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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 $222,078, lower than the Iowa average of $226,062.
The average cost of rent is $660/mo in Dallas, primarily driven by the current value of real estate in the Dallas area. In Dallas, 10.70% of households rent, and 47.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dallas is $7,964 per month. Households that rent pay about 8.29% of their income on rent here. Dallas’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Melcher-Dallas, IA: less expensive homes
- Melcher, IA: higher priced homes
- Newbern, IA: equally priced homes
- Columbia, IA: higher priced homes
- Lacona, IA: less expensive homes
- Pleasantville, IA: less expensive homes
- Knoxville, IA: equally priced homes
- Milo, IA: higher priced homes
- Williamson, IA: less expensive homes
- Attica, IA: less expensive homes
Cities with Similar Populations
- Idlewood, IL: less expensive homes
- Killduff, IA: higher priced homes
- Tradersville, OH: higher priced homes
- Travis, NC: less expensive homes
- Jerusalem, AR: less expensive homes
- Jericho, KY: less expensive homes
- Jacobson, MN: higher priced homes
- Jacktown, KY: less expensive homes
- Jacksonboro, SC: less expensive homes
- Iroquois, SD: less expensive homes
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