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City Report · NC

Dallas

Pop. 6,104·68th most expensive in North Carolina·Dallas rents are up 18.2% over the past year
Median rent (all units)
$1,705/mo
Year-over-Year
+18.2%
Month-over-Month
+3.3%
vs US Median
-$260
Rising (Monthly)
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Most AffordableMost Expensive
Dallas · $1,705
More affordable than 61% of US cities · National median $1,965/mo
Affordability
35% of income
MODERATE
0%30% benchmark60%+

At $1,705/mo, rent takes about 35% of the local median household income, slightly above the 30% benchmark.

Income to afford
$68,000/yr
Local median income
$58,403/yr
Based on the 30%-of-income rule using Dallas's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,010
1 BR
$1,050
2 BR
$1,160
3 BR
$1,430
4 BR+
$1,810
Research median
$1,160/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,460/yr
At $1,705/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 18.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+18.2% YoY, +3.3% MoM), not inventory.
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Demographics

Who lives here

Dallas, NC is majority owner-occupied, has a median income below the national average, 21.2% of residents hold a bachelor's degree or higher.

Population
6,104
Median income
$58,403
Median age
40.9
Renters
35.6%
Age distribution
18.4%
19.9%
32.9%
15.4%
13.4%
Under 1818.4%
18–3419.9%
35–5432.9%
55–6415.4%
65+13.4%
Gender
43.9%
56.1%
Male43.9%
Female56.1%
Race & ethnicity
48.9%
34.8%
13.4%
White48.9%
Black34.8%
Hispanic13.4%
Other2.5%
Education (25+)
16.3%
21.1%
41.3%
21.2%
No HS diploma16.3%
HS diploma21.1%
Some college41.3%
Bachelor's+21.2%
Housing tenure
64.4%
35.6%
Owner64.4%
Renter35.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Dallas, NC has changed in 5 years

Income
$51,136 → $58,403
up 14.2%
Population
5,777 → 6,104
up 5.7%
Renter share
44.4% → 35.6%
-8.8 pts
Bachelor's+
13.8% → 21.2%
+7.4 pts
Median age
38.4 → 40.9
+2.5 yrs

On the earnings side, the typical household in Dallas, NC now reports about $58,403, up from $51,136 in 2021. Census counts show Dallas, NC adding about 327 residents over the five-year window, up 5.7% on net. The renter share has eased from 44.4% to 35.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 13.8% to 21.2% across the same window.

Community

Discussions about Dallas

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View Dallas rent history (2015–2026) →
Salary vs rent

Can you afford rent in Dallas on your salary?

At $1,705/mo, how Dallas rent compares to typical pay (30% rule).

By apartment size

Dallas rent by bedroom count

Median rent for each apartment size in Dallas. Click any size for full breakdown.

Local insights

Tips for renters in Dallas

About renting in Dallas, NC

Last updated: July 20, 2026

The median rent in Dallas is $1,705/mo as of July 2026. A studio apartment averages $1,010/mo while a 2-bedroom runs $1,160/mo. One-bedroom apartments average $1,050/mo and 3-bedroom units go for $1,430/mo.

At 35% of local median household income ($58,403/yr), Dallas ranks as moderate compared to the national benchmark of 30%. Rents have increased 18.2% over the past year.

FAQ

Frequently asked questions

Is Dallas an affordable city for renters?

Dallas is considered moderate for renters. At $1,705/mo, rent takes approximately 35% of the local median household income ($58,403/yr). The standard benchmark is 30%. Dallas slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Dallas?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,705/mo in Dallas. The local median household income is $58,403/yr, meaning the typical Dallas household falls short of that threshold.

Is rent going up or down in Dallas?

Rent in Dallas has increased 18.2% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Dallas rent compare to other cities in North Carolina?

Dallas is middle-of-the-pack for North Carolina for rent, ranking #68 out of 126 tracked cities at $1,705/mo.

Which nearby cities are cheaper to rent in than Dallas?

Several nearby cities have lower median rents than Dallas ($1,705/mo): Lincolnton ($1,305/mo), Bessemer City ($1,375/mo), Gastonia ($1,524/mo).

What percentage of Dallas residents rent vs. own?

According to Census data, approximately 35.6% of Dallas households are renters, while 64.4% are owner-occupied. Dallas leans toward homeownership, which can mean a smaller rental inventory.

How does Dallas rent compare to the national average?

Dallas's median rent of $1,705/mo is $260 (13%) below the US national median of $1,965/mo. Within North Carolina, it ranks #68 out of 126 tracked cities.
Income Affordability
35%
MODERATE

At $1,705/mo, rent takes ~35% of Dallas's median household income ($58,403/yr). The standard benchmark is 30%.

Dallas 35%Benchmark 30%
State income tax4.5%
Run the Dallas affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Dallas, NC

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