ZIP Code · TX

ZIP 75407

Part of Princeton, TX

Pop. 34,171·Collin County·95th most expensive ZIP in Texas

Median rent (all units)

$1,970/mo

Year-over-Year

-0.5%

Month-over-Month

+0.3%

vs US Median

+$38

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 75407 · $1,970

More expensive than 60% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 75407 usually run 0.7% below trend in February and 0.8% above it in August, about $30 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 75407 is 4.1% below its high of $2,055 in May 2023, at $1,970 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 75407 changed -0.5% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has risen 2 months in a row, and rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($100,037) is $2,501 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,280); a 3-bedroom is $2,870.

Cheaper nearby

ZIP 75442, 7 miles away, rents for 18% less ($1,610/mo), about $4,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 75407. 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.

Annual cost

$23,640/yr

At $1,970/mo median

Location

CityPrinceton

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 (-0.5% YoY, +0.3% 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

2022 vs 2026

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

Rent

$1,912 → $1,970

up 3.0%

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

Rent in ZIP 75407 in Princeton, TX has increased 3.0% since 2022, going from about $1,912 per month to roughly $1,970 today. Household income in the area moved from $78,743 to $100,037 across the same window, up 27.0% versus 2021. Income growth outran rent by about 24.0 percentage points, easing the affordability math somewhat compared with 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%. Reading these numbers side by side helps frame whether current listings in ZIP 75407 in Princeton, TX look reasonable against where the market sat half a decade ago.

Community

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About renting in ZIP 75407

Last updated: October 17, 2026

ZIP code 75407 covers Princeton, TX. The median rent here is $1,970/mo as of October 2026. A 1-bedroom rents for a median of $1,950/mo. A 2-bedroom rents for a median of $2,280/mo.

At 24% of local median household income ($100,037/yr), ZIP 75407 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.5% over the past year.

FAQ

Frequently asked questions

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 $79,000/year (about $38/hour full-time) to afford the median rent of $1,970/mo in ZIP 75407. The local median household income is $100,037/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 75407?

Rent in ZIP 75407 has been roughly flat over the past year as of September 2026, a -0.5% change. It sits 4.1% below its high of $2,055 in May 2023.

When is the cheapest time to rent in ZIP 75407?

Asking rents in ZIP 75407 are usually lowest in February, about 0.7% below their yearly trend, and highest in August, about 0.8% above it. At today's median that is a gap of roughly $30 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 75407 compare to other ZIPs in Texas?

ZIP 75407 is one of the pricier among Texas ZIP codes for rent, ranking #95 of 693 at $1,970/mo. Over the year to September 2026, rent in ZIP 75407 changed -0.5%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.