Lake Dallas

Background Image

Lake Dallas, TX Area Guide

Avg Rent

$1,242

Population

8,465

Renter Mix

33% Rent

Get hooked on Lake Dallas

Scenic Lakeside Peaceful Upscale Active

Situated on the eastern shores of Lewisville Lake, Lake Dallas is a peaceful community with a small-town atmosphere. Lake Dallas is predominantly residential, offering a variety of apartments and houses available for rent on tranquil tree-lined streets.

Lake Dallas also boasts numerous suburban amenities on Main Street, including casual restaurants and convenience stores. The community is, perhaps, best known for its excellent opportunities for outdoor recreation, particularly water-based activities on the sprawling Lewisville Lake.

Most rentals in the community are just steps away from the lake, where residents and visitors alike enjoy fishing, swimming, boating, and more. Interstate 35E gets Lake Dallas residents wherever they need to be in the Dallas-Fort Worth Metroplex within minutes.

Demographics

Median Household Income

$71,000

Average: $87,453

Education

1,921

Residents Have a Degree

Job Market

4,504

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

39 Years

Largest Age Group

35-44 Years

Approximately 15% of Residents

Under 20

25%

Over 65

14%

Housing Distribution

Lake Dallas has more homeowners than renters.

Renters
33%
Non-Renters
67%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
18%
Other Education
82%

Rent Trends

As of May 2026, the average apartment rent in Lake Dallas, TX is $1,224 for one bedroom, $1,660 for two bedrooms, and $2,000 for three bedrooms. Apartment rent in Lake Dallas has increased by 1.6% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,224/month
716 Sq Ft
House
$2,379/month
1,816 Sq Ft
See Rental Market Trends in Lake Dallas, TX

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Lake Dallas Elementary School

Public

Grades PK-5

534 Students

Lake Dallas Middle

Public

Grades 6-8

902 Students

Lake Dallas Middle School

Public

Grades 6-8

902 Students

Points of Interest

Parks and Recreation

  • Lewisville Lake Environmental Learning Area
  • Sky Theater
  • Clear Creek Natural Heritage Center

Airports

  • Dallas-Fort Worth International
  • Dallas Love Field

Top Apartments in Lake Dallas

Houses for Rent in Lake Dallas

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.