Apartments & Condos 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 April 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 17.4% ($263) higher than the Texas average of $1,515 and 1.2% ($21) lower than the U.S. average of $1,799.

Average Rent
$1,778
Monthly ChangeMonth Over Month Change
Increased0.6% ($10)
Yearly ChangeYear Over Year Change
Decreased7.7% ($148)
Avg. Days on MarketAverage Days on Market
51
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,478 Decreased1.8% ($27) Decreased4.5% ($69)
2 Beds $1,948 Decreased1.3% ($25) Decreased1.8% ($36)
3 Beds $2,389 Increased0.4% ($10) Decreased7.5% ($194)
Nearby Cities Average Rent Avg. Rent vs. PlanoAverage Rent vs. Plano Avg. Days on MarketAverage Days on Market
Richardson $1,721 Decreased3.2% ($57) 62 days
Allen $1,737 Decreased2.3% ($41) 48 days
Addison $1,700 Decreased4.4% ($78) 47 days
Sachse $1,909 Increased7.4% ($131) 47 days
Garland $1,576 Decreased11.4% ($202) 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 $1,778 per month.
Apartments in Plano typically rent for between $1,035 and $3,106 per month, with an average of $1,778 per month.
In Plano, the average rent for a 1-bedroom apartment is $1,478 per month, for a 2-bedroom apartment, $1,948 per month, and a 3-bedroom apartment is $2,389 per month.
The average rent in Plano is 1.2% ($21) lower than the national average of $1,799 per month.
The average rent in Plano has increased by 0.6% ($10) in the last month and decreased by 7.7% ($148) 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 228 rental properties available in Plano, TX.
Based on the current averages, a household would need an annual income of $77,920 to comfortably afford a 2-bedroom apartment in Plano.
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