Average Rent in Prosper, TX

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Current Versus Historical Prosper, TX Rents

Prosper rentals average $2,973 for a 2-bedroom rental to $4,500 for a 4-bedroom rental. The median price of all currently available listings is $4,495, 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 $4,000 to $4,000. 1-bedroom rentals prices have decreased by $221 (-17.95%) year-over-year from $1,231 to $1,010. 2-bedroom rentals prices have increased by $6 (0.20%) year-over-year from $2,967 to $2,973. 3-bedroom rentals prices have increased by $184 (6.54%) year-over-year from $2,815 to $2,999. 4-bedroom rentals prices have decreased by $458 (-9.23%) year-over-year from $4,958 to $4,500. 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 0.00% this month. 1-bedroom rents have gone down by 1.03% this month. 2-bedroom rents have gone up by 5.25% this month. 3-bedroom rents have gone up by 1.10% this month. 4-bedroom rents have gone down by 2.53% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $22.72 $2,973 $2,967 (0.20%) $2,115 (40.52%)
3 BR $17.98 $2,999 $2,815 (6.54%) $2,938 (2.06%)
4+ BR $16.22 $4,500 $4,958 (-9.23%) $4,031 (11.64%)

Historical Rents in Prosper, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Prosper

There are a total of 3 cities nearby Prosper. The average rent in Prosper is currently $2,463 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Melissa, TX, with an average rent of $2,385, is the most affordable city nearby. In contrast, the most expensive city near Prosper, TX is McKinney, TX. Monthly rents here are on average $2,495 per month.

Let's compare Prosper, TX's rent against other top cities nearby by bedroom size. Two bedrooms in Prosper, TX are about 29.02% more expensive. Finally, rent for three bedrooms are about 23.47% more expensive. Want more information? Check out the top 3 cities near Prosper, TX in the following table.
City Studio 1 Bed 2 Bed All
Melissa, TX N/A $1,625 $2,110 $2,385
Little Elm, TX N/A $1,204 $1,875 $2,463
McKinney, TX N/A $1,745 $2,200 $2,495

Top Neighborhoods Near Prosper

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

The average rent for these 1 neighborhoods in or near Prosper, TX is currently around $2,500 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than Prosper's average rent, which is actually $4,495. Out of all the neighborhoods in or near Prosper, Stonebridge Ranch has the most affordable average rent at $2,500 per month. Whereas, at $2,500 average rent per month, Stonebridge Ranch is the most expensive neighborhood in or near Prosper. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Stonebridge Ranch, McKinney, TX N/A N/A $2,600 $2,500

Top Counties Near Prosper

There are a total of 3 counties located by Prosper, TX. Some of these counties include Pilot Point-Aubrey, TX, McKinney, TX, and Celina, TX. The average rent for rentals in these counties is $2,700. That's roughly around $15 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Pilot Point-Aubrey, TX. Its average rent per month is $2,500. Vice versa, with an average rent of $3,099, Celina, TX is the most expensive county by Prosper, TX.

Rent for two bedrooms in Prosper, TX is 25.99% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Pilot Point-Aubrey, TX $1,600 $1,400 $2,325 $2,500
McKinney, TX N/A $1,555 $2,200 $2,700
Celina, TX N/A $1,118 $1,400 $3,099

Top Zipcodes Near Prosper

There are a total of 4 zipcodes in or near Prosper, TX. The average rent for all of these zipcodes is $2,499. A total of 4 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 76227, Pilot Point-Aubrey, TX at $2,395 per month. In comparison, the zipcode with the most expensive average rent of $2,550 per month is 75071, Anna, TX.

Studios in these zipcodes have an average rent of $800. That's at least $18 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Prosper, TX is $1,315 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,184 per month. Which comes out to $20 per sqft. The following table includes the top 4 zipcodes in Prosper, 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 $1,745 $2,338 $2,500
76227, Pilot Point-Aubrey, TX N/A $1,400 $2,231 $2,395
75068, Pilot Point-Aubrey, TX $1,600 $1,204 $2,138 $2,497
75071, Anna, TX $5,000 $1,230 $2,047 $2,550

Frequently Asked Questions - Prosper Average Rents

What is the average rent price in Prosper, TX?
The average monthly rental price for Prosper, TX apartments for rent is approximately $4,495. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Prosper, 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 Prosper, TX.
How much is a two bedroom apartment in Prosper, TX?
The average monthly rental price for two bedroom apartments is $2,973 and an average price per square feet of $22.72. There are a total of 4 two bedroom apartment listings currently available for rent in Prosper.
How have rent prices in Prosper, TX changed this year?
Rent prices for rentals in Prosper, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.18%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Prosper, TX?
A reasonable rent price in Prosper, TX is around $3,596/month. You can search for these reasonably priced rental listings on RentHop.
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