City Report · TX

Flower Mound

Pop. 78,389·14th most expensive in Texas·Rental market data updated monthly for Flower Mound, TX
Median rent (all units)
$2,298/mo
Year-over-Year
+0.2%
Month-over-Month
-0.8%
vs US Median
+$366
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Flower Mound · $2,298
More expensive than 73% of US cities · National median $1,932/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

Rents are 7% below what Flower Mound's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,298/mo
Expected by trend
$2,472/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 $2,298 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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Flower Mound usually run 1.2% below trend in January and 1.4% above it in July, about $60 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Flower Mound is 1.2% below its high of $2,326 in June 2026, at $2,298 as of September 2026.

Past year vs. the rest of Texas

Rent in Flower Mound changed +0.2% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.

Rent vs. income since 2019

From 2019 to 2024, rent in Flower Mound rose 30.8% while median household income rose 17.4% ($137,285 to $161,235). Rent outpaced income.

Since before the pandemic

Rent in Flower Mound is 29.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($161,235) is $4,031 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,465); a 4-bedroom is $4,450.

Cheaper nearby

Lewisville, 6 miles away, rents for 33% less ($1,538/mo), about $9,100 a year in savings.

From Zillow's monthly rent index (ZORI) for Flower Mound. 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.

Annual cost
$27,576/yr
At $2,298/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 (+0.2% YoY, -0.8% 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
$1,831 → $2,298
up 25.5%
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 $467 per month, settling near $2,298 after starting the period at $1,831. 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 14.4 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 $2,298/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: October 17, 2026

The median rent in Flower Mound is $2,298/mo as of October 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 17% of local median household income ($161,235/yr), Flower Mound ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.2% over the past year.

FAQ

Frequently asked questions

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 $92,000/year (about $44/hour full-time) to afford the median rent of $2,298/mo in Flower Mound. The local median household income is $161,235/yr, so the typical household meets that bar.

Is rent going up or down in Flower Mound?

Rent in Flower Mound has been roughly flat over the past year as of September 2026, a +0.2% change. It sits 1.2% below its high of $2,326 in June 2026.

When is the cheapest time to rent in Flower Mound?

Asking rents in Flower Mound are usually lowest in January, about 1.2% below their yearly trend, and highest in July, about 1.4% above it. At today's median that is a gap of roughly $60 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Flower Mound?

Yes. From 2019 to 2024, rent in Flower Mound rose 30.8% while median household income rose 17.4%, from $137,285 to $161,235. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Flower Mound neighborhoods have the lowest rent?

The most affordable ZIP codes in Flower Mound are 75028 ($2,329/mo), and 75022 ($2,547/mo). Citywide, the median rent is $2,298/mo.

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

Flower Mound is one of the pricier among Texas cities for rent, ranking #14 of 257 tracked cities at $2,298/mo. Over the year to September 2026, rent in Flower Mound changed +0.2%, against a typical +1.0% across the 224 Texas cities Zillow tracks.

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

Nearby cities with lower median rent than Flower Mound ($2,298/mo) include Lewisville ($1,538/mo), and Grapevine ($1,746/mo).
Income Affordability
17%
VERY AFFORDABLE

At $2,298/mo, rent takes ~17% of Flower Mound's median household income ($161,235/yr). The standard benchmark is 30%.

Flower Mound 17%Benchmark 30%
State income taxNone
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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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