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    Luxury list

    This is how many million-dollar homes there are in Dallas-Fort Worth, study says

    John Egan
    Jun 22, 2021 | 10:18 am
    7119 Shook, Lakewood, Dallas home for sale
    This modern home in Dallas' prestigious Lakewood neighborhood is on the market for $1.65 million.
    Photo courtesy of Estately.com

    As a testament to the soaring home prices across Texas, four major metro areas around the state have made a new list of the top 50 U.S. cities with the greatest share of homes valued at $1 million or more.

    Dallas-Fort Worth ranks No. 20 nationwide, and third in Texas behind Austin (No. 11) and Houston (No. 16). San Antonio comes in at No. 34.

    An analysis of U.S. Census Bureau data by lending marketplace LendingTree found the share of owner-occupied homes in the Dallas-Fort Worth area valued at $1 million or more stands at 1.94 percent.

    That adds up to 29,509 homes at or above the $1 million mark in DFW, soaring high above the area's median home price of $215,700, LendingTree reports.

    By comparison, the report found 11th-ranked Austin has 14,226 owner-occupied homes valued at $1 million or more, or 3.52 percent. The median home price there is $281,500, according to LendingTree.

    (It's worth nothing that the data from this study comes from the U.S. Census Bureau’s 2019 American Community Survey with five-year estimates, the latest survey available at the time of this study’s writing, the authors say.)

    "For most Americans, the idea of paying $1 million or more for a house may seem excessive, especially considering that the national median value of an owner-occupied home is less than a quarter of that amount," the report says. "However, million-dollar houses are quite common in some parts of the country. And as the housing market continues to heat up, even more million-dollar homes are being listed for sale."

    Here’s how Texas’ other major metro areas fared in the LendingTree analysis:

    • Houston ranked 16th, with 2.26 percent of owner-occupied homes valued at $1 million or more (32,167 homes total).
    • San Antonio ranked 34th, with 1.19 percent of owner-occupied homes valued at $1 million or more (6,037 homes total).

    San Jose, California, topped the LendingTree list, with 47.29 percent of owner-occupied homes valued at $1 million or more. On the other end of the spectrum, Buffalo, New York had the lowest share of million-dollar homes, at 0.54 percent.

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    news/real-estate

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    rent report

    2 Dallas suburbs have the highest rents in DFW right now, report finds

    Amber Heckler
    Dec 3, 2025 | 5:11 pm
    SkyHouse Dallas apartments
    Photo courtesy of Simpson Property Group
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    After American shoppers spent $11.5 billion on Black Friday this year, it's safe to say many people are watching their wallets this holiday season, including renters. And a new report is shedding light on the North Texas cities that are shelling out the most for their rent.

    Zumper's newest monthly rent report, released December 2, analyzed active listings from the previous month across all cities in the Dallas-Fort Worth Metroplex. It tracked the most and least expensive rent prices for one- and two-bedroom apartments, and determines the cities with the fastest growing rents. Listings were aggregated by city to calculate median asking rents.

    Frisco and The Colony tied for having the highest rent prices in Dallas-Fort Worth in November. According to the study's findings, the median rent price for a single-bedroom apartment came out to $1,620 last month in both cities. In Frisco, that's $10 lower than what it cost for the same apartment in June.

    Frisco residents are expected to budget $3,491 for their holiday presents this year, WalletHub says, which means they might be watching their spending a lot more than other North Texas residents.

    For two-bedroom units, median rent prices in Frisco rose 3.3 percent from October to $2,200. A two-bedroom apartment in The Colony rose 0.9 percent month-over-month to $2,130.

    Grapevine's median rent prices were the third-priciest out of all cities in Dallas-Fort Worth. Zumper found that the median price for a one-bedroom apartment came out to $1,470, and two-bedroom units cost $1,840 in November.

    Dallas tied with Plano for the fourth-highest rents in the metro area, the report said. Single-bedroom units cost the same amount between both cities ($1,470) while two-bedroom units were more expensive in Dallas ($2,060) than in Plano ($2,030).

    For comparison, the price of one bedroom unit in Dallas was $30 cheaper in October, while two bedroom units cost $20 less than November's asking price. In September, asking rent for single-bedroom apartments added up to $1,480, while two bedroom units cost $2,100 per month.

    These are the median rent prices for one- and two-bedroom apartments across Dallas-Fort Worth:

    • Richardson – $1,420 for one-bedroom units; $1,750 for two-bedroom units
    • McKinney – $1,400 for one-bedroom units; $1,850 for two-bedroom units
    • Carrollton – $1,360 for one-bedroom units; $1,730 for two-bedroom units
    • Lewisville – $1,300 for one-bedroom units; $1,700 for two-bedroom units
    • Burleson – $1,250 for one-bedroom units; $1,620 for two-bedroom units
    • Weatherford – $1,240 for one-bedroom units; $1,370 for two-bedroom units
    • Irving – $1,220 for one-bedroom units; $1,650 for two-bedroom units
    • Fort Worth – $1,190 for one-bedroom units; $1,450 for two-bedroom units
    • Grand Prairie – $1,170 for one-bedroom units; $1,560 for two-bedroom units
    • North Richland Hills – $1,160 for one-bedroom units; $1,460 for two-bedroom units
    • Haltom City – $1,150 for one-bedroom units; $1,430 for two-bedroom units

    DFW cities with affordable rent compared to the statewide median
    Zumper found the statewide median rent for a one bedroom apartment came out to $1,126 last month.

    Cleburne had the most affordable rent for a one-bedroom unit in all of Dallas-Fort Worth, with median prices adding up to an even $1,000. The report also found that Cleburne's single-bedroom rent costs are 10.7 percent lower than they were a year ago. The median cost for a two-bedroom unit in Cleburne ($1,190) is 8.5 percent lower than it was in November 2024.

    Six more Dallas-Fort Worth cities had more affordable single-bedroom rent prices than the statewide median: Bedford ($1,110), Mesquite ($1,110), Hurst ($1,100), Denton ($1,090), Arlington ($1,080), and Benbrook ($1,020).

    dallasfort worthrentrent pricesreal estatehousing report
    news/real-estate
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