Renting in Dallas costs about $1,455 a month, and the typical home is listed at $387,000. That puts the price-to-rent ratio at 22.2: a typical home costs as much as 22.2 years of rent.
Dallas now and in 2031
| Now | 2031 (projected) | |
|---|---|---|
| Typical asking rent | $1,455/mo | $1,240/mo |
| Typical list price | $387,000 | $466,000 |
| Price-to-rent ratio | 22.2 | — |
Rent is projected at -3.2% a year, the trend in RentCast's median rents for these ZIP codes since mid-2024. For home values: The first 2 years follow this year's change in list prices (-2.4%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+8.2% a year). These are trends carried forward, not predictions of the next market turn.
How to read the price-to-rent ratio
The ratio divides the typical list price by a year of typical rent. A higher ratio means buying is expensive relative to renting; a lower one means monthly rent is high compared with what a home costs. It's a quick way to compare cities, not a verdict for your situation.
By ZIP code
| ZIP | Median rent | Rental listings | Median list price | Sale listings |
|---|---|---|---|---|
| 75217 | $1,700/mo | 101 | $235,000 | 240 |
| 75211 | $1,475/mo | 188 | $293,900 | 188 |
| 75228 | $1,795/mo | 256 | $349,900 | 322 |
| 75243 | $1,015/mo | 704 | $175,000 | 308 |
| 75227 | $1,526/mo | 169 | $275,000 | 236 |
| 75216 | $1,675/mo | 112 | $234,500 | 275 |
| 75287 | $1,269/mo | 1,327 | $469,000 | 138 |
| 75220 | $1,650/mo | 95 | $1,099,000 | 173 |
| 75206 | $1,950/mo | 777 | $584,900 | 324 |
What this doesn't account for
Mortgage rates, your down payment, property taxes, insurance, HOA fees, maintenance, and how long you'll stay decide more than any city-wide figure. These are area numbers built from active listings; they don't know the specific home or your finances.
Source: RentCast market data for 9 of Dallas's 45 ZIP codes (the most populous, home to 41% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.
Frequently asked questions
How much is rent in Dallas, TX?
Typical asking rent is $1,455 a month, across 3,729 active rental listings in 9 ZIP codes.
How much do homes cost in Dallas, TX?
The typical list price is $387,000, across 2,204 active sale listings in 9 ZIP codes. List prices are asking prices, not final sale prices.
What is the price-to-rent ratio in Dallas, TX?
About 22.2: the typical list price equals 22.2 years of typical rent. The higher the ratio, the more buying costs relative to renting.