City Report · TX

Flower Mound

Pop. 78,389·10th most expensive in Texas·Flower Mound rents are up 6.3% over the past year
Median rent (all units)
$2,431/mo
Year-over-Year
+6.3%
Month-over-Month
+1.1%
vs US Median
+$469
Rising (Monthly)
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Most AffordableMost Expensive
Flower Mound · $2,431
More expensive than 77% of US cities · National median $1,962/mo
Rent Reality Score
50/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Flower Mound's 10-year trend predicts.

Actual rent
$2,431/mo
Expected by trend
$2,428/mo
The Rent Reality Score compares today's median rent to where Flower Mound's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,250
1 BR
$2,360
2 BR
$2,765
3 BR
$3,465
4 BR+
$4,450
Fair Market Rent (HUD)
$2,765/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,431 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$29,172/yr
At $2,431/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.3% YoY, +1.1% MoM), not inventory.
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Demographics

Who lives here

Flower Mound, TX is majority owner-occupied, has a median income above the national average, 65.5% of residents hold a bachelor's degree or higher.

Population
78,389
Median income
$161,235
Median age
43.5
Renters
17.5%
Age distribution
24.7%
14.1%
32.2%
16.4%
12.7%
Under 1824.7%
18–3414.1%
35–5432.2%
55–6416.4%
65+12.7%
Gender
51%
49%
Male51%
Female49%
Race & ethnicity
67.9%
12.8%
14.8%
White67.9%
Black3.4%
Hispanic12.8%
Asian14.8%
Other1.1%
Education (25+)
21.2%
65.5%
No HS diploma2.7%
HS diploma10.6%
Some college21.2%
Bachelor's+65.5%
Housing tenure
82.5%
17.5%
Owner82.5%
Renter17.5%

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

2021 vs 2026

How Flower Mound, TX has changed in 5 years

Rent
$1,816 → $2,431
up 33.9%
Income
$145,153 → $161,235
up 11.1%
Population
75,050 → 78,389
up 4.4%
Renter share
15.5% → 17.5%
+2.0 pts
Bachelor's+
63.3% → 65.5%
+2.2 pts
Median age
41.8 → 43.5
+1.7 yrs

Compared with 2021, rent in Flower Mound, TX has increased by $615 per month, settling near $2,431 after starting the period at $1,816. Household income in the area moved from $145,153 to $161,235 across the same window, up 11.1% versus 2021. Rent outpaced income growth by roughly 22.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 75,050 to 78,389 between 2021 and 2024, a 4.4% change. About 17.5% of households rent today, against 15.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 63.3% to 65.5%. Reading these numbers side by side helps frame whether current listings in Flower Mound, TX look reasonable against where the market sat half a decade ago.

Community

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View Flower Mound rent history (2015–2026) →
Salary vs rent

Can you afford rent in Flower Mound on your salary?

At $2,431/mo, how Flower Mound rent compares to typical pay (30% rule).

By apartment size

Flower Mound rent by bedroom count

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

Local insights

Tips for renters in Flower Mound

About renting in Flower Mound, TX

Last updated: August 17, 2026

The median rent in Flower Mound is $2,431/mo as of August 2026. A studio apartment averages $2,250/mo while a 2-bedroom runs $2,765/mo. One-bedroom apartments average $2,360/mo and 3-bedroom units go for $3,465/mo.

At 18% of local median household income ($161,235/yr), Flower Mound ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

Is Flower Mound an affordable city for renters?

Flower Mound is considered very affordable for renters. At $2,431/mo, rent takes approximately 18% of the local median household income ($161,235/yr). The standard benchmark is 30%. Flower Mound falls comfortably within that range.

How much income do you need to rent in Flower Mound?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (~$47/hour full-time) to afford the median rent of $2,431/mo in Flower Mound. The local median household income is $161,235/yr, meaning the typical Flower Mound household meets that threshold.

Is rent going up or down in Flower Mound?

Rent in Flower Mound has increased 6.3% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Flower Mound neighborhoods have the lowest rent?

The most affordable ZIP codes in Flower Mound are 75028 ($2,422/mo), and 75022 ($2,892/mo). Citywide, the median rent in Flower Mound is $2,431/mo.

How does Flower Mound rent compare to other cities in Texas?

Flower Mound is one of the pricier cities in Texas for rent, ranking #10 out of 267 tracked cities at $2,431/mo.

Which nearby cities are cheaper to rent in than Flower Mound?

Several nearby cities have lower median rents than Flower Mound ($2,431/mo): Lewisville ($1,569/mo), Grapevine ($1,770/mo), Trophy Club ($2,384/mo).

What percentage of Flower Mound residents rent vs. own?

According to Census data, approximately 17.5% of Flower Mound households are renters, while 82.5% are owner-occupied. Flower Mound leans toward homeownership, which can mean a smaller rental inventory.

How does Flower Mound rent compare to the national average?

Flower Mound's median rent of $2,431/mo is $469 (24%) above the US national median of $1,962/mo. Within Texas, it ranks #10 out of 267 tracked cities.
Income Affordability
18%
VERY AFFORDABLE

At $2,431/mo, rent takes ~18% of Flower Mound's median household income ($161,235/yr). The standard benchmark is 30%.

Flower Mound 18%Benchmark 30%
State income taxNone
Run the Flower Mound affordability calculator →
Lowest-rent ZIP codes in Flower Mound
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Flower Mound, TX

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