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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 75023 usually run 0.7% below trend in January and 0.7% above it in August, about $27 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 75023 is 2% below its high of $1,932 in August 2022, at $1,894 as of September 2026.
Rent in ZIP 75023 changed +1.4% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.
From 2019 to 2024, rent in ZIP 75023 rose 33.7% while median household income rose 21.6% ($90,193 to $109,660). Rent outpaced income.
Rent in ZIP 75023 is 29.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($109,660) is $2,742 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,200); a 3-bedroom is $2,770.
5th cheapest of 6 ZIP codes in Plano.
ZIP 75075, 3 miles away, rents for 15% less ($1,608/mo), about $3,400 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 75023. 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.
Who lives here
ZIP 75023 (Plano, TX) is majority owner-occupied, has a median income above the national average, 56.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 75023 in Plano, TX has changed in 5 years
Rent in ZIP 75023 in Plano, TX has climbed 23.9% since 2021, going from about $1,529 per month to roughly $1,894 today. On the earnings side, the typical household in ZIP 75023 in Plano, TX now reports about $109,660, up from $91,883 in 2021. Rent outpaced income growth by roughly 4.6 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 48,586 to 49,229 between 2021 and 2024, a 1.3% change. About 35.9% of households rent today, against 37.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 52.5% to 56.6%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 75023 in Plano, TX reflects that arc in its own way.
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Tips for renters in ZIP 75023
Last updated: October 17, 2026
ZIP code 75023 covers Plano, TX. The median rent here is $1,894/mo as of October 2026. A 1-bedroom rents for a median of $1,880/mo. A 2-bedroom rents for a median of $2,200/mo.
At 21% of local median household income ($109,660/yr), ZIP 75023 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.
Frequently asked questions
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How does ZIP 75023 compare to other ZIPs in Texas?
How does ZIP 75023 compare to the rest of Plano?
At $1,894/mo, rent takes ~21% of ZIP 75023's median household income ($109,660/yr). The standard benchmark is 30%.
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