salaryRent is higher than in 63% of U.S. cities. A typical house costs about 3.6 years of household income. Commutes are long, about 30.8 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $75,520 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Texas cities?
No. Rent here is more expensive than in most of Texas. It is number 316 of 426 cities from cheapest to most expensive.
How much do households earn in DeSoto?
Share of households by yearly income. 31.0% of households earn $100,000 or more.
Rent by apartment size in DeSoto
| Size | DeSoto | U.S. average |
|---|---|---|
| Studio | $1,232 | $1,338 |
| 1 bedroom | $1,444 | $1,324 |
| 2 bedrooms | $1,789 | $1,509 |
| 3 bedrooms | $2,130 | $1,698 |
| 4 bedrooms | $2,333 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is DeSoto overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for DeSoto, so the Texas figure is shown.
Taxes and bills in DeSoto
Life in DeSoto
Is it cheaper to rent or buy in DeSoto?
Renting is cheaper right now: about $328 a month less.
Owning assumes a typical $319,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $31,940 for the down payment.
Frequently asked questions
What is the average rent in DeSoto, TX?
Renting in DeSoto costs a median of about $1,888 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in DeSoto?
To keep rent under 30% of income, you need about $75,520 a year, or $36 an hour at a full-time job.
Is DeSoto cheap or expensive?
DeSoto is rated OK: rent takes 25.4% of the typical household income of $89,280. It ranks 316th cheapest of 426 Texas cities we track.
How much are property taxes in DeSoto?
The median homeowner in DeSoto pays $5,316 a year in property taxes, about 1.66% of the median home value.
Is DeSoto more expensive than the national average?
Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in DeSoto?
The median home value in DeSoto is $319,400, about 3.6 times the typical yearly household income.
56,211 people live in DeSoto. Numbers are typical (middle) values.