Homes & Apartments for Rent in Richardson, TX

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What to Know About

Living in Richardson, TX

Richardson is a vibrant and growing city in the Dallas-Fort Worth metroplex. Visitors can explore the city's museums, such as the Richardson Civic Art Society and Richardson Art Gallery, or visit the Eisemann Center for the Performing Arts, which showcases the works of local artists. In addition, several colleges and universities, including Richland College and the University of Texas at Dallas, also provide students with a quality education. The local economy is diverse, with a mix of high-tech companies, healthcare providers, and retail establishments.

Outdoor enthusiasts can enjoy hiking, biking, or bird watching at Breckinridge Park, the Spring Creek Nature Area, or one of the many parks in Richardson. Sports fans will love being so close to multiple professional teams in the Dallas area, such as the Dallas Cowboys (NFL) and Dallas Stars (NHL). Richardson also has a vibrant calendar of events, including the Wildflower! Arts & Music Festival and the Cottonwood Art Festival. Come for the culture and stay for the community.

With its booming economy, great job opportunities, strong sense of community, convenient location, and high quality of life, Richardson is a great place to call home.

Rental Market Trends

Richardson, TX

As of July 2026, Richardson's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Richardson's average rent is 21.9% ($306) higher than the Texas average of $1,400 and 4.8% ($86) lower than the U.S. average of $1,792.

Average Rent
$1,706
Monthly ChangeMonth Over Month Change
Increased0.5% ($8)
Yearly ChangeYear Over Year Change
Decreased2.3% ($40)
Avg. Days on MarketAverage Days on Market
62
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,433 Increased0.6% ($9) Decreased1.4% ($21)
2 Beds $1,776 Decreased2.4% ($44) Decreased7.5% ($143)
3 Beds $2,307 Increased1.8% ($40) Decreased1.7% ($40)
Nearby Cities Average Rent Avg. Rent vs. RichardsonAverage Rent vs. Richardson Avg. Days on MarketAverage Days on Market
Plano $1,762 Increased3.3% ($56) 51 days
Garland $1,318 Decreased22.7% ($388) 33 days
Addison $1,603 Decreased6% ($103) 47 days
Sachse $1,607 Decreased5.8% ($99) 47 days
Rowlett $1,707 Increased0.1% ($1) 36 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Richardson Rental Market FAQs

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

The average rent in Richardson, TX is $1,706 per month.
Homes in Richardson typically rent for between $1,003 and $2,999 per month, with an average of $1,706 per month.
In Richardson, the average rent for a 1-bedroom home is $1,433 per month, for a 2-bedroom home, $1,776 per month, and a 3-bedroom home is $2,307 per month.
The average rent in Richardson is 4.8% ($86) lower than the national average of $1,792 per month.
The average rent in Richardson has increased by 0.5% ($8) in the last month and decreased by 2.3% ($40) over the past year.
The rental market in Richardson, TX, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.
In Richardson, TX, the average rental stays on the market for approximately 62 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 82 rental properties available in Richardson, TX.
Based on the current averages, a household would need an annual income of $71,040 to comfortably afford a 2-bedroom home in Richardson.
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