The Emory
1345 14th St,
Plano, TX 75074
1-3 Beds | $1,500 - $3,508
Rental Market Trends in Plano, TX
What is the average rent in Plano, TX?
$1,484/month
Average Rent
761 Sq Ft
Average Apartment Size
-0.3%
Decrease in the Last Year
As of April 2025, the average rent in Plano, TX is $1,484 per month. For comparison, the national average rent price in the US is currently $1,575/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 $1,396 per month for a studio, $1,484 for a one-bedroom apartment, and around $1,918 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,362 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 0.3%, which averages out to $4 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 Plano, TX
Last Updated April 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
4%
$700 - $1,000/month
26%
$1,001 - $1,500/month
58%
$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 $1,484, you’ll want to make about $4,946 per month or $59,352 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 Plano, TX is 13.3% higher than the national average. Generally, housing in Plano is 27.1% more expensive than the national average, with rent falling between $1,396 - $2,362. You can expect to pay 2.9% less for groceries, 14.1% more for utilities, and 5.8% less for transportation.
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
$1,360/month
$1,360/month
One Bedroom
$1,500/month
$1,500/month
Two Bedroom
$1,795/month
$1,795/month
Three Bedroom
$1,930/month
$1,930/month
Nearby City Rent Trends
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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.