Rents are 9% below what Addison's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: July 20, 2026
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Who lives here
Addison, TX is majority renter-occupied, skews toward younger working-age adults, 63.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Addison, TX has changed in 5 years
Five years ago, renters in Addison, TX paid around $1,342 a month. That figure now sits near $1,571, up 17.1% from the 2021 baseline. Median household income declined from $74,012 to $73,854 between 2021 and 2024, a 0.2% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Addison, TX adding about 885 residents over the five-year window, up 5.4% on net. Bachelor's-degree-or-higher attainment moved from 57.9% to 63.8% across the same window. Taken together, the five-year picture in Addison, TX reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Addison on your salary?
At $1,571/mo, how Addison rent compares to typical pay (30% rule).
Addison rent by bedroom count
Median rent for each apartment size in Addison. Click any size for full breakdown.
Tips for renters in Addison
Last updated: July 20, 2026
The median rent in Addison is $1,571/mo as of July 2026. A studio apartment averages $1,187/mo while a 2-bedroom runs $1,459/mo. One-bedroom apartments average $1,246/mo and 3-bedroom units go for $1,831/mo.
At 26% of local median household income ($73,854/yr), Addison ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.
Frequently asked questions
Is Addison an affordable city for renters?
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How does Addison rent compare to the national average?
At $1,571/mo, rent takes ~26% of Addison's median household income ($73,854/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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