Legacy West in Plano

Living here

Average rent in Plano

What renters actually pay, by number of bedrooms, and how Plano compares with Texas and the US.

Median rent

$1,792/mo

33% above US

1 bedroom

$1,488/mo

26% above US

2 bedrooms

$1,881/mo

41% above US

Renters paying 30%+ of income

42%

US 50%

Renter households

47,930

Rent by number of bedrooms

Studio$1,489a month26% above USIncome needed: $59,560/yr
1 bedroom$1,488a month26% above USIncome needed: $59,520/yr
2 bedrooms$1,881a month41% above USIncome needed: $75,240/yr
3 bedrooms$2,236a month49% above USIncome needed: $89,440/yr
4 bedrooms$2,852a month53% above USIncome needed: $114,080/yr
5+ bedrooms$2,829a month43% above USIncome needed: $113,160/yr

Median gross rent (contract rent plus utilities) for occupied rental units, by bedrooms. Income needed uses the 30% rule.

How Plano compares

Studio: median rent
  • Plano$1,489
  • Texas$1,149
  • United States$1,185
1 bedroom: median rent
  • Plano$1,488
  • Texas$1,180
  • United States$1,180
2 bedrooms: median rent
  • Plano$1,881
  • Texas$1,327
  • United States$1,338
3 bedrooms: median rent
  • Plano$2,236
  • Texas$1,573
  • United States$1,500

Two-bedroom rent in nearby cities

Median 2-bedroom rent
Renters paying 30%+ of income

Nearby cities are other Local City Network guides in Texas, nearest first.

What rent can you afford?

$

At 30% of income you can spend about $1,881 a month.

  • Studio $1,489
  • 1 bedroom $1,488
  • 2 bedrooms $1,881
  • 3 bedrooms $2,236
  • 4 bedrooms $2,852
  • 5+ bedrooms $2,829

Green means the median Plano rent for that size fits your budget. Landlords often ask for income of 2.5–3× the monthly rent.

How stretched are renters?

42% of Plano renters spend 30% or more of their income on rent, and 19% spend half or more. The typical renter household puts 27.1% of its income toward rent (US: 50% and 25%).

Rent by zip code

Median gross rent for each ZIP Code Tabulation Area that overlaps Plano.

HUD fair market rents

Studio$1,491
1 bedroom$1,536
2 bedrooms$1,807
3 bedrooms$2,275
4 bedrooms$2,892

HUD’s 2027 fair market rents for Dallas, TX HUD Metro FMR Area are the payment benchmarks for housing vouchers (about the 40th percentile of recent movers’ rents), so they often differ from the medians above.

More on living in Plano

Neighborhoods of Plano

Giant Swallowtail, September 29, 2018, Hoblitzelle Park, Plano, Texas
Giant Swallowtail, September 29, 2018, Hoblitzelle Park, Plano, Texasgurdonark · CC BY 2.0
Chicken Cobb Salad - PINSTACK Plano
Chicken Cobb Salad - PINSTACK Plano (2015-04-10 19.42.14 by Nan Palmero)Nan Palmero from San Antonio, TX, USA · CC BY 2.0
Hackberry Emperor, Hoblitzelle Park, Plano, Texas, September 29, 2018
Hackberry Emperor, Hoblitzelle Park, Plano, Texas, September 29, 2018 - 44947947762gurdonark · CC BY 2.0

Questions

What is the average rent in Plano?

The median gross rent (rent plus utilities) is $1,792 a month, 34% above the Texas median and 33% above the national median.

How much is a one-bedroom apartment in Plano?

The median one-bedroom rents for $1,488 a month (US: $1,180).

How much is a two-bedroom in Plano?

The median two-bedroom rents for $1,881 a month (US: $1,338).

How much do you need to make to rent in Plano?

Using the common 30% rule, a median two-bedroom ($1,881) takes a household income of about $75,240 a year, and a one-bedroom about $59,520.

Is rent affordable in Plano?

About 42% of Plano renters spend 30% or more of their income on rent, and 19% spend at least half (US: 50% and 25%).

Source: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates (tables B25031, B25070 and B25071). Estimates have margins of error; figures are in 2023 dollars.

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