Apartments for Rent in Plano, TX

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What to Know About

Living in Plano, TX

Plano is recognized as one of the "happiest cities" and is known for its strong economy, excellent schools, and recreational opportunities. The city is home to several major universities, including the University of Texas at Dallas and Collin College. This city has plenty to explore, including the beautiful ArtCentre of Plano, Heritage Farmstead Museum, the Interurban Railway Museum, and the historic downtown area, which features charming shops and restaurants. In addition, it's a city known for its thriving arts scene, with many galleries, theaters, and music venues, including the Courtyard Theater and the Plano Symphony Orchestra.

Sports fans can cheer for nearby teams like the Dallas Cowboys (NFL) and the Dallas Mavericks (NBA) play. Outdoor enthusiasts can enjoy the city's many parks and trails, such as the Arbor Hills Nature Preserve, Oak Point Park and Nature Preserve, and the Chisholm Trail. Plano also hosts various events for all tastes, such as the Plano Balloon Festival and the Suburbia Music Festival.

Plano has a high quality of life, excellent schools, a strong economy, low crime rates, and abundant recreational opportunities, making it a great place to live.

Rental Market Trends

Plano, TX

As of July 2025, Plano's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Plano's average rent is 28.9% ($411) higher than the Texas average of $1,424 and 3.4% ($60) higher than the U.S. average of $1,775.

Average Rent
$1,835
Monthly ChangeMonth Over Month Change
Increased2.9% ($52)
Yearly ChangeYear Over Year Change
Increased0.2% ($4)
Avg. Days on MarketAverage Days on Market
51
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,480 Increased4% ($57) Decreased1.5% ($22)
2 Beds $1,933 Increased2.5% ($47) Decreased2.1% ($41)
3 Beds $2,406 Increased2.7% ($64) Decreased4.8% ($120)
Nearby Cities Average Rent Avg. Rent vs. PlanoAverage Rent vs. Plano Avg. Days on MarketAverage Days on Market
Richardson $1,746 Decreased4.9% ($89) 62 days
Allen $1,831 Decreased0.2% ($4) 48 days
Addison $1,625 Decreased11.4% ($210) 47 days
Sachse $1,783 Decreased2.8% ($52) 47 days
Garland $1,484 Decreased19.1% ($351) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Plano Rental Market FAQs

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

The average rent in Plano, TX is $1,835 per month.
Apartments in Plano typically rent for between $1,036 and $3,128 per month, with an average of $1,835 per month.
In Plano, the average rent for a 1-bedroom apartment is $1,480 per month, for a 2-bedroom apartment, $1,933 per month, and a 3-bedroom apartment is $2,406 per month.
The average rent in Plano is 3.4% ($60) higher than the national average of $1,775 per month.
The average rent in Plano has increased by 2.9% ($52) in the last month and increased by 0.2% ($4) over the past year.
The rental market in Plano, TX, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.
In Plano, TX, the average rental stays on the market for approximately 51 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 189 rental properties available in Plano, TX.
Based on the current averages, a household would need an annual income of $77,320 to comfortably afford a 2-bedroom apartment in Plano.
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