Average Rent in Plano, TX

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Current Versus Historical Plano, TX Rents

Plano rentals average $2,169 for a studio rental to $3,250 for a 4-bedroom rental. The median price of all currently available listings is $2,600, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $164 (10.71%) year-over-year from $1,528 to $1,692. 1-bedroom rentals prices have decreased by $486 (-28.01%) year-over-year from $1,736 to $1,250. 2-bedroom rentals prices have decreased by $242 (-10.10%) year-over-year from $2,392 to $2,150. 3-bedroom rentals prices have increased by $16 (0.66%) year-over-year from $2,484 to $2,500. 4-bedroom rentals prices have increased by $33 (1.09%) year-over-year from $3,067 to $3,100. 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 11.15% this month. 1-bedroom rents have gone down by 14.09% this month. 2-bedroom rents have gone up by 0.03% this month. 3-bedroom rents have gone up by 1.02% this month. 4-bedroom rents have gone up by 1.66% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.97	$1,692	$1,528 (10.71%)	$1,242 (36.16%)
1 BR	$1.79	$1,250	$1,736 (-28.01%)	$1,566 (-20.19%)
2 BR	$1.65	$2,150	$2,392 (-10.10%)	$2,146 (0.18%)
3 BR	$1.45	$2,500	$2,484 (0.66%)	$2,087 (19.80%)
4+ BR	$1.22	$3,100	$3,067 (1.09%)	$2,498 (24.08%)

Historical Rents in Plano, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Plano

There are a total of 15 cities nearby Plano. The average rent in Plano is currently $2,400 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,525, is the most affordable city nearby. In contrast, the most expensive city near Plano, TX is Flower Mound, TX. Monthly rents here are on average $2,995 per month.

Let's compare Plano, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Plano, TX is 7.77% more affordable than other cities nearby. One bedrooms are about 9.11% more expensive. Two bedrooms in Plano, TX are about 4.34% more expensive. Finally, rent for three bedrooms are about 2.00% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Plano, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Addison, TX	$1,267	$1,459	$2,170	$1,525
Farmers Branch, TX	N/A	$1,476	$2,081	$1,611
Garland, TX	$2,500	$1,163	$1,513	$2,100
Wylie, TX	$599	N/A	$1,520	$2,368
Richardson, TX	$3,270	$1,532	$2,197	$2,382
McKinney, TX	$750	$1,660	$2,000	$2,595
Lewisville, TX	$1,629	N/A	$2,125	$2,600
Carrollton, TX	$2,338	$1,550	$2,100	$2,620
Allen, TX	$3,000	N/A	$1,774	$2,700
Frisco, TX	$2,850	$1,342	$2,225	$2,800

Top Neighborhoods Near Plano

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

The average rent for these 1 neighborhoods in or near Plano, TX is currently around $1,448 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Plano, Lake Highlands has the most affordable average rent at $1,448 per month. Whereas, at $1,448 average rent per month, Lake Highlands is the most expensive neighborhood in or near Plano. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Lake Highlands, Dallas, TX	$609	$1,125	$1,475	$1,448

Top Counties Near Plano

There are a total of 1 counties located by Plano, TX. Some of these counties include Princeton, TX, Plano, TX, and McKinney, TX. The average rent for rentals in these counties is $2,620. That's roughly around $1 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Princeton, TX. It's average rent per month is $2,150. Vice versa, with an average rent of $2,900, The Colony, TX is the most expensive county by Plano, TX.

Typically, rent for studios in Plano, TX is 6.50% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Plano, TX is 10.34% more expensive than other counties nearby. Finally, rent for two bedrooms in Plano, TX is 0.94% more expensive 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	$2,150
Plano, TX	$1,363	$1,369	$2,175	$2,550
McKinney, TX	$2,020	$1,374	$2,050	$2,600
Lewisville-Flower Mound, TX	$1,629	$925	$2,200	$2,641
Carrollton, Lewisville, TX	$2,600	$1,549	$2,134	$2,698
The Colony, TX	$2,900	N/A	$2,800	$2,900

Top Zipcodes Near Plano

There are a total of 20 zipcodes in or near Plano, TX. The average rent for all of these zipcodes is $2,500. A total of 16 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 $1,250 per month. In comparison, the zipcode with the most expensive average rent of $2,995 per month is 75035, Frisco, TX.

Studios in these zipcodes have an average rent of $1,463. That's at least $0 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Plano, TX is $1,163 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,159 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Plano, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75001, Addison, TX	$1,267	$1,459	$2,168	$1,520
75034, Frisco, TX	$2,350	$1,342	$2,225	$2,500
75070, McKinney, TX	$1,451	$1,610	$2,300	$2,700
75068, Pilot Point-Aubrey, TX	$2,695	N/A	$2,273	$2,495
75035, Frisco, TX	$3,250	N/A	$2,498	$2,995
75024, Plano, TX	$1,845	$1,279	$2,150	$1,894
75407, Princeton, TX	$4,400	N/A	$1,300	$2,100
75056, Lewisville, TX	N/A	$1,480	$2,040	$2,500
75025, Plano, TX	N/A	N/A	$2,223	$2,888
75243, Dallas, TX	$17	$1,025	$1,448	$1,250

Frequently Asked Questions - Plano Average Rents

What is the average rent price in Plano, TX?

The average monthly rental price for Plano, TX apartments for rent is approximately $2,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Plano, TX.

How much is a studio apartment in Plano, TX?

The average monthly rental price for studio apartments is $2,169 and an average price per square feet of $1.97. There are a total of 30 studio apartment listings currently available for rent in Plano.

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

The average monthly rental price for one bedroom apartments is $1,279 and an average price per square feet of $1.79. There are a total of 59 one bedroom apartment listings currently available for rent in Plano.

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

The average monthly rental price for two bedroom apartments is $2,175 and an average price per square feet of $1.65. There are a total of 33 two bedroom apartment listings currently available for rent in Plano.

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

Rent prices for rentals in Plano, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by -0.28%, two bedroom rental prices have changed by -0.10%, and three bedroom rental prices have changed by 0.01% year-over-year.

What is a reasonable rent price in Plano, TX?

A reasonable rent price in Plano, TX is around $2,080/month. You can search for these reasonably priced rental listings on RentHop.