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Rental Market Trends in Plano, TX

What is the average rent in Plano, TX?

$1,464/month

Average Rent

760 Sq Ft

Average Apartment Size

-1.3%

Decrease in the Last Year

As of July 2025, the average rent in Plano, TX is $1,464 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Plano rent prices are 11% lower than the national average. When you rent an apartment in Plano, you can expect to pay about $1,382 per month for a studio, $1,464 for a one-bedroom apartment, and around $1,886 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,383 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,382/month
558 Sq Ft
One Bedroom
$1,464/month
760 Sq Ft
Two Bedroom
$1,886/month
1,084 Sq Ft
Three Bedroom
$2,383/month
1,416 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$835/month
135 Sq Ft
Two Bedroom
$2,252/month
1,514 Sq Ft
Three Bedroom
$2,783/month
1,865 Sq Ft
Four Bedroom
$3,741/month
2,934 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,464/month
763 Sq Ft
Two Bedroom
$2,582/month
1,232 Sq Ft
Three Bedroom
$6,856/month
1,959 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,377/month
1,540 Sq Ft
Three Bedroom
$2,875/month
1,829 Sq Ft

How much has average rent changed in Plano, TX?

In the past year, rent has decreased by 1.3%, which averages out to $18 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Plano, TX
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Plano, TX
Percentage*
Rent Range
0% Below $700/month
4% $700 - $1,000/month
30% $1,001 - $1,500/month
53% $1,501 - $2,000/month
13% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Plano?

Based on current rent prices, Preston Springs, Highlands North and Parker Road Estates are the most affordable neighborhoods in Plano.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Preston Springs
$1,270/month
714 Sq Ft
Highlands North
$1,292/month
677 Sq Ft
Parker Road Estates
$1,321/month
795 Sq Ft
Creek Trails
$1,385/month
691 Sq Ft
Parkway Estates
$1,425/month
708 Sq Ft
Stone Lake Estates
$1,523/month
766 Sq Ft
Glen Meadows
$1,608/month
765 Sq Ft
Spring Creek Parkway Estates
$1,673/month
815 Sq Ft
Preston Bend
$1,676/month
789 Sq Ft
Dallas North Estates
$1,685/month
739 Sq Ft

What are the most expensive neighborhoods in Plano?

Based on current rent prices, North Glen, Hickory Ridge and Ridgeview Park are the most expensive neighborhoods in Plano.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Glen
$1,891/month
791 Sq Ft
Hickory Ridge
$1,888/month
801 Sq Ft
Ridgeview Park
$1,888/month
801 Sq Ft
Lakeside on Preston
$1,852/month
895 Sq Ft
Creeks of Willow Bend
$1,776/month
876 Sq Ft
Oak Point Estates
$1,745/month
780 Sq Ft
Glenhollow Estates
$1,740/month
763 Sq Ft
Downtown Plano
$1,739/month
737 Sq Ft
Dallas North Estates
$1,685/month
739 Sq Ft
Preston Bend
$1,676/month
789 Sq Ft

Which Plano neighborhoods have the most rentals available?

The neighborhoods in Plano with the most apartments available are Downtown Plano, Dallas North Estates and Oak Point Estates .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Plano
$1,739/month
737 Sq Ft
Dallas North Estates
$1,685/month
739 Sq Ft
Oak Point Estates
$1,745/month
780 Sq Ft
Hickory Ridge
$1,888/month
801 Sq Ft
Ridgeview Park
$1,888/month
801 Sq Ft
Glen Meadows
$1,608/month
765 Sq Ft
North Glen
$1,891/month
791 Sq Ft
Creeks of Willow Bend
$1,776/month
876 Sq Ft
Lakeside on Preston
$1,852/month
895 Sq Ft
Creek Trails
$1,385/month
691 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Plano is $1,464, you’ll want to make about $4,880 per month or $58,560 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 Plano, TX is 10.0% higher than the national average. Generally, housing in Plano is 15.1% more expensive than the national average, with rent falling between $1,382 - $2,383. You can expect to pay 2.1% less for groceries, 17.3% more for utilities, and 1.6% less for transportation.

City

Plano, TX

9,777 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Plano, 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 Plano, TX

Apartment Averages

Preston Springs

Plano, TX

North Glen

Plano, TX

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

Nearby City Rent Trends

  • Allen Average Rent
  • Richardson Average Rent
  • Frisco Average Rent
  • Addison Average Rent
  • Fairview Average Rent

Apartment communities in Plano we think you'll love

The Hathaway At Willow Bend

The Hathaway At Willow Bend

2525 Preston Rd,
Plano, TX 75093

1-3 Beds | $1,170 - $5,500

The Monte

The Monte

4909 Haverwood Ln,
Dallas, TX 75287

1-2 Beds | $1,050 - $2,880

Windhaven Park

Windhaven Park

6201 Windhaven Pky,
Plano, TX 75093

1-3 Beds | $1,036 - $2,058

One90 Gateway

One90 Gateway

3201 Wynwood Dr,
Plano, TX 75074

1-3 Beds | $1,299 - $2,834

Property Management Companies in Plano, TX

Greystar
Greystar
  • 3,269

    Communities

  • 909,681

    Units

  • 846

    Cities

10 Communities in Plano
Willow Bridge
Willow Bridge
  • 706

    Communities

  • 192,193

    Units

  • 329

    Cities

10 Communities in Plano
Bell Partners
Bell Partners
  • 219

    Communities

  • 70,972

    Units

  • 119

    Cities

8 Communities in Plano
Cushman & Wakefield
Cushman & Wakefield
  • 542

    Communities

  • 127,041

    Units

  • 279

    Cities

6 Communities in Plano
RPM
RPM
  • 605

    Communities

  • 160,363

    Units

  • 243

    Cities

6 Communities in Plano
S2 Residential
S2 Residential
  • 73

    Communities

  • 25,810

    Units

  • 30

    Cities

6 Communities in Plano
CAF Management
CAF Management
  • 51

    Communities

  • 17,052

    Units

  • 23

    Cities

6 Communities in Plano
Billingsley Company
Billingsley Company
  • 12

    Communities

  • 7,612

    Units

  • 5

    Cities

6 Communities in Plano

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United States Texas Plano 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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