Housing Costs in Irving
Housing is typically the biggest expense in any monthly budget. In Irving, the median rent for a 2-bedroom apartment is around $1,450 per month as of 2025. For those looking to purchase a home, the typical mortgage payment for a 3-bedroom house is in the range of $1,800 to $2,200 monthly, depending on the neighborhood and home condition.
Many newer housing developments in Irving have Homeowners Associations (HOAs), which can add $200 to $400 per month in fees. These are generally optional in older neighborhoods but should be factored into budgets for those considering newer homes.
- 2BR Apartment Median Rent: $1,450
- 3BR House Mortgage Range: $1,800 – $2,200
- Typical HOA Fees: $200 – $400
Utilities and Energy Bills
Utility costs in Irving are relatively affordable compared to other major metros in Texas. Residents can expect to pay around $120 per month for electricity for a 1,000 square foot apartment, with costs rising in the hot summer months due to air conditioning usage. Natural gas averages $30 to $50 monthly if used for heating and cooking.
Water, sewer, and trash are often bundled into one bill in Irving, averaging $60 to $80 per month for an apartment. High-speed internet runs about $65 monthly. Below is a typical utility cost breakdown:
| Utility | Typical Monthly Cost |
|---|---|
| Electricity | $120 |
| Natural Gas | $40 |
| Water/Sewer/Trash | $70 |
| Internet | $65 |
Groceries and Daily Expenses
Food costs will vary based on household size and dining preferences, but a typical estimate for groceries in Irving is around $300 per person per month. This assumes mostly cooking at home with occasional meals out. Restaurant prices in Irving are reasonable, with a basic meal out running $12 to $18 per person on average.
Other daily expenses to consider are household supplies like cleaning products and toiletries, pet food and supplies if applicable, and personal care costs like haircuts. Budgeting $150 to $250 per person monthly for these daily expenses is a good starting point.
Taxes and Fees
Irving has a property tax rate of around 0.55%, which is included in monthly mortgage estimates above. There is also an 8.25% sales tax on most purchases. Vehicle registration fees in Irving run about $75 annually per vehicle, not including inspection or emissions testing if required.
Residents with an HOA will have additional monthly fees as noted in the housing section. Some neighborhoods without city trash service require private pickup, which can cost $20 to $30 per month. Below is a summary of key taxes and fees:
- Property Tax Rate: 0.55%
- Sales Tax: 8.25%
- Annual Vehicle Registration: $75
- Monthly Trash Pickup (if private): $20 – $30
Sample Monthly Budget
| Expense Category | Single Person | Couple | Family of 4 |
|---|---|---|---|
| Housing (Rent/Mortgage) | $1,100 | $1,450 | $2,000 |
| Utilities | $200 | $295 | $410 |
| Groceries | $300 | $600 | $1,000 |
| Daily Expenses | $200 | $350 | $600 |
| Transportation | $200 | $300 | $500 |
| Healthcare | $250 | $500 | $800 |
| Total Monthly Expenses | $2,250 | $3,495 | $5,310 |
| Gross Monthly Income Required | $2,800 | $4,400 | $6,600 |
The above figures are general estimates. To live comfortably in Irving, an individual may need around $2,800 in gross monthly income, a couple around $4,400, and a family of four $6,600 or more. Actual budgets will depend on lifestyle, commute, and housing choices.
Lifestyle Considerations
Irving offers a good balance of affordability and convenience for many lifestyles. Commute times are reasonable, with an average of 25 minutes one-way, thanks to easy access to major highways and the DART public transit system.
Housing options range from established neighborhoods with mature trees to brand-new developments. Lot and home sizes tend to be a bit more generous than in nearby Dallas. Irving also has ample parks, trails, and community centers for recreation.
Key lifestyle factors to consider are:
- Commute time and transit access
- Neighborhood age and home size
- Proximity to parks, shopping, dining
- School district for families
Frequently Asked Questions
What salary do you need to live in Irving, TX?
To live comfortably, an individual may need a gross monthly income of $2,800, a couple $4,400, and a family of four $6,600 or more. Exact numbers depend on housing, lifestyle, and family size.
Is Irving, TX an expensive place to live?
Irving is relatively affordable compared to other major cities in Texas. Housing costs are lower than in Dallas proper, while still being convenient to jobs and amenities.
How much is an apartment in Irving, TX?
As of 2025, the median rent for a 2-bedroom apartment in Irving is around $1,450 per month. Prices can be higher or lower depending on the complex age, amenities, and location.
Are utilities expensive in Irving?
Utilities in Irving are reasonable, with a typical electric bill around $120 for a 1,000 sq ft apartment. Costs may rise in summer due to air conditioning. Water, sewer, trash, and internet add around $200 per month.
What are property taxes in Irving, TX?
The property tax rate in Irving is around 0.55%. On a $300,000 home, that equates to $1,650 per year or $138 per month. Property taxes are typically included in mortgage payments.
How much do you need for food per month in Irving?
Assuming most meals are cooked at home, a typical food budget is around $300 per person per month. This leaves room for occasional dining out. Restaurant prices are reasonable, with an average meal out costing $12 to $18 per person.
Is Irving cheaper than Dallas?
Yes, Irving is generally more affordable than Dallas, particularly when it comes to housing. Irving offers more space for the money, while still having good access to the wider Dallas-Fort Worth metroplex job market.
Overall, Irving provides a good standard of living for the cost. With some smart budgeting, a variety of households and income levels can live comfortably in this diverse, conveniently located city.