Fort Worth Among Fastest Growing Affordable Cities
Amber Heckler • June 5, 2025
A new national study has declared Texas is home to the most affordable, fast-growing cities in the country, and Fort Worth makes the list.
Fort Worth ranks No. 26 on GoBankingRates.com's new list of "50 Most Affordable, Fastest-Growing Cities in 2025."
The Dallas suburb Frisco tops the national rankings at No. 1, and four more North Texas cities appear on the list: McKinney, Allen, Lewisville, and Denton.
The personal finance website's experts analyzed U.S. cities to find the most affordable places with large population growth based one-year and five-year population growth rates higher than the national average. Additional factors considered include each city's median household income, average home values, average rental cost, and average mortgage cost.
No. 26-ranked Fort Worth's population grew 10 percent over the last five years, with residents making a median household income of $76,602 annually. The average home value in the city limits is a little more than $300,000, the report found.
By comparison, No. 1-ranked Frisco's population swelled nearly 27 percent over the last five years, though it does appear to be slowing down as the suburb's one-year growth rate was only 4 percent. However, its rapid growth further proves that this buzzy city is one of the most desirable places to move to.
The study also found the average Frisco home is valued at more than $678,000, which at first glance isn't as affordable as other DFW cities. However, GoBankingRates deems this "affordable" since the median Frisco household income is $146,000.
The study also determined the total cost of living for a Frisco homeowner comes out to $72,262 annually. Renters have a cheaper cost of living, totaling $46,718 per year.
McKinney and Allen each landed at top-five spots in the report, earning respectable ranks as the third and fifth most affordable and fast-growing U.S. cities. Both cities had higher five-year growth rates than the national average – 16.6 percent in McKinney and 8.5 percent in Allen – and they both have similar average home values ($512,667 in McKinney, and $514,490 in Allen).
McKinney's affordability has been a hot topic in 2025 after Motley Fool Money ranked the suburb the No. 1 most affordable U.S. city in its own analysis. The city will only become more popular after its $1.3 billion mixed-use development is completed within the next decade.
The two other DFW neighbors that ranked among the most affordable and fast-growing cities list are Lewisville (No. 8) and Denton (No. 19).
Six more Texas cities earned spots in the report: the Houston suburbs of League City (No. 7) and Pearland (No. 11); Austin (No. 35) and its neighbor Round Rock (No. 10); the Rio Grande Valley city of Edinburg (No. 43); and Central Texas city Killeen (No. 49).
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