How much does it cost to rent in Little Elm, TX?

As of July 2026, the median monthly rent in Little Elm, TX is $2,282. This figure is based on aggregated data from public sources and community-submitted rents.

Is Little Elm cheaper than other Texas cities?

Little Elm is one of the pricier cities in Texas, ranking #16 out of 269 cities tracked at $2,282/mo.

When was Little Elm rent data last updated?

Little Elm 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

Little Elm

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

Pop. 54,820·16th most expensive in Texas·Little Elm rents are up 6.4% over the past year

Median rent (all units)

$2,282/mo

Year-over-Year

+6.4%

Month-over-Month

+2.3%

vs US Median

+$317

Rising (Monthly)

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Most AffordableMost Expensive

Little Elm · $2,282

More expensive than 72% of US cities · National median $1,965/mo

Rent Reality Score

68/100

Good value

OverheatedFairGreat value

Rents are 9% below what Little Elm's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,282/mo

Expected by trend

$2,511/mo

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

Medians by bedroom

Rent by unit size

Studio

$2,140

1 BR

$2,240

2 BR

$2,630

3 BR

$3,300

4 BR+

$4,230

Research median

$2,630/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

$27,384/yr

At $2,282/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.4% YoY, +2.3% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Little Elm, TX is majority owner-occupied, has a large share of families with children, has a median income above the national average, 44.2% of residents hold a bachelor's degree or higher.

Population

54,820

Median income

$119,219

Median age

35.4

Renters

29.9%

Age distribution

28%

21.2%

34.4%

Under 1828%

18–3421.2%

35–5434.4%

55–649%

65+7.5%

Gender

51.4%

48.6%

Male51.4%

Female48.6%

Race & ethnicity

44.5%

21.6%

19.8%

White44.5%

Black21.6%

Hispanic19.8%

Asian11%

Other3.1%

Education (25+)

21.3%

28.2%

44.2%

No HS diploma6.3%

HS diploma21.3%

Some college28.2%

Bachelor's+44.2%

Housing tenure

70.1%

29.9%

Owner70.1%

Renter29.9%

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

2021 vs 2026

How Little Elm, TX has changed in 5 years

Rent

$1,827 → $2,282

up 24.9%

Income

$101,693 → $119,219

up 17.2%

Population

45,124 → 54,820

up 21.5%

Renter share

31.4% → 29.9%

-1.5 pts

Bachelor's+

39.8% → 44.2%

+4.4 pts

Median age

36.2 → 35.4

-0.8 yrs

Compared with 2021, rent in Little Elm, TX has increased by $455 per month, settling near $2,282 after starting the period at $1,827. Local incomes tracked alongside that move, going from a median of $101,693 in 2021 to $119,219 more recently. Rent outpaced income growth by roughly 7.7 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 45,124 to 54,820 between 2021 and 2024, a 21.5% change. About 29.9% of households rent today, against 31.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 39.8% to 44.2%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Little Elm, TX market of 2021.

Community

Discussions about Little Elm

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View Little Elm rent history (2015–2026) →

Salary vs rent

Can you afford rent in Little Elm on your salary?

At $2,282/mo, how Little Elm rent compares to typical pay (30% rule).

Registered Nurse

Avg $93,535/yr · Rent = 29.3% income

affordable

Elementary School Teacher

Avg $66,409/yr · Rent = 41.2% income

rent-burdened

Police Officer

Avg $76,497/yr · Rent = 35.8% income

stretched

Software Developer

Avg $136,729/yr · Rent = 20% income

affordable

Lawyer

Avg $174,705/yr · Rent = 15.7% income

very comfortable

Firefighter

Avg $62,182/yr · Rent = 44% income

rent-burdened

Truck Driver

Avg $56,143/yr · Rent = 48.8% income

rent-burdened

Electrician

Avg $69,201/yr · Rent = 39.6% income

stretched

By apartment size

Little Elm rent by bedroom count

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

Local insights

Tips for renters in Little Elm

About renting in Little Elm, TX

Last updated: July 20, 2026

The median rent in Little Elm is $2,282/mo as of July 2026. A studio apartment averages $2,140/mo while a 2-bedroom runs $2,630/mo. One-bedroom apartments average $2,240/mo and 3-bedroom units go for $3,300/mo.

At 23% of local median household income ($119,219/yr), Little Elm ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

Is Little Elm an affordable city for renters?

Little Elm is considered very affordable for renters. At $2,282/mo, rent takes approximately 23% of the local median household income ($119,219/yr). The standard benchmark is 30%. Little Elm falls comfortably within that range.

How much income do you need to rent in Little Elm?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (~$44/hour full-time) to afford the median rent of $2,282/mo in Little Elm. The local median household income is $119,219/yr, meaning the typical Little Elm household meets that threshold.

Is rent going up or down in Little Elm?

Rent in Little Elm has increased 6.4% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Little Elm rent compare to other cities in Texas?

Little Elm is one of the pricier cities in Texas for rent, ranking #16 out of 269 tracked cities at $2,282/mo.

Which nearby cities are cheaper to rent in than Little Elm?

Several nearby cities have lower median rents than Little Elm ($2,282/mo): Aubrey ($1,795/mo), Corinth ($1,798/mo), Frisco ($1,861/mo).

What percentage of Little Elm residents rent vs. own?

According to Census data, approximately 29.9% of Little Elm households are renters, while 70.1% are owner-occupied. Little Elm leans toward homeownership, which can mean a smaller rental inventory.

How does Little Elm rent compare to the national average?

Little Elm's median rent of $2,282/mo is $317 (16%) above the US national median of $1,965/mo. Within Texas, it ranks #16 out of 269 tracked cities.

Income Affordability

23%

VERY AFFORDABLE

At $2,282/mo, rent takes ~23% of Little Elm's median household income ($119,219/yr). The standard benchmark is 30%.

Little Elm 23%Benchmark 30%

State income taxNone

Run the Little Elm affordability calculator →

Nearby cities