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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 $156,784, lower than the South Dakota average of $268,202.
The average cost of rent is $668/mo in Dallas, primarily driven by the current value of real estate in the Dallas area. In Dallas, 20.02% of households rent, and 65.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dallas is $5,908 per month. Households that rent pay about 11.30% of their income on rent here. Dallas’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gregory, SD: less expensive homes
- Colome, SD: equally priced homes
- Hartley, SD: equally priced homes
- Burke, SD: equally priced homes
- Dixon, SD: less expensive homes
- Herrick, SD: higher priced homes
- Winner, SD: less expensive homes
- Mills, NE: less expensive homes
- Wewela, SD: less expensive homes
- Carter, SD: equally priced homes
Cities with Similar Populations
- Passumpsic, VT: higher priced homes
- Numidia, PA: higher priced homes
- Oak Center, WI: higher priced homes
- Old Union, TX: equally priced homes
- Orgas, WV: less expensive homes
- Orrsburg, MO: higher priced homes
- Osceola, LA: higher priced homes
- Owings, WV: less expensive homes
- Parkdale, OR: higher priced homes
- Parker, OR: higher priced homes
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