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Average Rent in Richardson 75080 & Rent Trends

Rent prices and market trends across 5 apartment communities in Richardson 75080, Addison, TX. Updated daily.

Market Average

$1,943/mo

▼ 15.3% from last month

Lowest Available

$1,249/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

16

available now

Richardson 75080 vs Addison, TX Average

Richardson 75080 is more expensive the Addison, TX average by $327/mo (20%). The citywide average is $1,616/mo across all neighborhoods.

Is Rent Going Up or Down in Richardson 75080?

As of June 2026, the average rent in Richardson 75080 is $1,943 per month across 5 apartment communities and 16 available units. Rents have decreased $336 (15.3%) over the past month.

The most affordable option is La Mirada Apartments starting at $1,249/mo. By unit type, a 2-bedroom averages $1,943/mo.

Prices range from $1,249 to $2,661 per month. The most common price point is the $1,200 range, where 3 units are currently listed.

Richardson 75080 Rent Price History

Window

Rent Price Distribution

Rent by Bedroom Type in Richardson 75080

2 Bed
$1,943
from $1,249 · 16 units

Rent Prices by Apartment in Richardson 75080

Property Starting at Average Units Rating
La Mirada Apartments $1,249/mo $1,366/mo 3 3.4
Shenandoah $1,369/mo $1,588/mo 4 3.6
Homes of Prairie Springs $1,840/mo $1,977/mo 3 4
The Caroline Eastside $2,015/mo $2,015/mo 1 4
Ovation at Galatyn Park $2,362/mo $2,539/mo 5 4

Frequently Asked Questions About Rent in Richardson 75080

What is the average rent in Richardson 75080?

The average rent in Richardson 75080 is $1,943 per month as of June 2026, based on 16 units across 5 apartment communities.

Is rent going up or down in Richardson 75080?

Rent in Richardson 75080 has decreased $336 (15.3%) over the past month. The current average is $1,943/mo.

What is the cheapest apartment in Richardson 75080?

The most affordable apartment in Richardson 75080 is La Mirada Apartments with units starting at $1,249/mo.

How many apartments are available in Richardson 75080?

There are 16 units available across 5 apartment communities in Richardson 75080.

What salary do I need to live comfortably in Richardson 75080?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$78,000/year

Based on the 30 percent rule, using our tracked average rent of $1,943/mo.

Comfortable income

$93,000/year

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

To afford the cheapest tracked apartment ($1,249/mo), you need to earn at least $50,000/year.

Median household income in Richardson 75080 is $82,858 , about 11% below the comfortable-living threshold.

Cost of living in Richardson 75080

Overall prices in Richardson 75080 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 Richardson 75080's regional price parities.

Category Monthly estimate
Rent (market average) $1,943
Utilities $507
Groceries $560
Transportation $1,208
Healthcare $589
Other goods and services $943
Estimated total $5,749/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.

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