Design District home values

Design District
Dallas, Texas · Neighborhood report
Median value $650K · ZIP 75207 · Values through Aug 2026

Design District at a glance

  • Design District shares ZIP-level data with Dallas (city ZIP 75201): median value $649,700, median rent $1,971/month.
Value score

Design District home value score

2.7
Value Score / 10
Census-based
from local value, rent & income

In Dallas (city ZIP 75201), prices are high relative to rents (a low gross yield), and homes are expensive against local incomes.

How the Value Score is built

Rental yield0.9 / 10
Gross annual rent as a share of home value — 3.6% here. Higher means stronger cash flow.
Affordability4.5 / 10
Home value versus local income — 6.4× here. Lower is more affordable.

Computed figures

3.6%
Gross rental yield
6.4×
Price-to-income
+91%
Value vs U.S.

A transparent value snapshot — this ZIP has no ACS figures yet, so it uses Dallas (city ZIP 75201) (U.S. Census ACS 2023): home value, gross rent and household income. It is not a market-timing or appreciation forecast.

Buying vs renting

What it costs to buy a home in Design District

$650K
Typical price
$130K
Down payment (20%)
$3,285
Monthly P&I
$1,971
Median rent

At the typical value of $649,700, a buyer putting 20% down ($129,940) and financing the rest at 6.5% over 30 years would pay about $3,285 a month in principal and interest — 39% of the median household income here. That is well above the common 28% guideline, so buying here typically takes an above-median income, a larger down payment or existing equity. The median rent is $1,971/month, so owning costs roughly 67% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Take-aways

What this means for buyers, sellers and investors in Design District

Buyers

At 6.4× local income, this is a premium market; expect competition for the few homes at the lower end of the range.

Sellers

Typical values here are 91% above the U.S. median; get a home-specific estimate before you list — condition and size move the number more than the area average.

Investors

A gross rental yield of 3.6% is low — this is an appreciation play rather than a cash-flow market.

Nearby

Other neighborhoods in Dallas

NameHome value1-yrIncomeRentPrice / income
Addison (adjacent) city data$650K+2.7%$101K$1,9716.4×
Arts District city data$650K+2.7%$101K$1,9716.4×
Bishop Arts District city data$650K+2.7%$101K$1,9716.4×
Cedars$221K−2.4%$66K$1,3873.3×
Deep Ellum—+0.5%———
Design District—————
Downtown city data$650K+2.7%$101K$1,9716.4×
East Dallas$450K+4.9%$50K$1,0459.1×
Fair Park$244K−1.1%$67K$1,3633.7×
Far North Dallas city data$650K+2.7%$101K$1,9716.4×
Kessler Park city data$650K+2.7%$101K$1,9716.4×
Knox-Henderson ZIP 75205 · shared$1.52M+7.0%$188K$2,3488.1×
Lake Highlands$359K−1.2%$50K$1,2267.1×
Lakewood$707K+4.1%$129K$1,5365.5×
Lower Greenville$558K+2.9%$88K$1,7156.3×
North Dallas$389K−3.0%$63K$1,3916.2×
Oak Cliff$125K−4.0%$46K$1,1102.7×
Oak Lawn$378K−0.2%$93K$1,7514.1×
Park Cities (adjacent) ZIP 75205 · shared$1.52M+7.0%$188K$2,3488.1×
Pleasant Grove—————
Preston Hollow city data$650K+2.7%$101K$1,9716.4×
South Dallas city data$650K+2.7%$101K$1,9716.4×
Trinity Groves—————
Turtle Creek city data$650K+2.7%$101K$1,9716.4×
Uptown city data$650K+2.7%$101K$1,9716.4×
Victory Park ZIP 75202 · shared$325K−6.4%$102K$1,9753.2×
West End ZIP 75202 · shared$325K−6.4%$102K$1,9753.2×
White Rock city data$650K+2.7%$101K$1,9716.4×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

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Estimates are informational only and are not an appraisal.

Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.