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Rental Market Trends in Allen, TX

Updated July 2026

The average rent in Allen, TX is $1,423/month.

Rent in Allen is roughly equal to the national average rent of of $1,663/month.

$1,423/month

Average Rent

762 Sq Ft

Average Size

-1.4%

Change / Year

4,074

Available Apartments

Allen rent varies by unit size and layout:

  • Studio apartments in Allen average $1,359 per month.
  • One-bedroom apartments in Allen average $1,423 per month.
  • Two-bedroom apartments in Allen average $1,874 per month.
  • Three-bedroom apartments in Allen average $2,392 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,359/month
595 Sq Ft
One Bedroom
$1,423/month
762 Sq Ft
Two Bedroom
$1,874/month
1,116 Sq Ft
Three Bedroom
$2,392/month
1,468 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,677/month
1,872 Sq Ft
Four Bedroom
$3,428/month
2,912 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,385/month
1,488 Sq Ft
Three Bedroom
$2,788/month
1,933 Sq Ft
Four Bedroom
$2,738/month
2,066 Sq Ft
View Allen Apartments

How much has average rent changed in Allen, TX?

In the past year, rent has decreased by 1.4%, which averages out to $19 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Allen, TX

July 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
26% $1,001 - $1,500/month
65% $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 $1,423, you’ll want to make about $4,743 per month or $56,916 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 $1,359 - $2,392. You can expect to pay 9.1% less for groceries, 18.2% more for utilities, and 4.6% less for transportation.

City

Allen, TX

4,074 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.

View the Allen Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Fairview

    Fairview

  • Plano

    Plano

  • McKinney

    McKinney

Apartment Communities in Allen We Think You'll Love

Twin Creeks Crossing

Twin Creeks Crossing

1090 W Exchange Pky,
Allen, TX 75013

1-2 Beds | $1,110 - $2,085

Emerson at Ford Park

Emerson at Ford Park

301 S Jupiter Rd,
Allen, TX 75002

1-3 Beds | $1,160 - $2,065

Theo Allen Gateway

Theo Allen Gateway

2014 Southside Blvd,
Allen, TX 75013

Studio - 3 Beds | $1,510 - $4,095

Watterscape Urban Residential

Watterscape Urban Residential

930 Ridgeview Dr,
Allen, TX 75013

1-2 Beds | $1,304 - $3,055

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Frequently Asked Questions

What is the average rent in Allen?

The average rent in Allen is $1,423 per month, which is 14.4% lower than the national average of $1,663.

What is the average rent for a house in Allen?

The average rent for a house in Allen, TX is $2,677 per month.

What is the average rent for a townhome in Allen?

The average rent for a townhome in Allen, TX is $2,385 per month.

Are rents going up or down in Allen?

Rents in Allen, TX are decreasing, with prices down 1.4% year-over-year and $19 less per month.

What rent range is most common in Allen?

In Allen, TX, 65% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity