Homes for Rent in Dallas, TX: What You Need to Know
Dallas (population: 1.3 million) is the largest city in Texas. The hit TV series “Dallas” made the city a household name.
The Big D is the principal city in the Dallas-Fort Worth metropolitan area, which consists of 12 counties in North Texas. The area’s GDP is $468.92 billion, comparable to Sweden’s GDP. The area is home to 22 Fortune 500 companies. AT&T, 7-Eleven, and Texas Instruments are based in Dallas. The city’s big employers include Bank of America, Baylor Scott & White (nonprofit health-care system), and JP Morgan & Chase Co.
The Local Sports Scene
The city’s passion for sports is embodied by the Dallas Cowboys, five-time Super Bowl champions. Even though the Cowboys represent Dallas, the team is based in Frisco, and plays its home games in Arlington. Both cities are part of the Dallas-Fort Worth metro area. Local fans also root for the Dallas Stars (NHL), who won the Stanley Cup in 1999; the Mavericks, 2011 NBA champion; Dallas Wings, three-time WNBA champion; and Texas Rangers (MLB).
Dallas was laid out in 1844 by John Neely Bryan of Tennessee, who moved to the area in 1841. How the city got its name remains a mystery, although historians think it was named after either Joseph Dallas, an early settler, or George Mifflin Dallas, U.S. vice president from 1845 to 1849. For many people, Dallas will forever be associated with the death of President John F. Kennedy. On Nov. 22, 1963, Kennedy was assassinated during a motorcade through downtown Dallas. Lee Harvey Oswald was arrested for allegedly shooting Kennedy. But shortly after his arrest, Oswald himself was assassinated by Jack Ruby, who died in 1967 while awaiting trial.
Cost of Living
The cost of living rate, food, and housing costs in Dallas are 2.7%, 3.2%, and 12.3% lower than the national average, respectively. The median gross rent is $987. Best of all, the Lone Star State has no income tax. It collects 6.25% to 8.25% in sales tax.
Know Your Neighborhoods
Love urban living? Uptown Dallas is teeming with mid-rise apartments and townhouses. The neighborhood is popular among young professionals looking to rent, as well as empty nesters. If you want to be close to Dallas but not live there, University Park is nearby. Home to Southern Methodist University, the suburb has great schools and a welcoming environment. Plano and Richardson, within commuting distance of Dallas, are popular for their big-city amenities and top-notch schools.