Last updated
Average Rent in Phillips Creek Ranch & Rent Trends
Rent prices and market trends across 26 apartment communities in Phillips Creek Ranch, Addison, TX. Updated daily.
Market Average
$1,603/mo
▲ +0.8% from last month
Lowest Available
$1,055/mo
cheapest unit on market
Communities
26
tracked daily
Units Listed
416
available now
Price Cuts This Week in Phillips Creek Ranch
142 listed units across 21 buildings offering 1 bed units in Phillips Creek Ranch dropped their asking rent in the past 7 days, an average cut of $56/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Commons of Chapel Creek | Unit 0611, B5t | $2,410 | $1,960 | $450 |
| Atherton | Unit 8307, B5t | $2,365 | $1,940 | $425 |
| The Plaza at Frisco Square Apartments | Unit 405, B2 | $1,997 | $1,737 | $260 |
| Cool Springs at Frisco Bridges | Unit 25 | $2,138 | $1,893 | $245 |
| Ravello Stonebriar Apartments | Unit 134, 2x2G-TD | $2,943 | $2,733 | $210 |
| MAA Starwood | Unit 09926, Zinnia | $2,393 | $2,258 | $135 |
| Newman Village Apartments | Unit 1352, B2t | $2,025 | $1,895 | $130 |
| MAA Starwood | Unit 03322, Zinnia | $2,293 | $2,163 | $130 |
Phillips Creek Ranch vs Addison, TX Average
Phillips Creek Ranch is cheaper the Addison, TX average by $68/mo (4%). The citywide average is $1,671/mo across all neighborhoods.
Is Rent Going Up or Down in Phillips Creek Ranch?
As of July 2026, the average rent in Phillips Creek Ranch is $1,603 per month across 26 apartment communities and 416 available units. Rents have increased $14 (0.8%) over the past month.
The most affordable option is Cypress Lake at Stonebriar Apartments starting at $1,055/mo. By unit type, a 1-bedroom averages $1,603/mo.
Prices range from $1,055 to $3,708 per month. The most common price point is the $1,600 range, where 102 units are currently listed.
Phillips Creek Ranch Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| June 2026 | $1,742 | - | 25 |
| July 2026 | $1,751 | +$9 | 26 |
Rent Price Distribution
Rent by Bedroom Type in Phillips Creek Ranch
Rent Prices by Apartment in Phillips Creek Ranch
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Cypress Lake at Stonebriar Apartments | $1,055/mo | $1,182/mo | 3 | 3.6 |
| The Commons of Chapel Creek | $1,065/mo | $1,328/mo | 5 | 4.3 |
| Stonebriar of Frisco Apartments | $1,072/mo | $1,102/mo | 4 | 3 |
| MAA Starwood | $1,078/mo | $1,277/mo | 14 | 4.4 |
| Villas of Chapel Creek | $1,100/mo | $1,262/mo | 7 | 4.1 |
| Atherton | $1,110/mo | $1,241/mo | 24 | 4.3 |
| Cool Springs at Frisco Bridges | $1,115/mo | $1,233/mo | 15 | 3.4 |
Frequently Asked Questions About Rent in Phillips Creek Ranch
What is the average rent in Phillips Creek Ranch?
Is rent going up or down in Phillips Creek Ranch?
What is the cheapest apartment in Phillips Creek Ranch?
How much is a 1-bedroom apartment in Phillips Creek Ranch?
How many apartments are available in Phillips Creek Ranch?
What salary do I need to live comfortably in Phillips Creek Ranch?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$64,000/year
Based on the 30 percent rule, using our tracked average rent of $1,603/mo.
Comfortable income
$77,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,055/mo), you need to earn at least $42,000/year.
Median household income in Phillips Creek Ranch is $82,858 , about 8% above the comfortable-living threshold.
Cost of living in Phillips Creek Ranch
Overall prices in Phillips Creek Ranch 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 Phillips Creek Ranch's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,603 |
| Utilities | $507 |
| Groceries | $560 |
| Transportation | $1,208 |
| Healthcare | $589 |
| Other goods and services | $943 |
| Estimated total | $5,409/mo |
Population
17,128
Median household income
$82,858
Census median rent
$1,717/mo
Rent as % of income
27.4%
Median age
35.6
Mean commute
25 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.
Google Search Trends for Phillips Creek Ranch Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Phillips Creek Ranch Apartments
Browse all 26 communities with daily-updated pricing and availability.