Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Life in Melissa & Beyond
Melissa shares many of the great qualities that make Texas a desirable place to live.
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
Melissa, TX
As of June 2026, Melissa's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Melissa's average rent is 5.3% ($75) lower than the Texas average of $1,408 and 25.8% ($464) lower than the U.S. average of $1,797.
Average Rent
$1,333
Monthly ChangeMonth Over Month Change
1.4% ($19)
Yearly ChangeYear Over Year Change
25.1% ($447)
Avg. Days on MarketAverage Days on Market
36
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,073 | 0.3% ($3) | 4.7% ($53) |
| 2 Beds | $1,437 | 0.8% ($11) | 14.8% ($249) |
| 3 Beds | $1,831 | 1.4% ($26) | 9.4% ($189) |
| Nearby Cities | Average Rent | Avg. Rent vs. MelissaAverage Rent vs. Melissa | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Anna | $1,392 | 4.4% ($59) | 32 days |
| McKinney | $1,635 | 22.7% ($302) | 41 days |
| Van Alstyne | $1,102 | 17.3% ($231) | 31 days |
| Princeton | $1,421 | 6.6% ($88) | 27 days |
| Celina | $1,459 | 9.5% ($126) | 46 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Melissa Rental Market FAQs
Explore rental prices, market trends, and availability in Melissa, TX.
The average rent in Melissa, TX is $1,333 per month.
Apartments in Melissa typically rent for between $751 and $2,380 per month, with an average of $1,333 per month.
In Melissa, the average rent for a 1-bedroom apartment is $1,073 per month, for a 2-bedroom apartment, $1,437 per month, and a 3-bedroom apartment is $1,831 per month.
The average rent in Melissa is 25.8% ($464) lower than the national average of $1,797 per month.
The average rent in Melissa has increased by 1.4% ($19) in the last month and decreased by 25.1% ($447) over the past year.
The rental market in Melissa, TX, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Melissa, TX, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 44 rental properties available in Melissa, TX.
Based on the current averages, a household would need an annual income of $57,480 to comfortably afford a 2-bedroom apartment in Melissa.
