RENTINGand/orBUYINGinDALLAS
Apartment,Condo,orHouse:
Ø RentinganApartment:
o Dallasoffersawidevarietyofapartmentcomplexestochoosefromifyou’reconsideringrenting
anapartment.
o Ingeneral,youcanfindaonebedroomapartmentfor$800-2000permonthdependingon
locationandamenities.
o PopularDallasneighborhoods—Uptown,Oaklawn,MockingbirdStation,UTSWMedicalCenter,
Farmer’sMarketDistrict
Ø RentingorbuyingaCondo:
o Purchasingwillpotentiallyallowyoutopaylessthanapartment/condorentalgivencurrenthigh
demands
§ Mortgage,Insurance,taxes,HomeOwner’sAssociationFees/Duesà$1000-1500/month
rent/mortgage
o PopularNeighborhoodsinDallas–Uptown,Oaklawn,BishopArtsDistrict,MockingbirdStation,
TheMstreets,Lakewood,WhiteRockLake
o PopularSuburbs—Irving,LasColinas,Richardson,Plano,Farmer’sBranch,Carrollton
Ø RentingorbuyingaHouse:
o ItispossibletorentorbuyahouseinoraroundDallasatseveralpricelevels,dependingonyour
preferencesasfarassizeofhouse,neighborhoods,proximitytowork,etc.
o Foradecent-sized3+bedroom,2+bathhousewithinareasonabledrivetowork,youcouldpay
anywherefrom$1100to$3000+permonthinrentormortgage.
o PopularNeighborhoodsinDallas—MStreets,Lakewood,WhiteRockLake,NorthDallas,Kessler
Park.Theseareasaregenerallymoreexpensivethanthesuburbs.
o PopularSuburbs—Irving,Richardson,McKinney,Plano,Farmer’sBranch,Carrollton,Coppell,
Grapevine.Thesecitiesmaybeespeciallyattractiveifyouhaveschool-agechildren.
Ø NeighborhoodDescriptions
o Uptown:ThemajorityofUTSWresidentsandfellowsrentapartmentsintheUptownareaboth
becauseofitsvibrantyoungatmosphereaswellasitsproximitytotheParklandandClements
UniversityHospital(<5miles).Uptownoffersdozensofrestaurantsandshoppingopportunities
aswellasgalleries,boutiques,museums,etc.Manycondominiumsintheareaalsohaveunits
availableforrent.
o MockingbirdStation:furthernorththanUptown,offerssimilaratmospherebutitismorespread
out.ItislocatedclosetoSMUcampus.
o UTSWMedicalCenter:locatedwithinminutesofParklandandClementsUniversityHospital.
Thisareaoffersmanynewlyconstructedapartmentcomplexeswithdiscountedrates.Most
restaurantsandshoppingareonlyashortdriveorbikerideaway.
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Farmer’sMarketDistrict:situatedclosertoDowntownDallas,thisareaprovidesmany
apartmentsandoffersgreatviewsoftheDallasmetropolisandquickaccesstotheFarmer’s
Market.
Downtown:offershighriseapartmentsandcondos,generallymoreexpensive.
Addison:located~10milesnorthoftheUTSWMedicalCenterontheDallasNorthTollway.This
areahasseverallargeapartmentcomplexeswithmanyrestaurants/barswithincloseproximity.
Lakewood/WhiteRockLake:thisareaislocatednortheastofDowntownDallas;itisanolder
neighborhoodthatoffersawidevarietyofhousingoptionsincludingapartments,condosand
houses.Thepricingisalsovariabledependingonsizeandamenities.
MStreets:locatednorthofDowntownDallas;alsoanolderneighborhoodofferingmainlyhouses
thataregenerallyalittlemoreexpensive.
Irving/LasColinas:suburboftheMetroplexthatislocatedwestofDallas,hasawidevarietyof
housingoptionsincludingapartments,condos,andhouses.SouthIrvingisgenerallyless
expensive,whileNorthIrving/LasColinasismoreexpensiveandhasnewerconstruction.
Plano:suburboftheMetroplexlocatednorthofDallas,hasawidevarietyofhousingoptions
includingapartments,condos,andhouseswithlotsofnewconstruction.Italsohaslarge
shoppingareasandrestaurants,butthecommutecanbedauntingwithtraffic.
Farmer’sBranch/Carrollton:suburboftheMetroplexlocatednorthwestoftheUTSWMedical
Center;itmainlyhashouseswithsomeapartmentsandcondos.Generallylessexpensivethan
PlanoandLakewood/WhiteRockLakeareas.
OakLawn–Avant-gardeDallasneighborhood,only2-3mileseastofUTSWMedicalDistrict.
Veryliberalfun-lovingcommunitywithlotsofuniqueshopsandrestaurants.Verypopularwith
urbanprofessionalsandLGBTcommunity.
OakCliff:suburboftheMetroplex,locatedsouthoftheUTSWMedicalCenter.OnlytheKessler
ParkneighborhoodsinOakCliffarerecommended.Thisareahasafewapartmentsandcondos,
butmainlyhasolderhomes.ThisisoneoftheoldestneighborhoodsinDallaswithsome
beautifulhomes,buttheyaregenerallymoreexpensive.ItislocatedneartheBishopArts
District,whichishometoseveralrestaurants/barsandshopping.
Coppell:suburboftheMetroplex,locatednorthwestoftheUTSWMedicalCenterthatmainly
offershouses.Theschooldistrictishighlyregarded,andthereareseveralareasthatare
generallyconsideredasaffordable.