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Grand Prairie city, TX

ZIP 75050 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 75050

Median Home Value
$224,400
Median Rent
$1,277
Affordability Snapshot
$62,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,441/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

14.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 75050 in Grand Prairie city, TX, a household would need roughly $62,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,441. That sits below the local median household income ($70,484), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
43.0%-34% vs US avg
x
Vacancy Rate
4.3%-58% vs US avg
x
Broadband Access
87.8%+1% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
4.7%-63% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
23.1%-54% vs US avg
x
Mortgage-Free
51.4%+35% vs US avg
x
$224,400
Home Value
$1,277
Rent
1981
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached43.9%
  • 1-unit attached4.6%
  • 2-9 units20.7%
  • 10+ units25.2%
  • Mobile home & other5.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$224,400
Median rent$1,277
Owner-occupied43.0%
Vacant4.3%
Price-to-income3.2x
Est. income to buy$62,000