Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Dallas, TX

Housing in Dallas, TX: Rent, Home Prices & Property Tax

$1,258/mo (1 bd) in Dallas. Median home $330,300. Property tax 1.49%.

Compare vs Chicago Rank metros from DallasHow we figure this

Rent (1 bd): $1,258; /mo
Buy: $2,383; Mortgage, tax, insurance
Buying costs more: $1,125; /mo

State tax and rent

To buy

20% down payment$66,060
Mortgage at 6.5%$1,670
Property tax (1.49% of value)$410/mo · $4,921/yr
Insurance and upkeep$303
Monthly total$2,383

48.8% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$3,049 left each month. About 22 months (1.8 years) to save $66,060.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

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