How much does it cost to rent at The Element at Mercantile Place?

Rent at The Element at Mercantile Place in Dallas, TX ranges from $1,442 to $2,295 per month as of September 23, 2026.

What is the average 1 bed rent at The Element at Mercantile Place?

The average 1 bed apartment at The Element at Mercantile Place costs $1,725/month, starting from $1,442.

What is the average 2 bed rent at The Element at Mercantile Place?

The average 2 bed apartment at The Element at Mercantile Place costs $2,223/month, starting from $2,150.

Is The Element at Mercantile Place a good apartment complex?

The Element at Mercantile Place has a 3.4-star rating on Google based on 72 reviews.

Updated September 23, 2026 at 7:09 p.m. CT

The Element at Mercantile Place

1800 Main St, Dallas, TX 75201, USA

3.4 (72 reviews) Official Website (945) 215-4998

Live pricing, refreshed September 23, 2026 at 7:09 p.m. CT

Units Listed

$1,442

Starting at

$1,808

Average

$2,295

Highest

$2.01

Per Sq Ft

How does this compare? View Dallas Downtown Historic District rent trends

Beds

Pricing by Bedroom

1 Bed

$1,725

from $1,442 · 10 units

~828 sqft avg

2 Bed

$2,223

from $2,150 · 2 units

~1,264 sqft avg

Specials Available 12 units

Up to 4 Weeks Free

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (12)

Largest 8 movers of 12

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: stated by the property itself
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$241K

$2.9M annual run rate

Est. Occupancy

92%

of about 153 units (reported building size)

Effective Rent on New Leases

$1,808

current asking average

Recent Lease Activity

12 units tracked; 0 assumed leased, 12 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Moderate availability

6 floor plans

Move-in Specials

12 units with active promos

Use competing promos as leverage

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Dallas Downtown Historic District

Neighborhood

Eleven10 at Farmers Market Apartments

$1,203 Mid Elm Lofts

$1,221 City Walk @ Akard Apartments

$1,233 The Kirby

$1,267 The Wilson at Mercantile Place

$1,274 Magnolia Station

$1,286 1900 Elm Apartments

$1,290 Taylor Lofts at the Dallas Farmers Market

$1,319 Camden Farmers Market Apartments

$1,356 The Continental at Mercantile Place

$1,357

The Element at Mercantile Place

$1,442

Comparing 11 apartments in Dallas Downtown Historic District. Click any bar to view that building.

See Dallas Downtown Historic District rent trends on the Dallas, TX map Explore Dallas, TX on the interactive map

Available Units

Sort

12 units

1 Bed / 1 Bath 1A

$1,442/mo

708 ft² · $2.04/ft² · #E-1257

$1,360/mo with promo

Down $6 since Sep 24 (was $1,448)

1 Bed / 1 Bath 1D

$1,622/mo

815 ft² · $1.99/ft² · #E-1158

$1,530/mo with promo

Down $6 since Sep 24 (was $1,628)

1 Bed / 1 Bath 1C

$1,652/mo

772 ft² · $2.14/ft² · #E-0353

$1,559/mo with promo

Down $6 since Sep 24 (was $1,658)

1 Bed / 1 Bath 1C

$1,697/mo

772 ft² · $2.20/ft² · #E-1052

$1,601/mo with promo

Down $6 since Sep 24 (was $1,703)

1 Bed / 1 Bath 1H

$1,712/mo

917 ft² · $1.87/ft² · #E-0559

$1,616/mo with promo

Down $6 since Sep 24 (was $1,718)

1 Bed / 1 Bath 1C

$1,722/mo

772 ft² · $2.23/ft² · #E-1353

$1,625/mo with promo

Down $6 since Sep 24 (was $1,728)

1 Bed / 1 Bath 1C

$1,722/mo

772 ft² · $2.23/ft² · #E-1354

$1,625/mo with promo

Down $6 since Sep 24 (was $1,728)

1 Bed / 1 Bath 1H

$1,852/mo

917 ft² · $2.02/ft² · #E-1159

$1,748/mo with promo

Down $6 since Sep 24 (was $1,858)

1 Bed / 1 Bath 1H

$1,862/mo

917 ft² · $2.03/ft² · #E-0359

$1,758/mo with promo

Down $6 since Sep 24 (was $1,868)

1 Bed / 1 Bath 1H

$1,962/mo

917 ft² · $2.14/ft² · #E-0859

$1,853/mo with promo

Down $6 since Sep 24 (was $1,968)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Details
E-1257	1A	1bd / 1ba	708	$1,442 Effective: $1,360	$2.04	Now	Up to 4 Weeks Free Save $73/mo Down $6 since Sep 24
E-1158	1D	1bd / 1ba	815	$1,622 Effective: $1,530	$1.99	Nov 21, 2026	Up to 4 Weeks Free Save $83/mo Down $6 since Sep 24
E-0353	1C	1bd / 1ba	772	$1,652 Effective: $1,559	$2.14	Now	Up to 4 Weeks Free Save $84/mo Down $6 since Sep 24
E-1052	1C	1bd / 1ba	772	$1,697 Effective: $1,601	$2.20	Now	Up to 4 Weeks Free Save $87/mo Down $6 since Sep 24
E-0559	1H	1bd / 1ba	917	$1,712 Effective: $1,616	$1.87	Now	Up to 4 Weeks Free Save $87/mo Down $6 since Sep 24
E-1353	1C	1bd / 1ba	772	$1,722 Effective: $1,625	$2.23	Nov 27, 2026	Up to 4 Weeks Free Save $88/mo Down $6 since Sep 24
E-1354	1C	1bd / 1ba	772	$1,722 Effective: $1,625	$2.23	Now	Up to 4 Weeks Free Save $88/mo Down $6 since Sep 24
E-1159	1H	1bd / 1ba	917	$1,852 Effective: $1,748	$2.02	Sep 25, 2026	Up to 4 Weeks Free Save $95/mo Down $6 since Sep 24
E-0359	1H	1bd / 1ba	917	$1,862 Effective: $1,758	$2.03	Now	Up to 4 Weeks Free Save $95/mo Down $6 since Sep 24
E-0859	1H	1bd / 1ba	917	$1,962 Effective: $1,853	$2.14	Oct 23, 2026	Up to 4 Weeks Free Save $100/mo Down $6 since Sep 24
E-0660	2E	2bd / 2ba	1,270	$2,150 Effective: $2,031	$1.69	Now	Up to 4 Weeks Free Save $110/mo Up $8 since Sep 24
E-0256	2D	2bd / 2ba	1,257	$2,295 Effective: $2,169	$1.83	Now	Up to 4 Weeks Free Save $117/mo Up $8 since Sep 24

Fees, Parking & True Monthly Cost

Monthly Fees

$9/mo

Added to base rent automatically

True Monthly Cost

$1,451

Starting price + fees

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Dallas, TX notes

No resident notes for this property yet.