%
CapRateCity
Free cap rate calculators for every US market
← All comparisons

Fort Worth vs Dallas for Rental Property Investing

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

Fort Worth wins 7–0 across key metrics
Fort Worth leads on cash flow (2.80% vs 2.57% cap rate)
Metric
Fort Worth, TX
Dallas, TX
Est. Cap Rate
2.80%
2.57%
Median Home Price
$320,000
$355,000
Median Monthly Rent
$1,520
$1,620
1% Rule
0.47%
0.46%
GRM
17.5x
18.3x
Price / Income
5.1x
5.9x
Property Tax Rate
1.79%
1.8%
Vacancy Rate
5.5%
5.6%
Population Growth
2.4% / yr
1.8% / yr
Annual Appreciation
3.2%
3%
Population
958,692
1,318,715
Median Income
$62,800
$60,400

Fort Worth vs Dallas: Which Is Better for Investors?

Cash flow: Fort Worth has the edge with an estimated cap rate of 2.80% compared to Dallas's 2.57%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $320,000 in Fort Worth vs $355,000 in Dallas, while rents come in at $1,520/mo and $1,620/mo respectively.

Growth & appreciation: Fort Worth is growing faster at 2.4% annually vs Dallas's 1.8%. Fort Worth leads on home value appreciation at 3.2% per year. Strong population growth typically translates to sustained rental demand and long-term price support.

Costs & risk: Property taxes are 1.79% in Fort Worth vs 1.8% in Dallas. Vacancy rates of 5.5% and 5.6% are both healthy, suggesting strong tenant demand in both markets.

Bottom line: Fort Worth edges out Dallas on most key metrics. While cap rates are moderate at 2.80%, Fort Worth's overall profile is stronger. Use our free calculators to model specific deals in Fort Worth or Dallas.

Fort Worth, TX
2.80% cap rate · $320,000 median · $1,520/mo
Full analysis →
Dallas, TX
2.57% cap rate · $355,000 median · $1,620/mo
Full analysis →
The CapRateCity Report
Weekly market analysis: highest cap rate cities, emerging markets, and deal breakdowns. Free, no spam.