Average Rent in 75023, Plano, TX

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Current Versus Historical 75023, Plano, TX Rents

75023 rentals average $2,070 for a studio rental to $2,850 for a 4-bedroom rental. The median price of all currently available listings is $2,513, or roughly $1 per square feet.
For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $1,044 (86.64%) year-over-year from $1,205 to $2,249. 1-bedroom rentals prices have decreased by $677 (-50.09%) year-over-year from $1,352 to $675. 2-bedroom rentals prices have decreased by $154 (-6.95%) year-over-year from $2,219 to $2,065. 3-bedroom rentals prices have decreased by $41 (-1.68%) year-over-year from $2,436 to $2,395. 4-bedroom rentals prices have increased by $195 (7.49%) year-over-year from $2,605 to $2,800. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 26.25% this month. 1-bedroom rents have gone down by 41.46% this month. 2-bedroom rents have gone up by 9.45% this month. 3-bedroom rents have gone up by 1.85% this month. 4-bedroom rents have gone up by 5.69% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $2,249 $1,205 (86.64%) $1,146 (96.19%)
2 BR $1.79 $2,065 $2,219 (-6.95%) $2,118 (-2.48%)
3 BR $1.37 $2,395 $2,436 (-1.68%) $2,237 (7.08%)
4+ BR $1.27 $2,800 $2,605 (7.49%) $2,713 (3.23%)

Historical Rents in 75023, Plano, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 75023

There are a total of 17 cities nearby 75023. The average rent in 75023 is currently $2,500 per month. A total of 11 cities nearby have an average rent lower than that. Our records show that Garland, TX, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near 75023, Plano, TX is Flower Mound, TX. Monthly rents here are on average $3,038 per month.

Let's compare 75023, Plano, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in 75023, Plano, TX is 17.61% more expensive than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in 75023, Plano, TX are about 1.52% more expensive. Finally, rent for three bedrooms are about 1.15% more affordable. Want more information? Check out the top 10 cities out of 17 total cities near 75023, Plano, TX in the following chart.
City Studio 1 Bed 2 Bed All
Garland, TX $948 $1,373 $1,598 $2,000
Rowlett, TX $1,450 N/A $1,613 $2,300
The Colony, TX $463 N/A $1,600 $2,400
Wylie, TX $1,011 N/A N/A $2,497
McKinney, TX $991 $2,100 $2,045 $2,499
Allen, TX $3,000 $1,360 $1,665 $2,500
Richardson, TX $3,855 $1,570 $1,990 $2,500
Carrollton, TX $3,050 $1,445 $2,200 $2,600
Plano, TX $2,700 $1,318 $2,065 $2,700
Frisco, TX $2,985 $1,656 $2,185 $2,900

Top Neighborhoods Near 75023

There are a total of 1 neighborhoods in or near 75023. We've included all of these top 1 neighborhoods in or near 75023, Plano, TX in the following chart.

The average rent for these 1 neighborhoods in or near 75023, Plano, TX is currently around $1,698 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near 75023, Lake Highlands has the most affordable average rent at $1,698 per month. Whereas, at $1,698 average rent per month, Lake Highlands is the most expensive neighborhood in or near 75023. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Lake Highlands, Dallas, TX $24 $950 $1,600 $1,698

Top Counties Near 75023

There are a total of 1 counties located by 75023, Plano, TX. Some of these counties include Princeton, TX, Nevada, TX, and Northwest Rockwall, Rockwall, TX. The average rent for rentals in these counties is $2,548. That's roughly around $1 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Princeton, TX. It's average rent per month is $2,050. Vice versa, with an average rent of $2,850, The Colony, TX is the most expensive county by 75023, Plano, TX.

Typically, rent for studios in 75023, Plano, TX is 24.43% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 75023, Plano, TX is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 75023, Plano, TX is 4.82% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Princeton, TX $1,200 N/A $1,675 $2,050
Nevada, TX $2,550 N/A N/A $2,350
Northwest Rockwall, Rockwall, TX $3,768 N/A $2,450 $2,500
Lewisville-Flower Mound, TX $2,850 $1,229 $2,225 $2,500
McKinney, TX $1,860 $1,663 $2,126 $2,595
Plano, TX $2,000 $1,370 $1,990 $2,650
Carrollton, Lewisville, TX $2,600 $1,640 $2,300 $2,730
The Colony, TX $2,830 N/A $2,025 $2,850

Top Zipcodes Near 75023

There are a total of 20 zipcodes in or near 75023, Plano, TX. The average rent for all of these zipcodes is $2,550. A total of 7 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75243, Dallas, TX at $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,125 per month is 75024, Plano, TX.

Studios in these zipcodes have an average rent of $2,050. That's at least $0 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 75023, Plano, TX is $1,314 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,141 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 75023, Plano, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75070, McKinney, TX $2,500 $2,100 $2,098 $2,540
75034, Frisco, TX $2,985 $1,663 $2,185 $2,900
75035, Frisco, TX $2,000 $1,531 $2,188 $2,800
75098, Wylie, TX $2,000 N/A N/A $2,550
75243, Dallas, TX $7,100 $950 $1,500 $1,500
75056, Lewisville, TX $25 $1,535 $1,968 $2,550
75024, Plano, TX $2,100 N/A $2,300 $3,125
75074, Plano, TX $4,500 N/A $1,700 $2,250
75080, Richardson, TX $3,425 $1,570 $1,773 $2,500
76051, Grapevine, TX $1,275 $1,630 $1,895 $2,550

Frequently Asked Questions - 75023 Average Rents

What is the average rent price in 75023, Plano, TX?
The average monthly rental price for 75023, Plano, TX apartments for rent is approximately $2,513. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 75023, Plano, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 75023, Plano, TX.
How much is a studio apartment in 75023, Plano, TX?
The average monthly rental price for studio apartments is $2,070 and an average price per square feet of $0. There are a total of 2 studio apartment listings currently available for rent in 75023.
How much is a one bedroom apartment in 75023, Plano, TX?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in 75023.
How much is a two bedroom apartment in 75023, Plano, TX?
The average monthly rental price for two bedroom apartments is $1,980 and an average price per square feet of $1.79. There are a total of 4 two bedroom apartment listings currently available for rent in 75023.
How have rent prices in 75023, Plano, TX changed this year?
Rent prices for rentals in 75023, Plano, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.87%, one bedroom rental prices have changed by -0.50%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in 75023, Plano, TX?
A reasonable rent price in 75023, Plano, TX is around $2,010/month. You can search for these reasonably priced rental listings on RentHop.
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