In Addison, a typical home is worth $482,000 and typical rent is $1,784 a month. Compared with all of Dallas County, the typical home value is 59% higher, typical rent is 14% higher, and the share of households that own their home is 33 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $422,430 to $499,576.
Typical rent
$1,591a month
▲ 0.9% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,570 to $1,591.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Addison is in Dallas County. The FHA loan limit ($563,500 for a one-unit home), the fair market rents and the help on this page are those of all of Dallas County. See the county
What this place has that others do not, from public data, most unusual first.
1
Addison has the lowest homeownership rate of the 426 cities in Texas with more than 5,000 people: 18%.
2
The typical home in Addison is worth $482,000,59% more than in Dallas County as a whole ($303,000).
3
Nearby, in Farmers Branch, the typical home value is $364,600: 24% less than in Addison ($482,000).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Addison
What homes there are in Addison, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Addison
Dallas County
Texas
United States
Kind of home: Addison and its comparisons
Measure
Addison
Dallas County
Texas
United States
Detached house
13%
52%
64%
61%
Attached house
5%
4%
3%
6%
Building of 2 to 4
10%
6%
5%
8%
Apartments (5 or more)
73%
37%
21%
19%
Mobile home
Unreliable estimate
2%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Addison, the apartment is the most common kind of home: 73%, against 37% in Dallas County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Addison
Dallas County
Texas
United States
Year built: Addison and its comparisons
Measure
Addison
Dallas County
Texas
United States
Before 1960
Unreliable estimate
17%
12%
26%
1960–1979
10%
28%
21%
24%
1980–1999
42%
28%
28%
25%
2000–2009
17%
13%
18%
14%
2010 or later
28%
14%
21%
11%
Homes in Addison are newer: the typical year built is 1998; in Dallas County, 1983.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K47%
$500K–$750K36%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Addison and its comparisons
Measure
Addison
Under $100K
Unreliable
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
47%
$500K–$750K
36%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49923%
$1,500–$1,99944%
$2,000–$2,49924%
$2,500–$2,9995%
$3,000 or moreUnreliable
Monthly rent with utilities: Addison and its comparisons
Measure
Addison
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
23%
$1,500–$1,999
44%
$2,000–$2,499
24%
$2,500–$2,999
5%
$3,000 or more
Unreliable estimate
With a mortgage
$2,610 a month
Dallas County: $2,166 a month
Without a mortgage
$1,082 a month
Dallas County: $793 a month
Owners with a mortgage
63%
Dallas County: 57%
In Addison, 63% of owners have a mortgage, and their typical cost is $2,610 a month, against $2,166 in Dallas County. Without one it drops to $1,082.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Addison+44%
Dallas County+73%
Texas+65%
United States+53%
Typical rent
Addison+32%
Dallas County+42%
Texas+34%
United States+33%
Typical household income
AddisonNo clear change
Dallas County+28%
Texas+27%
United States+29%
Change since 2015–2019: Addison and its comparisons
Measure
Addison
Dallas County
Texas
United States
Typical home value
+44%
+73%
+65%
+53%
Typical rent
+32%
+42%
+34%
+33%
Typical household income
No clear change
+28%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Addison rose 44%; in Dallas County, it rose 73%.
Since 2015–2019, the typical rent in Addison rose 32%, less than in Dallas County (42%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Addison and its comparisons
Measure
Addison
Dallas County
Texas
United States
Rental vacancy
Unreliable estimate
9.1%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
1.1%
0.9%
More than one person per room
3.8%
6.2%
4.8%
3.4%
People per household
1.60
2.63
2.69
2.53
Drive alone
67%
68%
71%
69%
Carpool
5%
12%
10%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
25%
16%
14%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
In Addison, 3.8% of households live with more than one person per room, against 6.2% in Dallas County.
Households in Addison are smaller: 1.60 people on average; in Dallas County, 2.63.
Working from home is more common in Addison: 25%, against 16% in Dallas County.
Do the math
What would you pay each month for a home in Addison?
A typical home costs more than the typical income allows
We start with a typical home in Addison, worth $482,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 68% of the typical household income in Addison, which is $73,854 a year. For that payment to be 28% of income, a household would need to earn about $180,281 a year.
The calculator's FHA and conventional loan limits are those of all of Dallas County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Addison. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $16,870 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$4,207
at 7.18% · 30 years
Loan amount
$473,270
Total interest
$680,924
Paid off in
November 2056
Includes $8,140 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,723 a month
Tight
$1,723 to $2,216 a month
Hard
more than $2,216 a month
Your payment · 68%
Compared with the typical household income in Addison ($73,854 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,206
Property tax
$586
Home insurance
$201
FHA mortgage insurance (MIP)
$213
You need at least $16,870 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $4,207; principal and interest $3,206.
