How much does it cost to rent in Allen, TX?

As of July 2026, the median monthly rent in Allen, TX is $1,678. This figure is based on aggregated data from public sources and community-submitted rents.

Is Allen cheaper than other Texas cities?

Allen falls in the middle range for Texas, ranking #128 out of 269 cities at $1,678/mo.

When was Allen rent data last updated?

Allen rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · TX

Allen

Name: Average Rent Prices in Allen, TX
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 110,265·128th most expensive in Texas·Rental market data updated monthly for Allen, TX

Median rent (all units)

$1,678/mo

Year-over-Year

-0.7%

Month-over-Month

-0.5%

vs US Median

-$287

Falling (Monthly)

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Most AffordableMost Expensive

Allen · $1,678

More affordable than 63% of US cities · National median $1,965/mo

Rent Reality Score

74/100

Good value

OverheatedFairGreat value

Rents are 12% below what Allen's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,678/mo

Expected by trend

$1,906/mo

The Rent Reality Score compares today's median rent to where Allen's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,266

1 BR

$1,330

2 BR

$1,559

3 BR

$1,955

4 BR+

$2,509

Research median

$1,559/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$20,136/yr

At $1,678/mo median

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (-0.7% YoY, -0.5% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Allen, TX is majority owner-occupied, has a large share of families with children, has a median income above the national average, 57.5% of residents hold a bachelor's degree or higher.

Population

110,265

Median income

$130,901

Median age

38.4

Renters

30.6%

Age distribution

25.4%

20%

31.4%

Under 1825.4%

18–3420%

35–5431.4%

55–6411.8%

65+11.4%

Gender

49.1%

50.9%

Male49.1%

Female50.9%

Race & ethnicity

50.5%

12.2%

12.6%

21.1%

White50.5%

Black12.2%

Hispanic12.6%

Asian21.1%

Other3.7%

Education (25+)

12.8%

25.6%

57.5%

No HS diploma4.2%

HS diploma12.8%

Some college25.6%

Bachelor's+57.5%

Housing tenure

69.4%

30.6%

Owner69.4%

Renter30.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Allen, TX has changed in 5 years

Rent

$1,395 → $1,678

up 20.3%

Income

$118,254 → $130,901

up 10.7%

Population

102,778 → 110,265

up 7.3%

Renter share

27.7% → 30.6%

+2.9 pts

Bachelor's+

54.6% → 57.5%

+2.9 pts

Median age

37.7 → 38.4

+0.7 yrs

Since 2021, the typical rent in Allen, TX has increased from $1,395 to $1,678, a 20.3% change over five years. On the earnings side, the typical household in Allen, TX now reports about $130,901, up from $118,254 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 7.3% since 2021, moving from about 102,778 residents to roughly 110,265. Renters now make up 30.6% of households, compared with 27.7% five years ago. College-educated residents now make up 57.5% of adults here, versus 54.6% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Allen, TX reflects that arc in its own way.

Community

Discussions about Allen

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View Allen rent history (2015–2026) →

Salary vs rent

Can you afford rent in Allen on your salary?

At $1,678/mo, how Allen rent compares to typical pay (30% rule).

Registered Nurse

Avg $93,535/yr · Rent = 21.5% income

affordable

Elementary School Teacher

Avg $66,409/yr · Rent = 30.3% income

stretched

Police Officer

Avg $76,497/yr · Rent = 26.3% income

affordable

Software Developer

Avg $136,729/yr · Rent = 14.7% income

very comfortable

Lawyer

Avg $174,705/yr · Rent = 11.5% income

very comfortable

Firefighter

Avg $62,182/yr · Rent = 32.4% income

stretched

Truck Driver

Avg $56,143/yr · Rent = 35.9% income

stretched

Electrician

Avg $69,201/yr · Rent = 29.1% income

affordable

By apartment size

Allen rent by bedroom count

Median rent for each apartment size in Allen. Click any size for full breakdown.

Local insights

Tips for renters in Allen

About renting in Allen, TX

Last updated: July 20, 2026

The median rent in Allen is $1,678/mo as of July 2026. A studio apartment averages $1,266/mo while a 2-bedroom runs $1,559/mo. One-bedroom apartments average $1,330/mo and 3-bedroom units go for $1,955/mo.

At 15% of local median household income ($130,901/yr), Allen ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.7% over the past year.

FAQ

Frequently asked questions

Is Allen an affordable city for renters?

Allen is considered very affordable for renters. At $1,678/mo, rent takes approximately 15% of the local median household income ($130,901/yr). The standard benchmark is 30%. Allen falls comfortably within that range.

How much income do you need to rent in Allen?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,678/mo in Allen. The local median household income is $130,901/yr, meaning the typical Allen household meets that threshold.

Is rent going up or down in Allen?

Rent in Allen has decreased 0.7% over the past year as of July 2026, offering some relief compared to 12 months ago.

Which Allen neighborhoods have the lowest rent?

The most affordable ZIP codes in Allen are 75013 ($1,595/mo), and 75002 ($2,254/mo). Citywide, the median rent in Allen is $1,678/mo.

How does Allen rent compare to other cities in Texas?

Allen is middle-of-the-pack for Texas for rent, ranking #128 out of 269 tracked cities at $1,678/mo.

Which nearby cities are cheaper to rent in than Allen?

Several nearby cities have lower median rents than Allen ($1,678/mo): Fairview ($1,662/mo), Richardson ($1,675/mo).

What percentage of Allen residents rent vs. own?

According to Census data, approximately 30.6% of Allen households are renters, while 69.4% are owner-occupied. Allen leans toward homeownership, which can mean a smaller rental inventory.