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These days, finding an affordable place to live in the Northwest Dallas area can be challenging. Home prices in Northwest Dallas are now at a median cost of $462,094, higher than the Dallas average of $399,057.
The average cost of rent is $2,112/mo in Northwest Dallas, primarily driven by the current value of real estate in the Northwest Dallas area. In Northwest Dallas, 53.63% of households rent, and 35.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Northwest Dallas is $9,438 per month. Households that rent pay about 22.38% of their income on rent here. Northwest Dallas’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Central Carrollton, Carrollton, TX: less expensive homes
- North Central Dallas, Carrollton, TX: equally priced homes
- Original Town, Carrollton, TX: less expensive homes
- Far North Dallas-Carrollton, Carrollton, TX: less expensive homes
- Northeast Dallas, Carrollton, TX: equally priced homes
- Southwest Carrollton, Carrollton, TX: less expensive homes
- Valley Ranch, Irving, TX: higher priced homes
- Far North Dallas, Dallas, TX: equally priced homes
- The Ws, The Colony, TX: less expensive homes
- Preston Hollow, Dallas, TX: higher priced homes
Neighborhoods with Similar Populations
- Wharton-Hawthorne-Bella Vista, Philadelphia, PA: equally priced homes
- South Baton Rouge, Baton Rouge, LA: less expensive homes
- Midway, Escondido, CA: equally priced homes
- Southeast, Canal Winchester, OH: less expensive homes
- Sand Lake, Anchorage, AK: equally priced homes
- Rochdale Village, Queens, NY: higher priced homes
- Prospect Hill, San Antonio, TX: less expensive homes
- Upper Roseville, Newark, NJ: less expensive homes
- Visitacion Valley, San Francisco, CA: higher priced homes
- West Park, Irvine, CA: higher priced homes
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