Average Rent in Allen, TX

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Current Versus Historical Allen, TX Rents

Allen rentals average $2,445 for a 3-bedroom rental to $2,900 for a 4-bedroom rental. The median price of all currently available listings is $2,523, or roughly $1 per square feet.

For the apartment units and housing in March 2025, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $1,304 (-30.66%) year-over-year from $4,254 to $2,950. 1-bedroom rentals prices have decreased by $256 (-17.73%) year-over-year from $1,444 to $1,188. 2-bedroom rentals prices have decreased by $317 (-16.57%) year-over-year from $1,912 to $1,595. 3-bedroom rentals prices have decreased by $56 (-2.20%) year-over-year from $2,556 to $2,500. 4-bedroom rentals prices have decreased by $34 (-1.15%) year-over-year from $2,933 to $2,900. 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 2.31% this month. 1-bedroom rents have gone down by 16.86% this month. 2-bedroom rents have gone down by 14.60% this month. 3-bedroom rents have gone up by 4.90% this month. 4-bedroom rents have gone up by 2.96% this month.

Beds	Price / Sqft	Mar 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
3 BR	$1.44	$2,500	$2,556 (-2.20%)	$2,263 (10.46%)
4+ BR	$1.18	$2,900	$2,933 (-1.15%)	$3,006 (-3.54%)

Historical Rents in Allen, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Allen

There are a total of 3 cities nearby Allen. The average rent in Allen is currently $2,568 per month. Our records show that Frisco, TX, with an average rent of $2,550, is the most affordable city nearby. In contrast, the most expensive city near Allen, TX is Plano, TX. Monthly rents here are on average $2,575 per month.

Let's compare Allen, TX's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Allen, TX are about inf% more affordable. Finally, rent for three bedrooms are about 6.34% more affordable. Want more information? Check out the top 3 cities near Allen, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Frisco, TX	N/A	$1,490	$2,244	$2,550
McKinney, TX	$3,000	$1,825	$2,558	$2,568
Plano, TX	N/A	$1,480	$2,367	$2,575

Top Neighborhoods Near Allen

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Allen

The average rent for rentals in these counties is $2,543. That's roughly around $2 per sqft. The county that is the most affordable is Plano, TX. It's average rent per month is $2,535. Vice versa, with an average rent of $2,550, McKinney, TX is the most expensive county by Allen, TX.

Typically, rent for studios in Allen, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Allen, TX is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Allen, TX is inf% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Plano, TX	$1,610	$1,634	$2,447	$2,535
McKinney, TX	$2,900	$1,673	$2,550	$2,550

Top Zipcodes Near Allen

There is one zipcode in or near Allen, TX. The average rent for this zipcode is $2,588.

The following chart includes the zipcode in or near Allen, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
75070, McKinney, TX	$2,900	$1,825	$2,565	$2,588

Frequently Asked Questions - Allen Average Rents

What is the average rent price in Allen, TX?

The average monthly rental price for Allen, TX apartments for rent is approximately $2,523. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Allen, 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 Allen, TX.

How much is a studio apartment in Allen, TX?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Allen.

How much is a one bedroom apartment in Allen, 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 Allen.

How much is a two bedroom apartment in Allen, TX?

The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 two bedroom apartment listings currently available for rent in Allen.

How have rent prices in Allen, TX changed this year?

Rent prices for rentals in Allen, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.31%, one bedroom rental prices have changed by -0.18%, two bedroom rental prices have changed by -0.17%, and three bedroom rental prices have changed by -0.02% year-over-year.

What is a reasonable rent price in Allen, TX?

A reasonable rent price in Allen, TX is around $2,018/month. You can search for these reasonably priced rental listings on RentHop.