric, gas, water
$149
Internet
$76
Renters insurance
$17
All-in monthly
$1,548
| Size | Rent from | All-in monthly | Income to qualify |
|---|---|---|---|
| Studio | $1,271 | $1,548 | $45,756/yr |
| 1 bedroom | $1,635 | $1,928 | $58,860/yr |
| 2 bedrooms | $1,999 | $2,369 | $71,964/yr |
Landlords commonly look for a monthly income of three times the rent, about $45,756 a year for the $1,271 studio. The median renter household in Dallas earns $57,052 a year.
The median one-bedroom at Park 5940 MD asks $1,743 a month, 42% above the Dallas area's typical one-bedroom asking rent of $1,224. Typical asking rents across the area are down 2.3% from a year earlier.
| Size | Median asking rent here | Dallas-area asking rent | Dallas rent paid |
|---|---|---|---|
| Studio | $1,288 | — | $1,335 |
| 1 bedroom | $1,743 | $1,224 | $1,354 |
| 2 bedrooms | $2,148 | $1,453 | $1,607 |
Can you afford it? Rent affordability calculator for Dallas
Automated Package Locker
Business Center
Close To Public Transportation
Community Garden
Courtyard
Covered Parking
Cyber Lounge
Fitness Center
Game Room
Grab & Go Market
Green Certified
Grilling Area
Grilling Stations
Lush Landscaping Throughout The Community
Outdoor Kitchen
Oversized Package Acceptance
Package Acceptance
Recycling
Shuffleboard Court
Spin Room
3rd Floor
Additional Storage Available
Bike Storage
Ceiling Fans With Light Kits In All Living Room And Bedrooms
Energy Star® Stainless Steel Appliance Package With Double-Door Refrigerators
Floor To Ceiling Windows
Full-Size Washers And Dryers* With Connections In All Homes
Granite Countertops
Granite Countertops Throughout
Hardwood Cabinetry With 42-Inch Uppers
Home Intrusion Alarms
Laminate Flooring
Luxurious Spa Showers*
Over-Sized Roman Tubs With Ceramic Tile Surrounds*
Pool Views*
Spacious 9’6’’ Ceilings Throughout Home
Stainless Steel Appliances
Two-Inch Faux Wood Blinds
Under Cabinet Lighting In Kitchens With Tumbled Marble Backsplashes
Walk-In Closets
Washer And Dryer
Washer/Dryer
5940 Forest Park Rd, Dallas, TX, 75235
Park 5940 MD offers a well-maintained property with responsive maintenance service and convenient proximity to UT Southwestern Medical Center, making it popular among medical professionals and students. Staff professionalism and communication are generally praised, though some residents report concerns about parking policies, move-out billing practices, package security, and pricing transparency. The facility features quality amenities including pools, gym, and modern appliances, with a quiet, professional community atmosphere.
Management and leasing staff are consistently praised for responsiveness, professionalism, and helpfulness, with most residents reporting prompt issue resolution and accommodating service. Maintenance teams receive strong recognition for timely repairs and courteous interactions. However, some residents report concerns about move-out billing practices, parking enforcement communication, and leasing office demeanor, with a small number describing dismissive or inconsistent staff interactions.
The property offers well-maintained amenities including multiple pools, a gym, and secure parking, with responsive maintenance staff who typically address requests within a day. Common areas and shared spaces are consistently kept clean. However, some residents report concerns with package security and theft, as well as occasional pest issues in units near the pool area. The location near UTSW is a significant draw for many residents.
Maintenance requests are consistently resolved quickly, with most issues addressed within hours to one day of submission. The maintenance team is described as responsive, professional, and thorough in their work. Residents appreciate the seamless process for submitting maintenance requests and the courteous, efficient service delivery across repairs, appliance issues, and HVAC concerns.
The property offers a highly convenient location adjacent to UTSW with excellent walkability and transit access for medical professionals and students. Residents consistently praise nearby amenities, restaurants, and shops, along with secure parking options including visitor parking and bicycle storage. One concern raised involves guest parking fees and their location on the 5th floor, which some residents view as inconvenient compared to area competitors.
The building is well-maintained with modern finishes and consistently clean common areas and units. Maintenance response times are notably fast, typically addressing issues within hours to a day. Most residents report satisfaction with the overall physical condition and upkeep of the property, though a small number of reviews mention pest concerns in specific units.
Car-Dependent
Some Transit
Not Bikeable
Located in the heart of Dallas' Medical District, Park 5940 MD offers studio, one-, and two-bedroom apartment homes with convenient access to UT Southwestern, Parkland Hospital, Children's Medical Center, Dallas Love Field, and major freeways throughout the city. Designed for professionals, students, and anyone seeking a connected urban lifestyle, this thoughtfully designed community combines modern comfort with the convenience of living just minutes from some of Dallas' leading healthcare and employment centers.Residents enjoy a variety of social and wellness-focused amenities including a fitness center with spin room, cyber lounge, game room, shuffleboard court, outdoor kitchen with grilling stations, lush courtyards, community garden, and package lockers. Apartment homes feature granite countertops, ENERGY STAR(R) stainless steel appliances, spacious ceilings, floor-to-ceiling windows, walk-in closets, full-size washers and dryers, wood-style flooring, and select spa-inspired bathrooms and pool views, creating an elevated living experience in the Dallas Medical District.
| School | Type | Level | Distance |
|---|---|---|---|
Rosewood Academy 3 Private · Preschool | Private | Preschool | 0.1 mi |
Bryans House Private · Preschool | Private | Preschool | 0.1 mi |
Montessori Academy at Onesimo Hernandez Elementary School Public · Middle | Public | Middle | 0.3 mi |
First Step Learning Centre Private · Preschool | Private | Preschool | 0.4 mi |
Biomedical Preparatory at UT Southwestern Public · Elementary | Public | Elementary | 0.5 mi |
Inwood Day School Private · Preschool | Private | Preschool | 0.5 mi |
Thomas J Rusk Middle School Public · Middle | Public | Middle | 0.5 mi |
Callier Center Pre-School Deaf (0- Public · Preschool | Public | Preschool | 0.6 mi |
Callier Child Development Pre-School Private · Elementary | Private | Elementary | 0.6 mi |
Arlington Park Early Childhood Center Public · Preschool | Public | Preschool | 0.7 mi |