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Rental Market Trends in Melissa, TX

What is the average rent in Melissa, TX?

$1,463/month

Average Rent

736 Sq Ft

Average Apartment Size

-1.9%

Decrease in the Last Year

As of June 2025, the average rent in Melissa, TX is $1,463 per month. For comparison, the national average rent price in the US is currently $1,628/month, which means Melissa rent prices are 10% lower than the national average. When you rent an apartment in Melissa, you can expect to pay about $1,476 per month for a studio, $1,463 for a one-bedroom apartment, and around $1,917 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,242 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,476/month
711 Sq Ft
One Bedroom
$1,463/month
736 Sq Ft
Two Bedroom
$1,917/month
1,124 Sq Ft
Three Bedroom
$2,242/month
1,313 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,217/month
1,745 Sq Ft
Four Bedroom
$2,706/month
2,415 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,154/month
810 Sq Ft
Two Bedroom
$1,457/month
1,151 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Melissa, TX?

In the past year, rent has decreased by 1.9%, which averages out to $27 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 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Melissa, TX
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Melissa, TX
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
10% $1,001 - $1,500/month
80% $1,501 - $2,000/month
10% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Melissa?

Based on current rent prices, Hunters Ridge is the most affordable neighborhood in Melissa.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunters Ridge
$1,501/month
731 Sq Ft

What are the most expensive neighborhoods in Melissa?

Based on current rent prices, Hunters Ridge is the most expensive neighborhood in Melissa.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunters Ridge
$1,501/month
731 Sq Ft

Which Melissa neighborhoods have the most rentals available?

The neighborhood in Melissa with the most apartments available is Hunters Ridge .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunters Ridge
$1,501/month
731 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Melissa is $1,463, you’ll want to make about $4,876 per month or $58,512 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.

City

Melissa, TX

1,257 Available Apartments for Rent

Search for Nearby Apartments

How does Melissa, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Melissa, 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 Melissa, TX

Apartment Averages

Hunters Ridge

Melissa, TX

Hunters Ridge

Melissa, TX

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

Nearby City Rent Trends

  • Anna Average Rent
  • Mckinney Average Rent
  • Princeton Average Rent
  • Van Alstyne Average Rent

Apartment communities in Melissa we think you'll love

Prose Anna Town Square

Prose Anna Town Square

615 E Foster Crossing Rd,
Anna, TX 75409

1-2 Beds | $1,115 - $1,992

Prose Stoneridge

Prose Stoneridge

2911 Central Expy,
Melissa, TX 75454

1-2 Beds | $1,175 - $1,915

Alexan Melissa

Alexan Melissa

5901 County Road 277,
Melissa, TX 75454

1-3 Beds | $1,225 - $2,165

Harlow Modern Living

Harlow Modern Living

300 Lucas Lane,
Melissa, TX 75454

1-3 Beds | Call for Rent

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United States Texas Melissa 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity