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12 Best Places To Live In Dallas For Young Professionals

In this article, I list the best neighborhoods to live in Dallas for young professionals looking to stake a claim to this cosmopolitan city.

Dallas is a modern, contemporary city known for its food, culture, history, thriving entertainment scene, and of course, sports. In recent years, it has also attracted the migration of a lot of young people due to its increasing and expanding economy and is said to be one of the fastest-growing economies in the U.S. The cost of goods, housing, and healthcare are all more affordable in Dallas compared to other major U.S. cities, so it is no wonder that a lot of young professionals are migrating to this Texas city.

 

The Best Places to To Live In Dallas for Young Professionals

  1. Deep Ellum
  2. Bishop Arts District
  3. Uptown
  4. Victory Park
  5. Knox-Henderson
  6. Design District
  7. Greenland Hills
  8. Lower Greenville
  9. Downtown
  10. Oak Lawn
  11. Lake Highlands
  12. Addison
Best Places To Live In Dallas For Young Professionals
Best Places To Live In Dallas For Young Professionals

 

The 12 Best Places to To Live In Dallas for Young Professionals

 

1. Deep Ellum

Deep Ellum is known for its thriving nightlife. It is known as the “live music capital of North Texas”, and it is a vibrant and quirky place to live with its many art galleries, street art, and murals, and its many bars, pubs, and restaurants.

Deep Ellum is not only known for its art galleries, street art, and murals, but also for its bars, pubs, and restaurants.
Photo Credit: @deepellum on Instagram!

It is also a district home to a lot of historical buildings, including one of the first assembly plants for Ford. It also used to be home to a lot of jazz and blues musicians in the 1920s.

Deep Ellum is a very artsy, busy, lively, richly historical place, and is highly walkable. It offers convenient access to the DART, which is a plus for commuters.

  • Population: 2,743
  • Median Rent: $1,383
  • Median Home Value: $188,851

 

2. Bishop Arts District

Located just south of Downtown Dallas, the Bishop Arts district is one of the most trendy and interesting Dallas neighborhoods.

With its nightlife and entertainment options, eclectic mix of independently owned stores and sweet shops, and diverse food offerings ranging from classic Texas BBQ, farm-to-table cuisine, to sushi, to rustic Italian, it is one of the most interesting and satisfying foodie havens.

Bishop Arts District in Dallas is well-known for its diverse food offerings
Photo Credit: @adelinecreperie on Instagram!

 It is also a popular shopping destination with a focus on small businesses and local artisans, so you’ll for sure always get something unique and one-of-a-kind here.

The ambiance is retro, and the streets walkable and instagrammable with their many murals. It has a true hipster and laid-back feel, which of course has lots of good coffee shops.

  • Population: 2,722
  • Median Rent: $894
  • Median Home Value: $316,080

 

3. Uptown

The Uptown district is located just north of Downtown Dallas and is considered one of the best places to live in the city.

With its pedestrian-friendly and tree-lined streets, its trendy and cool restaurants, hip lounges, and high-end boutiques, its green parks, fitness studios, and cool cafes, it is a modern, urban neighborhood that is considered by many to be the best live-work-play community in all of Dallas.

The Uptown District of Dallas is one of the best places for young professionals to live as everything you need is just a short walking distance away
The Uptown District of Dallas is one of the best places for young professionals to live as everything you need is just a short walking distance away

Uptown is popular for millennials and young professionals because it has everything you need within a short walk’s distance.

Its style of development is that which is termed “mixed-use” or “new urbanist”, which means that it is extremely walkable, environment-friendly, and residential, commercial, industrial, and entertainment facilities are designed to use the same spaces, unlike in other districts where these are developed separately.

The Uptown district is considered one of the most upscale neighborhoods, and also one of the most densely populated.

McKinney Avenue is one of the most popular entertainment streets, with restaurants, shops, spas, hotels, and art galleries, and can easily be navigated by a free retro trolley, called the McKinney Avenue Trolley.

You can easily navigate through Uptown Dallas by riding the retro McKinney Avenue Trolley.
Photo Credit: @chrisq_photography on Instagram!
  • Population: 24,675
  • Median Rent: $1,769
  • Median Home Value: $480,665

 

4. Victory Park

Victory Park is one of the newer neighborhoods near Downtown Dallas, which also offers easy access to the Uptown area. Many consider it part of Uptown, with its modern and clean environment, and bustling entertainment scene.

Its main attraction is sports and events with the American Airlines Center, housing not just the Dallas Mavericks and Dallas Stars, but also serving as the venue for many concerts and other high-profile entertainment events.

