Average Rent in Richardson, TX

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Current Versus Historical Richardson, TX Rents

Richardson rentals average $1,158 for a 1-bedroom rental to $3,159 for a 4-bedroom rental. The median price of all currently available listings is $2,400, or roughly $18 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 decreased by $276 (-18.44%) year-over-year from $1,497 to $1,221. 1-bedroom rentals prices have decreased by $640 (-34.45%) year-over-year from $1,857 to $1,218. 2-bedroom rentals prices have decreased by $619 (-25.16%) year-over-year from $2,459 to $1,840. 3-bedroom rentals prices have decreased by $192 (-7.40%) year-over-year from $2,592 to $2,400. 4-bedroom rentals prices have increased by $302 (10.23%) year-over-year from $2,948 to $3,250. 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 3.46% this month. 2-bedroom rents have gone up by 3.75% this month. 3-bedroom rents have gone down by 3.87% this month. 4-bedroom rents have gone up by 3.72% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $19.36 $1,218 $1,857 (-34.45%) $1,531 (-20.49%)
2 BR $18.84 $1,840 $2,459 (-25.16%) $2,049 (-10.21%)
3 BR $18.27 $2,400 $2,592 (-7.40%) $2,527 (-5.01%)
4+ BR $15.67 $3,250 $2,948 (10.23%) $3,103 (4.73%)

Historical Rents in Richardson, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Richardson

There are a total of 13 cities nearby Richardson. The average rent in Richardson is currently $2,475 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Garland, TX, with an average rent of $2,100, 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 $6,198 per month.

Let's compare Richardson, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 10.93% more affordable. Two bedrooms in Richardson, TX are about 11.14% more affordable. Finally, rent for three bedrooms are about 5.92% more affordable. Want more information? Check out the top 10 cities out of 13 total cities near Richardson, TX in the following table.
City Studio 1 Bed 2 Bed All
Garland, TX $699 $1,000 $1,650 $2,100
Farmers Branch, TX N/A $1,181 $1,855 $2,120
Addison, TX $1,322 $1,500 $2,150 $2,145
Carrollton, TX $3,200 $1,370 $1,941 $2,300
Wylie, TX N/A $1,275 $2,300 $2,350
Rowlett, TX N/A $1,320 $1,750 $2,500
The Colony, TX N/A $923 $1,717 $2,500
Allen, TX N/A $1,465 $1,775 $2,603
Plano, TX N/A $1,284 $2,198 $2,800
University Park, TX N/A $2,090 $3,200 $6,198

Top Neighborhoods Near Richardson

There are a total of 5 neighborhoods in or near Richardson. Some of these neighborhoods include Lake Highlands, Vickery, and Hillcrest Forest. We've included all of these top 5 neighborhoods in or near Richardson, TX in the following table.

The average rent for these 5 neighborhoods in or near Richardson, TX is currently around $1,707 per month. A total of 4 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 $2,400. Out of all the neighborhoods in or near Richardson, Lake Highlands has the most affordable average rent at $1,432 per month. Whereas, at $2,973 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
Lake Highlands, Dallas, TX $1,050 $1,040 $1,495 $1,432
Vickery, Dallas, TX $1,452 $1,350 $1,606 $1,475
Hillcrest Forest, Dallas, TX $1,145 $1,445 $1,773 $1,707
Greenway Park, Dallas, TX N/A $1,599 $2,512 $2,350
Valley Ranch, Irving, TX N/A $1,266 $1,849 $2,973

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 $2,650. 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 $3,197, The Colony, TX is the most expensive county by Richardson, TX.

In comparison, rent for one bedroom listings in Richardson, TX is 18.36% more affordable than other counties nearby. Finally, rent for two bedrooms in Richardson, TX is 10.70% 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 $1,400 $1,400 $2,050 $2,100
Carrollton, Lewisville, TX $1,757 $1,370 $1,990 $2,500
Northwest Rockwall, Rockwall, TX N/A $1,295 $1,700 $2,650
Plano, TX $1,310 $1,269 $1,860 $2,695
The Colony, TX N/A $1,886 $1,888 $3,197

Top Zipcodes Near Richardson

There are a total of 40 zipcodes in or near Richardson, TX. The average rent for all of these zipcodes is $2,373. 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 $1,116 per month. In comparison, the zipcode with the most expensive average rent of $4,860 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 $1,295 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,851 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 $975 $1,421 $1,335
75206, Dallas, TX $1,675 $1,390 $2,425 $2,100
75080, Richardson, TX N/A $1,205 $1,835 $2,395
75287, Dallas, TX $1,494 $1,400 $1,840 $1,757
75002, Lucas, TX N/A $1,465 $1,725 $2,400
75214, Dallas, TX $1,100 $1,199 $1,785 $1,750
75231, Dallas, TX $1,351 $1,295 $1,600 $1,452
75230, Dallas, TX $2,100 $1,370 $1,799 $2,171
75013, Allen, TX N/A $1,144 $2,450 $3,000
75240, Dallas, TX $1,405 $1,441 $1,950 $1,889

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 $2,400. 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 $1,158 and an average price per square feet of $19.36. There are a total of 24 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 $1,705 and an average price per square feet of $18.84. There are a total of 33 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 -0.18%, one bedroom rental prices have changed by -0.34%, two bedroom rental prices have changed by -0.25%, three bedroom rental prices have changed by -0.07% year-over-year.
What is a reasonable rent price in Richardson, TX?
A reasonable rent price in Richardson, TX is around $1,920/month. You can search for these reasonably priced rental listings on RentHop.
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