The Carson at Twin Creeks
659 Junction Dr,
Allen, TX 75013
$1,180 - $3,830
1-3 Beds
Rental Market Trends in Allen, TX
What is the average rent in Allen, TX?
$1,428/month
Average Rent
762 Sq Ft
Average Apartment Size
-3.5%
Decrease in the Last Year
As of March 2026, the average rent in Allen, TX is $1,428 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Allen rent prices are 12% lower than the national average. When you rent an apartment in Allen, you can expect to pay about $1,379 per month for a studio, $1,428 for a one-bedroom apartment, and around $1,821 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,435 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Allen, TX?
In the past year, rent has decreased by 3.5%, which averages out to $50 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Allen, TX
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
33%
$1,001 - $1,500/month
55%
$1,501 - $2,000/month
12%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Allen?
Based on current rent prices, Hillside Village, Waterford Parks and Montgomery Ridge are the most affordable neighborhoods in Allen.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Allen?
Based on current rent prices, Custer Meadows, Cypress Meadows and Waterford Crossing are the most expensive neighborhoods in Allen.
Neighborhood
Average Rent
Average Sq Ft
Which Allen neighborhoods have the most rentals available?
The neighborhoods in Allen with the most apartments available are Waterford Crossing, Montgomery Ridge and Starcreek .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Allen, TX?
Because the average rent in Allen is $1,428, you’ll want to make about $4,760 per month or $57,120 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
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 $1,379 - $2,435. You can expect to pay 9.1% less for groceries, 19.2% more for utilities, and 4.6% less for transportation.
How does Allen, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Allen, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Methodology
† 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 February 2026.
* Percentages may not total 100 due to rounding.