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Rental Market Trends in Plano, TX

Updated August 2026

The average rent in Plano, TX is $1,449/month.

Rent in Plano is roughly equal to the national average rent of of $1,664/month.

$1,449/month

Average Rent

760 Sq Ft

Average Size

-0.5%

Change / Year

8,488

Available Apartments

Plano rent varies by unit size and layout:

  • Studio apartments in Plano average $1,312 per month.
  • One-bedroom apartments in Plano average $1,449 per month.
  • Two-bedroom apartments in Plano average $1,859 per month.
  • Three-bedroom apartments in Plano average $2,328 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,312/month
572 Sq Ft
One Bedroom
$1,449/month
760 Sq Ft
Two Bedroom
$1,859/month
1,090 Sq Ft
Three Bedroom
$2,328/month
1,418 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$992/month
412 Sq Ft
Two Bedroom
$2,295/month
1,460 Sq Ft
Three Bedroom
$2,810/month
1,969 Sq Ft
Four Bedroom
$3,632/month
2,889 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,351/month
648 Sq Ft
Two Bedroom
$3,355/month
1,150 Sq Ft
Three Bedroom
$2,515/month
1,542 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,272/month
1,486 Sq Ft
Three Bedroom
$2,870/month
1,848 Sq Ft
View Plano Apartments

How much has average rent changed in Plano, TX?

In the past year, rent has decreased by 0.5%, which averages out to $7 less per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Plano, TX

August 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
50% $1,501 - $2,000/month
13% Above $2,000/month

Rent by Neighborhood

  • 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
$1,630/month
744 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
$1,630/month
744 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
$1,630/month
744 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 $1,449, you’ll want to make about $4,830 per month or $57,960 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 7.5% higher than the national average. Generally, housing in Plano is 9.4% more expensive than the national average, with rent falling between $1,312 - $2,328. You can expect to pay 1.8% less for groceries, 12.3% more for utilities, and 1.5% less for transportation.

City

Plano, TX

8,488 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.

View the Plano Area Guide

Apartment Averages

Downtown Plano

Plano, TX

Downtown Plano

Plano, TX

Studio
$1,354/month
$1,354/month
One Bedroom
$1,525/month
$1,525/month
Two Bedroom
$1,765/month
$1,765/month
Three Bedroom
$1,867/month
$1,867/month
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Allen

    Allen

    Avg Rent: $1,434/month

  • Richardson

    Richardson

    Avg Rent: $1,471/month

  • Frisco

    Frisco

    Avg Rent: $1,475/month

  • Addison

    Addison

    Avg Rent: $1,510/month

  • Fairview

    Fairview

    Avg Rent: $1,433/month

Apartment Communities in Plano We Think You'll Love

The Emory

The Emory

1345 14th St,
Plano, TX 75074

1-3 Beds | $1,691 - $4,514

One90 Gateway

One90 Gateway

3201 Wynwood Dr,
Plano, TX 75074

1-3 Beds | $1,324 - $2,806

Bodie

Bodie

2520 N Central Expy,
Richardson, TX 75080

Studio - 2 Beds | $1,591 - $3,244

Junction at 7760

Junction at 7760

7760 McCallum Blvd,
Dallas, TX 75252

Studio - 1 Bed | $893 - $1,176

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Frequently Asked Questions

What is the average rent in Plano?

The average rent in Plano is $1,449 per month, which is 12.9% lower than the national average of $1,664.

What is the average rent for a house in Plano?

The average rent for a house in Plano, TX is $2,810 per month.

What is the average rent for a townhome in Plano?

The average rent for a townhome in Plano, TX is $2,272 per month.

What is the average rent for a condo in Plano?

The average rent for a condo in Plano, TX is $1,351 per month.

Are rents going up or down in Plano?

Rents in Plano, TX are decreasing, with prices down 0.5% year-over-year and $7 less per month.

What rent range is most common in Plano?

In Plano, TX, 50% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 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