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Average Rent in Richardson, TX & Rent Trends

Rent prices and market trends across 28 apartment communities in Richardson, TX. Updated daily.

Area All Areas
Richardson 750807508175082

Market Average

$1,523/mo

▲ +0.6% from last month

Lowest Available

$1,000/mo

cheapest unit on market

Communities

28

tracked daily

Units Listed

354

available now

Price Cuts This Week in Richardson, TX

215 listed units across 18 buildings offering 1 bed units in Richardson, TX dropped their asking rent in the past 7 days, an average cut of $42/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
GreenVue Unit 5, Spectrum $1,690 $1,495 $195
GreenVue Unit 4, Geolocation $1,464 $1,285 $179
The Lyla Apartments Unit 2123, B7 $2,353 $2,195 $158
GreenVue Unit 6, Broadband $1,720 $1,574 $146
Marquis at Waterview Unit 18084 $2,469 $2,334 $135
Marquis at Waterview Unit 18087 $1,720 $1,607 $113
Axis 110 Unit 2056, B2C $2,079 $1,968 $111
Axis 110 Unit 2060, B2H $2,104 $1,993 $111
See today's prices on all 354 listed units

Rent by Neighborhood in Richardson, TX

Compare average rent across Richardson, TX neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Richardson 75080 $1,806 ▲  $22 $1,105 11 250
Richardson 75082 $1,721 ▼  $38 $984 12 256
Richardson 75081 $1,527 ▲  $41 $1,000 9 107

Is Rent Going Up or Down in Richardson, TX?

As of August 2026, the average rent in Richardson, TX is $1,523 per month across 28 apartment communities and 354 available units. Rents have increased $9 (0.6%) over the past month.

The most affordable option is The Mallory Eastside starting at $1,000/mo. By unit type, a 1-bedroom averages $1,523/mo.

Prices range from $1,000 to $2,324 per month. The most common price point is the $1,400 range, where 141 units are currently listed.

Richardson, TX Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
May 2026 $1,556 - 27
June 2026 $1,625 +$69 27
July 2026 $1,638 +$13 29
August 2026 $1,648 +$10 28

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Richardson, TX

1 Bed
$1,523
from $1,000 · 354 units

Rent Prices by Apartment in Richardson, TX

Property Starting at Average Units Rating
The Mallory Eastside $1,000/mo $1,000/mo 1 3.9
Falls on Clearwood Apartments $1,035/mo $1,035/mo 1 4.3
Vantage at Spring Creek Apartments $1,089/mo $1,427/mo 16 3.8
Prestonwood Apartments $1,094/mo $1,185/mo 3 4
Lockwood Heights $1,105/mo $1,199/mo 7 3.2
The Collins Apartments $1,169/mo $1,169/mo 1 3.9
Hillsdale Garden Apartments $1,170/mo $1,170/mo 1 4.9

Frequently Asked Questions About Rent in Richardson, TX

What is the average rent in Richardson, TX?

The average rent in Richardson, TX is $1,523 per month as of August 2026, based on 354 units across 28 apartment communities.

Is rent going up or down in Richardson, TX?

Rent in Richardson, TX has increased $9 (0.6%) over the past month. The current average is $1,523/mo.

What is the cheapest apartment in Richardson, TX?

The most affordable apartment in Richardson, TX is The Mallory Eastside with units starting at $1,000/mo.

How much is a 1-bedroom apartment in Richardson, TX?

A 1-bedroom apartment in Richardson, TX averages $1,523/mo, with prices starting at $1,000/mo across 354 available units.

How many apartments are available in Richardson, TX?

There are 354 units available across 28 apartment communities in Richardson, TX.

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

$61,000/year

Based on the 30 percent rule, using our tracked average rent of $1,523/mo.

Comfortable income

$73,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,000/mo), you need to earn at least $40,000/year.

Median household income in Richardson, TX is $96,257 , about 32% 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) $1,523
Utilities $507
Groceries $560
Transportation $1,208
Healthcare $589
Other goods and services $943
Estimated total $5,329/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.

Explore Richardson, TX Apartments

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