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Affordable
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These days, finding an affordable place to live in the Dallas area can be challenging. Home prices in Dallas are now at a median cost of $133,111, lower than the Arkansas average of $207,061.
The average cost of rent is $700/mo in Dallas, primarily driven by the current value of real estate in the Dallas area. In Dallas, 6.36% of households rent, and 56.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dallas is $5,497 per month. Households that rent pay about 12.74% of their income on rent here. Dallas’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mena, AR: higher priced homes
- Potter Junction, AR: higher priced homes
- Potter, AR: higher priced homes
- Board Camp, AR: equally priced homes
- Hatfield, AR: equally priced homes
- Ink, AR: higher priced homes
- Eagleton, AR: higher priced homes
- Rocky, AR: higher priced homes
- Yocana, AR: higher priced homes
- Cove, AR: less expensive homes
Cities with Similar Populations
- Russell Springs, KS: less expensive homes
- Zahl, ND: higher priced homes
- Wilgus, OH: less expensive homes
- Arena, ND: higher priced homes
- Perryville, AK: higher priced homes
- Phillipstown, IL: less expensive homes
- Perrys Mill, AL: higher priced homes
- Penwell, TX: equally priced homes
- Penvir, VA: equally priced homes
- Pekin, IA: higher priced homes
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