Average Rent in Richardson, TX

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Current Versus Historical Richardson, TX Rents

Richardson rentals average $1,085 for a 1-bedroom rental to $3,000 for a 4-bedroom rental. The median price of all currently available listings is $2,450, or roughly $18 per square feet.
For the apartment units and housing in August 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $138 (-10.15%) year-over-year from $1,359 to $1,221. 1-bedroom rentals prices have decreased by $648 (-37.39%) year-over-year from $1,733 to $1,085. 2-bedroom rentals prices have decreased by $253 (-11.36%) year-over-year from $2,225 to $1,973. 3-bedroom rentals prices have decreased by $219 (-8.57%) year-over-year from $2,557 to $2,338. 4-bedroom rentals prices have increased by $226 (8.14%) year-over-year from $2,774 to $3,000. 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 10.85% this month. 2-bedroom rents have gone up by 8.22% this month. 3-bedroom rents have gone down by 5.56% this month. 4-bedroom rents have gone down by 0.55% this month.
Beds
Price / Sqft
Aug 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $20.06 $1,085 $1,733 (-37.39%) $1,678 (-35.32%)
2 BR $20.27 $1,973 $2,225 (-11.36%) $2,276 (-13.32%)
3 BR $17.78 $2,338 $2,557 (-8.57%) $2,500 (-6.50%)
4+ BR $15.99 $3,000 $2,774 (8.14%) $3,042 (-1.37%)

Historical Rents in Richardson, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Richardson

There are a total of 14 cities nearby Richardson. The average rent in Richardson is currently $2,425 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 Richardson, TX is University Park, TX. Monthly rents here are on average $5,200 per month.

Let's compare Richardson, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 11.80% more affordable. Two bedrooms in Richardson, TX are about 5.90% more expensive. Finally, rent for three bedrooms are about 6.28% more affordable. Want more information? Check out the top 10 cities out of 14 total cities near Richardson, TX in the following table.
City Studio 1 Bed 2 Bed All
Addison, TX $1,057 $1,385 $1,800 $1,649
Garland, TX N/A $1,024 $1,700 $2,100
Wylie, TX N/A $1,275 $1,573 $2,300
Farmers Branch, TX N/A $1,187 $1,963 $2,325
Carrollton, TX $2,146 $1,385 $1,920 $2,399
Sachse, TX N/A N/A $1,495 $2,500
Rowlett, TX N/A N/A $1,600 $2,500
Allen, TX N/A $1,201 $1,697 $2,525
Plano, TX N/A $1,225 $2,278 $2,750
University Park, TX N/A $1,650 $3,200 $5,200

Top Neighborhoods Near Richardson

There are a total of 4 neighborhoods in or near Richardson. Some of these neighborhoods include Vickery, Lake Highlands, and Hillcrest Forest. We've included all of these top 4 neighborhoods in or near Richardson, TX in the following table.

The average rent for these 4 neighborhoods in or near Richardson, TX is currently around $1,558 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is less than Richardson's average rent, which is actually $2,450. Out of all the neighborhoods in or near Richardson, Vickery has the most affordable average rent at $1,400 per month. Whereas, at $2,950 average rent per month, Valley Ranch is the most expensive neighborhood in or near Richardson. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Vickery, Dallas, TX $1,655 $1,199 $1,700 $1,400
Lake Highlands, Dallas, TX $1,050 $1,000 $1,483 $1,410
Hillcrest Forest, Dallas, TX $1,235 $1,445 $1,750 $1,705
Valley Ranch, Irving, TX N/A N/A $2,000 $2,950

Top Counties Near Richardson

There are a total of 5 counties located by Richardson, TX. Some of these counties include Northeast Dallas, Dallas, TX, Carrollton, Lewisville, TX, and Northwest Rockwall, Rockwall, TX. The average rent for rentals in these counties is $2,600. That's roughly around $17 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Northeast Dallas, Dallas, TX. Its average rent per month is $2,100. Vice versa, with an average rent of $3,000, The Colony, TX is the most expensive county by Richardson, TX.

In comparison, rent for one bedroom listings in Richardson, TX is 25.81% more affordable than other counties nearby. Finally, rent for two bedrooms in Richardson, TX is 2.26% more affordable than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Northeast Dallas, Dallas, TX $1,398 $1,365 $2,000 $2,100
Carrollton, Lewisville, TX $1,757 $1,380 $1,994 $2,550
Northwest Rockwall, Rockwall, TX N/A $1,123 $1,950 $2,600
Plano, TX $1,285 $1,225 $1,993 $2,650
The Colony, TX N/A $1,886 $2,267 $3,000

Top Zipcodes Near Richardson

There are a total of 42 zipcodes in or near Richardson, TX. The average rent for all of these zipcodes is $2,399. A total of 23 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75061, Irving, TX at $1,131 per month. In comparison, the zipcode with the most expensive average rent of $4,500 per month is 75205, Highland Park, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Richardson, TX is $1,298 per month. Or in other words, $21 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,898 per month. Which comes out to $20 per sqft. The following table includes the top 10 zipcodes in Richardson, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75243, Dallas, TX $1,210 $993 $1,411 $1,300
75206, Dallas, TX $1,628 $1,360 $2,395 $2,023
75080, Richardson, TX N/A $1,448 $1,918 $2,500
75287, Dallas, TX $1,481 $1,300 $1,870 $1,800
75002, Lucas, TX N/A $1,195 $1,559 $2,400
75214, Dallas, TX $975 $1,199 $1,748 $1,725
75231, Dallas, TX $1,452 $1,195 $1,700 $1,452
75230, Dallas, TX $2,100 $1,350 $1,750 $2,183
75013, Allen, TX N/A $1,295 $1,725 $2,800
75240, Dallas, TX $1,410 $1,395 $2,012 $1,900

Frequently Asked Questions - Richardson Average Rents

What is the average rent price in Richardson, TX?
The average monthly rental price for Richardson, TX apartments for rent is approximately $2,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Richardson, 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 Richardson, TX.
How much is a one bedroom apartment in Richardson, TX?
The average monthly rental price for one bedroom apartments is $1,085 and an average price per square feet of $20.06. There are a total of 15 one bedroom apartment listings currently available for rent in Richardson.
How much is a two bedroom apartment in Richardson, TX?
The average monthly rental price for two bedroom apartments is $1,950 and an average price per square feet of $20.27. There are a total of 24 two bedroom apartment listings currently available for rent in Richardson.
How have rent prices in Richardson, TX changed this year?
Rent prices for rentals in Richardson, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.10%, one bedroom rental prices have changed by -0.37%, two bedroom rental prices have changed by -0.11%, three bedroom rental prices have changed by -0.09% year-over-year.
What is a reasonable rent price in Richardson, TX?
A reasonable rent price in Richardson, TX is around $1,960/month. You can search for these reasonably priced rental listings on RentHop.