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Rental Market Trends in Plano, TX

What is the average rent in Plano, TX?

$1,461/month

Average Rent

759 Sq Ft

Average Apartment Size

-1.6%

Decrease in the Last Year

As of May 2026, the average rent in Plano, TX is $1,461 per month. For comparison, the national average rent price in the US is currently $1,644/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 $1,388 per month for a studio, $1,461 for a one-bedroom apartment, and around $1,876 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,306 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,388/month
560 Sq Ft
One Bedroom
$1,461/month
759 Sq Ft
Two Bedroom
$1,876/month
1,089 Sq Ft
Three Bedroom
$2,306/month
1,419 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,082/month
504 Sq Ft
Two Bedroom
$1,908/month
1,081 Sq Ft
Three Bedroom
$2,879/month
1,939 Sq Ft
Four Bedroom
$3,799/month
2,810 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,471/month
622 Sq Ft
Two Bedroom
$2,411/month
1,153 Sq Ft
Three Bedroom
$8,168/month
2,132 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,205/month
1,431 Sq Ft
Three Bedroom
$2,887/month
1,878 Sq Ft
Four Bedroom
$2,828/month
2,003 Sq Ft

How much has average rent changed in Plano, TX?

In the past year, rent has decreased by 1.6%, which averages out to $22 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 May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Plano, TX
Last Updated May 2026
$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
34% $1,001 - $1,500/month
49% $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, Downtown Plano is the most affordable neighborhood in Plano.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Plano
$1,694/month
730 Sq Ft

What are the most expensive neighborhoods in Plano?

Based on current rent prices, Downtown Plano is the most expensive neighborhood in Plano.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Plano
$1,694/month
730 Sq Ft

Which Plano neighborhoods have the most rentals available?

The neighborhood in Plano with the most apartments available is Downtown Plano .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Plano
$1,694/month
730 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 $1,461, you’ll want to make about $4,870 per month or $58,440 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 8.5% higher than the national average. Generally, housing in Plano is 10.6% more expensive than the national average, with rent falling between $1,388 - $2,306. You can expect to pay 2.4% less for groceries, 12.8% more for utilities, and 0.9% more for transportation.

City

Plano, TX

10,270 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

Downtown Plano

Plano, TX

Downtown Plano

Plano, TX

Studio
$1,345/month
$1,345/month
One Bedroom
$1,515/month
$1,515/month
Two Bedroom
$1,807/month
$1,807/month
Three Bedroom
$1,854/month
$1,854/month
Search
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Nearby City Rent Trends

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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

$1,100 - $1,820

1-3 Beds

One90 Gateway

One90 Gateway

3201 Wynwood Dr,
Plano, TX 75074

$1,249 - $2,806

1-3 Beds

Junction at 7760

Junction at 7760

7760 McCallum Blvd,
Dallas, TX 75252

$883 - $1,116 Total Monthly Price

Studio - 1 Bed

Capitol at Stonebriar

Capitol at Stonebriar

9600 Gaylord Pky,
Frisco, TX 75034

$1,182 - $2,403

1-3 Beds

Property Management Companies in Plano, TX

Greystar
Greystar
  • 3,525

    Communities

  • 969,267

    Units

  • 898

    Cities

15 Communities in Plano
Willow Bridge
Willow Bridge
  • 717

    Communities

  • 197,736

    Units

  • 338

    Cities

13 Communities in Plano
RPM
RPM
  • 665

    Communities

  • 184,025

    Units

  • 259

    Cities

11 Communities in Plano
CAF Management
CAF Management
  • 44

    Communities

  • 14,716

    Units

  • 22

    Cities

6 Communities in Plano
ZRS Management
ZRS Management
  • 370

    Communities

  • 110,671

    Units

  • 142

    Cities

5 Communities in Plano
MAA
MAA
  • 291

    Communities

  • 101,460

    Units

  • 116

    Cities

5 Communities in Plano
Cortland
Cortland
  • 160

    Communities

  • 58,172

    Units

  • 83

    Cities

5 Communities in Plano
Hilltop Residential
Hilltop Residential
  • 50

    Communities

  • 14,460

    Units

  • 33

    Cities

5 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 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity