Average Rent in Allen, TX

Home  »  TX  »  Allen

Current Versus Historical Allen, TX Rents

Allen rentals average $1,201 for a 1-bedroom rental to $2,998 for a 4-bedroom rental. The median price of all currently available listings is $2,525, or roughly $16 per square feet.
For the apartment units and housing in August 2026, median rents have been roughly unchanged 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 increased by $29 (1.94%) year-over-year from $1,476 to $1,505. 2-bedroom rentals prices have decreased by $101 (-5.12%) year-over-year from $1,976 to $1,875. 3-bedroom rentals prices have decreased by $27 (-1.05%) year-over-year from $2,552 to $2,525. 4-bedroom rentals prices have increased by $128 (4.48%) year-over-year from $2,867 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 17.45% this month. 2-bedroom rents have gone down by 0.39% this month. 3-bedroom rents have gone down by 0.30% this month. 4-bedroom rents have gone down by 3.05% this month.
Beds
Price / Sqft
Aug 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $19.78 $1,505 $1,476 (1.94%) $1,674 (-10.14%)
2 BR $17.62 $1,875 $1,976 (-5.12%) $2,160 (-13.21%)
3 BR $16.61 $2,525 $2,552 (-1.05%) $2,465 (2.43%)
4+ BR $13.52 $2,995 $2,867 (4.48%) $2,991 (0.14%)

Historical Rents in Allen, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Allen

There are a total of 11 cities nearby Allen. The average rent in Allen is currently $2,450 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,649, is the most affordable city nearby. In contrast, the most expensive city near Allen, TX is Prosper, TX. Monthly rents here are on average $4,100 per month.

Let's compare Allen, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 2.00% more affordable. Two bedrooms in Allen, TX are about 14.94% more affordable. Finally, rent for three bedrooms are about 1.00% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Allen, TX in the following table.
City Studio 1 Bed 2 Bed All
Addison, TX $1,057 $1,385 $1,800 $1,649
Princeton, TX N/A $700 $1,395 $1,985
Wylie, TX N/A $1,275 $1,573 $2,300
McKinney, TX N/A $1,961 $2,198 $2,450
Richardson, TX N/A $1,085 $1,950 $2,450
Sachse, TX N/A N/A $1,495 $2,500
The Colony, TX N/A $923 $2,000 $2,500
Plano, TX N/A $1,225 $2,278 $2,750
Frisco, TX $1,305 $1,495 $2,215 $3,000
Prosper, TX N/A $1,010 $3,025 $4,100

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 $2,513 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 $2,525. Out of all the neighborhoods in or near Allen, Stonebridge Ranch has the most affordable average rent at $2,513 per month. Whereas, at $2,513 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 $2,260 $2,513

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 McKinney, TX. The average rent for rentals in these counties is $2,573. That's roughly around $16 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Princeton, TX. Its average rent per month is $2,000. Vice versa, with an average rent of $2,650, Plano, TX is the most expensive county by Allen, TX.

In comparison, rent for one bedroom listings in Allen, TX is 8.45% more affordable than other counties nearby. Finally, rent for two bedrooms in Allen, TX is 17.49% 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 $1,013 $1,525 $2,000
Carrollton, Lewisville, TX $1,757 $1,380 $1,994 $2,550
McKinney, TX $1,305 $1,647 $2,195 $2,595
Plano, TX $1,285 $1,225 $1,993 $2,650

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 $2,500. A total of 12 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75001, Addison, TX at $1,675 per month. In comparison, the zipcode with the most expensive average rent of $3,200 per month is 75093, Plano, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Allen, TX is $1,300 per month. Or in other words, $21 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,921 per month. Which comes out to $19 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 $1,980 $2,300 $2,499
75013, Allen, TX N/A $1,295 $1,725 $2,800
75035, Frisco, TX N/A $1,385 $2,350 $2,899
75002, Lucas, TX N/A $1,195 $1,559 $2,400
75034, Frisco, TX $1,305 $1,535 $2,207 $3,100
75071, Anna, TX $5,000 $1,228 $1,850 $2,500
75025, Plano, TX N/A $1,593 $2,300 $2,800
75023, Plano, TX N/A $1,224 $2,095 $2,550
75287, Dallas, TX $1,481 $1,300 $1,870 $1,800
75024, Plano, TX N/A $1,624 $2,806 $2,990

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 $2,525. 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 $1,201 and an average price per square feet of $19.78. There are a total of 25 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 $1,697 and an average price per square feet of $17.62. There are a total of 34 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 0.02%, two bedroom rental prices have changed by -0.05%, three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in Allen, TX?
A reasonable rent price in Allen, TX is around $2,020/month. You can search for these reasonably priced rental listings on RentHop.