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ZIP Code · TX

ZIP 75407

Pop. 34,171·Collin County·103rd most expensive ZIP in Texas
Median rent (all units)
$1,953/mo
Year-over-Year
-0.8%
Month-over-Month
+1.0%
vs US Median
-$12
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 75407 · $1,953
More expensive than 58% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,870
1 BR
$1,950
2 BR
$2,280
3 BR
$2,870
4 BR+
$3,650
Research median
$2,280/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
$23,436/yr
At $1,953/mo median
Location
StateTX
CountyCollin County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.8% YoY, +1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 75407 (Princeton, TX) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 27.8% of residents hold a bachelor's degree or higher.

Population
34,171
Median income
$100,037
Median age
33.6
Renters
23.8%
Age distribution
28.3%
24.5%
29.5%
Under 1828.3%
18–3424.5%
35–5429.5%
55–648.6%
65+9.1%
Gender
51.3%
48.7%
Male51.3%
Female48.7%
Race & ethnicity
52.2%
20.7%
28.8%
White52.2%
Black20.7%
Hispanic28.8%
Asian5.4%
Education (25+)
28.9%
32.3%
27.8%
No HS diploma11%
HS diploma28.9%
Some college32.3%
Bachelor's+27.8%
Housing tenure
76.2%
23.8%
Owner76.2%
Renter23.8%

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

2021 vs 2026

How ZIP 75407 in Princeton, TX has changed in 5 years

Income
$78,743 → $100,037
up 27.0%
Population
24,864 → 34,171
up 37.4%
Renter share
25.2% → 23.8%
-1.4 pts
Bachelor's+
20.6% → 27.8%
+7.2 pts
Median age
34.4 → 33.6
-0.8 yrs

Household income in the area moved from $78,743 to $100,037 across the same window, up 27.0% versus 2021. Headcount in the area went from 24,864 to 34,171 between 2021 and 2024, a 37.4% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 20.6% to 27.8%.

Community

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Local insights

Tips for renters in ZIP 75407

About renting in ZIP 75407

Last updated: July 20, 2026

ZIP code 75407 covers Princeton, TX. The median rent here is $1,953/mo as of July 2026. A 1-bedroom rents for a median of $1,950/mo. A 2-bedroom rents for a median of $2,280/mo.

At 23% of local median household income ($100,037/yr), ZIP 75407 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 75407?

As of July 20, 2026, the median monthly rent in ZIP 75407 (Princeton, TX) is $1,953. This is based on aggregated data from public sources and community submissions.

How does ZIP 75407 rent compare to the US average?

ZIP 75407's median rent of $1,953/mo is $12 (1%) below the US national median of $1,965/mo.

How does ZIP 75407 compare to other ZIPs in Texas?

ZIP 75407 is one of the pricier ZIP codes in Texas, ranking #103 out of 689 ZIPs tracked at $1,953/mo.

How much income do you need to rent in ZIP 75407?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,953/mo in ZIP 75407. The local median household income is $100,037/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 75407?

Rent in ZIP 75407 has decreased 0.8% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 75407 an affordable place to rent?

ZIP 75407 is considered very affordable for renters. At $1,953/mo, rent takes approximately 23% of the local median household income ($100,037/yr). The standard benchmark is 30%. ZIP 75407 falls comfortably within that range.

What percentage of ZIP 75407 residents rent vs. own?

According to Census data, approximately 23.8% of ZIP 75407 households are renters, while 76.2% are owner-occupied. ZIP 75407 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 75407 compare to the rest of Princeton?

ZIP 75407 sits right at the Princeton citywide median of $1,953/mo.

When was rent data for ZIP 75407 last updated?

Rent data for ZIP 75407 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,953/mo, rent takes ~23% of ZIP 75407's median household income ($100,037/yr). The standard benchmark is 30%.

ZIP 75407 23%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 75407 (Princeton, TX)

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