What percentage of people rent in Prosper, TX?
12.1% (±2.7 points) of the occupied homes in Prosper, TX are rented (2020–2024 American Community Survey).
That is 1,365 renting households against 9,874 that own their home.
In Prosper, the share of households that rent went from 13.6% in 2015–2019 to 12.1% in 2020–2024 (−1.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 12.1% (±2.7 points)
- Renting households
- 1,365 (±300)
- Median renter income
- $78,328 (±$14,359)
Who rents and who owns in Prosper
| Prosper | Collin County | Texas | United States | |
|---|---|---|---|---|
| Renter-occupied share | 12.1% (±2.7 points) | 35.5% (±0.5 points) | 37.4% (±0.2 points) | 34.8% |
| Renting households | 1,365 (±300) | 147,833 (±2,267) | 4,113,561 (±20,050) | 45,017,354 |
| Owning households | 9,874 (±434) | 268,813 (±2,206) | 6,879,255 (±32,101) | 84,210,142 |
| Average renter household size | 2.3 (±0.3) | 2.3 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.5 (±0.1) | 3.0 (±0.0) | 2.9 (±0.0) | 2.6 |
| Median renter household income | $78,328 (±$14,359) | $77,455 (±$2,189) | $53,222 (±$285) | $52,966 |
| Median owner household income | $215,538 (±$15,637) | $156,194 (±$3,205) | $100,555 (±$369) | $100,009 |
In Prosper, the renter share is lower than in Collin County (35.5%).
It is also lower than in Texas (37.4%).
It is lower than the national figure (34.8%).
In Collin County, Prosper ranks 12 of 24 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1157 of 1,421.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Prosper has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 13.6% (±2.3 points) | 12.1% (±2.7 points) | −1.5 percentage points | Not a measurable change |
| Median gross rent | $1,497 (±$160) | $2,176 (±$159) | +45.4% | Up after inflation |
| Median household income | $146,733 (±$7,848) | $195,281 (±$12,809) | +33.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Prosper
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Prosper | — | 12.1% (±2.7 points) | — |
| Savannah | 5.6 mi | 28.0% (±11.1 points) | Higher |
| Celina | 5.7 mi | 7.3% (±3.0 points) | Lower |
| Frisco | 6.0 mi | 34.1% (±1.4 points) | Higher |
| Little Elm | 7.1 mi | 29.9% (±3.3 points) | Higher |
| Paloma Creek South | 7.3 mi | 26.4% (±9.0 points) | Higher |
| Paloma Creek | 7.3 mi | 29.9% (±15.4 points) | Higher |
| Providence Village | 8.3 mi | 22.5% (±8.4 points) | Higher |
| Hackberry | 8.8 mi | 18.9% (±9.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Celina, TX (7.3%).
Nearby places with a measurably higher figure: Savannah, TX (28.0%), Frisco, TX (34.1%), Little Elm, TX (29.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Collin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 6 | Farmersville | 29.5% (±15.5 points) |
| 7 | Fairview | 26.1% (±5.0 points) |
| 8 | Princeton | 24.3% (±4.2 points) |
| 9 | Wylie | 22.6% (±3.6 points) |
| 10 | Anna | 21.5% (±7.4 points) |
| 11 | Blue Ridge | 19.5% (±8.7 points) |
| 12 | Prosper | 12.1% (±2.7 points) |
| 13 | Melissa | 11.3% (±3.9 points) |
| 14 | Lavon | 9.8% (±6.3 points) |
| 15 | Lucas | 7.7% (±11.4 points) |
| 16 | Celina | 7.3% (±3.0 points) |
| 17 | Murphy | 6.3% (±3.1 points) |
| 18 | Weston | 6.1% (±8.9 points) |
Showing 13 of 24 places in Collin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Prosper
How many renters are there in Prosper?
Prosper has an estimated 1,365 (±300) renting households, 12.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Prosper?
In Prosper, the share of households that rent went from 13.6% in 2015–2019 to 12.1% in 2020–2024 (−1.5 percentage points), not a measurable change.
How big are renting households in Prosper?
A renting household in Prosper has 2.3 people on average, against 3.5 in an owned home.
How much do renters earn in Prosper?
The median renting household in Prosper, TX has an income of $78,328 (±$14,359) a year, against $215,538 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Prosper town, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Prosper town, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Prosper town, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Prosper town, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Prosper town, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Prosper town, Texas (place:59696, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Prosper at a glance
- Median rent in Prosper
- Rent by bedrooms in Prosper
- Rent burden in Prosper
- Income and affordability in Prosper
- Home values in Prosper
- Homeowner costs in Prosper
- Property taxes in Prosper
- Types of homes in Prosper
- Bedrooms in Prosper
- Heating fuel in Prosper
- Commute and cars in Prosper
- Population growth in Prosper
- How long people stay in Prosper
- Crowding and facilities in Prosper
- Fair Market Rent in Prosper
- Texas landlord and tenant rules
- Housing across Collin County
- Texas places ranked by share of renters
- Housing data for every place in Texas