10 Affordable Neighborhoods in Dallas, Texas

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When you think of Dallas, Texas, you might picture upscale downtown living, vibrant cultural scenes, and a booming job market. All of this is true! Known for its sunshine, cowboys, concerts, and culture, Dallas is one of the top destinations for couples and families looking to rent or buy a home. However, Dallas also offers some hidden gems in the shape of pleasant communities. If you’re looking for affordable housing in Dallas, TX, you’ll find several neighborhoods where you can enjoy a great quality of life without burdening your budget. Let’s explore 10 of these affordable neighborhoods that are worth considering for your next move.

1. Oak Cliff

Once an almost unknown neighborhood in Dallas, Oak Cliff has blossomed into one of the best areas in Dallas, TX. Known for its historic charm and diversity, Oak Cliff offers affordable housing without compromising on community life or other important lifestyle factors. From cozy bungalows to modern townhomes, this neighborhood has something for everyone. Oak Cliff is also home to great parks and a thriving arts scene, making it one of the city’s most affordable and vibrant areas.

2. Lakewood

For those who love nature but want easy access to the city, Lakewood offers a great option. Nestled near White Rock Lake, this neighborhood offers safe areas in Dallas, TX, where you can enjoy the outdoors and peaceful streets without paying sky-high prices. The charm of Lakewood comes from its mix of historic homes and new buildings, making it one of the best neighborhoods for families in Dallas. You can also enjoy walking, biking, and scenic views at White Rock Lake, all within arm’s reach of your home.

3. Pleasant Grove

For those who are looking to buy a home without emptying their savings, Pleasant Grove provides affordable housing in Dallas, TX, in a quiet, suburban setting. This neighborhood offers a mix of affordable homes, from modest single-family houses to townhouses. Known for its friendly atmosphere and community events, it’s also one of the safest neighborhoods in Dallas for young families. The area is still developing, so prices here are lower compared to more central areas of the city, making it a great value for first-time homebuyers.

4. East Dallas (Lower Greenville)

If you’re looking for a more urban feel without the high price tag, East Dallas could be the perfect choice. Lower Greenville in particular offers a fantastic mix of affordable housing options and safe areas in Dallas, TX. With tree-lined streets, great bars, restaurants, and easy access to downtown Dallas, it’s easy to see why this area is so popular among young professionals and families alike. The vibrant culture and local businesses also give this neighborhood a welcoming feel.

5. Flower Mound

Flower Mound is a rapidly growing suburb of Dallas that blends small-town charm with modern conveniences. Known for its safety, top-rated schools in Lewisville ISD, and a strong community feel, it’s an ideal spot for families and retirees. The area offers scenic parks, lakefront activities, and nature trails, creating plenty of outdoor recreation options. With low crime rates, affordable housing, and some of the lowest tax rates in Texas, it remains an attractive place to settle. 

6. Bishop Arts District

If you are more liberal, the Bishop Arts District is an up-and-coming area that offers affordable housing in Dallas, TX with plenty of character. The district is known for its local shops, unique dining options, and vibrant nightlife. Though the area is becoming increasingly popular, it’s still possible to find affordable homes that provide great value compared to other parts of Dallas. Bishop Arts is also one of the safest neighborhoods in Dallas, with a community-focused atmosphere that makes it ideal for families, young professionals, and retirees alike.

7. Vickery Place

Vickery Place is a small, cozy neighborhood that provides a welcoming environment at a more affordable price. It offers a mix of small bungalows, vintage homes, and newer construction, making it a flexible option for various budgets. Located near the lively Knox-Henderson area, it provides easy access to some of the best areas in Dallas, TX while keeping housing costs lower.

8. Forest Hills

Located just northeast of White Rock Lake, Forest Hills is a hidden gem when it comes to affordable housing in Dallas, TX. While it’s a bit more suburban than some of the other options on this list, it’s still close enough to downtown to offer easy access to the heart of the city. The neighborhood offers a great selection of affordable homes that attract those looking for a more relaxed lifestyle. With beautiful parks, lake views, and a friendly community, it’s one of the best neighborhoods for families in Dallas.

9. Midway Hollow

Midway Hollow is another great choice for those seeking affordable housing in Dallas, TX, without sacrificing quality of life. This neighborhood offers a mix of renovated mid-century homes and newer builds, offering a variety of options for different budgets. With convenient access to major highways, shopping centers, and parks, it’s a perfect spot for young families and professionals alike.

10. Cedar Crest

Cedar Crest is an growing neighborhood offering affordable housing in Dallas, TX with easy access to downtown. It’s known for its historical charm, spacious lots, and low-cost housing options. While it’s still in the process of renewal, Cedar Crest is a neighborhood that offers a lot of potential. It’s a great place to find a house at a reasonable price before the area becomes more developed. Cedar Crest also offers excellent parks and recreation areas, making it an excellent choice for those seeking an active lifestyle.

Conclusion

When it comes to finding affordable housing in Dallas, TX, these neighborhoods provide great value while offering a high quality of life. One can include beautiful cities like Frisco and McKinney but they are a bit expensive. Whether you’re drawn to vibrant urban areas like Bishop Arts District or quieter, family-friendly spots like Forest Hills, Dallas has something for everyone. With the best neighborhoods for families in Dallas and a range of safe areas in Dallas, TX, there are plenty of options for those looking to relocate without overburdening their budget.