Rentometer, Inc. | Data as of 10/23/2025
Richardson, Texas offers a dynamic rental market that blends urban convenience with suburban charm, making it a soughtâafter destination for professionals, families, and students alike. The cityâs vibrant Telecom Corridor and historic downtown district provide easy access to major employers, dining, and cultural venues, while leafy neighborhoods such as Northfield and Westwood deliver a quieter, familyâfriendly atmosphere. With a mix of modern apartment complexes and wellâmaintained singleâfamily homes, renters can find options that suit a range of lifestyles and budgets.
Apartment rentals in Richardson typically fall within the $1300s for studios, move up to the $1500 range for oneâbedroom units, and reach the $2000â$2500 bracket for twoâ and threeâbedroom configurations. Larger floor plans often approach the $2500â$3000 level, reflecting the cityâs high demand for spacious living spaces. For those preferring a house, twoâbedroom homes generally rent in the $2100 range, while threeâbedroom properties trend around $2500, and premium fourâplus bedroom homes command prices near $3000 or higher. These figures illustrate a balanced market where both apartments and houses provide competitive rates relative to the broader DallasâFort Worth metro area.
Beyond the numbers, Richardsonâs appeal is reinforced by its topârated schools, extensive park system, and convenient publicâtransit connections, including DART lightârail stations that link residents to downtown Dallas and surrounding suburbs. Whether youâre seeking a sleek downtown loft, a familyâoriented suburban house, or a wellâlocated apartment near the Telecom Corridor, Richardsonâs rental landscape offers diverse choices that cater to a wide array of preferences and needs.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,342 | $1,350 | $1,210 - $1,527 | $1,292 - $1,375 |
| Apartment | 1 Bedroom | $1,526 | $1,497 | $995 - $2,392 | $1,355 - $1,669 |
| Apartment | 2 Bedroom | $2,058 | $2,102 | $1,152 - $3,035 | $1,798 - $2,299 |
| Apartment | 3 Bedroom | $2,492 | $2,481 | $1,750 - $3,420 | $2,064 - $2,893 |
| House | 2 Bedroom | $2,181 | $2,197 | $1,500 - $2,700 | $1,799 - $2,695 |
| House | 3 Bedroom | $2,713 | $2,595 | $1,800 - $6,500 | $2,350 - $2,850 |
| House | 4+ Bedroom | $3,597 | $2,980 | $1,200 - $12,500 | $2,645 - $3,500 |
In the current period, the average rent in Richardson was $1,342 for Studio, $1,526 for 1 Bedroom, $2,065 for 2 Bedroom, $2,678 for 3 Bedroom, and $3,090 for 4+ Bedroom.
Data provided by Rentometer, Inc.