Dallas, TX
Dallas, TX landlord and rental property insurance
What Dallas landlords should know before insuring a rental. A quote is not a binder.
Dallas is home to roughly 1,300,000 people in Dallas County, and about 58% of its 533,915 occupied homes are rented rather than owner-occupied, above the Texas rate of 37%. That mix shapes who is buying landlord coverage here and what underwriters expect to see.
Key housing figures for Dallas, TX
| Measure | Dallas | Texas |
|---|---|---|
| Renter-occupied homes | 58% (307,300) | 37% |
| Median owner-occupied home value | $320,700 | $283,800 |
| Median gross rent | $1,472/mo | $1,403/mo |
| Median year structure built | 1981 | 1992 |
| Homes in 2–4 unit buildings | 7% | 5% |
| Single-family homes (detached or attached) | 45% | 67% |
Data: Census ACS 5-year estimates for 2020–2024 via Census Reporter, and Census Vintage 2024 population estimates.
What home values in Dallas mean for your dwelling limit
Homes in Dallas carry a median value near $320,700 according to the Census, compared with $283,800 statewide. Because land is never rebuilt, many owners find their rebuild estimate differs from that figure in either direction.
For context, the NAIC reported that Texas dwelling-fire policies insuring $300,000 to $324,999 averaged $1,933 a year in 2023, against a statewide dwelling-fire average of $1,226. Those are owner-occupied dwelling-form figures, not landlord quotes.
How much rent to protect in Dallas
The Census median gross rent for Dallas, $1,472 per month, is a reasonable starting point for fair rental value. At that rate, 12 months is about $17,664 per unit.
How old Dallas's housing is, and why it matters
With a median year built of 1981, many Dallas rentals are reaching the age where original roofs, water heaters, and HVAC units are replaced. Note those dates on your request.
Dallas's mix of rental buildings
Dallas's housing is mixed: about 45% single-family, 7% in 2–4 unit buildings, and 47% in buildings of five or more units. Dwelling forms fit up to four units; larger buildings need commercial apartment coverage.
Dallas next to other Texas rental cities
Irving has a renter share of 62% with homes valued around $315,600 at the median. For comparison, Garland comes in at 38% rented and $270,800 median value, with median rent of $1,641. In Grand Prairie, 41% of occupied homes are rented and the median value is $295,500. By renter share, Dallas is number 4 on our list of 30 Texas cities. Roughly 47% of homes in Dallas are in buildings of five or more units, the point where most owners move to commercial apartment policies.
Weather and property risks for Dallas rentals
For rentals in Dallas, the hazards that most often shape Texas landlord coverage include hail, especially across North and Central Texas and wind and hurricane exposure near the Gulf coast. Ask how your policy handles each, and whether any separate deductible applies.
Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.
Your Dallas quote checklist
- Mortgage company details, if financed
- How much liability and lost rent you want covered
- Street address in Dallas and number of units
- Construction year plus the age of the roof
- Lease type and whether the unit is ever empty
- Any system updates, with years
- Current insurer and any losses in five years
Request a Dallas landlord quote
Dallas landlord insurance questions
How many renters live in Dallas?
About 58% of occupied homes in Dallas, roughly 307,300 households, are renter-occupied according to the 2020–2024 American Community Survey.
Is landlord insurance required in Dallas?
Not by statute. In practice, a Dallas rental with a mortgage will need property coverage, and associations or managers often insist on liability limits.
How much does landlord insurance cost in Dallas?
It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 Texas dwelling-fire average of $1,226; see our Texas page for the full table.
More landlord pages near Dallas
Landlord insurance in Texas · Cost by state
Last updated October 15, 2026. Sources and method: how we research.