Average Rent in Prosper, TX

Home  »  TX  »  Prosper

Current Versus Historical Prosper, TX Rents

Prosper rentals average $2,999 for a studio rental to $4,600 for a 4-bedroom rental. The median price of all currently available listings is $3,325, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $212 (-6.69%) year-over-year from $3,161 to $2,950. 1-bedroom rentals prices have decreased by $70 (-5.33%) year-over-year from $1,320 to $1,250. 2-bedroom rentals prices have increased by $1,068 (52.53%) year-over-year from $2,032 to $3,100. 3-bedroom rentals prices have increased by $107 (3.34%) year-over-year from $3,193 to $3,300. 4-bedroom rentals prices have increased by $768 (19.03%) year-over-year from $4,033 to $4,800. 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 3.35% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 1.64% this month. 3-bedroom rents have gone up by 4.32% this month. 4-bedroom rents have gone up by 12.72% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $2,950 $3,161 (-6.69%) $2,392 (23.32%)
2 BR $2.12 $3,100 $2,032 (52.53%) $1,900 (63.16%)
3 BR $1.43 $3,300 $3,193 (3.34%) $1,957 (68.63%)
4+ BR $1.42 $4,800 $4,033 (19.03%) $3,766 (27.46%)

Historical Rents in Prosper, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Prosper

There are a total of 2 cities nearby Prosper. The average rent in Prosper is currently $2,500 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Little Elm, TX, with an average rent of $2,400, is the most affordable city nearby. In contrast, the most expensive city near Prosper, TX is McKinney, TX. Monthly rents here are on average $2,600 per month.

Let's compare Prosper, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Prosper, TX is 39.85% more expensive than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Prosper, TX are about 29.68% more expensive. Finally, rent for three bedrooms are about 28.94% more expensive. Want more information? Check out the top 2 cities near Prosper, TX in the following chart.
City Studio 1 Bed 2 Bed All
Little Elm, TX $2,695 N/A $2,160 $2,400
McKinney, TX $913 $1,610 $2,200 $2,600

Top Neighborhoods Near Prosper



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Prosper

Some of these counties include Pilot Point-Aubrey, TX, McKinney, TX, and Celina, TX. The average rent for rentals in these counties is $2,650. 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 Pilot Point-Aubrey, TX. It's average rent per month is $2,550. Vice versa, with an average rent of $2,950, Celina, TX is the most expensive county by Prosper, TX.

Typically, rent for studios in Prosper, TX is 10.14% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Prosper, TX is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Prosper, TX is 32.32% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Pilot Point-Aubrey, TX $2,695 N/A $2,225 $2,550
McKinney, TX $1,690 $1,368 $2,098 $2,650
Celina, TX $2,900 $1,520 $2,010 $2,950

Top Zipcodes Near Prosper

There are a total of 6 zipcodes in or near Prosper, TX. The average rent for all of these zipcodes is $2,573. A total of 6 zipcodes have a 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 $2,450 per month. In comparison, the zipcode with the most expensive average rent of $3,050 per month is 75078, Prosper, TX.

Studios in these zipcodes have an average rent of $2,475. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Prosper, TX is $708 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,310 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in Prosper, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75071, Anna, TX $1,363 $1,833 $2,417 $2,600
75070, McKinney, TX $2,400 $1,660 $2,625 $2,650
75068, Pilot Point-Aubrey, TX $2,695 N/A $2,160 $2,495
76227, Pilot Point-Aubrey, TX $2,550 N/A $2,225 $2,450
75078, Prosper, TX $2,999 $1,416 $2,395 $3,050
75454, Melissa, TX N/A N/A N/A $2,545

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 $3,325. 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 studio apartment in Prosper, TX?
The average monthly rental price for studio apartments is $2,999 and an average price per square feet of $0. There are a total of 7 studio apartment listings currently available for rent in Prosper.
How much is a one bedroom apartment in Prosper, 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 Prosper.
How much is a two bedroom apartment in Prosper, TX?
The average monthly rental price for two bedroom apartments is $3,100 and an average price per square feet of $2.12. There are a total of 2 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 -0.07%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.53%, and three bedroom rental prices have changed by 0.03% year-over-year.
What is a reasonable rent price in Prosper, TX?
A reasonable rent price in Prosper, TX is around $2,660/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast