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Rental Market Trends in Richardson, TX

What is the average rent in Richardson, TX?

$1,433/month

Average Rent

762 Sq Ft

Average Apartment Size

-3.1%

Decrease in the Last Year

As of April 2026, the average rent in Richardson, TX is $1,433 per month. For comparison, the national average rent price in the US is currently $1,640/month, which means Richardson rent prices are 13% lower than the national average. When you rent an apartment in Richardson, you can expect to pay about $1,261 per month for a studio, $1,433 for a one-bedroom apartment, and around $1,795 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,062 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,261/month
596 Sq Ft
One Bedroom
$1,433/month
762 Sq Ft
Two Bedroom
$1,795/month
1,100 Sq Ft
Three Bedroom
$2,062/month
1,395 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$996/month
595 Sq Ft
Two Bedroom
$1,795/month
1,033 Sq Ft
Three Bedroom
$2,542/month
1,677 Sq Ft
Four Bedroom
$3,421/month
2,582 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,161/month
665 Sq Ft
Two Bedroom
$1,528/month
974 Sq Ft
Three Bedroom
$2,222/month
1,722 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,880/month
1,151 Sq Ft
Three Bedroom
$2,527/month
1,805 Sq Ft
Four Bedroom
$3,350/month
2,240 Sq Ft

How much has average rent changed in Richardson, TX?

In the past year, rent has decreased by 3.1%, which averages out to $44 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Richardson, TX
Last Updated April 2026
$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
37% $1,001 - $1,500/month
59% $1,501 - $2,000/month
3% 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
$1,252/month
706 Sq Ft
Brick Row
$1,273/month
765 Sq Ft
Canyon Creek Country Club
$1,526/month
812 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
$1,526/month
812 Sq Ft
Brick Row
$1,273/month
765 Sq Ft
Buckingham
$1,252/month
706 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
$1,252/month
706 Sq Ft
Canyon Creek Country Club
$1,526/month
812 Sq Ft
Brick Row
$1,273/month
765 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 $1,433, you’ll want to make about $4,776 per month or $57,312 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

7,975 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
$911/month
-
One Bedroom
$1,171/month
-
Two Bedroom
$1,539/month
-
Three Bedroom
$1,775/month
-
Search
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Nearby City Rent Trends

  • Garland Average Rent
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Apartment communities in Richardson we think you'll love

Junction at 7760

Junction at 7760

7760 McCallum Blvd,
Dallas, TX 75252

$800 - $1,043

Studio - 1 Bed

One90 Firewheel

One90 Firewheel

1675 W Campbell Rd,
Garland, TX 75044

$1,299 - $2,749

1-3 Beds

One90 Gateway

One90 Gateway

3201 Wynwood Dr,
Plano, TX 75074

$1,299 - $2,699

1-3 Beds

MAA Eastside

MAA Eastside

1801 N Greenville Ave,
Richardson, TX 75081

$1,115 - $3,900

Studio - 2 Beds

Property Management Companies in Richardson, TX

RPM
RPM
  • 638

    Communities

  • 176,996

    Units

  • 254

    Cities

13 Communities in Richardson
Greystar
Greystar
  • 3,481

    Communities

  • 958,281

    Units

  • 891

    Cities

11 Communities in Richardson
Willow Bridge
Willow Bridge
  • 714

    Communities

  • 198,172

    Units

  • 337

    Cities

8 Communities in Richardson
Avenue5 Residential
Avenue5 Residential
  • 569

    Communities

  • 127,502

    Units

  • 223

    Cities

7 Communities in Richardson
MAA
MAA
  • 292

    Communities

  • 101,754

    Units

  • 116

    Cities

4 Communities in Richardson
Bell Partners
Bell Partners
  • 197

    Communities

  • 61,828

    Units

  • 107

    Cities

4 Communities in Richardson
Berkshire
Berkshire
  • 103

    Communities

  • 34,743

    Units

  • 64

    Cities

4 Communities in Richardson
The Tipton Group
The Tipton Group
  • 66

    Communities

  • 14,163

    Units

  • 23

    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 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity