Average Rent in Addison, TX

Current Versus Historical Addison, TX Rents

Addison rentals average $1,179 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,531, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $85 (-6.91%) year-over-year from $1,223 to $1,138. 1-bedroom rentals prices have decreased by $26 (-1.77%) year-over-year from $1,440 to $1,414. 2-bedroom rentals prices have decreased by $115 (-5.77%) year-over-year from $2,000 to $1,885. 3-bedroom rentals prices have increased by $128 (4.52%) year-over-year from $2,833 to $2,961. 4-bedroom rentals prices have decreased by $2,497 (-41.63%) year-over-year from $5,997 to $3,500. 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 down by 1.97% this month. 1-bedroom rents have gone down by 0.08% this month. 2-bedroom rents have gone down by 1.55% this month. 3-bedroom rents have gone up by 6.95% this month. 4-bedroom rents have gone down by 8.70% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.37	$1,138	$1,223 (-6.91%)	$1,145 (-0.64%)
1 BR	$2.00	$1,414	$1,440 (-1.77%)	$1,295 (9.22%)
2 BR	$1.82	$1,885	$2,000 (-5.77%)	$1,859 (1.38%)
3 BR	$1.95	$2,961	$2,833 (4.52%)	$2,503 (18.32%)

Historical Rents in Addison, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Addison

There are a total of 2 cities nearby Addison. The average rent in Addison is currently $2,108 per month. Our records show that Farmers Branch, TX, with an average rent of $1,596, is the most affordable city nearby. In contrast, the most expensive city near Addison, TX is Carrollton, TX. Monthly rents here are on average $2,620 per month.

Let's compare Addison, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Addison, TX is 0.87% more expensive than other cities nearby. One bedrooms are about 4.36% more affordable. Two bedrooms in Addison, TX are about 3.91% more expensive. Finally, rent for three bedrooms are about 38.91% more expensive. Want more information? Check out the top 2 cities near Addison, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Farmers Branch, TX	N/A	$1,455	$2,078	$1,596
Carrollton, TX	$2,338	$1,549	$2,100	$2,620

Top Neighborhoods Near Addison

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Addison

The average rent for rentals in these counties is $2,700. That's roughly around $2 per sqft. The county that is the most affordable is Carrollton, Lewisville, TX. It's average rent per month is $2,700. Vice versa, with an average rent of $2,700, Carrollton, Lewisville, TX is the most expensive county by Addison, TX.

Typically, rent for studios in Addison, TX is 120.53% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Addison, TX is 7.64% more affordable than other counties nearby. Finally, rent for two bedrooms in Addison, TX is 1.84% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Carrollton, Lewisville, TX	$2,600	$1,549	$2,134	$2,700

Top Zipcodes Near Addison

There are a total of 4 zipcodes in or near Addison, TX. The average rent for all of these zipcodes is $2,040.

The following chart includes the top 4 zipcodes in Addison, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75001, Addison, TX	$1,179	$1,439	$2,171	$1,528
75234, Farmers Branch, TX	$1,475	$1,455	$2,078	$1,579
75230, Dallas, TX	N/A	$1,450	$2,250	$2,595
75252, Dallas, TX	$850	$1,400	$2,143	$2,500

Frequently Asked Questions - Addison Average Rents

What is the average rent price in Addison, TX?

The average monthly rental price for Addison, TX apartments for rent is approximately $1,531. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Addison, 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 Addison, TX.

How much is a studio apartment in Addison, TX?

The average monthly rental price for studio apartments is $1,179 and an average price per square feet of $2.37. There are a total of 28 studio apartment listings currently available for rent in Addison.

How much is a one bedroom apartment in Addison, TX?

The average monthly rental price for one bedroom apartments is $1,439 and an average price per square feet of $2.00. There are a total of 159 one bedroom apartment listings currently available for rent in Addison.

How much is a two bedroom apartment in Addison, TX?

The average monthly rental price for two bedroom apartments is $2,174 and an average price per square feet of $1.82. There are a total of 86 two bedroom apartment listings currently available for rent in Addison.

How have rent prices in Addison, TX changed this year?

Rent prices for rentals in Addison, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.07%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Addison, TX?

A reasonable rent price in Addison, TX is around $1,225/month. You can search for these reasonably priced rental listings on RentHop.