What is the median rent in Richardson, TX?
The median gross rent in Richardson, TX is $1,857 (±$37) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 21,923 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Richardson, the median gross rent went from $1,403 in 2015–2019 to $1,857 in 2020–2024 (+32.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,857 (±$37)
- Rented homes
- 21,923 (±891)
- $2,000 or more
- 38.9%
- Since 2015–2019
- +32.4%
How much rent costs in Richardson
| Monthly gross rent | Richardson | Dallas County | Texas | United States |
|---|---|---|---|---|
| Less than $500 | 0.8% (±0.6 points) | 2.4% | 3.9% | 6.3% |
| $500 to $999 | 2.4% (±0.9 points) | 7.9% | 17.4% | 20.2% |
| $1,000 to $1,499 | 18.8% (±2.5 points) | 35.7% | 35.4% | 28.1% |
| $1,500 to $1,999 | 39.0% (±2.9 points) | 31.3% | 25.2% | 21.1% |
| $2,000 to $2,499 | 25.5% (±3.2 points) | 14.1% | 11.1% | 12.0% |
| $2,500 to $2,999 | 10.7% (±2.1 points) | 4.9% | 4.0% | 5.5% |
| $3,000 or more | 2.7% (±0.7 points) | 3.8% | 2.9% | 6.8% |
The most common range is $1,500 to $1,999, paid by 39.0% of renting households.
38.9% of rented homes in Richardson cost $2,000 or more a month.
Richardson against Dallas County, its state and the nation
| Richardson | Dallas County | Texas | United States | |
|---|---|---|---|---|
| Median gross rent | $1,857 (±$37) | $1,565 (±$11) | $1,403 (±$4) | $1,413 |
| Rented homes paying rent | 21,923 (±891) | 472,681 (±4,292) | 3,935,670 (±20,381) | 42,849,984 |
In Richardson, median gross rent is higher than in Dallas County ($1,565).
It is also higher than in Texas ($1,403).
It is higher than the national figure ($1,413).
In Dallas County, Richardson ranks 7 of 24 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 123 of 1,183.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Richardson has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,403 (±$37) | $1,857 (±$37) | +32.4% | Up after inflation |
| Households that rent | 41.3% (±1.3 points) | 49.3% (±1.6 points) | +8.0 percentage points | Measurable increase |
| Rental vacancy rate | 6.7% (±1.7 points) | 5.2% (±1.6 points) | −1.5 percentage points | Not a measurable change |
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.
Median gross rent in places near Richardson
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Richardson | — | $1,857 (±$37) | — |
| Plano | 5.9 mi | $1,841 (±$24) | Not measurably different |
| Garland | 6.2 mi | $1,641 (±$33) | Lower |
| Murphy | 6.5 mi | $2,847 (±$334) | Higher |
| Addison | 7.3 mi | $1,784 (±$45) | Lower |
| Sachse | 7.5 mi | $1,798 (±$103) | Not measurably different |
| Allen | 9.7 mi | $1,932 (±$59) | Higher |
| University Park | 9.9 mi | $3,272 (±$424) | Higher |
| Rowlett | 10 mi | $1,990 (±$128) | Not measurably different |
Nearby places with a measurably lower figure: Garland, TX ($1,641), Addison, TX ($1,784).
Nearby places with a measurably higher figure: Murphy, TX ($2,847), Allen, TX ($1,932), University Park, TX ($3,272).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Dallas County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | University Park | $3,272 (±$424) |
| 2 | Coppell | $2,022 (±$105) |
| 3 | Cedar Hill | $1,993 (±$126) |
| 4 | Rowlett | $1,990 (±$128) |
| 5 | Highland Park | $1,940 (±$570) |
| 6 | Farmers Branch | $1,864 (±$41) |
| 7 | Richardson | $1,857 (±$37) |
| 8 | Sachse | $1,798 (±$103) |
| 9 | Addison | $1,784 (±$45) |
| 10 | Lancaster | $1,704 (±$102) |
| 11 | Glenn Heights | $1,675 (±$382) |
| 12 | DeSoto | $1,666 (±$81) |
| 13 | Garland | $1,641 (±$33) |
Showing 13 of 24 places in Dallas 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.
What you can do on Seayora in Richardson
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Richardson, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Richardson beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Richardson, and send estimates and invoices from your phone.
Questions about Richardson
What is the average rent in Richardson, TX?
The Census Bureau publishes the median rather than the average: the median gross rent in Richardson is $1,857 (±$37) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Richardson?
In Richardson, the median gross rent went from $1,403 in 2015–2019 to $1,857 in 2020–2024 (+32.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Richardson cost more than $2,000 a month?
38.9% of rented homes in Richardson have a gross rent of $2,000 or more a month, and 0.8% cost less than $500.
Is rent in Richardson higher than in Dallas County?
In Richardson, median gross rent is higher than in Dallas County ($1,565).
It is also higher than in Texas ($1,403).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richardson city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richardson city, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Richardson city, 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) for Richardson city, Texas (place:61796, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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 Richardson at a glance
- Rent by bedrooms in Richardson
- Rent burden in Richardson
- Renters and owners in Richardson
- Income and affordability in Richardson
- Home values in Richardson
- Homeowner costs in Richardson
- Property taxes in Richardson
- Types of homes in Richardson
- Bedrooms in Richardson
- Age of homes in Richardson
- Vacancy rate in Richardson
- Heating fuel in Richardson
- Commute and cars in Richardson
- Population growth in Richardson
- How long people stay in Richardson
- Crowding and facilities in Richardson
- Fair Market Rent in Richardson
- Texas landlord and tenant rules
- Housing across Dallas County
- Texas places ranked by median rent
- Housing data for every place in Texas