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Average Rent in Richardson, TX & Rent Trends

Rent prices and market trends across 6 apartment communities in Richardson, TX. Updated daily.

Market Average

$1,331/mo

▲ +0.7% from last month

Lowest Available

$1,104/mo

cheapest unit on market

Communities

6

tracked daily

Units Listed

16

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.

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 75080 $1,780 ▼  $67 $1,000 13 242
Richardson 75082 $1,723 ▼  $18 $1,199 12 331
Richardson 75081 $1,485 ▼  $54 $921 9 129

Is Rent Going Up or Down in Richardson, TX?

As of October 2026, the average rent in Richardson, TX is $1,331 per month across 6 apartment communities and 16 available units. Rents have increased $10 (0.7%) over the past month.

The most affordable option is Cutter's Point Apartment Homes starting at $1,104/mo. By unit type, a studio averages $1,331/mo.

Prices range from $1,104 to $2,025 per month. The most common price point is the $1,200 range, where 11 units are currently listed.

Richardson, TX Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
May 2026 $1,488 - 8
June 2026 $1,562 +$74 8
July 2026 $1,554 -$8 8
August 2026 $1,614 +$60 7
September 2026 $1,585 -$29 8
October 2026 $1,527 -$58 8

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 Richardson, TX

Studio
$1,331
from $1,104 · 16 units

Rent Prices by Apartment in Richardson, TX

Property Starting at Average Units Rating
Cutter's Point Apartment Homes $1,104/mo $1,391/mo 3 3.6
Brick Row Apartments Richardson $1,125/mo $1,158/mo 2 3.3
The Flats at Palisades $1,228/mo $1,228/mo 1 3.9
Axis 110 $1,236/mo $1,252/mo 2 4.3
SYNC CityLine $1,250/mo $1,293/mo 7 3.8
Madison at Melrose $2,025/mo $2,025/mo 1 3.8

Frequently Asked Questions About Rent in Richardson, TX

What is the average rent in Richardson, TX?

The average rent in Richardson, TX is $1,331 per month as of October 2026, based on 16 units across 6 apartment communities.

Is rent going up or down in Richardson, TX?

Rent in Richardson, TX has increased $10 (0.7%) over the past month. The current average is $1,331/mo.

What is the cheapest apartment in Richardson, TX?

The most affordable apartment in Richardson, TX is Cutter's Point Apartment Homes with units starting at $1,104/mo.

How many apartments are available in Richardson, TX?

There are 16 units available across 6 apartment communities 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

$53,000/year

Based on the 30 percent rule, using our tracked average rent of $1,331/mo.

Comfortable income

$64,000/year

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

To afford the cheapest tracked apartment ($1,104/mo), you need to earn at least $44,000/year.

Median household income in Richardson, TX is $96,257 , about 51% 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) $1,331
Utilities $507
Groceries $560
Transportation $1,208
Healthcare $589
Other goods and services $943
Estimated total $5,137/mo

Population

118,269

Median household income

$96,257

Census median rent

$1,825/mo

Census rent burden

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.

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