Average Rent in Richardson, TX
35 apartment buildings, 599 units. Real asking prices, refreshed daily.
Avg Rent
$1,702/mo
market average
Cheapest
$974/mo
Camelot Apartments
Properties
35
tracked daily
Units
599
available now
Richardson, TX Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 35 properties in Richardson, TX.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Richardson, TX Rent Prices
All 35 properties ranked by lowest available rent.
Camelot Apartments
1212 Hampshire Ln, Richardson, TX 75080, USA
Cutter's Point Apartment Homes
1111 Abrams Rd, Richardson, TX 75081, USA
Falls on Clearwood Apartments
613 Clearwood Dr, Richardson, TX 75081, USA
Lockwood Heights
800 Custer Rd, Richardson, TX 75080, USA
Hillsdale Garden Apartments
800 W Spring Valley Rd, Richardson, TX 75080, USA
The Collins Apartments
540 Buckingham Rd, Richardson, TX 75081, USA
Brick Row Apartments Richardson
744 Brick Row, Richardson, TX 75081, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Camelot Apartments 1212 Hampshire Ln, Richardson, TX 75080, USA | $974 | $1,365 | $1.57 | 3.9 (94) | 8 |
| 2 | Cutter's Point Apartment Homes 1111 Abrams Rd, Richardson, TX 75081, USA | $1,073 | $1,399 | $1.33 | 3.6 (247) | 3 |
| 3 | Falls on Clearwood Apartments 613 Clearwood Dr, Richardson, TX 75081, USA | $1,085 | $1,482 | $1.32 | 4.3 (191) | 3 |
| 4 | Lockwood Heights 800 Custer Rd, Richardson, TX 75080, USA | $1,105 | $1,406 | $1.30 | 3.2 (238) | 19 |
| 5 | Hillsdale Garden Apartments 800 W Spring Valley Rd, Richardson, TX 75080, USA | $1,170 | $1,208 | $1.71 | 4.9 (102) | 2 |
| 6 | The Collins Apartments 540 Buckingham Rd, Richardson, TX 75081, USA | $1,175 | $1,175 | $4.30 | 3.9 (415) | 1 |
| 7 | Brick Row Apartments Richardson 744 Brick Row, Richardson, TX 75081, USA | $1,185 | $1,185 | -- | 3.3 (289) | 1 |
Explore Each Property
Camelot Apartments
3.9 (94)1212 Hampshire Ln, Richardson, TX 75080, USA
Cutter's Point Apartment Homes
3.6 (247)1111 Abrams Rd, Richardson, TX 75081, USA
Falls on Clearwood Apartments
4.3 (191)613 Clearwood Dr, Richardson, TX 75081, USA
Lockwood Heights
3.2 (238)800 Custer Rd, Richardson, TX 75080, USA
Hillsdale Garden Apartments
4.9 (102)800 W Spring Valley Rd, Richardson, TX 75080, USA
The Collins Apartments
3.9 (415)540 Buckingham Rd, Richardson, TX 75081, USA
Richardson, TX Average Rent Prices 2026
The average rent in Richardson, TX is $1,702 per month, based on 599 units across 35 apartment communities. Prices range from $974 at Camelot Apartments to $2,268 at Parkside Towns.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,806/mo | $1,248/mo | 72 |
| 1 Bed | $1,492/mo | $974/mo | 311 |
| 2 Bed | $1,907/mo | $1,215/mo | 179 |
| 3 Bed | $2,272/mo | $1,381/mo | 37 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Building Economics
How much do Richardson, TX apartments earn?
The 28 buildings we can estimate generate about $11M in rental revenue per month ($130M a year). Estimated from each building's unit-level listing and leasing activity.
| Building | Est. Monthly Revenue | Est. Occupancy | Units |
|---|---|---|---|
| 1.The Riley | $929K/mo | 94% | 486 |
| 2.Madison at Melrose | $864K/mo | 100% | 492 |
| 3.The James at Canyon Creek Apartments | $852K/mo | 90% | 546 |
| 4.The Flats at Palisades | $715K/mo | 91% | 480 |
| 5.Camden Buckingham Apartments | $659K/mo | 93% | 468 |
Research estimates from listing activity, not operator financials. Click any building for the full revenue breakdown and methodology.
Market Context
Who rents in Richardson, TX, and what they pay
Tracked one-bedroom rent in Richardson, TX averages $1,492/mo, with two-bedroom units averaging $1,907/mo. At the local median household income of $96,257, that works out to 21% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Richardson, TX at $1,825/mo. The current tracked market average runs 7% below that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Richardson, TX while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in Dallas-Fort Worth
Demand in the Dallas-Fort Worth rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- Fossil Group
- Cisco Systems
- Texas Instruments
- Blue Cross Blue Shield of Texas
Mean one-way commute in Richardson, TX is 24 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
What salary do I need to live comfortably in Richardson, TX?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$68,000/year
Based on the 30 percent rule, using our tracked average rent of $1,702/mo.
Comfortable income
$82,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($974/mo), you need to earn at least $39,000/year.
Median household income in Richardson, TX is $96,257 , about 18% above the comfortable-living threshold.
Cost of living in Richardson, TX
Overall prices in Richardson, TX runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Richardson, TX's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,702 |
| Utilities | $507 |
| Groceries | $560 |
| Transportation | $1,208 |
| Healthcare | $589 |
| Other goods and services | $943 |
| Estimated total | $5,508/mo |
Population
118,269
Median household income
$96,257
Census median rent
$1,825/mo
Rent as % of income
29.7%
Median age
34.0
Mean commute
24 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Texas
How Richardson, TX rent compares to other markets in the state.
| City | Avg Rent | vs Richardson, TX | Properties |
|---|---|---|---|
| Addison, TX | $1,666 | -2% | 332 |
| Austin, TX | $1,962 | +15% | 206 |
| Dallas, TX | $1,837 | +8% | 166 |
| Houston, TX | $2,310 | +36% | 81 |
| Lewisville, TX | $1,584 | -7% | 54 |
| Arlington, TX | $1,398 | -18% | 54 |
Frequently asked questions
What is the average rent in Richardson, TX?
The average rent in Richardson, TX is $1,702 per month, based on 599 units across 35 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Richardson, TX?
The lowest available rent in Richardson, TX starts at $974 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Richardson, TX?
1-bedroom apartments in Richardson, TX average $1,492/mo. The lowest listed 1-bedroom starts at $974/mo across 311 units tracked.
How much is a 2-bedroom apartment in Richardson, TX?
2-bedroom apartments in Richardson, TX average $1,907/mo. Units start from $1,215/mo across 179 units currently listed.
Rent Trends in Richardson, TX
Track how apartment prices are changing over time.
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