Average Rent in Grayson, TX

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Current Versus Historical Grayson, TX Rents

Grayson rentals average $2,000 for a studio rental to $2,350 for a 4-bedroom rental. The median price of all currently available listings is $1,799, or roughly $1 per square feet.
For the apartment units and housing in February 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $1,605 (179.33%) year-over-year from $895 to $2,500. 1-bedroom rentals prices have increased by $147 (15.07%) year-over-year from $973 to $1,120. 2-bedroom rentals prices have increased by $101 (8.40%) year-over-year from $1,198 to $1,299. 3-bedroom rentals prices have increased by $103 (6.49%) year-over-year from $1,592 to $1,695. 4-bedroom rentals prices have increased by $179 (8.44%) year-over-year from $2,116 to $2,295. 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 11.94% this month. 1-bedroom rents have gone down by 3.03% this month. 2-bedroom rents have gone up by 1.38% this month. 3-bedroom rents have gone up by 4.95% this month. 4-bedroom rents have gone up by 2.88% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.95 $2,500 $895 (179.33%) $622 (301.93%)
1 BR $1.64 $1,120 $973 (15.07%) $825 (35.76%)
2 BR $1.38 $1,299 $1,198 (8.40%) $1,182 (9.93%)
3 BR $1.24 $1,695 $1,592 (6.49%) $1,540 (10.08%)
4+ BR $1.12 $2,295 $2,116 (8.44%) $2,000 (14.75%)

Historical Rents in Grayson, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Grayson

There are a total of 28 cities nearby Grayson. The average rent in Grayson is currently $2,363 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Denison, TX, with an average rent of $1,525, is the most affordable city nearby. In contrast, the most expensive city near Grayson, TX is University Park, TX. Monthly rents here are on average $6,675 per month.

Let's compare Grayson, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Grayson, TX is 21.30% more expensive than other cities nearby. One bedrooms are about 15.40% more affordable. Two bedrooms in Grayson, TX are about 34.72% more affordable. Finally, rent for three bedrooms are about 35.15% more affordable. Want more information? Check out the top 10 cities out of 28 total cities near Grayson, TX in the following chart.
City Studio 1 Bed 2 Bed All
Denison, TX $2,450 $1,150 $1,275 $1,525
Sherman, TX $1,875 $1,120 $1,245 $1,750
Princeton, TX $27 N/A $1,525 $2,000
Denton, TX $1,450 $989 $1,650 $2,025
Anna, TX N/A N/A N/A $2,195
Melissa, TX N/A $1,335 $1,750 $2,300
Little Elm, TX $2,675 N/A N/A $2,350
McKinney, TX $1,275 $1,880 $2,271 $2,500
Allen, TX $3,000 $1,360 $1,595 $2,600
Frisco, TX $2,779 $1,626 $2,395 $2,950

Top Neighborhoods Near Grayson

There are a total of 4 neighborhoods in or near Grayson. Some of these neighborhoods include Old East Dallas, Lake Highlands, and North Oaklawn. We've included all of these top 4 neighborhoods in or near Grayson, TX in the following chart.

The average rent for these 4 neighborhoods in or near Grayson, TX is currently around $2,122 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $2,122. Interestingly, the neighborhoods' average rent is higher than Grayson's average rent, which is only $1,799. Out of all the neighborhoods in or near Grayson, Old East Dallas has the most affordable average rent at $1,295 per month. Whereas, at $3,088 average rent per month, Oak Lawn is the most expensive neighborhood in or near Grayson. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Old East Dallas, Dallas, TX $1,038 $1,200 $1,595 $1,295
Lake Highlands, Dallas, TX $24 $1,050 $1,625 $1,695
North Oaklawn, Dallas, TX N/A $1,450 $2,605 $2,550
Oak Lawn, Dallas, TX $1,869 $2,200 $4,350 $3,088

Top Counties Near Grayson

There are a total of 4 counties located by Grayson, TX. Some of these counties include East Grayson, TX, Denton, TX, and Princeton, TX. The average rent for rentals in these counties is $2,448. That's roughly around $1 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is East Grayson, TX. It's average rent per month is $1,700. Vice versa, with an average rent of $2,900, Celina, TX is the most expensive county by Grayson, TX.

Typically, rent for studios in Grayson, TX is on par with the other counties nearby. In comparison, rent for one bedroom listings in Grayson, TX is 23.21% more affordable than other counties nearby. Finally, rent for two bedrooms in Grayson, TX is 39.99% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
East Grayson, TX $2,000 $1,120 $1,263 $1,700
Denton, TX $1,273 $989 $1,600 $1,950
Princeton, TX $23 N/A $1,525 $2,035
Northwest Grayson, TX $1,700 $1,450 $4,500 $2,200
Anna, TX $1,258 $1,373 $1,838 $2,300
Pilot Point-Aubrey, TX $2,675 $1,388 $1,400 $2,499
McKinney, TX $1,785 $1,640 $2,284 $2,595
Plano, TX $2,100 $1,400 $2,184 $2,650
The Colony, TX $2,725 N/A $1,948 $2,765
Celina, TX $3,500 $1,395 $1,425 $2,900

Top Zipcodes Near Grayson

There are a total of 30 zipcodes in or near Grayson, TX. The average rent for all of these zipcodes is $2,450. A total of 2 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 $1,513 per month. In comparison, the zipcode with the most expensive average rent of $3,495 per month is 75230, Dallas, TX.

Studios in these zipcodes have an average rent of $1,809. That's at least $1 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Grayson, TX is $1,237 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,030 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Grayson, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75070, McKinney, TX $2,950 $1,910 $2,395 $2,600
75034, Frisco, TX $2,779 $1,640 $2,445 $2,900
75219, Dallas, TX $1,750 $1,550 $2,525 $2,350
75035, Frisco, TX $1,897 $1,519 $2,276 $2,800
76179, Fort Worth, TX N/A N/A $1,750 $2,249
75204, Dallas, TX $1,176 $1,283 $3,300 $3,200
75206, Dallas, TX $1,243 $1,211 $2,800 $2,251
76244, Fort Worth, TX $1,875 N/A $1,918 $2,283
75098, Wylie, TX $2,950 N/A N/A $2,450
75214, Dallas, TX N/A $1,295 $2,225 $2,048

Frequently Asked Questions - Grayson Average Rents

What is the average rent price in Grayson, TX?
The average monthly rental price for Grayson, TX apartments for rent is approximately $1,799. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Grayson, 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 Grayson, TX.
How much is a studio apartment in Grayson, TX?
The average monthly rental price for studio apartments is $2,000 and an average price per square feet of $0.95. There are a total of 78 studio apartment listings currently available for rent in Grayson.
How much is a one bedroom apartment in Grayson, TX?
The average monthly rental price for one bedroom apartments is $1,120 and an average price per square feet of $1.64. There are a total of 17 one bedroom apartment listings currently available for rent in Grayson.
How much is a two bedroom apartment in Grayson, TX?
The average monthly rental price for two bedroom apartments is $1,299 and an average price per square feet of $1.38. There are a total of 53 two bedroom apartment listings currently available for rent in Grayson.
How have rent prices in Grayson, TX changed this year?
Rent prices for rentals in Grayson, TX can fluctuate yearly. Specifically, studio rental prices have changed by 1.79%, one bedroom rental prices have changed by 0.15%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Grayson, TX?
A reasonable rent price in Grayson, TX is around $1,439/month. You can search for these reasonably priced rental listings on RentHop.
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