Last updated
Average Rent in Richardson, TX & Rent Trends
Rent prices and market trends across 8 apartment communities in Richardson, TX. Updated daily.
Market Average
$1,826/mo
▲ +1.1% from last month
Lowest Available
$1,264/mo
cheapest unit on market
Communities
8
tracked daily
Units Listed
72
available now
Price Cuts This Week in Richardson, TX
29 listed units across 4 buildings offering studio units in Richardson, TX dropped their asking rent in the past 7 days, an average cut of $21/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Flats at Palisades | Unit 2121 | $1,434 | $1,385 | $49 |
| The Flats at Palisades | Unit 6318 | $1,488 | $1,443 | $45 |
| Marquis at Waterview | Unit 18077 | $1,508 | $1,482 | $26 |
| Marquis at Waterview | Unit 18078 | $1,658 | $1,632 | $26 |
| The Flats at Palisades | Unit 4142 | $1,832 | $1,806 | $26 |
| The Mallory Eastside | Unit 1, a1b | $1,344 | $1,319 | $25 |
| The Mallory Eastside | Unit 9, a1b | $1,344 | $1,319 | $25 |
| The Flats at Palisades | Unit 4316 | $2,577 | $2,552 | $25 |
Rent by Neighborhood in Richardson, TX
Compare average rent across Richardson, TX neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Richardson 75082 | $1,747 | ▲ $24 | $1,275 | 12 | 255 |
| Richardson 75080 | $1,721 | ▲ $72 | $1,029 | 13 | 237 |
| Richardson 75081 | $1,494 | ▼ $10 | $1,065 | 10 | 100 |
Is Rent Going Up or Down in Richardson, TX?
As of July 2026, the average rent in Richardson, TX is $1,826 per month across 8 apartment communities and 72 available units. Rents have increased $18 (1.1%) over the past month.
The most affordable option is The Flats at Palisades starting at $1,264/mo. By unit type, a studio averages $1,826/mo.
Prices range from $1,264 to $2,942 per month. The most common price point is the $1,200 range, where 15 units are currently listed.
Richardson, TX Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,657 | - | 6 |
| June 2026 | $1,678 | +$21 | 6 |
| July 2026 | $1,689 | +$11 | 8 |
Rent Price Distribution
Rent by Bedroom Type in Richardson, TX
Rent Prices by Apartment in Richardson, TX
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Flats at Palisades | $1,264/mo | $1,277/mo | 2 | 3.9 |
| Madison at Melrose | $1,265/mo | $1,866/mo | 13 | 3.8 |
| SYNC CityLine | $1,279/mo | $1,353/mo | 3 | 3.8 |
| Axis 110 | $1,300/mo | $1,300/mo | 1 | 4.3 |
| The Mallory Eastside | $1,319/mo | $1,319/mo | 1 | 3.9 |
| Belt & Main | $1,342/mo | $2,005/mo | 25 | 4.4 |
| Marquis at Waterview | $1,347/mo | $1,347/mo | 1 | 3.3 |
Frequently Asked Questions About Rent in Richardson, TX
What is the average rent in Richardson, TX?
Is rent going up or down in Richardson, TX?
What is the cheapest apartment in Richardson, TX?
How many apartments are available in Richardson, TX?
What salary do I need to live comfortably in Richardson, 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
$73,000/year
Based on the 30 percent rule, using our tracked average rent of $1,826/mo.
Comfortable income
$88,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,264/mo), you need to earn at least $51,000/year.
Median household income in Richardson, TX is $96,257 , about 10% above the comfortable-living threshold.
Cost of living in Richardson, TX
Overall prices in Richardson, 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 Richardson, TX's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,826 |
| Utilities | $507 |
| Groceries | $560 |
| Transportation | $1,208 |
| Healthcare | $589 |
| Other goods and services | $943 |
| Estimated total | $5,632/mo |
Population
118,269
Median household income
$96,257
Census median rent
$1,825/mo
Rent as % of income
29.7%
Median age
34.0
Mean commute
24 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 Richardson, TX Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Richardson, TX Apartments
Browse all 8 communities with daily-updated pricing and availability.