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 $2,373 for a 4-bedroom rental. The median price of all currently available listings is $1,700, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have risen over the last year. Studio rentals prices have increased by $83 (4.46%) year-over-year from $1,867 to $1,950. 1-bedroom rentals prices have increased by $63 (5.62%) year-over-year from $1,113 to $1,175. 2-bedroom rentals prices have increased by $31 (2.40%) year-over-year from $1,270 to $1,300. 3-bedroom rentals prices have increased by $1 (0.05%) year-over-year from $1,624 to $1,625. 4-bedroom rentals prices have increased by $122 (5.46%) year-over-year from $2,228 to $2,350. 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 6.85% this month. 1-bedroom rents have gone up by 7.88% this month. 2-bedroom rents have gone up by 1.96% this month. 3-bedroom rents have gone up by 2.63% this month. 4-bedroom rents have gone up by 5.30% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.95 $1,950 $1,867 (4.46%) $613 (218.19%)
1 BR $1.64 $1,175 $1,113 (5.62%) $500 (135.00%)
2 BR $1.29 $1,300 $1,270 (2.40%) $1,212 (7.23%)
3 BR $1.24 $1,625 $1,624 (0.05%) $1,438 (13.04%)
4+ BR $1.12 $2,350 $2,228 (5.46%) $1,965 (19.59%)

Historical Rents in Grayson, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Grayson

There are a total of 29 cities nearby Grayson. The average rent in Grayson is currently $2,400 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 $1,497, 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 $5,250 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 13.75% more expensive than other cities nearby. One bedrooms are about 4.17% more affordable. Two bedrooms in Grayson, TX are about 30.27% more affordable. Finally, rent for three bedrooms are about 35.95% more affordable. Want more information? Check out the top 10 cities out of 29 total cities near Grayson, TX in the following chart.
City Studio 1 Bed 2 Bed All
Denison, TX $2,500 $1,050 $1,250 $1,497
Sherman, TX $2,000 $1,250 $1,325 $1,660
Princeton, TX N/A N/A $1,650 $2,000
Denton, TX $1,675 $1,340 $1,700 $2,067
Anna, TX N/A N/A N/A $2,193
The Colony, TX $463 N/A $1,600 $2,300
Little Elm, TX $2,650 N/A N/A $2,400
McKinney, TX $1,099 $2,100 $1,948 $2,495
Allen, TX $2,850 $1,360 $1,700 $2,600
Frisco, TX $3,028 $1,660 $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 $2,225 per month. A total of one neighborhood has a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,225. Interestingly, the neighborhoods' average rent is higher than Grayson's average rent, which is only $1,700. Out of all the neighborhoods in or near Grayson, Old East Dallas has the most affordable average rent at $1,325 per month. Whereas, at $3,501 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 $2,050 $1,198 $1,498 $1,325
Lake Highlands, Dallas, TX $24 $995 $1,595 $1,750
North Oaklawn, Dallas, TX N/A $1,250 $2,800 $2,699
Oak Lawn, Dallas, TX $1,422 $2,223 $4,050 $3,501

Top Counties Near Grayson

There are a total of 4 counties located by Grayson, TX. Some of these counties include East Grayson, TX, Northwest Grayson, TX, and Denton, TX. The average rent for rentals in these counties is $2,300. 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 $1,675. Vice versa, with an average rent of $2,900, The Colony, TX is the most expensive county by Grayson, TX.

Typically, rent for studios in Grayson, TX is 0.56% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Grayson, TX is 6.75% more affordable than other counties nearby. Finally, rent for two bedrooms in Grayson, TX is 50.38% 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 $2,073 $1,175 $1,300 $1,675
Northwest Grayson, TX $1,025 N/A $1,575 $1,900
Denton, TX $1,150 $1,425 $1,600 $1,998
Princeton, TX $2,214 N/A $1,750 $2,050
Anna, TX $2,900 $1,725 $2,456 $2,300
Pilot Point-Aubrey, TX $2,700 $1,275 $2,156 $2,495
McKinney, TX $1,885 $1,705 $2,100 $2,599
Plano, TX $1,800 $1,375 $1,900 $2,650
Celina, TX $3,500 $1,588 $2,096 $2,900
The Colony, TX $2,990 N/A $2,025 $2,900

Top Zipcodes Near Grayson

There are a total of 37 zipcodes in or near Grayson, TX. The average rent for all of these zipcodes is $2,425. A total of 4 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 $3,300 per month is 75063, Irving, TX.

Studios in these zipcodes have an average rent of $1,836. 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 $1,160 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,905 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 $1,976 $1,995 $2,100 $2,500
75034, Frisco, TX $3,028 $1,665 $2,398 $2,995
75219, Dallas, TX $920 $1,399 $2,523 $2,500
75035, Frisco, TX $2,000 $1,460 $2,177 $2,850
76179, Fort Worth, TX N/A N/A $1,798 $2,183
75204, Dallas, TX $1,836 $1,492 $3,200 $3,000
75206, Dallas, TX $1,243 $1,300 $2,575 $2,275
76244, Fort Worth, TX $2,000 N/A $1,905 $2,350
75098, Wylie, TX $1,750 N/A $1,838 $2,500
75214, Dallas, TX $2,100 $1,350 $2,300 $1,973

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 $1,700. 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 81 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 $1,200 and an average price per square feet of $1.64. There are a total of 13 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 $1,305 and an average price per square feet of $1.29. There are a total of 47 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 0.04%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in Grayson, TX?
A reasonable rent price in Grayson, TX is around $1,360/month. You can search for these reasonably priced rental listings on RentHop.
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