The Most Affordable Neighborhoods in Far North Dallas-Richardson, Richardson, TX by Home Value

 

Far North Dallas-Richardson, Richardson, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Far North Dallas-Richardson area can be challenging. Home prices in Far North Dallas-Richardson are now at a median cost of $403,448, lower than the Richardson average of $438,080.

The average cost of rent is $1,566/mo in Far North Dallas-Richardson, primarily driven by the current value of real estate in the Far North Dallas-Richardson area. In Far North Dallas-Richardson, 70.90% of households rent, and 40.93% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Far North Dallas-Richardson is $2,800 per month. Households that rent pay about 55.94% of their income on rent here. Far North Dallas-Richardson’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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