The American Airlines Center, serving as a venue for sports and entertainment events in Dallas, is the main attraction of the Victory Park neighborhood
The American Airlines Center, serving as a venue for sports and entertainment events in Dallas, is the main attraction of the Victory Park neighborhood

This neighborhood was envisioned and developed by Ross Perot, Jr., son of the billionaire Ross Perot who used to own the Dallas Mavericks. The vision was to create a modern, urban lifestyle destination, and in as little as 20 years, Victory Park has become one of the major retail and residential attractions in the entire city.

Aside from the American Airlines center, it is also home to the Perot Museum of Nature and Science, a luxury movie theater called Cinepolis Luxury Cinemas, and One Victory Park, an office building home to some of the biggest businesses in all of the city.

One of the main attractions in Victory Park, Dallas is the Perot Museum of Nature and Science.
Photo Credit: @ruijorgevilela on Instagram!

Victory Park is also home to many modern and luxury residences, and lots of shopping and restaurants.

While rent and housing prices are significantly more expensive here, it has attracted many young professionals to this part of the city, because of the many perks and luxuries and the highly urbanized lifestyle feel of the neighborhood.

  • Population: 3,332
  • Median Rent: $2,189
  • Median Home Value: $825,000

 

5. Knox-Henderson

Known as one of the best eating neighborhoods in Dallas, this small, but cozy neighborhood is home to some of the best Tex-Mex food in the city, and also home to a lot of other great food finds, from farm-to-table restaurants to sports bars.

There is a vibrant nightlife, with lots of shopping by way of well-known brands and locally owned small businesses. There isn’t a shortage of grocery stores in this part of town.

One of its most popular attractions is the Katy Trail, a 3.5-mile long trail built on an old railroad line where people go to walk, bike, roller-blade, run, and jog.

Its safe, walkable streets, range of affordable and diverse housing, energetic nightlife, bustling food scene, and accessibility to Uptown and Downtown make this one of the most desirable neighborhoods in Dallas.

  • Population: 13,936
  • Median Rent: $1,165
  • Median Home Value: $246,297

 

6. Design District

As the name suggests, this is a trendy, upscale, art and design-driven neighborhood that is becoming more and more popular in recent years. As opposed to neighborhoods that have been pre-planned, the Design District has sort of evolved in personality all on its own.

It used to be a warehouse and industrial district in the 1950s, a cheap place to house goods and inventory.

But over the last few decades, it has reinvented itself almost organically to become more known for its high-end interior design and furniture showrooms, prominent art galleries like the Goss-Michael Foundation, contemporary art installations, world-famous antique and vintage shops, and buzz-worthy, chef-driven fine dining establishments.

Luxury modern apartments have also sprung up in the area, as well as more food and shopping options, which made it attractive to a new generation of industrialists who are hoping to make this neighborhood their home.

Its close proximity to the Downtown area as well as surrounding neighborhoods is part of the growing attraction.

  • Population: 941
  • Median Rent: $1,662
  • Median Home Value: $330,051

 

7. Greenland Hills

This is one of the older but still popular neighborhoods in Dallas, characterized mostly by Tudor-style English cottages which date back to the 1920s. Part of the area is also called M-Streets because its street names begin with the letter M (Mercedes, McCommas, Monticello, Morningside, Merrimac).

This charming neighborhood has an old-fashioned feel to it, with its tree-lined streets, and brick homes whose architecture and style reflect the character of turn-of-the-century Dallas, and which has pretty much remained unchanged a century later.

Greenland Hills is walkable and has easy access to other neighborhoods including Knox Henderson and the Katy trail, and it has its own diverse selection of restaurants, specialty stores, coffee shops, and its own nightlife.

The M Streets Conservation District helps preserve the unique character and historic nature of this neighborhood, so residents here can get the best of both worlds – small town, suburban vibe with all the conveniences of being in modern city.

  • Population: 7,029
  • Median Rent: $1,794
  • Median Home Value: $535,620

 

8. Lower Greenville

This neighborhood is known for its bustling nightlife and entertainment scene, with its collection of well-known bars and restaurants, and new up-and-coming noteworthy ones.

Lower Greenville in Dallas is one of the best places to live for young professionals who love entertainment and night life.
Photo Credit: @libertinebar on Instagram!

It is still best known as being an entertainment area but its residents have been very committed recently to increasing the livability of the area. Residents in this lively neighborhood love the fact that they can just walk to their favorite bar to hang out for a while and be back home quickly (or not), without much fanfare.

The main landmark in Lower Greenville is the Granada Theater, an art deco building that serves as the venue for many live music shows.

Aside from this, Lower Greenville is also home to the annual St. Patrick’s Day Parade, one of the biggest and must-see events in all of Dallas.

  • Population: 8,236
  • Median Rent: $1,352
  • Median Home Value: $497,815

 

9. Downtown

Downtown Dallas is the central business district of the city, and while there was a time when people just came here to work and then trooped back to their own neighborhoods at the end of the workday, it is fast becoming a livable neighborhood all its own.

