Housing in Dallas

A typical Dallas home is worth roughly $212,000

Typical home value

$212K

MI $266K

Estimate

2-bedroom rent

$1,040

a month, utilities in · HUD

Median tax bill

$2,319

MI $2,904

What kind of housing town is Dallas?

Read from the numbers below. The page puts what stands out first.

Your money goes further20% below the Michigan typical home.A town of owners92% of households own their home.

★ What stands out · Affordability

A typical home costs 2.5 years of income

Less than across Michigan (3.7 years). Try your own numbers below.

You could afford about

$318,000

Typical Dallas home $212K

That covers a typical Dallas home, with $106K to spare.

The typical home, each month

$1,310

Loan $1,050Tax $190Insurance $60

A two-bedroom rents for about $1,040 a month here, $270 less than owning.

Where your budget reaches nearby

Lyons$263K Bengal$268K Lebanon$224K Pewamo$265K Westphalia$355K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Dallas’s typical property tax (1.09% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

92% of Dallas households own their home

Half of Dallas’s homes were built before 1957.

Owners and renters

Own 92%Rent 8%

Michigan: 73% own.

1957

typical home built · MI 1972

$2,319

median property tax bill · MI $2,904

1.09%

of a home’s value, a year in tax · MI 1.25%

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,040

Renters already here pay a median of $582, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$790

1 bedroom$820

2 bedrooms$1,040

3 bedrooms$1,320

4 bedrooms$1,470

of households rent · MI 27%

renter households

49%

of renters spend 30%+ of income on rent · MI 50%

15%

of the median income, for a two-bedroom

$582

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lansing-East Lansing, MI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Dallas vs. its neighbors

Dallas is the least expensive of 6 neighboring towns. Tap one to see its housing page.

Westphalia$355K Bengal$268K Pewamo$265K Lyons$263K Lebanon$224K Dallas$212K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Dallas	$212K*	—	$1,040	$84,200
Lyons	$263K	+8.7%	$1,150	$75,294
Bengal	$268K*	+4.5%†	$1,080	$91,250
Lebanon	$224K*	—	$1,040	$80,313
Pewamo	$265K	+8%	$1,060	$72,500
Westphalia	$355K	+7.5%	$1,210	$92,065

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Dallas buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Dallas still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.