Average Rent in 75407, Princeton, TX

Current Versus Historical 75407, Princeton, TX Rents

75407 rentals average $4,400 for a studio rental to $2,250 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $514 (12.29%) year-over-year from $4,186 to $4,700. 1-bedroom rentals prices have increased by $834 (61.05%) year-over-year from $1,366 to $2,200. 2-bedroom rentals prices have decreased by $454 (-25.87%) year-over-year from $1,754 to $1,300. 3-bedroom rentals prices have decreased by $31 (-1.58%) year-over-year from $1,981 to $1,950. 4-bedroom rentals prices have decreased by $24 (-1.09%) year-over-year from $2,224 to $2,200. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.92% this month. 1-bedroom rents have gone up by 4.28% this month. 2-bedroom rents have gone down by 7.91% this month. 3-bedroom rents have gone up by 0.95% this month. 4-bedroom rents have gone up by 1.34% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$4,700	$4,186 (12.29%)	$3,157 (48.87%)
2 BR	$1.24	$1,300	$1,754 (-25.87%)	$1,213 (7.22%)
3 BR	$1.32	$1,950	$1,981 (-1.58%)	$1,558 (25.13%)
4+ BR	$1.10	$2,200	$2,224 (-1.09%)	$1,979 (11.16%)

Historical Rents in 75407, Princeton, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 75407

There are a total of 5 cities nearby 75407. The average rent in 75407 is currently $2,388 per month. Only one city nearby has an average rent lower than that. Our records show that Princeton, TX, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near 75407, Princeton, TX is Allen, TX. Monthly rents here are on average $2,700 per month.

Let's compare 75407, Princeton, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 75407, Princeton, TX is 86.39% more expensive than other cities nearby. Two bedrooms in 75407, Princeton, TX are about 16.92% more affordable. Finally, rent for three bedrooms are about 7.64% more affordable. Want more information? Check out the top 5 cities near 75407, Princeton, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Princeton, TX	N/A	N/A	N/A	$2,100
Anna, TX	N/A	N/A	N/A	$2,200
Wylie, TX	$599	N/A	$1,520	$2,388
McKinney, TX	$740	$1,660	$2,000	$2,600
Allen, TX	$3,000	N/A	$1,774	$2,700

Top Neighborhoods Near 75407

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 75407

Some of these counties include Princeton, TX, Anna, TX, and Plano, TX. The average rent for rentals in these counties is $2,400. That's roughly around $1 per sqft. The county that is the most affordable is Princeton, TX. It's average rent per month is $2,125. Vice versa, with an average rent of $2,525, Plano, TX is the most expensive county by 75407, Princeton, TX.

Typically, rent for studios in 75407, Princeton, TX is 69.03% more expensive than other counties nearby. Finally, rent for two bedrooms in 75407, Princeton, TX is 65.38% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Princeton, TX	$3,300	N/A	$1,300	$2,125
Anna, TX	N/A	N/A	$2,314	$2,400
Plano, TX	$1,363	$1,351	$2,150	$2,525

Top Zipcodes Near 75407

There are a total of 6 zipcodes in or near 75407, Princeton, TX. The average rent for all of these zipcodes is $2,500.

The following chart includes the top 6 zipcodes in 75407, Princeton, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75071, Anna, TX	$1,568	$1,760	$2,326	$2,500
75409, Anna, TX	N/A	N/A	N/A	$2,200
75098, Wylie, TX	$599	N/A	$1,640	$2,400
75002, Lucas, TX	$2,900	N/A	$1,950	$2,500
75454, Melissa, TX	N/A	N/A	N/A	$2,523
75074, Plano, TX	$2,700	N/A	$1,750	$2,500

Frequently Asked Questions - 75407 Average Rents

What is the average rent price in 75407, Princeton, TX?

The average monthly rental price for 75407, Princeton, TX apartments for rent is approximately $2,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 75407, Princeton, TX rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 75407, Princeton, TX.

How much is a studio apartment in 75407, Princeton, TX?

The average monthly rental price for studio apartments is $4,400 and an average price per square feet of $0. There are a total of 5 studio apartment listings currently available for rent in 75407.

How much is a one bedroom apartment in 75407, Princeton, TX?

The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in 75407.

How much is a two bedroom apartment in 75407, Princeton, TX?

The average monthly rental price for two bedroom apartments is $1,300 and an average price per square feet of $1.24. There are a total of 3 two bedroom apartment listings currently available for rent in 75407.

How have rent prices in 75407, Princeton, TX changed this year?

Rent prices for rentals in 75407, Princeton, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.12%, one bedroom rental prices have changed by 0.61%, two bedroom rental prices have changed by -0.26%, and three bedroom rental prices have changed by -0.02% year-over-year.

What is a reasonable rent price in 75407, Princeton, TX?

A reasonable rent price in 75407, Princeton, TX is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.