City Report · TX

Farmers Branch

Pop. 36,645·138th most expensive in Texas·Rental market data updated monthly for Farmers Branch, TX
Median rent (all units)
$1,648/mo
Year-over-Year
-2.3%
Month-over-Month
-2.1%
vs US Median
-$314
Falling (Monthly)
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Most AffordableMost Expensive
Farmers Branch · $1,648
More affordable than 66% of US cities · National median $1,962/mo
Rent Reality Score
71/100
Good value
OverheatedFairGreat value

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

Actual rent
$1,648/mo
Expected by trend
$1,839/mo
The Rent Reality Score compares today's median rent to where Farmers Branch's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,242
1 BR
$1,307
2 BR
$1,532
3 BR
$1,917
4 BR+
$2,469
Research median
$1,532/mo

Bedroom figures are derived from HUD Fair Market Rents and scaled to match Farmers Branch'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).

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$19,776/yr
At $1,648/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.3% YoY, -2.1% MoM), not inventory.
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Demographics

Who lives here

Farmers Branch, TX is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 52.8% of residents hold a bachelor's degree or higher.

Population
36,645
Median income
$91,186
Median age
33.4
Renters
57.6%
Age distribution
21.8%
30.8%
26.3%
12.1%
Under 1821.8%
18–3430.8%
35–5426.3%
55–649.1%
65+12.1%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
51.4%
40.6%
White51.4%
Black9.2%
Hispanic40.6%
Asian11.1%
Education (25+)
12.4%
12.7%
22%
52.8%
No HS diploma12.4%
HS diploma12.7%
Some college22%
Bachelor's+52.8%
Housing tenure
42.4%
57.6%
Owner42.4%
Renter57.6%

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

2021 vs 2026

How Farmers Branch, TX has changed in 5 years

Rent
$1,465 → $1,648
up 12.5%
Income
$77,306 → $91,186
up 18.0%
Population
36,091 → 36,645
up 1.5%
Renter share
50.1% → 57.6%
+7.5 pts
Bachelor's+
42.8% → 52.8%
+10.0 pts
Median age
34.9 → 33.4
-1.5 yrs

Compared with 2021, rent in Farmers Branch, TX has climbed by $183 per month, settling near $1,648 after starting the period at $1,465. Household income in the area moved from $77,306 to $91,186 across the same window, up 18.0% versus 2021. Income growth outran rent by about 5.5 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 36,091 to 36,645 between 2021 and 2024, a 1.5% change. About 57.6% of households rent today, against 50.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 42.8% to 52.8%. Reading these numbers side by side helps frame whether current listings in Farmers Branch, TX look reasonable against where the market sat half a decade ago.

Community

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View Farmers Branch rent history (2015–2026) →
Salary vs rent

Can you afford rent in Farmers Branch on your salary?

At $1,648/mo, how Farmers Branch rent compares to typical pay (30% rule).

By apartment size

Farmers Branch rent by bedroom count

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

Local insights

Tips for renters in Farmers Branch

About renting in Farmers Branch, TX

Last updated: August 17, 2026

The median rent in Farmers Branch is $1,648/mo as of August 2026. A studio apartment averages $1,242/mo while a 2-bedroom runs $1,532/mo. One-bedroom apartments average $1,307/mo and 3-bedroom units go for $1,917/mo.

At 22% of local median household income ($91,186/yr), Farmers Branch ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.3% over the past year.

FAQ

Frequently asked questions

Is Farmers Branch an affordable city for renters?

Farmers Branch is considered very affordable for renters. At $1,648/mo, rent takes approximately 22% of the local median household income ($91,186/yr). The standard benchmark is 30%. Farmers Branch falls comfortably within that range.

How much income do you need to rent in Farmers Branch?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,648/mo in Farmers Branch. The local median household income is $91,186/yr, meaning the typical Farmers Branch household meets that threshold.

Is rent going up or down in Farmers Branch?

Rent in Farmers Branch has decreased 2.3% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Farmers Branch rent compare to other cities in Texas?

Farmers Branch is middle-of-the-pack for Texas for rent, ranking #138 out of 267 tracked cities at $1,648/mo.

Which nearby cities are cheaper to rent in than Farmers Branch?

Several nearby cities have lower median rents than Farmers Branch ($1,648/mo): Addison ($1,587/mo), Irving ($1,611/mo).

What percentage of Farmers Branch residents rent vs. own?

According to Census data, approximately 57.6% of Farmers Branch households are renters, while 42.4% are owner-occupied. With a majority renter population, Farmers Branch has a strong rental market.

How does Farmers Branch rent compare to the national average?

Farmers Branch's median rent of $1,648/mo is $314 (16%) below the US national median of $1,962/mo. Within Texas, it ranks #138 out of 267 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,648/mo, rent takes ~22% of Farmers Branch's median household income ($91,186/yr). The standard benchmark is 30%.

Farmers Branch 22%Benchmark 30%
State income taxNone
Run the Farmers Branch affordability calculator →
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Neighborhoods

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Public schools near Farmers Branch, TX

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