Cost of Living and Housing in Grand Prairie, Texas

Grand Prairie has about 201,883 residents. Median gross rent is $1,629 per month and median household income is $81,619.

Comparison scope: “dataset median” below means the median among 1,211 cities across 10 states in this dataset. It is not presented as a nationwide Census median. The figures use 2020-2024 ACS 5-Year estimates and may lag current listings.

Median Gross Rent $1,629/mo Close to the dataset median

Median Home Value $295,500 21% below the dataset median

Median Household Income $81,619 Close to the dataset median

Owner-Occupied Homes 59% Share of occupied housing units

Rent-to-Income Baseline 24% Annual median rent ÷ household income

Home Value-to-Income 3.6x Median value ÷ household income

How Grand Prairie compares

Rent is close to the dataset median, while household income is close to the dataset median. Within Texas, Grand Prairie ranks #94 from lowest to highest rent and #78 from highest to lowest household income among 162 cities in this dataset.

The rent-to-income figure compares two citywide medians. It is useful for broad comparison, but it is not an individual household budget or a measure of renter cost burden.

Similar-size cities in Texas

Frequently asked questions

What is the median rent in Grand Prairie?

Median gross rent is $1,629 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home value in Grand Prairie?

The median value of owner-occupied homes is $295,500 in the 2020-2024 ACS 5-Year estimates.

What is the median household income?

Median household income in Grand Prairie is $81,619 per year.

Source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database refreshed 2026-07-11.