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Rental Market Trends in Melissa, TX

What is the average rent in Melissa, TX?

$1,393/month

Average Rent

737 Sq Ft

Average Apartment Size

-3.9%

Decrease in the Last Year

As of April 2026, the average rent in Melissa, TX is $1,393 per month. This is 15% lower than the national average rent of $1,641/month, making renting in Melissa more affordable than most cities in the US. When you rent an apartment in Melissa, you can expect to pay about $1,426 per month for a studio, $1,393 for a one-bedroom apartment, and around $1,857 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,548 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,426/month
711 Sq Ft
One Bedroom
$1,393/month
737 Sq Ft
Two Bedroom
$1,857/month
1,124 Sq Ft
Three Bedroom
$2,548/month
1,525 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,278/month
1,802 Sq Ft
Four Bedroom
$2,804/month
2,627 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 Melissa, TX?

In the past year, rent has decreased by 3.9%, which averages out to $54 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Melissa, TX
Last Updated April 2026
$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
14% $1,001 - $1,500/month
57% $1,501 - $2,000/month
29% 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
$1,525/month
737 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
$1,525/month
737 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
$1,525/month
737 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 $1,393, you’ll want to make about $4,643 per month or $55,716 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

1,077 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
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Nearby City Rent Trends

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Apartment communities in Melissa we think you'll love

Harlow

Harlow

300 Lucas Lane,
Melissa, TX 75454

$1,462 - $3,057 Total Monthly Price

1-3 Beds

Alexan Melissa

Alexan Melissa

5901 County Road 277,
Melissa, TX 75454

$1,247 - $2,357 Total Monthly Price

1-3 Beds | 15 Month Lease

HARMON Melissa by Crescent Communities

HARMON Melissa by Crescent Communities

424 Harmon Dr,
Melissa, TX 75454

$2,870 - $3,600 Total Monthly Price

3-4 Beds

Yardly Stoneridge

Yardly Stoneridge

230 W Melissa Rd,
Melissa, TX 75454

$1,729 - $2,076 Total Monthly Price

1-2 Beds

Learn More with Helpful Articles

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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 February 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

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity