Some of the best places to live in Dallas are smaller neighborhoods with housing costs below the national average.
These areas are considered a buyer’s market, making them ideal for purchasing a home before they become more popular and prices start to rise.
Cockrell Hill
Cockrell Hill is located in Dallas County and is entirely surrounded by the city of Dallas. It covers just 0.6 square miles, offering many housing opportunities.
The average home price in Cockrell Hill is around $79,000, which is 56% lower than the national average of $181,400 and lower than Texas’ state average of $128,000. The typical home in this area has about 4.9 rooms.
The cost of living index is 91, compared to Texas at 90 and the national average of 100. Mortgage payments and transportation costs are lower, although prices for groceries, healthcare, and other services are slightly higher. This gives Cockrell Hill an A+ rating for affordability.
Cockrell Hill is served by the Dallas Independent School District, and Mountain View College is nearby, offering convenient and affordable continuing education options.
Public transit is accessible through the Cockrell Hill Transfer Location, which connects to several bus lines within the Dallas Area Rapid Transit system.
The population has grown by 9.2% over five years, and the home vacancy rate is 16%.
Eagle Ford
Eagle Ford became part of Dallas in the 1950s during a period of industrial growth and home construction. While many of the original homes have been remodeled, real estate prices remain affordable.
The median home price is $98,476, which is 46% lower than the national average and below the Dallas average of $129,300.
The cost of living index in Eagle Ford is 94, compared to Dallas at 98 and Texas at 90. The area is well-equipped with 20 public transit stops, a fitness center, a park, coffee shops, and several schools within a mile.
Students are served by the Dallas Independent School District, with parts of the neighborhood falling under the Irving Independent School District. There’s also an early childhood education program for four-year-olds.
The population has increased by 2.26% over 10 years, with a vacancy rate of 7.4%. The average home has about 5 rooms.
Winnetka Heights
Winnetka Heights is a historical district known for its early 20th-century charm. The Winnetka Heights Neighborhood Association is focused on preserving the neighborhood’s history while supporting future growth.
The median home price is $94,580, which is 48% lower than the national average.
The cost of living index is 94, lower than Dallas at 98. Residents benefit from nearby amenities, including 20 public transit stops, fitness centers, parks, and schools within a mile.
The average home has 4.9 rooms, and the vacancy rate is 12.2%.
Wolf Creek
Wolf Creek is located about 10 miles south of downtown Dallas and offers a suburban feel with access to outdoor activities.
The median home price is $93,832, which is 48% lower than the national average and below the Texas average of $128,000.
The cost of living index in Wolf Creek is 95, slightly higher than the Texas average but still 5% below the national average.
Despite being a rural area, Wolf Creek has many amenities, including seven schools, two parks with hiking and biking trails, and several coffee shops, stores, and restaurants.
The neighborhood has a well-educated population, with 50.5% having some college education, 22.3% holding an associate degree, 17.3% with a bachelor’s degree, and 6.4% with a master’s degree.
The average home has 5.6 rooms, and the vacancy rate is 12%.
Urbandale-Parkdale
Urbandale-Parkdale offers affordable housing and a low cost of living.
The median home price is $95,206, which is 48% lower than the national average.
The cost of living index is 94, which is 6% lower than the national average and 4% lower than the Dallas average. Lower mortgage payments and transportation costs make this area budget-friendly.
The neighborhood features nine schools, two parks, and various shopping and dining options. The average test score at local schools is 86%, which is higher than in nearby Dallas.
The average home has 4.8 rooms, and the vacancy rate is 10%.
Oak Cliff
Oak Cliff is one of Dallas’ largest and most established neighborhoods, covering 87.27 square miles and including areas like East Oak Cliff, North Oak Cliff, Southwest/Red Bird, and South Oak Cliff.
The median home price is $158,023, which is 13% lower than the national average.
The cost of living index is 100, matching the national average and slightly higher than Dallas at 98. Oak Cliff’s size gives it access to numerous amenities and a short commute to downtown Dallas.
The average home has 4.5 rooms, and the vacancy rate is 14.8%.
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