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Rental Market Trends in Allen, TX

What is the average rent in Allen, TX?

$1,434/month

Average Rent

761 Sq Ft

Average Apartment Size

-2%

Decrease in the Last Year

As of December 2025, the average rent in Allen, TX is $1,434 per month. For comparison, the national average rent price in the US is currently $1,631/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 $1,417 per month for a studio, $1,434 for a one-bedroom apartment, and around $1,827 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,321 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,417/month
599 Sq Ft
One Bedroom
$1,434/month
761 Sq Ft
Two Bedroom
$1,827/month
1,115 Sq Ft
Three Bedroom
$2,321/month
1,458 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,494/month
1,829 Sq Ft
Four Bedroom
$3,416/month
3,006 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,446/month
834 Sq Ft
Two Bedroom
$1,758/month
1,055 Sq Ft
Three Bedroom
$2,240/month
1,687 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,378/month
1,618 Sq Ft
Three Bedroom
$2,754/month
1,908 Sq Ft
Four Bedroom
$2,985/month
2,172 Sq Ft

How much has average rent changed in Allen, TX?

In the past year, rent has decreased by 2%, which averages out to $28 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 December 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Allen?

Based on current rent prices, Waterford Parks, Beacon Hill and Hillside Village are the most affordable neighborhoods in Allen.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Waterford Parks
$1,269/month
743 Sq Ft
Beacon Hill
$1,299/month
736 Sq Ft
Hillside Village
$1,347/month
741 Sq Ft
Creekside at Ridgeview
$1,410/month
770 Sq Ft
Custer Meadows
$1,511/month
818 Sq Ft
Cypress Meadows
$1,511/month
818 Sq Ft
Starcreek
$1,598/month
709 Sq Ft
Montgomery Ridge
$1,633/month
782 Sq Ft
Waterford Crossing
$1,721/month
758 Sq Ft

What are the most expensive neighborhoods in Allen?

Based on current rent prices, Waterford Crossing, Montgomery Ridge and Starcreek are the most expensive neighborhoods in Allen.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Waterford Crossing
$1,721/month
758 Sq Ft
Montgomery Ridge
$1,633/month
782 Sq Ft
Starcreek
$1,598/month
709 Sq Ft
Custer Meadows
$1,511/month
818 Sq Ft
Cypress Meadows
$1,511/month
818 Sq Ft
Creekside at Ridgeview
$1,410/month
770 Sq Ft
Hillside Village
$1,347/month
741 Sq Ft
Beacon Hill
$1,299/month
736 Sq Ft
Waterford Parks
$1,269/month
743 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 Waterford Parks .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Waterford Crossing
$1,721/month
758 Sq Ft
Montgomery Ridge
$1,633/month
782 Sq Ft
Waterford Parks
$1,269/month
743 Sq Ft
Starcreek
$1,598/month
709 Sq Ft
Hillside Village
$1,347/month
741 Sq Ft
Custer Meadows
$1,511/month
818 Sq Ft
Cypress Meadows
$1,511/month
818 Sq Ft
Creekside at Ridgeview
$1,410/month
770 Sq Ft
Beacon Hill
$1,299/month
736 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Allen, TX?

Because the average rent in Allen is $1,434, you’ll want to make about $4,780 per month or $57,360 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 5.6% lower than the national average. Generally, housing in Allen is 0.4% more expensive than the national average, with rent falling between $1,417 - $2,321. You can expect to pay 9.5% less for groceries, 19.5% more for utilities, and 4.7% less for transportation.

City

Allen, TX

3,345 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Allen, TX

Apartment Averages

Waterford Parks

Allen, TX

Waterford Crossing

Allen, TX

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Fairview Average Rent
  • Plano Average Rent
  • Mckinney Average Rent

Apartment communities in Allen we think you'll love

The Carson at Twin Creeks

The Carson at Twin Creeks

659 Junction Dr,
Allen, TX 75013

$1,220 - $3,640

1-3 Beds

Emerson at Ford Park

Emerson at Ford Park

301 S Jupiter Rd,
Allen, TX 75002

$1,465 - $2,315

1-3 Beds

Watterscape Urban Residential

Watterscape Urban Residential

930 Ridgeview Dr,
Allen, TX 75013

$1,326 - $2,810

1-2 Beds

Alleia Watters Creek

Alleia Watters Creek

1165 Montgomery Blvd,
Allen, TX 75013

$1,559 - $3,074

1-3 Beds

Property Management Companies in Allen, TX

Greystar
Greystar
  • 3,449

    Communities

  • 950,978

    Units

  • 876

    Cities

8 Communities in Allen
Willow Bridge
Willow Bridge
  • 717

    Communities

  • 198,224

    Units

  • 338

    Cities

4 Communities in Allen
RPM
RPM
  • 622

    Communities

  • 168,913

    Units

  • 244

    Cities

3 Communities in Allen
ZRS Management
ZRS Management
  • 343

    Communities

  • 101,978

    Units

  • 136

    Cities

3 Communities in Allen
Avenue5 Residential
Avenue5 Residential
  • 539

    Communities

  • 119,522

    Units

  • 215

    Cities

2 Communities in Allen
Bell Partners
Bell Partners
  • 227

    Communities

  • 73,397

    Units

  • 119

    Cities

2 Communities in Allen
MAA
MAA
  • 289

    Communities

  • 100,642

    Units

  • 115

    Cities

2 Communities in Allen
Fairfield
Fairfield
  • 106

    Communities

  • 30,201

    Units

  • 64

    Cities

2 Communities in Allen

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United States Texas Allen Rental Trends

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 November 2025.

* Percentages may not total 100 due to rounding.

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