Average Rent in Allen, TX

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Current Versus Historical Allen, TX Rents

Allen rentals average $1,465 for a 1-bedroom rental to $3,100 for a 4-bedroom rental. The median price of all currently available listings is $2,603, or roughly $16 per square feet.

For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $3,000 to $3,000. 1-bedroom rentals prices have decreased by $216 (-12.82%) year-over-year from $1,681 to $1,465. 2-bedroom rentals prices have decreased by $180 (-9.22%) year-over-year from $1,955 to $1,775. 3-bedroom rentals prices have increased by $182 (7.21%) year-over-year from $2,518 to $2,700. 4-bedroom rentals prices have increased by $78 (2.69%) year-over-year from $2,917 to $2,995. 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 0.00% this month. 1-bedroom rents have gone up by 15.35% this month. 2-bedroom rents have gone down by 4.18% this month. 3-bedroom rents have gone up by 5.92% this month. 4-bedroom rents have gone down by 3.07% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$20.43	$1,465	$1,681 (-12.82%)	$1,433 (2.21%)
2 BR	$19.72	$1,775	$1,955 (-9.22%)	$1,912 (-7.17%)
3 BR	$16.95	$2,700	$2,518 (7.21%)	$2,463 (9.61%)
4+ BR	$13.66	$2,995	$2,917 (2.69%)	$2,924 (2.42%)

Historical Rents in Allen, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Allen

There are a total of 10 cities nearby Allen. The average rent in Allen is currently $2,449 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Princeton, TX, with an average rent of $1,997, is the most affordable city nearby. In contrast, the most expensive city near Allen, TX is Prosper, TX. Monthly rents here are on average $4,500 per month.

Let's compare Allen, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 12.65% more expensive. Two bedrooms in Allen, TX are about 22.39% more affordable. Finally, rent for three bedrooms are about 6.31% more expensive. Want more information? Check out the top 10 cities near Allen, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Princeton, TX	N/A	$850	$1,599	$1,997
Addison, TX	$1,322	$1,500	$2,200	$2,189
Carrollton, TX	$3,200	$1,370	$1,941	$2,300
Wylie, TX	N/A	$1,275	$2,300	$2,350
Richardson, TX	N/A	$1,158	$1,705	$2,400
McKinney, TX	N/A	$1,961	$2,200	$2,497
The Colony, TX	N/A	$923	$1,717	$2,500
Plano, TX	N/A	$1,285	$2,200	$2,800
Frisco, TX	$1,295	$1,440	$2,145	$3,250
Prosper, TX	N/A	$1,010	$2,848	$4,500

Top Neighborhoods Near Allen

There are a total of 1 neighborhoods in or near Allen. One neighborhood in the area is Stonebridge Ranch. We've included all of these top 1 neighborhoods in or near Allen, TX in the following table.

The average rent for these 1 neighborhoods in or near Allen, TX is currently around $2,595 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than Allen's average rent, which is actually $2,603. Out of all the neighborhoods in or near Allen, Stonebridge Ranch has the most affordable average rent at $2,595 per month. Whereas, at $2,595 average rent per month, Stonebridge Ranch is the most expensive neighborhood in or near Allen. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Stonebridge Ranch, McKinney, TX	N/A	N/A	$2,298	$2,595

Top Counties Near Allen

There are a total of 4 counties located by Allen, TX. Some of these counties include Princeton, TX, Carrollton, Lewisville, TX, and Plano, TX. The average rent for rentals in these counties is $2,598. That's roughly around $16 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Princeton, TX. Its average rent per month is $2,045. Vice versa, with an average rent of $2,695, McKinney, TX is the most expensive county by Allen, TX.

In comparison, rent for one bedroom listings in Allen, TX is 9.86% more expensive than other counties nearby. Finally, rent for two bedrooms in Allen, TX is 9.08% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Princeton, TX	N/A	$1,088	$1,650	$2,045
Carrollton, Lewisville, TX	$1,757	$1,370	$1,990	$2,500
Plano, TX	$1,310	$1,271	$1,883	$2,695
McKinney, TX	$1,295	$1,599	$2,197	$2,695

Top Zipcodes Near Allen

There are a total of 22 zipcodes in or near Allen, TX. The average rent for all of these zipcodes is $2,519. A total of 13 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75287, Dallas, TX at $1,757 per month. In comparison, the zipcode with the most expensive average rent of $3,300 per month is 75034, Frisco, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Allen, TX is $1,313 per month. Or in other words, $21 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,011 per month. Which comes out to $20 per sqft. The following table includes the top 10 zipcodes in Allen, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75070, McKinney, TX	N/A	$1,961	$2,295	$2,538
75013, Allen, TX	N/A	$1,144	$2,450	$3,000
75035, Frisco, TX	N/A	$1,598	$2,220	$2,990
75002, Lucas, TX	N/A	$1,465	$1,725	$2,400
75034, Frisco, TX	$1,295	$1,375	$2,133	$3,300
75071, Anna, TX	N/A	$1,475	$2,021	$2,580
75025, Plano, TX	N/A	$1,450	$2,365	$2,750
75023, Plano, TX	N/A	$1,224	$1,950	$2,500
75287, Dallas, TX	$1,494	$1,400	$1,840	$1,757
75024, Plano, TX	N/A	$1,758	$2,275	$2,997

Frequently Asked Questions - Allen Average Rents

What is the average rent price in Allen, TX?

The average monthly rental price for Allen, TX apartments for rent is approximately $2,603. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Allen, 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 Allen, TX.

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

The average monthly rental price for one bedroom apartments is $1,465 and an average price per square feet of $20.43. There are a total of 16 one bedroom apartment listings currently available for rent in Allen.

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

The average monthly rental price for two bedroom apartments is $1,775 and an average price per square feet of $19.72. There are a total of 55 two bedroom apartment listings currently available for rent in Allen.

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

Rent prices for rentals in Allen, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.13%, two bedroom rental prices have changed by -0.09%, three bedroom rental prices have changed by 0.07% year-over-year.

What is a reasonable rent price in Allen, TX?

A reasonable rent price in Allen, TX is around $2,082/month. You can search for these reasonably priced rental listings on RentHop.