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Rental Market Trends in Prosper, TX

Updated September 2026

The average rent in Prosper, TX is $1,328/month.

Rent in Prosper is 20% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,328/month

Average Rent

761 Sq Ft

Average Size

-7.3%

Change / Year

3,347

Available Apartments

Prosper rent varies by unit size and layout:

  • Studio apartments in Prosper average $1,140 per month.
  • One-bedroom apartments in Prosper average $1,328 per month.
  • Two-bedroom apartments in Prosper average $1,947 per month.
  • Three-bedroom apartments in Prosper average $2,460 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,140/month
671 Sq Ft
One Bedroom
$1,328/month
761 Sq Ft
Two Bedroom
$1,947/month
1,167 Sq Ft
Three Bedroom
$2,460/month
1,487 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,459/month
1,721 Sq Ft
Three Bedroom
$2,474/month
1,885 Sq Ft
Four Bedroom
$3,416/month
2,902 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$999/month
575 Sq Ft
Two Bedroom
$1,815/month
1,117 Sq Ft
Four Bedroom
$3,425/month
3,106 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,864/month
1,960 Sq Ft
View Prosper Apartments

How much has average rent changed in Prosper, TX?

In the past year, rent has decreased by 7.3%, which averages out to $96 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Prosper, TX

September 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Prosper, TX
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
25% $1,001 - $1,500/month
56% $1,501 - $2,000/month
19% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Prosper?

Based on current rent prices, Prosper is the most affordable neighborhood in Prosper.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Prosper
$1,501/month
769 Sq Ft

What are the most expensive neighborhoods in Prosper?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Prosper
$1,501/month
769 Sq Ft

Which Prosper neighborhoods have the most rentals available?

The neighborhood in Prosper with the most apartments available is Prosper .

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

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

Because the average rent in Prosper is $1,328, you’ll want to make about $4,426 per month or $53,112 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

Prosper, TX

3,347 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Prosper, 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 Prosper Area Guide

Apartment Averages

Prosper

Prosper, TX

Prosper

Prosper, TX

Studio
-
-
One Bedroom
$1,404/month
$1,404/month
Two Bedroom
$1,939/month
$1,939/month
Three Bedroom
$2,650/month
$2,650/month
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Frisco

    Frisco

    Avg Rent: $1,475/month

  • Celina

    Celina

    Avg Rent: $1,332/month

  • Little Elm

    Little Elm

    Avg Rent: $1,429/month

  • Aubrey

    Aubrey

    Avg Rent: $1,250/month

Apartment Communities in Prosper We Think You'll Love

Atheria West Grove

Atheria West Grove

8599 W University Dr,
McKinney, TX 75071

1-3 Beds | $1,495 - $3,850

Royalton at Prosper

Royalton at Prosper

4320 S Legacy Dr,
Prosper, TX 75078

1-3 Beds | $1,201 - $2,287

Luminest Prosper

Luminest Prosper

4001 E University Dr,
Prosper, TX 75078

1-2 Beds | $1,412 - $2,360

Ascend at Celina Hills

Ascend at Celina Hills

1325 Choate Pky,
Celina, TX 75009

1-3 Beds | $1,134 - $2,158

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Frequently Asked Questions

What is the average rent in Prosper?

The average rent in Prosper is $1,328 per month, which is 20.2% lower than the national average of $1,665.

What is the average rent for a house in Prosper?

The average rent for a house in Prosper, TX is $2,474 per month.

What is the average rent for a condo in Prosper?

The average rent for a condo in Prosper, TX is $999 per month.

Are rents going up or down in Prosper?

Rents in Prosper, TX are decreasing, with prices down 7.3% year-over-year and $96 less per month.

What rent range is most common in Prosper?

In Prosper, TX, 56% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Texas Prosper 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 September 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