Texas is a state known for its rich history, diverse culture, and abundant natural beauty. Learn the history and tradition of this place by visiting iconic sites like the Alamo, San Jacinto Monument, and the Texas State Capitol. Texas is also home to top-notch universities like the University of Texas at Austin, Texas A&M University, and Rice University. In addition, a blend of the energy, technology, and agriculture industries sustains a robust economy in Texas.

Texas offers a range of adventures, from scenic drives in the Hill Country to the beautiful beaches of South Padre Island. Sports fans can enjoy the Dallas Cowboys (NFL), Houston Texans (NFL), Dallas Stars (NHL), Houston Astros (MLB), Texas Rangers (MLB), Houston Rockets (NBA), San Antonio Spurs (NBA), and Dallas Mavericks (NBA) at venues like AT&T Stadium or Minute Maid Park, or cheer on the state's many fantastic college sports teams. In addition, make sure to take advantage of famous attractions like the Space Center Houston, the San Antonio Riverwalk, or the Fort Worth Stockyards.

With its thriving economy, affordable living, and welcoming communities, embrace the Lone Star State and see why Texas is such a great place to live.

Rental Market Trends

Allen, TX

As of July 2025, Allen's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Allen's average rent is 28.6% ($407) higher than the Texas average of $1,424 and 3.2% ($56) higher than the U.S. average of $1,775.

Average Rent

$1,831

Monthly ChangeMonth Over Month Change

3.7% ($65)

Yearly ChangeYear Over Year Change

12.9% ($209)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,382	2% ($27)	4.2% ($60)
2 Beds	$1,884	12.6% ($211)	2.8% ($52)
3 Beds	$2,269	0.7% ($15)	8.7% ($216)

Nearby Cities	Average Rent	Avg. Rent vs. AllenAverage Rent vs. Allen	Avg. Days on MarketAverage Days on Market
Plano	$1,835	0.2% ($4)	51 days
McKinney	$1,784	2.6% ($47)	41 days
Wylie	$1,622	11.4% ($209)	43 days
Sachse	$1,783	2.6% ($48)	47 days
Princeton	$1,467	19.9% ($364)	27 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Allen Rental Market FAQs

Explore rental prices, market trends, and availability in Allen, TX.

What is the average rent in Allen, TX?

The average rent in Allen, TX is $1,831 per month.

What is the rental price range for homes in Allen, TX?

Homes in Allen typically rent for between $967 and $2,950 per month, with an average of $1,831 per month.

What is the average rent for different bedroom sizes in Allen, TX?

In Allen, the average rent for a 1-bedroom home is $1,382 per month, for a 2-bedroom home, $1,884 per month, and a 3-bedroom home is $2,269 per month.

How do rent prices in Allen, TX compare with the national average?

The average rent in Allen is 3.2% ($56) higher than the national average of $1,775 per month.

How have rent prices in Allen, TX changed recently?

The average rent in Allen has increased by 3.7% ($65) in the last month and increased by 12.9% ($209) over the past year.

How competitive is the rental market in Allen, TX?

The rental market in Allen, TX, is currently stable, offering a predictable rental market where most units lease within a few weeks.

How long do rentals stay on the market in Allen, TX?

In Allen, TX, the average rental stays on the market for approximately 48 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Allen, TX?

There are currently 56 rental properties available in Allen, TX.

Can I afford to rent a home in Allen, TX?

Based on the current averages, a household would need an annual income of $75,360 to comfortably afford a 2-bedroom home in Allen.