States › Texas › Lake Dallas

Is Lake Dallas, TX expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,5989% lower than U.S. average
💵 Families earn per year (2026)$82,914about $6,910/month · 5% lower than U.S. average
🔑 House price$269,00019% lower than U.S. average

Rent is lower than in 53% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $63,920 a year. That is $31 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 250 of 426 cities from cheapest to most expensive.

Lake Dallas
$1,598
Jersey Village
$1,574
Salida del Sol Estates
$886
Marble Falls
$1,950
Dalhart
$802
Mila Doce
$673
Lampasas
$812

How much do households earn in Lake Dallas?

Under $25k
7.8%
$25k–50k
23.4%
$50k–100k
43.6%
$100k–150k
14.2%
$150k+
10.2%

Share of households by yearly income. 24.3% of households earn $100,000 or more.

Rent by apartment size in Lake Dallas

SizeLake DallasU.S. average
1 bedroom$1,451$1,324
2 bedrooms$1,728$1,509
3 bedrooms$2,306$1,698

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

How expensive is Lake Dallas overall?

Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).

Housing
97
Goods (food, clothes…)
98
Utilities
88
Other services
97
U.S. average
100

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

Taxes and bills in Lake Dallas

🏛️ Property tax$4,535a year · 1.69% of home value · U.S. $3,119
⚡ Electric bill$179a month (typical) · U.S. $156

Life in Lake Dallas

Commute to work27.9 minU.S.: 26.4 min
College degree32.6%U.S.: 35.7%
Own their home69.2%U.S.: 65.2%
Below poverty line3.7%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Lake Dallas?

Renting is cheaper right now: about $268 a month less.

Renting
$1,598
Owning
$1,866

Owning assumes a typical $269,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $26,900 for the down payment.

Frequently asked questions

What is the average rent in Lake Dallas, TX?

Renting in Lake Dallas costs a median of about $1,598 a month in 2026, including utilities. The Texas median is $1,451.

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

To keep rent under 30% of income, you need about $63,920 a year, or $31 an hour at a full-time job.

Is Lake Dallas cheap or expensive?

Lake Dallas is rated OK: rent takes 23.1% of the typical household income of $82,914. It ranks 250th cheapest of 426 Texas cities we track.

How much are property taxes in Lake Dallas?

The median homeowner in Lake Dallas pays $4,535 a year in property taxes, about 1.69% of the median home value.

Is Lake Dallas 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 Lake Dallas?

The median home value in Lake Dallas is $269,000, about 3.2 times the typical yearly household income.

7,822 people live in Lake Dallas. Numbers are typical (middle) values.