Average Rent in Allen, TX
8 apartment buildings, 463 units. Real asking prices, refreshed daily.
Avg Rent
$1,747/mo
market average
Cheapest
$1,041/mo
McKinney Square Apartments
Properties
8
tracked daily
Units
463
available now
Allen, TX Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 8 properties in Allen, TX.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Allen, TX Rent Prices
All 8 properties ranked by lowest available rent.
McKinney Square Apartments
6600 McKinney Ranch Pkwy, McKinney, TX 75070, USA
Watterscape Urban Residential
930 Ridgeview Dr, Allen, TX 75013, USA
Alta at the Farm
1287 Blue Tractor Ln, Allen, TX 75013, USA
The Lofts at Watters Creek
935 Garden Park Dr, Allen, TX 75013, USA
Alta Magnolia
1245 Blue Tractor Ln, Allen, TX 75013, USA
Magnolia on the Green
1845 Chelsea Blvd, Allen, TX 75013, USA
The Link at Twin Creeks
729 Junction Dr, Allen, TX 75013, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | McKinney Square Apartments 6600 McKinney Ranch Pkwy, McKinney, TX 75070, USA | $1,041 | $1,299 | $1.63 | 4.1 (502) | 69 |
| 2 | Watterscape Urban Residential 930 Ridgeview Dr, Allen, TX 75013, USA | $1,089 | $1,785 | $2.15 | 3.9 (190) | 196 |
| 3 | Alta at the Farm 1287 Blue Tractor Ln, Allen, TX 75013, USA | $1,105 | $1,773 | $2.11 | 4.6 (235) | 46 |
| 4 | The Lofts at Watters Creek 935 Garden Park Dr, Allen, TX 75013, USA | $1,110 | $1,655 | $1.63 | 4.2 (304) | 21 |
| 5 | Alta Magnolia 1245 Blue Tractor Ln, Allen, TX 75013, USA | $1,159 | $1,902 | $2.20 | 4.8 (147) | 83 |
| 6 | Magnolia on the Green 1845 Chelsea Blvd, Allen, TX 75013, USA | $1,265 | $1,458 | $1.81 | 4.5 (267) | 9 |
| 7 | The Link at Twin Creeks 729 Junction Dr, Allen, TX 75013, USA | $1,409 | $1,726 | $1.75 | 4.1 (148) | 31 |
Explore Each Property
McKinney Square Apartments
4.1 (502)6600 McKinney Ranch Pkwy, McKinney, TX 75070, USA
Watterscape Urban Residential
3.9 (190)930 Ridgeview Dr, Allen, TX 75013, USA
Alta at the Farm
4.6 (235)1287 Blue Tractor Ln, Allen, TX 75013, USA
The Lofts at Watters Creek
4.2 (304)935 Garden Park Dr, Allen, TX 75013, USA
Alta Magnolia
4.8 (147)1245 Blue Tractor Ln, Allen, TX 75013, USA
Magnolia on the Green
4.5 (267)1845 Chelsea Blvd, Allen, TX 75013, USA
Allen, TX Average Rent Prices 2026
The average rent in Allen, TX is $1,747 per month, based on 463 units across 8 apartment communities. Prices range from $1,041 at McKinney Square Apartments to $2,915 at Crestview Townhomes.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,378/mo | $1,105/mo | 22 |
| 1 Bed | $1,540/mo | $1,041/mo | 301 |
| 2 Bed | $2,150/mo | $1,539/mo | 129 |
| 3 Bed | $3,423/mo | $2,560/mo | 11 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Allen, TX, and what they pay
Tracked one-bedroom rent in Allen, TX averages $1,540/mo, with two-bedroom units averaging $2,150/mo. At the local median household income of $129,130, that works out to 16% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Allen, TX at $1,877/mo. The current tracked market average runs 7% below that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Allen, TX while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Allen, TX?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$70,000/year
Based on the 30 percent rule, using our tracked average rent of $1,747/mo.
Comfortable income
$84,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,041/mo), you need to earn at least $42,000/year.
Median household income in Allen, TX is $129,130 , about 54% above the comfortable-living threshold.
Cost of living in Allen, TX
Overall prices in Allen, TX 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 Allen, TX's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,747 |
| Utilities | $507 |
| Groceries | $560 |
| Transportation | $1,208 |
| Healthcare | $589 |
| Other goods and services | $943 |
| Estimated total | $5,553/mo |
Population
107,684
Median household income
$129,130
Census median rent
$1,877/mo
Rent as % of income
30.9%
Median age
38.5
Mean commute
28 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.
Compare
Nearby cities in Texas
How Allen, TX rent compares to other markets in the state.
| City | Avg Rent | vs Allen, TX | Properties |
|---|---|---|---|
| Addison, TX | $1,622 | -7% | 311 |
| Austin, TX | $2,034 | +16% | 186 |
| Dallas, TX | $1,793 | +3% | 158 |
| Houston, TX | $2,250 | +29% | 70 |
| Lewisville, TX | $1,585 | -9% | 54 |
| Arlington, TX | $1,391 | -20% | 54 |
Frequently asked questions
What is the average rent in Allen, TX?
The average rent in Allen, TX is $1,747 per month, based on 463 units across 8 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Allen, TX?
The lowest available rent in Allen, TX starts at $1,041 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Allen, TX?
1-bedroom apartments in Allen, TX average $1,540/mo. The lowest listed 1-bedroom starts at $1,041/mo across 301 units tracked.
How much is a 2-bedroom apartment in Allen, TX?
2-bedroom apartments in Allen, TX average $2,150/mo. Units start from $1,539/mo across 129 units currently listed.
Rent Trends in Allen, TX
Track how apartment prices are changing over time.
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