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    Big City News

    Dallas neighbor is the No. 1 fastest-growing affordable city in U.S.

    Amber Heckler
    Jun 3, 2025 | 3:57 pm
    Frisco, Texas

    One city is the No. 1 most affordable and fastest-growing city in America.

    Photo by Roger Robinson/Visit Frisco

    A new national study has declared Texas is home to the most affordable, fast-growing cities in the country, with Dallas suburb Frisco taking the lead at No. 1.

    Frisco and five more Dallas neighbors ranked high on GoBankingRates.com's new list of "50 Most Affordable, Fastest-Growing Cities in 2025."

    The personal finance website's experts analyzed U.S. cities to find the most affordable places with large population growth based one-year and five-year population growth rates higher than the national average. Additional factors considered include each city's median household income, average home values, average rental cost, and average mortgage cost.

    The report said Frisco's population swelled nearly 27 percent over the last five years, though it does appear to be slowing down as the suburb's one-year growth rate was only 4 percent. However, its rapid growth further proves that this buzzy city is one of the most desirable places to move to.

    Frisco, TexasSuburban dwellers love Frisco. City of Frisco TX - City Hall/Facebook

    The study also found the average Frisco home is valued at more than $678,000, which at first look isn't as affordable as other Dallas-area cities. However, GoBankingRates deems this "affordable" since the median Frisco household income is $146,000.

    The study also determined the total cost of living for a Frisco homeowner comes out to $72,262 annually. Renters have a cheaper cost of living, totaling $46,718 per year.

    McKinney and Allen also earned top-five spots in the report, earning respectable ranks as the third and fifth most affordable and fast-growing U.S. cities. Both cities had higher five-year growth rates than the national average – 16.6 percent in McKinney and 8.5 percent in Allen – and they both have similar average home values ($512,667 in McKinney, and $514,490 in Allen).

    McKinney's affordability has been a hot topic in 2025 after Motley Fool Money ranked the suburb the No. 1 most affordable U.S. city in its own analysis. The city will only become more popular after its $1.3 billion mixed-use development is completed within the next decade.

    The three other Dallas neighbors that ranked among the most affordable and fast-growing cities list are Lewisville (No. 8), Denton (No. 19), and Fort Worth (No. 26).

    Six more Texas cities earned spots in the report: the Houston suburbs of League City (No. 7) and Pearland (No. 11); Austin (No. 35) and its neighbor Round Rock (No. 10); the Rio Grande Valley city of Edinburg (No. 43); and Central Texas city Killeen (No. 49).

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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).

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