Average Rent in Downtown Plano, Plano, TX

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Current Versus Historical Downtown Plano, Plano, TX Rents

Downtown Plano rentals average $0 for a 3-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $2,700, or roughly $20 per square feet.
For the apartment units and housing in March 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $48 (3.56%) year-over-year from $1,357 to $1,405. 1-bedroom rentals prices have decreased by $293 (-16.85%) year-over-year from $1,738 to $1,446. 2-bedroom rentals prices have decreased by $256 (-12.45%) year-over-year from $2,059 to $1,803. 3-bedroom rentals prices have decreased by $170 (-5.94%) year-over-year from $2,865 to $2,695. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,050 to $2,050. 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 9.98% this month. 1-bedroom rents have gone up by 5.82% this month. 2-bedroom rents have gone down by 5.34% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)

Historical Rents in Downtown Plano, Plano, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Downtown Plano

There are a total of 16 cities nearby Downtown Plano. The average rent in Downtown Plano is currently $2,500 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,535, is the most affordable city nearby. In contrast, the most expensive city near Downtown Plano, Plano, TX is Flower Mound, TX. Monthly rents here are on average $2,995 per month.

Let's compare Downtown Plano, Plano, TX's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Downtown Plano, Plano, TX are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 16 total cities near Downtown Plano, Plano, TX in the following chart.
City Studio 1 Bed 2 Bed All
Addison, TX $1,086 $1,464 $2,103 $1,535
Farmers Branch, TX N/A $1,508 $2,100 $1,675
Garland, TX N/A $1,223 $1,530 $2,100
Richardson, TX $1,310 $1,495 $1,959 $2,395
Rowlett, TX N/A N/A N/A $2,395
Carrollton, TX N/A $1,549 $2,100 $2,500
McKinney, TX N/A $1,620 $1,983 $2,570
Frisco, TX $1,283 $1,352 $2,200 $2,699
Plano, TX $1,189 $1,318 $2,185 $2,700
Allen, TX N/A N/A N/A $2,700

Top Neighborhoods Near Downtown Plano

There are a total of 1 neighborhoods in or near Downtown Plano. We've included all of these top 1 neighborhoods in or near Downtown Plano, Plano, TX in the following chart.

The average rent for these 1 neighborhoods in or near Downtown Plano, Plano, TX is currently around $1,445 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Downtown Plano, Lake Highlands has the most affordable average rent at $1,445 per month. Whereas, at $1,445 average rent per month, Lake Highlands is the most expensive neighborhood in or near Downtown Plano. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Lake Highlands, Dallas, TX N/A $1,095 $1,525 $1,445

Top Counties Near Downtown Plano

There are a total of 1 counties located by Downtown Plano, Plano, TX. Some of these counties include Princeton, TX, McKinney, TX, and Carrollton, Lewisville, TX. The average rent for rentals in these counties is $2,625. That's roughly around $1 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Princeton, TX. It's average rent per month is $2,100. Vice versa, with an average rent of $2,850, The Colony, TX is the most expensive county by Downtown Plano, Plano, TX.

In comparison, rent for one bedroom listings in Downtown Plano, Plano, TX is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Downtown Plano, Plano, TX is inf% 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 N/A N/A N/A $2,100
McKinney, TX $1,283 $1,394 $2,000 $2,595
Carrollton, Lewisville, TX N/A $1,527 $2,203 $2,600
Plano, TX $1,259 $1,374 $2,217 $2,650
Lewisville-Flower Mound, TX N/A $1,300 $2,000 $2,650
The Colony, TX N/A N/A $1,950 $2,850

Top Zipcodes Near Downtown Plano

There are a total of 15 zipcodes in or near Downtown Plano, Plano, TX. The average rent for all of these zipcodes is $2,498. A total of 13 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75243, Dallas, TX at $1,200 per month. In comparison, the zipcode with the most expensive average rent of $2,995 per month is 75035, Frisco, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Downtown Plano, Plano, TX is $1,125 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,959 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Downtown Plano, Plano, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75023, Plano, TX N/A $1,125 N/A $2,600
75080, Richardson, TX $1,310 $1,494 $1,959 $2,200
75025, Plano, TX N/A N/A $2,250 $2,863
75002, Lucas, TX N/A N/A N/A $2,500
75024, Plano, TX $1,189 $1,321 $2,175 $1,950
75243, Dallas, TX N/A $1,050 $1,500 $1,200
75001, Addison, TX $1,086 $1,464 $2,096 $1,535
75098, Wylie, TX N/A N/A $1,700 $2,499
75035, Frisco, TX N/A N/A N/A $2,995
75070, McKinney, TX N/A $1,560 $2,300 $2,650

Frequently Asked Questions - Downtown Plano Average Rents

What is the average rent price in Downtown Plano, Plano, TX?
The average monthly rental price for Downtown Plano, Plano, TX apartments for rent is approximately $2,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Downtown Plano, Plano, 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 Downtown Plano, Plano, TX.
How much is a studio apartment in Downtown Plano, Plano, TX?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Downtown Plano.
How much is a one bedroom apartment in Downtown Plano, Plano, 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 Downtown Plano.
How much is a two bedroom apartment in Downtown Plano, Plano, TX?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 two bedroom apartment listings currently available for rent in Downtown Plano.
How have rent prices in Downtown Plano, Plano, TX changed this year?
Rent prices for rentals in Downtown Plano, Plano, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.04%, one bedroom rental prices have changed by -0.17%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by -0.06% year-over-year.
What is a reasonable rent price in Downtown Plano, Plano, TX?
A reasonable rent price in Downtown Plano, Plano, TX is around $2,160/month. You can search for these reasonably priced rental listings on RentHop.
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