$1,500 Per Month
- 2 Beds
- 1 Bath
- 864 Sq Ft
- 567
505-515 SE Mill St Unit 505, Dallas, OR 97338
Frequently Asked Questions
How much does it cost to rent a home in Dallas, OR?
The median rent for a home in Dallas, OR is $1,750 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Dallas, OR?
To comfortably afford the median rent in Dallas, OR, a household needs to earn roughly $70,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,750 per month in Dallas, OR, renters typically need to show $5,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Dallas, OR?
In Dallas, OR, the price-to-rent ratio is 20.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Dallas, OR are best for renting a home?
The best neighborhood for renting in Dallas, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Salem, Sunnyslope, Faye Wright, South Central and South Gateway, each with its own character and price range.
