Median Age
40 Years
Largest Age Group
45-54 Years
Approximately 16% of Residents
Under 20
26%
Over 65
13%
Area Guide
Avg Rent
$1,416
Population
121,621
Renter Mix
33% Rent
Allen, Texas sits about 20 miles north of downtown Dallas in Collin County, offering the accessibility of a major metro without the noise that comes with it. The city was founded in 1872 as a Houston and Texas Central Railway stop and named after politician Ebenezer Allen, and that railroad heritage still runs through its identity. Today, Allen is a well-established suburb with a population topping 120,000 and a strong local economy anchored by corporate employers, retail corridors, and proximity to the broader Dallas-Fort Worth job market.
The Watters Creek district serves as a lively mixed-use hub, while the Twin Creeks area offers a quieter, more residential feel with green space nearby. The Credit Union of Texas Event Center draws entertainment and sporting events to the city year-round. Each June, the Allen USA Celebration brings roughly 100,000 visitors together for one of the largest fireworks displays in the state. Housing options range from garden-style apartment communities and townhome rentals to spacious multi-bedroom homes, giving renters at different stages plenty of choices across the city's 27 square miles.
Allen, TX is easy to get around and get to nearby Dallas.
Residents enjoy beautiful views of the water in Bethany Lakes Park.
The Allen Premium Outlets provide plenty of shops to explore.
Median Household Income
$119,149
Average: $149,727
Education
51,722
Residents Have a Degree
Job Market
67,192
Workers Employed
Median Age
40 Years
Largest Age Group
45-54 Years
Approximately 16% of Residents
Under 20
26%
Over 65
13%
Housing Distribution
Allen has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of June 2026, the average apartment rent in Allen, TX is $1,333 for a studio, $1,405 for one bedroom, $1,826 for two bedrooms, and $2,391 for three bedrooms. Apartment rent in Allen has decreased by -2.9% in the past year.
The cost of living in Allen, TX is 5.3% lower than the national average. Generally, housing in Allen is 0.4% more expensive than the national average, with rent falling between $1,333 - $2,391. You can expect to pay 9.1% less for groceries, 19.2% more for utilities, and 4.6% less for transportation.
Compare Cities
Explore how walkable, bikeable, drivable, and transit-friendly Allen, TX is for everyday living.
Moderately Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
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855 Students
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1,771 Students
Pat Dillard Special Achievement Center
Public
Grades K-12
9 Students
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.