Magnolia Grove Apartments
551 Crossroads Pky,
Terrell, TX 75160
Studio - 3 Beds | $1,133 - $1,914
Rental Market Trends in Terrell, TX
Updated August 2026
The average rent in Terrell, TX is $1,215/month.
Rent in Terrell is 27% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$1,215/month
Average Rent
716 Sq Ft
Average Size
-2.5%
Change / Year
242
Available Apartments
Terrell rent varies by unit size and layout:
- Studio apartments in Terrell average $975 per month.
- One-bedroom apartments in Terrell average $1,215 per month.
- Two-bedroom apartments in Terrell average $1,505 per month.
- Three-bedroom apartments in Terrell average $1,737 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Terrell, TX?
In the past year, rent has decreased by 2.5%, which averages out to $30 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Terrell, TX
August 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
60%
$1,001 - $1,500/month
30%
$1,501 - $2,000/month
10%
Above $2,000/month
What salary do I need to live comfortably in Terrell, TX?
Because the average rent in Terrell is $1,215, you’ll want to make about $4,050 per month or $48,600 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 Terrell, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Terrell, 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 Terrell Area GuideApartment Communities in Terrell We Think You'll Love
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Frequently Asked Questions
What is the average rent in Terrell?
The average rent in Terrell is $1,215 per month, which is 26.9% lower than the national average of $1,663.
What is the average rent for a house in Terrell?
The average rent for a house in Terrell, TX is $1,976 per month.
Are rents going up or down in Terrell?
Rents in Terrell, TX are decreasing, with prices down 2.5% year-over-year and $30 less per month.
What rent range is most common in Terrell?
In Terrell, TX, 60% of apartments fall between $1,001 - $1,500/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.