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ZIP Code · TX

ZIP 75023

Part of Plano, TX
Pop. 49,229·Collin County·224th most expensive ZIP in Texas
Median rent (all units)
$1,754/mo
Year-over-Year
-6.7%
Month-over-Month
+1.9%
vs US Median
-$211
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 75023 · $1,754
More affordable than 55% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,332
1 BR
$1,391
2 BR
$1,628
3 BR
$2,050
4 BR+
$2,605
Research median
$1,628/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
$21,048/yr
At $1,754/mo median
Location
CityPlano
StateTX
CountyCollin County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 6.7% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-6.7% YoY, +1.9% MoM), not inventory.
Demographics

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.

Population
49,229
Median income
$109,660
Median age
39.1
Renters
35.9%
Age distribution
19%
24.4%
26.3%
13.9%
16.4%
Under 1819%
18–3424.4%
35–5426.3%
55–6413.9%
65+16.4%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
58.7%
15.8%
14.6%
White58.7%
Black9.2%
Hispanic15.8%
Asian14.6%
Other1.6%
Education (25+)
12.9%
24.5%
56.6%
No HS diploma6%
HS diploma12.9%
Some college24.5%
Bachelor's+56.6%
Housing tenure
64.1%
35.9%
Owner64.1%
Renter35.9%

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

2021 vs 2026

How ZIP 75023 in Plano, TX has changed in 5 years

Rent
$1,524 → $1,754
up 15.1%
Income
$91,883 → $109,660
up 19.3%
Population
48,586 → 49,229
up 1.3%
Renter share
37.8% → 35.9%
-1.9 pts
Bachelor's+
52.5% → 56.6%
+4.1 pts

Rent in ZIP 75023 in Plano, TX has climbed 15.1% since 2021, going from about $1,524 per month to roughly $1,754 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. Income growth outran rent by about 4.2 percentage points, easing the affordability math somewhat compared with 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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Local insights

Tips for renters in ZIP 75023

About renting in ZIP 75023

Last updated: July 20, 2026

ZIP code 75023 covers Plano, TX. The median rent here is $1,754/mo as of July 2026. A 1-bedroom rents for a median of $1,391/mo. A 2-bedroom rents for a median of $1,628/mo.

At 19% of local median household income ($109,660/yr), ZIP 75023 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 75023?

As of July 20, 2026, the median monthly rent in ZIP 75023 (Plano, TX) is $1,754. This is based on aggregated data from public sources and community submissions.

How does ZIP 75023 rent compare to the US average?

ZIP 75023's median rent of $1,754/mo is $211 (11%) below the US national median of $1,965/mo.

How does ZIP 75023 compare to other ZIPs in Texas?

ZIP 75023 is one of the pricier ZIP codes in Texas, ranking #224 out of 689 ZIPs tracked at $1,754/mo.

How much income do you need to rent in ZIP 75023?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,754/mo in ZIP 75023. The local median household income is $109,660/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 75023?

Rent in ZIP 75023 has decreased 6.7% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 75023 an affordable place to rent?

ZIP 75023 is considered very affordable for renters. At $1,754/mo, rent takes approximately 19% of the local median household income ($109,660/yr). The standard benchmark is 30%. ZIP 75023 falls comfortably within that range.

What percentage of ZIP 75023 residents rent vs. own?

According to Census data, approximately 35.9% of ZIP 75023 households are renters, while 64.1% are owner-occupied. ZIP 75023 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 75023 compare to the rest of Plano?

ZIP 75023 is pricier than Plano as a whole. At $1,754/mo, it's $41 above the Plano citywide median of $1,713/mo.

When was rent data for ZIP 75023 last updated?

Rent data for ZIP 75023 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,754/mo, rent takes ~19% of ZIP 75023's median household income ($109,660/yr). The standard benchmark is 30%.

ZIP 75023 19%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 75023 (Plano, TX)

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