Rents are 8% below what Addison's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom figures are derived from HUD Fair Market Rents and scaled to match Addison's market median, because the published HUD values all ran above it. They are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in Addison usually run 0.7% below trend in January and 0.7% above it in August, about $22 a month apart at today's median. Based on 8 years of data.
Rent in Addison is 1.1% below its high of $1,608 in May 2022, at $1,591 as of September 2026.
Rent in Addison changed +2.0% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.
From 2019 to 2024, rent in Addison rose 19.6% while median household income rose -1.5% ($74,986 to $73,854). Rent outpaced income.
Rent in Addison is 21.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($73,854) is $1,846 a month. That is less than HUD's Fair Market Rent for a studio ($2,010).
Bedford, 19 miles away, rents for 16% less ($1,340/mo), about $3,000 a year in savings.
From Zillow's monthly rent index (ZORI) for Addison. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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 $1,341 a month. That figure now sits near $1,591, up 18.6% 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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At $1,591/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: October 17, 2026
The median rent in Addison is $1,591/mo as of October 2026. A studio apartment averages $1,202/mo while a 2-bedroom runs $1,477/mo. One-bedroom apartments average $1,262/mo and 3-bedroom units go for $1,854/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 2.0% over the past year.
Frequently asked questions
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How does Addison rent compare to other cities in Texas?
At $1,591/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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