Finding accommodation in Dallas will be one of the biggest challenges facing those moving to the city. Regardless of whether one is looking to rent or buy, housing in Dallas is in short supply.
That said, the quality of apartments and houses in Dallas is high, and property prices reflect this. In fact, Dallas is home to some of the most luxurious and expensive properties in the world. In terms of more affordable living options in Dallas, choices are limited.
Due to the shortage of property, especially in popular areas and suburbs of Dallas, it's advisable to start the search as soon as possible. Luckily, there are plenty of estate agents available in Dallas to advise newcomers on the city’s property market.
Types of accommodation in Dallas
The type of housing available is varied, ranging from modern apartments and urban loft spaces in the downtown area to luxury condos and huge family homes further out in the suburbs.
As property is big business in Dallas, the standard is generally excellent and properties are always well maintained. This high standard of accommodation comes with a hefty price tag though. Standard property prices should be carefully researched ahead of moving to Dallas.
Finding accommodation in Dallas
Demand for accommodation in Dallas exceeds supply, so finding somewhere to stay isn't always easy. New arrivals will benefit from the services of a real estate agent, who will be familiar with the local property market. There are plenty of agents working in the city and it's worth speaking to other newcomers to get recommendations too.
The internet is another good place to begin a search for a property. Online portals can be used to get an idea of the property prices in particular neighbourhoods. It's important to note that property in sought-after areas is snapped up quickly in Dallas, often even before agents have a chance to advertise online. It's wise to get a head start by ensuring the agent is aware of one's ideal areas, budget and preferred type of housing.
Renting accommodation in Dallas
Most people who move to Dallas will opt to rent rather than buy property, at least initially. This allows a greater degree of flexibility and gives new arrivals time to get to know the city's various neighbourhoods before making a long-term commitment.
As the availability of property is limited, landlords will typically be looking for tenants who can commit to a lease for a minimum of one year. It's important to read a lease carefully before signing to become familiar with any limitations it might specify and to check whether there are additional costs on top of rent.
Generally, tenants are expected to put down a deposit of at least one month’s rent. If the property is returned in good condition, tenants should receive the deposit back in full.
Furnished vs unfurnished
Both furnished and unfurnished housing is available. Basic fittings such as light fixtures, blinds and built-in cupboards are usually included in both types of property. Some unfurnished properties will come with a stove, refrigerator and washing machine, but it is always worth confirming the details with the property owner.
Utilities are usually not included in the cost of renting a property, so these costs need to be taken into account on top of the rental price.
Buying property in Dallas
Most new arrivals in Dallas only plan on staying for a short period of time and therefore don’t look into the option of buying property.
Those who do plan on settling down in Dallas should note that there is a severe shortage of properties available. This means that Dallas has become a seller’s market and is often considered a good place to invest in real estate. Those who eventually move out of Dallas can sell their property at a high price and, because there are so many buyers looking for property in the area, chances are sellers will get their asking price.
Bearing this in mind, those looking to buy would do well to enlist the services of an estate agent to help them find a suitable and affordable property to purchase.
► Getting Around in Dallas provides detailed information on the various modes of transport available to those living in Dallas.
Are you an expat living in Dallas?
Expat Arrivals is looking for locals to contribute to this guide, and answer forum questions from others planning their move to Dallas. Please contact us if you'd like to contribute.
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