Most Affordable Neighborhoods in Dallas - 2026 Data
The median home value in Dallas is $275,000, near national avg. Median rent is $1,720/month. With an affordability index of 98, Dallas is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Dallas, TX area.
Key Takeaways: Affordability in Dallas
- 1The most affordable neighborhood in Dallas is Deep Ellum, with a median home value of $325,000.
- 2Dallas's median home value is $275,000, near national avg (national: $281,900).
- 3Dallas's affordability index is 98 (baseline 100), making it less affordable than the national average.
- 4Median rent in Dallas is $1,720/month, 48% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Dallas to find the most affordable areas based on home values, rent, and affordability index.
Dallas Affordability Overview
Median Home Value
$275,000
Near nat'l avg
Median Rent
$1,720/mo
48% above nat'l avg
Median Income
$52,210
30% below nat'l avg
Affordability Index
98
Near nat'l avg
Most Affordable Neighborhoods in Dallas (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Deep EllumDallas, TX | $325,000 |
| 2 | Oak LawnDallas, TX | $380,000 |
| 3 | Bishop ArtsDallas, TX | $280,000 |
| 4 | Uptown DallasDallas, TX | $450,000 |
| 5 | LubbockTX | $175,000 |
| 6 | IrvingTX | $265,000 |
| 7 | HoustonTX | $230,000 |
| 8 | Jacinto CityTX | $120,100 |
| 9 | Lago VistaTX | $363,200 |
| 10 | Highland ParkTX | $1,678,600 |
| 11 | RichmondTX | $193,700 |
| 12 | ManvelTX | $300,200 |
| 13 | DaytonTX | $204,900 |
| 14 | McKinneyTX | $380,000 |
| 15 | AustinTX | $475,000 |