Downtown Dallas is the central business district of Dallas, where people like young professionals are now living together with the skyscrapers
Downtown Dallas is the central business district of Dallas, where people like young professionals are now living together with the skyscrapers

New developments and the influx of new restaurants, stores, and bars, are increasingly turning it into a live-work-play community, and many more people are deciding to live amongst the neighborhood’s skyscrapers.

Being a highly walkable area with the central hub of the DART system in close proximity, it is a highly convenient and desirable area for young professionals.

The Reunion tower, characterized by the observation deck shaped like a ball, is one of its most iconic landmarks, as well as the original Neiman Marcus store.

  • Population: 19,570
  • Median Rent: $1,616
  • Median Home Value: $717,014

 

10. Oak Lawn

Oak Lawn is one of the more affluent and larger neighborhoods of Dallas and the center of the city’s LGBTQ community. It is a diverse neighborhood with a bustling nightlife and party scene and is a walkable area with lots of green spaces.

Oak Lawn is a diverse neighborhood that has a bustling party scene and night life but is still a walkable area with green spaces.
Photo Credit: @eliterooftopdallas on Instagram!

The neighborhood bars and restaurants draw crowds on the weekends and the annual Dallas Pride is a highlight for many.

The Halloween Block Party attracts thousands every October and the Purple Party Weekend is putting Dallas on the map for must-visit cities for the gay community.

The Halloween Block Parade is one of the events that attracts thousands of people in Oakland
Photo Credit: @azztek93 on Instagram!

Residents of this area love their proximity to popular restaurants, parks, the Katy Trail, and the pet-friendly atmosphere.

  • Population: 34,239
  • Median Rent: $1,351
  • Median Home Value: $334,446

11. Lake Highlands

For young professionals starting their own families, Lake Highlands offers a good option if you want to be close enough to the city but still have a suburban feel.

The name of the neighborhood comes from the fact that it is close to White Rock Lake, and its topography has hills and valleys, unlike the rest of Dallas.

The name of the Lake Highlands neighborhood is based on the White Rock Lake that is near the area
The name of the Lake Highlands neighborhood is based on the White Rock Lake that is near the area

It is a family-oriented, school-centric community known for its lovely homes and beautiful wooded area, and its excellent public and private schools, a good investment in education for those with families.

It is near the Dallas Arboretum and Botanical Garden, which visitors flock to because of its beautiful gardens and exhibitions.

The Lake Highlands neighborhood is home to the Dallas Arboretum and Botanical Garden, known for its lush gardens and exhibitions
The Lake Highlands neighborhood is home to the Dallas Arboretum and Botanical Garden, known for its lush gardens and exhibitions

Its proximity to important highways and DART stations makes it easily accessible if going to other parts of the city.  The housing in the neighborhood is also relatively affordable, perfect for young families just starting out.

  • Population: 17,777
  • Median Rent: $1,269
  • Median Home Value: $370,581 

12. Addison

This is another affordable and desirable suburban neighborhood popular with young professionals who want to put down roots.

Addison is located north of Dallas and is also in close proximity to other surrounding cities like Plano, Frisco, and Richardson, so for professionals working in these areas, Addison is a great choice.

It’s close enough to the Dallas city proper for it to be convenient, but also far enough so you get to have that quiet, suburban feel.

If you love shopping, you will love Addison as it is home to some great shopping. The Galleria Dallas is an upscale mall that is considered to be one of the best shopping destinations in the city.

The Galleria Dallas is an upscale mall in Addison that is considered one of the best shopping destinations in this city.
Photo Credit: @yarelush on Instagram!

If you love golf, many golf courses surround the neighborhood. If you love parks and exploring the outdoors, Arbor Hills Nature Preserve in Plano is easily accessible by car.

For nature-loving young professionals, you can live in Addison and visit the Arbor Hills Nature Preserve.
Photo Credit: @thatoneealex on Instagram!

You can also access the Northbark Dogpark by car if you want to take furry friends with you.

If you and your dog friends love exploring the great outdoors, the NorthBark Dogpark is the place you should go.
Photo Credit: @2rotties2hounds on Instagram!

You also won’t be lacking in food options in Addison. According to Addison Texas, the neighborhood has more restaurants per capita compared to other places in the U.S.! The foodie in me just wants to go to Addison right now.

  • Population: 15,428
  • Median Rent: $1,413
  • Median Home Value: $348,200

Read about the best places to live in Dallas for singles next.

Conclusion to 12 Best Places to To Live In Dallas for Young Professionals

The best places to live In Dallas for young professionals are Deep Ellum, Bishop Arts District, Uptown, Victory Park, Knox-Henderson, Design District, Greenland Hills, Lower Greenville, Downtown, Oak Lawn, Lake Highlands, and Addison.