States › North Carolina › Dallas

Is Dallas, NC expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$91848% lower than U.S. average
💵 Families earn per year (2026)$62,988about $5,249/month · 28% lower than U.S. average
🔑 House price$254,00024% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 4.0 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $36,720 a year. That is $18 an hour at a full-time job.

Is rent cheaper than other North Carolina cities?

Yes. Rent here is cheaper than in most of North Carolina. It is number 16 of 164 cities from cheapest to most expensive.

Dallas
$918
$941
$673

How much do households earn in Dallas?

Under $25k
20.3%
$25k–50k
30.9%
$50k–100k
33.1%
$100k–150k
10.7%
$150k+
5.0%

Share of households by yearly income. 15.8% of households earn $100,000 or more.

Rent by apartment size in Dallas

SizeDallasU.S. average
1 bedroom$608$1,324
2 bedrooms$888$1,509
3 bedrooms$1,063$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Dallas overall?

Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).

Housing
81
Goods (food, clothes…)
97
Utilities
89
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Dallas, so the North Carolina figure is shown.

Taxes and bills in Dallas

🏛️ Property tax$1,951a year · 0.77% of home value · U.S. $3,119
⚡ Electric bill$178a month (typical) · U.S. $156

Life in Dallas

Commute to work24.5 minU.S.: 26.4 min
College degree21.2%U.S.: 35.7%
Own their home64.4%U.S.: 65.2%
Below poverty line10.5%U.S.: 12.5%
Unemployment4.5%U.S.: 5.2%

Is it cheaper to rent or buy in Dallas?

Renting is cheaper right now: about $844 a month less.

Renting
$918
Owning
$1,762

Owning assumes a typical $254,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,400 for the down payment.

Frequently asked questions

What is the average rent in Dallas, NC?

Renting in Dallas costs a median of about $918 a month in 2026, including utilities. The North Carolina median is $1,496.

How much do I need to make to live in Dallas?

To keep rent under 30% of income, you need about $36,720 a year, or $18 an hour at a full-time job.

Is Dallas cheap or expensive?

Dallas is rated Cheap: rent takes 17.5% of the typical household income of $62,988. It ranks 16th cheapest of 164 North Carolina cities we track.

How much are property taxes in Dallas?

The median homeowner in Dallas pays $1,951 a year in property taxes, about 0.77% of the median home value.

Is Dallas more expensive than the national average?

Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Dallas?

The median home value in Dallas is $254,000, about 4.0 times the typical yearly household income.

6,104 people live in Dallas. Numbers are typical (middle) values.