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 June 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 20.6% ($290) higher than the Texas average of $1,408 and 5.5% ($99) lower than the U.S. average of $1,797.

Average Rent
$1,698
Monthly ChangeMonth Over Month Change
Increased0.5% ($8)
Yearly ChangeYear Over Year Change
Decreased2.8% ($49)
Avg. Days on MarketAverage Days on Market
62
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,424 Increased0.3% ($4) Increased0.6% ($8)
2 Beds $1,820 No change Decreased1.9% ($35)
3 Beds $2,267 Increased0.9% ($21) Decreased3.9% ($93)
Nearby Cities Average Rent Avg. Rent vs. RichardsonAverage Rent vs. Richardson Avg. Days on MarketAverage Days on Market
Plano $1,773 Increased4.4% ($75) 51 days
Garland $1,328 Decreased21.8% ($370) 33 days
Addison $1,599 Decreased5.8% ($99) 47 days
Sachse $1,641 Decreased3.4% ($57) 47 days
Rowlett $1,743 Increased2.7% ($45) 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 $1,698 per month.
Apartments in Richardson typically rent for between $997 and $2,947 per month, with an average of $1,698 per month.
In Richardson, the average rent for a 1-bedroom apartment is $1,424 per month, for a 2-bedroom apartment, $1,820 per month, and a 3-bedroom apartment is $2,267 per month.
The average rent in Richardson is 5.5% ($99) lower than the national average of $1,797 per month.
The average rent in Richardson has increased by 0.5% ($8) in the last month and decreased by 2.8% ($49) 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 $72,800 to comfortably afford a 2-bedroom apartment in Richardson.
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