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Dallas vs Plano for Rental Property Investing

Side-by-side comparison of Dallas, TX and Plano, TX — cap rates, rent, prices, and investment metrics.

Dallas wins 5–1 across key metrics
Dallas leads on cash flow (2.57% vs 2.55% cap rate)
Metric
Dallas, TX
Plano, TX
Est. Cap Rate
2.57%
2.55%
Median Home Price
$355,000
$420,000
Median Monthly Rent
$1,620
$1,900
1% Rule
0.46%
0.45%
GRM
18.3x
18.4x
Price / Income
5.9x
4.4x
Property Tax Rate
1.8%
1.82%
Vacancy Rate
5.6%
4.8%
Population Growth
1.8% / yr
1.6% / yr
Annual Appreciation
3%
3%
Population
1,318,715
289,710
Median Income
$60,400
$96,400

Dallas vs Plano: Which Is Better for Investors?

Cash flow: Dallas has the edge with an estimated cap rate of 2.57% compared to Plano's 2.55%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $355,000 in Dallas vs $420,000 in Plano, while rents come in at $1,620/mo and $1,900/mo respectively.

Growth & appreciation: Dallas is growing faster at 1.8% annually vs Plano's 1.6%. Dallas leads on home value appreciation at 3% per year. Strong population growth typically translates to sustained rental demand and long-term price support.

Costs & risk: Property taxes are 1.8% in Dallas vs 1.82% in Plano. Vacancy rates of 5.6% and 4.8% are both healthy, suggesting strong tenant demand in both markets.

Bottom line: Dallas edges out Plano on most key metrics. While cap rates are moderate at 2.57%, Dallas's overall profile is stronger. Use our free calculators to model specific deals in Dallas or Plano.

Dallas, TX
2.57% cap rate · $355,000 median · $1,620/mo
Full analysis →
Plano, TX
2.55% cap rate · $420,000 median · $1,900/mo
Full analysis →
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