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How to Avoid Eviction When You Can't Pay Rent
Act fast to avoid eviction, stay housed, and protect your credit. Learn exactly what to do, from negotiating with your landlord to securing emergency aid.
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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 May 2025, 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 16.8% ($250) higher than the Texas average of $1,484 and 3.3% ($59) lower than the U.S. average of $1,793.
Average Rent
$1,734
Monthly ChangeMonth Over Month Change
0.8% ($13)
Yearly ChangeYear Over Year Change
11.1% ($216)
Avg. Days on MarketAverage Days on Market
62
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,421 | 1.9% ($27) | 9.1% ($142) |
| 2 Beds | $1,852 | 4.6% ($89) | 6.4% ($127) |
| 3 Beds | $2,386 | 0.8% ($20) | 3.6% ($84) |
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 $1,734 per month.
Apartments in Richardson typically rent for between $995 and $3,102 per month, with an average of $1,734 per month.
In Richardson, the average rent for a 1-bedroom apartment is $1,421 per month, for a 2-bedroom apartment, $1,852 per month, and a 3-bedroom apartment is $2,386 per month.
The average rent in Richardson is 3.3% ($59) lower than the national average of $1,793 per month.
The average rent in Richardson has increased by 0.8% ($13) in the last month and decreased by 11.1% ($216) 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 103 rental properties available in Richardson, TX.
Based on the current averages, a household would need an annual income of $74,080 to comfortably afford a 2-bedroom apartment in Richardson.