The city and its county
Addison and Dallas County
Addison is in Dallas County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Addison
Map of Dallas County, Texas, with Addison marked. Around it, the neighboring counties.
Addison
Dallas County
Other cities with a page
Addison's own numbers
Typical home value
$482,000
Typical monthly rent
$1,784
Typical yearly household income
$73,854
Households that own their home
18%
Effective property tax rate
1.46%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Dallas County
FHA limit, one-unit home
$563,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,807
Price change over 5 years (FHFA)
+45%
Homes in a high flood-risk zone
1%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Dallas County.
A typical home in Addison is worth $482,000: 59% above the county and 70% above Texas. With the typical household income in Addison ($73,854 a year), a typical home costs 6.5 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Addison6.5 years
Dallas4.0 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Dallas County
According to FHFA’s house price index, home prices in Dallas County rose 98% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Dallas County.
Yearly change in FHFA’s price index in Dallas County, 2016 to 2025
2016: +9.8% +9.8% 2016
2017: +9.5% +9.5% 2017
2018: +6.7% +6.7% 2018
2019: +4.1% +4.1% 2019
2020: +2.1% +2.1% 2020
2021: +12.1% +12.1% 2021
2022: +19.8% +19.8% 2022
2023: +5.0% +5.0% 2023
2024: +3.0% +3.0% 2024
2025: −0.1% −0.1% 2025
Change in FHFA’s price index in Dallas County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
−0.1%
+0.8%
+2.9%
5 years (2020–2025)
+45%
+44%
+47%
10 years (2015–2025)
+98%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Addison next to Dallas County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Addison$482,000
Dallas$303,000
Texas$283,800
United States$332,700
Typical monthly rent
Addison$1,784
Dallas$1,565
Texas$1,403
United States$1,413
Typical yearly household income
Addison$73,854
Dallas$76,547
Texas$78,476
United States$80,734
See the full table
Addison next to Dallas County and Texas
Measure
Addison
Dallas County
Texas
U.S.
Typical home value
$482,000 ▲59% above the county
$303,000
$283,800
$332,700
Typical monthly rent
$1,784 ▲14% above the county
$1,565
$1,403
$1,413
Typical yearly household income
$73,854 ▼4% below the county
$76,547
$78,476
$80,734
Households that own their home
18% ▼33 points below the county
51%
63%
65%
Typical yearly property tax
$7,041 ▲47% above the county
$4,798
$4,232
$3,119
Effective property tax rate
1.46% ▼0.12 points below the county
1.58%
1.49%
0.94%
Renters with high rent for their income
49% ▼3 points below the county
52%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Dallas County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Addison
For a typical $482,000 home in Addison, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Addison's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$4,207a month
Least cash to close
Down payment
$16,870
Cash to close
$31,330
Rate
7.18%
Mortgage insurance
FHA MIP · $213
Conventional, 5% down$4,118a month
Down payment
$24,100
Cash to close
$38,560
Rate
7.18%
Mortgage insurance
PMI · $229
Conventional, 20% down, no PMI$3,399a month
Down payment
$96,400
Cash to close
$110,860
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,845a month
Down payment
$72,300
Cash to close
$86,760
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Addison
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$4,207
$16,870
$473,270
7.18%
FHA MIP · $213
$31,330
580
Conventional, 5% down
$4,118
$24,100
$457,900
7.18%
PMI · $229
$38,560
620*
Conventional, 20% down, no PMI
$3,399
$96,400
$385,600
7.18%
None
$110,860
620*
ITIN, 15% down (example)
$3,845
$72,300
$409,700
8.18%
None
$86,760
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Addison is $1,784 a month: 14% above the county. In Addison, 49% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Dallas County, by unit size. To pay the 2-bedroom one ($1,807 a month) without spending more than 30% of your income, you would need to earn $34.75 an hour working full time.
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 9 HUD-approved agencies with an office in Dallas County; 6 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Addison or Dallas County. The ones below are statewide in Texas: they work in Addison the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
No legal help resource on our list is for Addison or Dallas County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Addison and all of Dallas County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Addison?
The typical home value in Addison is $482,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Dallas County it is $303,000.
How much does it cost to rent in Addison?
Typical rent in Addison is $1,784 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Dallas County is $1,807.
What is the FHA loan limit in Addison?
Addison uses the FHA limit for all of Dallas County (2026): $563,500 for a one-unit home and $1,083,650 for a four-unit home.
How much property tax do owners pay in Addison?
The typical homeowner in Addison pays $7,041 a year, according to the U.S. Census Bureau. That is 1.46% of the home’s value; in Dallas County, the rate is 1.58%.
Where can I find free help to buy or rent in Addison?
There are 9 HUD-approved counseling agencies with an office in Dallas County. 6 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
