Rents are 10% below what Plano's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom figures are derived from HUD Fair Market Rents and scaled to match Plano'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).
12-month history
Last updated: August 17, 2026
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Who lives here
Plano, TX is majority owner-occupied, has a median income above the national average, 60.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Plano, TX has changed in 5 years
Five years ago, renters in Plano, TX paid around $1,395 a month. That figure now sits near $1,722, up 23.4% from the 2021 baseline. Census figures show median household income at $112,253 today, compared with $99,729 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Plano, TX adding about 8,413 residents over the five-year window, up 3.0% on net. Bachelor's-degree-or-higher attainment moved from 58.1% to 60.5% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
Discussions about Plano
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Can you afford rent in Plano on your salary?
At $1,722/mo, how Plano rent compares to typical pay (30% rule).
Plano rent by bedroom count
Median rent for each apartment size in Plano. Click any size for full breakdown.
Tips for renters in Plano
Last updated: August 17, 2026
The median rent in Plano is $1,722/mo as of August 2026. A studio apartment averages $1,301/mo while a 2-bedroom runs $1,600/mo. One-bedroom apartments average $1,364/mo and 3-bedroom units go for $2,006/mo.
At 18% of local median household income ($112,253/yr), Plano ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.
Frequently asked questions
Is Plano an affordable city for renters?
How much income do you need to rent in Plano?
Is rent going up or down in Plano?
Which Plano neighborhoods have the lowest rent?
How does Plano rent compare to other cities in Texas?
Which nearby cities are cheaper to rent in than Plano?
What percentage of Plano residents rent vs. own?
How does Plano rent compare to the national average?
At $1,722/mo, rent takes ~18% of Plano's median household income ($112,253/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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