Richardson, TX Rental Market Trends
Last updated: November 01, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Richardson is $1,698, a 2.86% decrease compared to the previous year, when the average rent was $1,748.
Studio Apartments at $1,275 offer the most budget-friendly option with 578 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 745 square feet for $1,446, balancing privacy and affordability.
Two-beedroom units at $1,883 offer 1,081 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,367 sq ft) for $2,224, suitable for larger households.
Average rent in Richardson, TX
Last updated: November 01, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,698 | 924 sq. ft. |
| Studio | $1,275 | 578 sq. ft. |
| 1 Bed | $1,446 | 745 sq. ft. |
| 2 Beds | $1,883 | 1,081 sq. ft. |
| 3 Beds | $2,224 | 1,367 sq. ft. |
Richardson, TX rent trends
Rental prices in Richardson, TX have decreased by 2.86% over the past year. The average rent moved from $1,748 to $1,698.
What's the typical rent budget in Richardson, TX?
The largest share of rentals in Richardson, TX (44%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Richardson, TX?
22,340 or 49% of the households in Richardson, TX are renter-occupied while 23,104 or 51% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Richardson apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.