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These days, finding an affordable place to live in the Grand Prairie area can be challenging. Home prices in Grand Prairie are now at a median cost of $286,796, lower than the Texas average of $322,096.
The average cost of rent is $1,807/mo in Grand Prairie, primarily driven by the current value of real estate in the Grand Prairie area. In Grand Prairie, 41.61% of households rent, and 42.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grand Prairie is $7,550 per month. Households that rent pay about 23.94% of their income on rent here. Grand Prairie’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
- Arlington, TX: equally priced homes
- Duncanville, TX: less expensive homes
- Pantego, TX: higher priced homes
- Dalworthington Gardens, TX: higher priced homes
- Cockrell Hill, TX: less expensive homes
- Cedar Hill, TX: higher priced homes
- Mansfield, TX: higher priced homes
- Kennedale, TX: higher priced homes
- DeSoto, TX: higher priced homes
- Ovilla, TX: higher priced homes
Cities with Similar Populations
- Midland, TX: higher priced homes
- Kissimmee, FL: higher priced homes
- Lafayette, LA: equally priced homes
- Lakewood, CA: higher priced homes
- Kenosha, WI: less expensive homes
- Lancaster, CA: higher priced homes
- Keller, TX: higher priced homes
- Kansas City, KS: less expensive homes
- Kansas City, MO: equally priced homes
- Killeen, TX: less expensive homes
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