The Emory
1345 14th St,
Plano, TX 75074
1-3 Beds | $1,415 - 6,354
Rental Market Trends in Plano, TX
What is the average rent in Plano, TX?
$1,466/month
Average Rent
762 Sq Ft
Average Apartment Size
-2%
Decrease in the Last Year
As of November 2024, the average rent in Plano, TX is $1,466 per month. For comparison, the national average rent price in the US is currently $1,559/month, which means Plano rent prices are 6% lower than the national average. When you rent an apartment in Plano, you can expect to pay about $1,415 per month for a studio, $1,466 for a one-bedroom apartment, and around $1,886 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,377 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 Plano, TX?
In the past year, rent has decreased by 2%, which averages out to $29 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 November 2024
Legend
2023
2024
Rent Ranges in Plano, TX
Last Updated November 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
4%
$700 - $1,000/month
32%
$1,001 - $1,500/month
52%
$1,501 - $2,000/month
12%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Plano?
Based on current rent prices, Downtown Plano is the most affordable neighborhood in Plano.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Plano?
Based on current rent prices, Downtown Plano is the most expensive neighborhood in Plano.
Neighborhood
Average Rent
Average Sq Ft
Which Plano neighborhoods have the most rentals available?
The neighborhood in Plano with the most apartments available is Downtown Plano .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Plano, TX?
Because the average rent in Plano is $1,466, you’ll want to make about $4,886 per month or $58,632 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 Plano, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Plano, 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.
Studio
$1,298/month
$1,298/month
One Bedroom
$1,477/month
$1,477/month
Two Bedroom
$1,716/month
$1,716/month
Three Bedroom
$1,855/month
$1,855/month
Nearby City Rent Trends
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CAF Management
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Methodology
† 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.
* Percentages may not total 100 due to rounding.