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Rental Market Trends in Richardson, TX

What is the average rent in Richardson, TX?

$1,472/month

Average Rent

761 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

Richardson, TX Rental Market Overview

The average rent in Richardson, TX is $1,472 per month. For comparison, the national average rent price in the US is currently $1,661/month, which means Richardson rent prices are 11% lower than the national average.

  • Studio apartments in Richardson average $1,281 per month.
  • One-bedroom apartments in Richardson average $1,472 per month.
  • Two-bedroom apartments in Richardson average $1,830 per month.
  • Three-bedroom apartments in Richardson average $2,125 or more per month.

Data Updated: July 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,281/month
595 Sq Ft
One Bedroom
$1,472/month
761 Sq Ft
Two Bedroom
$1,830/month
1,101 Sq Ft
Three Bedroom
$2,125/month
1,396 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$952/month
290 Sq Ft
Two Bedroom
$1,791/month
1,124 Sq Ft
Three Bedroom
$2,523/month
1,684 Sq Ft
Four Bedroom
$3,699/month
2,582 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,224/month
637 Sq Ft
Two Bedroom
$1,552/month
984 Sq Ft
Three Bedroom
$2,495/month
1,572 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,066/month
1,270 Sq Ft
Three Bedroom
$2,547/month
1,714 Sq Ft

How much has average rent changed in Richardson, TX?

In the past year, rent has increased by 1.1%, which averages out to $16 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 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Richardson, TX
Last Updated July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Richardson, TX
Percentage*
Rent Range
0% Below $700/month
3% $700 - $1,000/month
30% $1,001 - $1,500/month
62% $1,501 - $2,000/month
6% 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 is the most affordable neighborhood in Richardson.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Buckingham
$1,214/month
698 Sq Ft

What are the most expensive neighborhoods in Richardson?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Buckingham
$1,214/month
698 Sq Ft

Which Richardson neighborhoods have the most rentals available?

The neighborhood in Richardson with the most apartments available is Buckingham .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Buckingham
$1,214/month
698 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 $1,472, you’ll want to make about $4,906 per month or $58,872 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

8,202 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

Buckingham

Richardson, TX

Studio
$914/month
$914/month
One Bedroom
$1,166/month
$1,166/month
Two Bedroom
$1,567/month
$1,567/month
Three Bedroom
$1,768/month
$1,768/month
Search
Search

Compare Rent Trends Nearby

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

  • Garland

    Garland

  • Sachse

    Sachse

  • Plano

    Plano

  • Addison

    Addison

  • Rowlett

    Rowlett

Apartment Communities in Richardson We Think You'll Love

Junction at 7760

Junction at 7760

7760 McCallum Blvd,
Dallas, TX 75252

Studio - 1 Bed | $883 - $1,116

The Emory

The Emory

1345 14th St,
Plano, TX 75074

1-3 Beds | $1,583 - $3,923

One90 Firewheel

One90 Firewheel

1675 W Campbell Rd,
Garland, TX 75044

1-3 Beds | $1,425 - $2,699

One90 Gateway

One90 Gateway

3201 Wynwood Dr,
Plano, TX 75074

1-3 Beds | $1,299 - $2,806

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Frequently Asked Questions

What is the average rent in Richardson?

The average rent in Richardson is $1,472 per month, which is 11.4% lower than the national average of $1,661.

What is the average rent for a house in Richardson?

The average rent for a house in Richardson, TX is $2,523 per month.

What is the average rent for a townhome in Richardson?

The average rent for a townhome in Richardson, TX is $2,066 per month.

What is the average rent for a condo in Richardson?

The average rent for a condo in Richardson, TX is $1,224 per month.

Are rents going up or down in Richardson?

Rents in Richardson, TX are increasing, with prices up 1.1% year-over-year and $16 more per month.

What rent range is most common in Richardson?

In Richardson, TX, 62% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 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

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity