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Rental Market Trends in Allen, TX

What is the average rent in Allen, TX?

$1,419/month

Average Rent

763 Sq Ft

Average Apartment Size

-1.9%

Decrease in the Last Year

Allen, TX Rental Market Overview

The average rent in Allen, TX is $1,419 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Allen rent prices are 14% lower than the national average.

  • Studio apartments in Allen average $1,342 per month.
  • One-bedroom apartments in Allen average $1,419 per month.
  • Two-bedroom apartments in Allen average $1,831 per month.
  • Three-bedroom apartments in Allen average $2,414 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,342/month
599 Sq Ft
One Bedroom
$1,419/month
763 Sq Ft
Two Bedroom
$1,831/month
1,113 Sq Ft
Three Bedroom
$2,414/month
1,468 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,514/month
1,358 Sq Ft
Three Bedroom
$2,693/month
1,820 Sq Ft
Four Bedroom
$3,534/month
2,929 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,353/month
1,481 Sq Ft
Three Bedroom
$2,817/month
1,938 Sq Ft

How much has average rent changed in Allen, TX?

In the past year, rent has decreased by 1.9%, which averages out to $26 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Allen, TX
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Allen, TX
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
30% $1,001 - $1,500/month
61% $1,501 - $2,000/month
9% Above $2,000/month

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

Because the average rent in Allen is $1,419, you’ll want to make about $4,730 per month or $56,760 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 $1,342 - $2,414. You can expect to pay 9.1% less for groceries, 19.2% more for utilities, and 4.6% less for transportation.

City

Allen, TX

4,153 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

Nearby City Rent Trends

  • Fairview Average Rent
  • Plano Average Rent
  • McKinney Average Rent

Apartment communities in Allen we think you'll love

Twin Creeks Crossing

Twin Creeks Crossing

1090 W Exchange Pky,
Allen, TX 75013

$1,070 - $2,128

1-2 Beds

Emerson at Ford Park

Emerson at Ford Park

301 S Jupiter Rd,
Allen, TX 75002

$1,225 - $1,920

1-3 Beds

Theo Allen Gateway

Theo Allen Gateway

2014 Southside Blvd,
Allen, TX 75013

$1,480 - $4,145 Total Monthly Price

Studio - 3 Beds

Watterscape Urban Residential

Watterscape Urban Residential

930 Ridgeview Dr,
Allen, TX 75013

$1,204 - $2,465 Total Monthly Price

1-2 Beds | 15 Month Lease

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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 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity