ZIP Code · TX

ZIP 75002

Part of Allen, TX
Pop. 75,057·Collin County·36th most expensive ZIP in Texas
Median rent (all units)
$2,254/mo
Year-over-Year
+10.9%
Month-over-Month
-1.1%
vs US Median
+$289
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 75002 · $2,254
More expensive than 71% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,040
1 BR
$2,130
2 BR
$2,490
3 BR
$3,140
4 BR+
$3,990
Research median
$2,490/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$27,048/yr
At $2,254/mo median
Location
CityAllen
StateTX
CountyCollin County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.9% YoY, -1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 75002 (Allen, TX) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 52.4% of residents hold a bachelor's degree or higher.

Population
75,057
Median income
$137,037
Median age
39.5
Renters
21.6%
Age distribution
25.8%
19.1%
30%
13%
12.2%
Under 1825.8%
18–3419.1%
35–5430%
55–6413%
65+12.2%
Gender
51.4%
48.6%
Male51.4%
Female48.6%
Race & ethnicity
56.8%
14.2%
13.2%
White56.8%
Black14.2%
Hispanic13.2%
Asian12%
Other3.8%
Education (25+)
14.3%
27.7%
52.4%
No HS diploma5.6%
HS diploma14.3%
Some college27.7%
Bachelor's+52.4%
Housing tenure
78.4%
21.6%
Owner78.4%
Renter21.6%

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

2021 vs 2026

How ZIP 75002 in Allen, TX has changed in 5 years

Rent
$1,656 → $2,254
up 36.1%
Income
$110,796 → $137,037
up 23.7%
Population
71,102 → 75,057
up 5.6%
Renter share
20.3% → 21.6%
+1.3 pts
Bachelor's+
51.2% → 52.4%
+1.2 pts

Compared with 2021, rent in ZIP 75002 in Allen, TX has climbed by $598 per month, settling near $2,254 after starting the period at $1,656. On the earnings side, the typical household in ZIP 75002 in Allen, TX now reports about $137,037, up from $110,796 in 2021. Rent outpaced income growth by roughly 12.4 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 71,102 to 75,057 between 2021 and 2024, a 5.6% change. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 75002 in Allen, TX reflects that arc in its own way.

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Local insights

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About renting in ZIP 75002

Last updated: July 20, 2026

ZIP code 75002 covers Allen, TX. The median rent here is $2,254/mo as of July 2026. A 1-bedroom rents for a median of $2,130/mo. A 2-bedroom rents for a median of $2,490/mo.

At 20% of local median household income ($137,037/yr), ZIP 75002 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 75002?

As of July 20, 2026, the median monthly rent in ZIP 75002 (Allen, TX) is $2,254. This is based on aggregated data from public sources and community submissions.

How does ZIP 75002 rent compare to the US average?

ZIP 75002's median rent of $2,254/mo is $289 (15%) above the US national median of $1,965/mo.

How does ZIP 75002 compare to other ZIPs in Texas?

ZIP 75002 is one of the pricier ZIP codes in Texas, ranking #36 out of 689 ZIPs tracked at $2,254/mo.

How much income do you need to rent in ZIP 75002?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,254/mo in ZIP 75002. The local median household income is $137,037/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 75002?

Rent in ZIP 75002 has increased 10.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 75002 an affordable place to rent?

ZIP 75002 is considered very affordable for renters. At $2,254/mo, rent takes approximately 20% of the local median household income ($137,037/yr). The standard benchmark is 30%. ZIP 75002 falls comfortably within that range.

What percentage of ZIP 75002 residents rent vs. own?

According to Census data, approximately 21.6% of ZIP 75002 households are renters, while 78.4% are owner-occupied. ZIP 75002 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 75002 compare to the rest of Allen?

ZIP 75002 is pricier than Allen as a whole. At $2,254/mo, it's $576 above the Allen citywide median of $1,678/mo.

When was rent data for ZIP 75002 last updated?

Rent data for ZIP 75002 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $2,254/mo, rent takes ~20% of ZIP 75002's median household income ($137,037/yr). The standard benchmark is 30%.

ZIP 75002 20%Benchmark 30%
State income taxNone
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