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Dallas city, TX

ZIP 75240 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 75240

Median Home Value
$326,600
Median Rent
$1,166
Affordability Snapshot
$90,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,098/mo PITI).

25%
Rent-to-Income Ratio

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

5.8x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

23.3 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 75240 in Dallas city, TX, a household would need roughly $90,000 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 $2,098. That is about 61% above the local median household income ($56,056), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
22.1%-66% vs US avg
x
Vacancy Rate
11.4%+10% vs US avg
x
Broadband Access
90.4%+4% vs US avg
x
4+ Bedrooms
1.4%-90% vs US avg
x
Built Pre-1939
0.9%-93% vs US avg
x
Built Post-2014
3.8%-45% vs US avg
x
Rent Burden >30%
29.3%-41% vs US avg
x
Mortgage-Free
34.4%-10% vs US avg
x
$326,600
Home Value
$1,166
Rent
1980
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached16.6%
  • 1-unit attached5.8%
  • 2-9 units23.2%
  • 10+ units54.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$326,600
Median rent$1,166
Owner-occupied22.1%
Vacant11.4%
Price-to-income5.8x
Est. income to buy$90,000