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Rental Market Trends in Melissa, TX

What is the average rent in Melissa, TX?

$1,400/month

Average Rent

737 Sq Ft

Average Apartment Size

-1.7%

Decrease in the Last Year

As of February 2026, the average rent in Melissa, TX is $1,400 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Melissa rent prices are 14% lower than the national average. When you rent an apartment in Melissa, you can expect to pay about $1,437 per month for a studio, $1,400 for a one-bedroom apartment, and around $1,920 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,440 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,437/month
711 Sq Ft
One Bedroom
$1,400/month
737 Sq Ft
Two Bedroom
$1,920/month
1,124 Sq Ft
Three Bedroom
$2,440/month
1,441 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,215/month
1,770 Sq Ft
Four Bedroom
$2,739/month
2,537 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,047/month
800 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Melissa, TX?

In the past year, rent has decreased by 1.7%, which averages out to $24 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 February 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Melissa, TX
Last Updated February 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Melissa, TX
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
8% $1,001 - $1,500/month
62% $1,501 - $2,000/month
31% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Melissa?

Based on current rent prices, Hunters Ridge is the most affordable neighborhood in Melissa.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunters Ridge
$1,602/month
743 Sq Ft

What are the most expensive neighborhoods in Melissa?

Based on current rent prices, Hunters Ridge is the most expensive neighborhood in Melissa.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunters Ridge
$1,602/month
743 Sq Ft

Which Melissa neighborhoods have the most rentals available?

The neighborhood in Melissa with the most apartments available is Hunters Ridge .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunters Ridge
$1,602/month
743 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Melissa, TX?

Because the average rent in Melissa is $1,400, you’ll want to make about $4,666 per month or $55,992 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

Melissa, TX

1,084 Available Apartments for Rent

Search for Nearby Apartments

How does Melissa, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Melissa, 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 Melissa, TX

Apartment Averages

Hunters Ridge

Melissa, TX

Hunters Ridge

Melissa, TX

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Anna Average Rent
  • McKinney Average Rent
  • Princeton Average Rent
  • Van Alstyne Average Rent

Apartment communities in Melissa we think you'll love

Harlow

Harlow

300 Lucas Lane,
Melissa, TX 75454

$1,692 - $3,057 Total Monthly Price

1-3 Beds

Harmon Melissa

Harmon Melissa

424 Harmon Dr,
Melissa, TX 75454

Call for Rent

3-4 Beds

Yardly Stoneridge

Yardly Stoneridge

230 W Melissa Rd,
Melissa, TX 75454

$1,560 - $2,097 Total Monthly Price

1-2 Beds

Prose Stoneridge

Prose Stoneridge

2911 Central Expy,
Melissa, TX 75454

$1,293 - $1,913 Total Monthly Price

1-2 Beds

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United States Texas Melissa 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity