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Average Rent in Phillips Creek Ranch & Rent Trends

Rent prices and market trends across 8 apartment communities in Phillips Creek Ranch, Addison, TX. Updated daily.

Market Average

$2,531/mo

▲ +0.2% from last month

Lowest Available

$2,027/mo

cheapest unit on market

Communities

8

tracked daily

Units Listed

19

available now

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Phillips Creek Ranch vs Addison, TX Average

Phillips Creek Ranch is more expensive than the Addison, TX average by $873/mo (53%). The citywide average is $1,658/mo across all neighborhoods.

Is Rent Going Up or Down in Phillips Creek Ranch?

As of October 2026, the average rent in Phillips Creek Ranch is $2,531 per month across 8 apartment communities and 19 available units. Rents have increased $6 (0.2%) over the past month.

The most affordable option is Cypress Lake at Stonebriar Apartments starting at $2,027/mo. By unit type, a 3-bedroom averages $2,531/mo.

Prices range from $2,027 to $3,864 per month. The most common price point is the $2,200 range, where 8 units are currently listed.

Phillips Creek Ranch Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
June 2026 $1,655 - 9
July 2026 $1,636 -$19 9
August 2026 $1,632 -$4 9
September 2026 $1,655 +$23 9
October 2026 $1,658 +$3 9

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Phillips Creek Ranch

3 Bed
$2,531
from $2,027 · 19 units

Rent Prices by Apartment in Phillips Creek Ranch

Property Starting at Average Units Rating
Cypress Lake at Stonebriar Apartments $2,027/mo $2,027/mo 1 3.6
The Enclave at Stonebrook $2,049/mo $2,166/mo 5 4.3
MAA Starwood $2,248/mo $2,251/mo 4 4.4
MAA Frisco Bridges $2,288/mo $2,698/mo 3 4.5
Republic House at Frisco Bridges $2,378/mo $2,378/mo 1 3.9
AMLI Frisco Crossing $2,651/mo $3,100/mo 3 4
The Commons of Chapel Creek $3,010/mo $3,010/mo 1 4.3

Frequently Asked Questions About Rent in Phillips Creek Ranch

What is the average rent in Phillips Creek Ranch?

The average rent in Phillips Creek Ranch is $2,531 per month as of October 2026, based on 19 units across 8 apartment communities.

Is rent going up or down in Phillips Creek Ranch?

Rent in Phillips Creek Ranch has increased $6 (0.2%) over the past month. The current average is $2,531/mo.

What is the cheapest apartment in Phillips Creek Ranch?

The most affordable apartment in Phillips Creek Ranch is Cypress Lake at Stonebriar Apartments with units starting at $2,027/mo.

How many apartments are available in Phillips Creek Ranch?

There are 19 units available across 8 apartment communities 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

$101,000/year

Based on the 30 percent rule, using our tracked average rent of $2,531/mo.

Comfortable income

$121,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,027/mo), you need to earn at least $81,000/year.

Median household income in Phillips Creek Ranch is $82,858 , about 32% below 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) $2,531
Utilities $507
Groceries $560
Transportation $1,208
Healthcare $589
Other goods and services $943
Estimated total $6,337/mo

Population

17,128

Median household income

$82,858

Census median rent

$1,717/mo

Census rent burden

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.

Explore Phillips Creek Ranch Apartments

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