Alta Magnolia
1245 Blue Tractor Lane,
Allen, TX 75013
Studio - 3 Beds | $1,335 - $3,445
Rental Market Trends in Allen, TX
What is the average rent in Allen, TX?
$1,474/month
Average Rent
757 Sq Ft
Average Apartment Size
-0.6%
Decrease in the Last Year
As of April 2025, the average rent in Allen, TX is $1,474 per month. For comparison, the national average rent price in the US is currently $1,577/month, which means Allen rent prices are 7% lower than the national average. When you rent an apartment in Allen, you can expect to pay about $1,424 per month for a studio, $1,474 for a one-bedroom apartment, and around $1,858 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,323 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Allen, TX?
In the past year, rent has decreased by 0.6%, which averages out to $8 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 2025
Legend
2024
2025
Rent Ranges in Allen, TX
Last Updated April 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
19%
$1,001 - $1,500/month
74%
$1,501 - $2,000/month
6%
Above $2,000/month
What salary do I need to live comfortably in Allen, TX?
Because the average rent in Allen is $1,474, you’ll want to make about $4,913 per month or $58,956 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.
Cost of Living
The cost of living in Allen, TX is 5.5% lower than the national average. Generally, housing in Allen is 1.4% less expensive than the national average, with rent falling between $1,424 - $2,323. You can expect to pay 9.2% less for groceries, 19.0% more for utilities, and 1.2% less for transportation.
How does Allen, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Allen, 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.
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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 2025.
* Percentages may not total 100 due to rounding.