Last updated
Average Rent in Allen, TX & Rent Trends
Rent prices and market trends across 9 apartment communities in Allen, TX. Updated daily.
Market Average
$1,750/mo
▼ 3.3% from last month
Lowest Available
$1,058/mo
cheapest unit on market
Communities
9
tracked daily
Units Listed
361
available now
Price Cuts This Week in Allen, TX
26 listed units across 3 buildings in Allen, TX dropped their asking rent in the past 7 days, an average cut of $85/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Watterscape Urban Residential | Unit 1266, A3 - 732 | $1,643 | $1,325 | $318 |
| Watterscape Urban Residential | Unit 2201, A3 - 732 | $1,643 | $1,325 | $318 |
| Watterscape Urban Residential | Unit 2233, A3 - 732 | $1,643 | $1,325 | $318 |
| Watterscape Urban Residential | Unit 2330, A1 - 685 | $1,395 | $1,199 | $196 |
| Watterscape Urban Residential | Unit 2420, A1 - 685 | $1,345 | $1,199 | $146 |
| Magnolia on the Green | Unit 27180 | $1,865 | $1,745 | $120 |
| Magnolia on the Green | Unit 27172 | $1,350 | $1,260 | $90 |
| Magnolia on the Green | Unit 27177 | $1,635 | $1,550 | $85 |
Rent by Neighborhood in Allen, TX
Compare average rent across Allen, TX neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Allen 75013 | $1,833 | ▼ $98 | $1,199 | 8 | 301 |
| McKinney 75070 | $1,335 | ▲ $17 | $1,058 | 1 | 60 |
Is Rent Going Up or Down in Allen, TX?
As of August 2026, the average rent in Allen, TX is $1,750 per month across 9 apartment communities and 361 available units. Rents have decreased $62 (3.3%) over the past month.
The most affordable option is McKinney Square Apartments starting at $1,058/mo. By unit type, a studio averages $1,516/mo, a 1-bedroom averages $1,572/mo, a 2-bedroom averages $2,101/mo, a 3-bedroom averages $3,406/mo.
Prices range from $1,058 to $4,098 per month. The most common price point is the $1,600 range, where 138 units are currently listed.
Allen, TX Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $2,024 | - | 7 |
| June 2026 | $1,916 | -$108 | 8 |
| July 2026 | $1,858 | -$58 | 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.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Allen, TX
Rent Prices by Apartment in Allen, TX
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| McKinney Square Apartments | $1,058/mo | $1,335/mo | 60 | 4.1 |
| Watterscape Urban Residential | $1,199/mo | $1,819/mo | 135 | 3.9 |
| The Lofts at Watters Creek | $1,245/mo | $1,763/mo | 23 | 4.2 |
| eaves Twin Creeks | $1,248/mo | $1,334/mo | 7 | 4.3 |
| Magnolia on the Green | $1,260/mo | $1,469/mo | 9 | 4.5 |
| Alta at the Farm | $1,265/mo | $1,832/mo | 29 | 4.6 |
| Alta Magnolia | $1,362/mo | $1,924/mo | 55 | 4.8 |
Frequently Asked Questions About Rent in Allen, TX
What is the average rent in Allen, TX?
Is rent going up or down in Allen, TX?
What is the cheapest apartment in Allen, TX?
How much is a 1-bedroom apartment in Allen, TX?
How many apartments are available in Allen, TX?
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 $1,750/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 ($1,058/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) | $1,750 |
| Utilities | $507 |
| Groceries | $560 |
| Transportation | $1,208 |
| Healthcare | $589 |
| Other goods and services | $943 |
| Estimated total | $5,556/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.
Google Search Trends for Allen, TX Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Allen, TX Apartments
Browse all 9 communities with daily-updated pricing and availability.