Royalton at Prosper
4320 S Legacy Dr,
Prosper, TX 75078
1-3 Beds | $1,093 - $2,096
Rental Market Trends in Prosper, TX
Updated July 2026
The average rent in Prosper, TX is $1,347/month.
Rent in Prosper is 19% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,347/month
Average Rent
713 Sq Ft
Average Size
-5.9%
Change / Year
3,519
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 $1,347 per month.
- Two-bedroom apartments in Prosper average $1,886 per month.
- Three-bedroom apartments in Prosper average $2,446 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Prosper, TX?
In the past year, rent has decreased by 5.9%, which averages out to $79 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Prosper, TX
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
29%
$1,001 - $1,500/month
50%
$1,501 - $2,000/month
21%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Prosper?
Based on current rent prices, Prosper is the most affordable neighborhood in Prosper.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Prosper?
Based on current rent prices, Prosper is the most expensive neighborhood in Prosper.
Neighborhood
Average Rent
Average Sq Ft
Which Prosper neighborhoods have the most rentals available?
The neighborhood in Prosper with the most apartments available is Prosper .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Prosper, TX?
Because the average rent in Prosper is $1,347, you’ll want to make about $4,490 per month or $53,880 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.
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 GuideStudio
-
-
One Bedroom
$1,423/month
$1,423/month
Two Bedroom
$1,922/month
$1,922/month
Three Bedroom
$2,643/month
$2,643/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Prosper We Think You'll Love
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Prosper?
The average rent in Prosper is $1,347 per month, which is 19.0% lower than the national average of $1,663.
What is the average rent for a house in Prosper?
The average rent for a house in Prosper, TX is $2,539 per month.
What is the average rent for a townhome in Prosper?
The average rent for a townhome 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 $1,002 per month.
Are rents going up or down in Prosper?
Rents in Prosper, TX are decreasing, with prices down 5.9% year-over-year and $79 less per month.
What rent range is most common in Prosper?
In Prosper, TX, 50% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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.