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Rental Market Trends in Richardson, TX

What is the average rent in Richardson, TX?

$1,480/month

Average Rent

758 Sq Ft

Average Apartment Size

+0.4%

Increase in the Last Year

As of July 2025, the average rent in Richardson, TX is $1,480 per month. For comparison, the national average rent price in the US is currently $1,636/month, which means Richardson rent prices are 10% lower than the national average. When you rent an apartment in Richardson, you can expect to pay about $1,277 per month for a studio, $1,480 for a one-bedroom apartment, and around $1,844 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,149 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,277/month
597 Sq Ft
One Bedroom
$1,480/month
758 Sq Ft
Two Bedroom
$1,844/month
1,098 Sq Ft
Three Bedroom
$2,149/month
1,391 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,001/month
367 Sq Ft
Two Bedroom
$1,873/month
1,283 Sq Ft
Three Bedroom
$2,552/month
1,677 Sq Ft
Four Bedroom
$3,591/month
2,580 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,106/month
672 Sq Ft
Two Bedroom
$1,651/month
1,041 Sq Ft
Three Bedroom
$2,076/month
1,276 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,936/month
1,256 Sq Ft
Three Bedroom
$2,492/month
1,682 Sq Ft
Four Bedroom
$2,873/month
2,077 Sq Ft

How much has average rent changed in Richardson, TX?

In the past year, rent has increased by 0.4%, which averages out to $6 more 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 Richardson, TX
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Richardson, TX
Percentage*
Rent Range
0% Below $700/month
1% $700 - $1,000/month
36% $1,001 - $1,500/month
59% $1,501 - $2,000/month
4% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Richardson?

Based on current rent prices, Buckingham, Brick Row and Canyon Creek Country Club are the most affordable neighborhoods in Richardson.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Buckingham
$1,243/month
663 Sq Ft
Brick Row
$1,552/month
789 Sq Ft
Canyon Creek Country Club
$1,811/month
827 Sq Ft

What are the most expensive neighborhoods in Richardson?

Based on current rent prices, Canyon Creek Country Club, Brick Row and Buckingham are the most expensive neighborhoods in Richardson.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Canyon Creek Country Club
$1,811/month
827 Sq Ft
Brick Row
$1,552/month
789 Sq Ft
Buckingham
$1,243/month
663 Sq Ft

Which Richardson neighborhoods have the most rentals available?

The neighborhoods in Richardson with the most apartments available are Buckingham, Canyon Creek Country Club and Brick Row .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Buckingham
$1,243/month
663 Sq Ft
Canyon Creek Country Club
$1,811/month
827 Sq Ft
Brick Row
$1,552/month
789 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Richardson is $1,480, you’ll want to make about $4,933 per month or $59,196 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

Richardson, TX

7,666 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Richardson, 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 Richardson, TX

Apartment Averages

Buckingham

Richardson, TX

Canyon Creek Country Club

Richardson, TX

Studio
$915/month
-
One Bedroom
$1,115/month
-
Two Bedroom
$1,543/month
-
Three Bedroom
$1,756/month
-
Search
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Nearby City Rent Trends

  • Garland Average Rent
  • Sachse Average Rent
  • Plano Average Rent
  • Addison Average Rent
  • Rowlett Average Rent

Apartment communities in Richardson we think you'll love

One90 Firewheel

One90 Firewheel

1675 W Campbell Rd,
Garland, TX 75044

1-3 Beds | $1,499 - $2,734

The Garrison

The Garrison

9911 Whitehurst Dr,
Dallas, TX 75243

Studio - 2 Beds | $770 - $1,481

Trellis Canyon Creek

Trellis Canyon Creek

2301 N Central Expy,
Richardson, TX 75080

Studio - 1 Bed | $1,195 - $1,555

MAA Eastside

MAA Eastside

1801 N Greenville Ave,
Richardson, TX 75081

Studio - 2 Beds | $1,220 - $3,468

Property Management Companies in Richardson, TX

RPM
RPM
  • 599

    Communities

  • 158,776

    Units

  • 241

    Cities

12 Communities in Richardson
Greystar
Greystar
  • 3,266

    Communities

  • 908,219

    Units

  • 842

    Cities

8 Communities in Richardson
Bell Partners
Bell Partners
  • 218

    Communities

  • 70,777

    Units

  • 118

    Cities

6 Communities in Richardson
Avenue5 Residential
Avenue5 Residential
  • 498

    Communities

  • 110,935

    Units

  • 193

    Cities

4 Communities in Richardson
MAA
MAA
  • 288

    Communities

  • 100,362

    Units

  • 113

    Cities

4 Communities in Richardson
Berkshire
Berkshire
  • 101

    Communities

  • 34,323

    Units

  • 60

    Cities

4 Communities in Richardson
Valiant Residential
Valiant Residential
  • 85

    Communities

  • 24,910

    Units

  • 49

    Cities

4 Communities in Richardson
Brazos Residential Management
Brazos Residential Management
  • 23

    Communities

  • 4,590

    Units

  • 12

    Cities

4 Communities in Richardson

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United States Texas Richardson 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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Equal Housing Opportunity