Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Five Mile Creek area can be challenging. Home prices in Five Mile Creek are now at a median cost of $148,406, lower than the Dallas average of $283,733.
The average cost of rent is $985/mo in Five Mile Creek, primarily driven by the current value of real estate in the Five Mile Creek area. While nearly 55.23% of residents own their homes outright in Five Mile Creek, 92.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Five Mile Creek is $2,480 per month. Households that rent pay about 39.71% of their income on rent here. Five Mile Creek's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the neighborhood.
Nearby Neighborhoods
- Cedar Crest, Dallas, TX: less expensive homes
- Wolf Creek, Dallas, TX: equally priced homes
- Oak Cliff, Dallas, TX: higher priced homes
- South Dallas Fair Park, Dallas, TX: less expensive homes
- Southwest Dallas, Dallas, TX: higher priced homes
- Winnetka Heights, Dallas, TX: equally priced homes
- West End Historic District, Dallas, TX: higher priced homes
- South Boulevard Park Row, Dallas, TX: less expensive homes
- Farmers Market District, Dallas, TX: higher priced homes
- Eagle Ford, Dallas, TX: equally priced homes
Neighborhoods with Similar Populations
- Brownsfield-Central, Baton Rouge, LA: higher priced homes
- Windsor Village North, Santa Ana, CA: higher priced homes
- Northwestside, Lansing, MI: less expensive homes
- Starin Central, Buffalo, NY: higher priced homes
- Stafford-Tualatin Valley, West Linn, OR: higher priced homes
- St. Johns, Portland, OR: higher priced homes
- Southwestern Hills, Des Moines, IA: higher priced homes
- Southside, Binghamton, NY: less expensive homes
- Shadow Hills, Sunland, CA: higher priced homes
- Riverton, Portland, ME: higher priced homes
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