Big Oil and other energy industry players have kept Dallas' economy humming.
With ample land to build on and a steady supply of buyers, prices tend to remain stable here. Even through the worst of the housing crisis, home prices in Dallas fell by just 11% -- a fraction of the losses seen in most other major cities. And Dallas has more than recovered since.
In December, home prices here were higher than ever, according to the S&P/Case-Shiller home price index. Yet, they are still cheap enough to make buying a better deal than renting, especially given the fact that prices are expected to continue to appreciate at a steady pace.
% saved buying: 41%
Median home price : $190,000
Median rent: $1,650
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