A WALK AROUND TOWN
Spring Walk in Point North Park
A short walk around Point North Park on a windy spring day. A film shared by made to xplore.
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Living here
Average rent in Richardson
What renters actually pay, by number of bedrooms, and how Richardson compares with Texas and the US.
Median rent
$1,825/mo
35% above US
1 bedroom
$1,584/mo
34% above US
2 bedrooms
$1,995/mo
49% above US
Renters paying 30%+ of income
49%
US 50%
Renter households
22,340
Rent by number of bedrooms
Studio$1,640a month38% above USIncome needed: $65,600/yr
1 bedroom$1,584a month34% above USIncome needed: $63,360/yr
2 bedrooms$1,995a month49% above USIncome needed: $79,800/yr
3 bedrooms$2,174a month45% above USIncome needed: $86,960/yr
4 bedrooms$2,546a month37% above USIncome needed: $101,840/yr
5+ bedrooms$2,767a month40% above USIncome needed: $110,680/yr
Median gross rent (contract rent plus utilities) for occupied rental units, by bedrooms. Income needed uses the 30% rule.
How Richardson compares
- Richardson$1,640
- Texas$1,149
- United States$1,185
- Richardson$1,584
- Texas$1,180
- United States$1,180
- Richardson$1,995
- Texas$1,327
- United States$1,338
- Richardson$2,174
- Texas$1,573
- United States$1,500
Two-bedroom rent in nearby cities
- Richardson$1,995
- Plano$1,881
- Carrollton$1,726
- McKinney$1,779
- Flower Mound$2,169
- Tyler$1,217
- Killeen$1,001
- Georgetown$1,611
- Cedar Park$1,764
- Richardson49%
- Plano42%
- Carrollton47%
- McKinney49%
- Flower Mound45%
- Tyler48%
- Killeen52%
- Georgetown56%
- Cedar Park52%
Nearby cities are other Local City Network guides in Texas, nearest first.
What rent can you afford?
$
At 30% of income you can spend about $1,995 a month.
- Studio $1,640
- 1 bedroom $1,584
- 2 bedrooms $1,995
- 3 bedrooms $2,174
- 4 bedrooms $2,546
- 5+ bedrooms $2,767
Green means the median Richardson rent for that size fits your budget. Landlords often ask for income of 2.5–3× the monthly rent.
How stretched are renters?
49% of Richardson renters spend 30% or more of their income on rent, and 24% spend half or more. The typical renter household puts 29.7% of its income toward rent (US: 50% and 25%).
Rent by zip code
Median gross rent for each ZIP Code Tabulation Area that overlaps Richardson.
HUD fair market rents
Studio$1,491
1 bedroom$1,536
2 bedrooms$1,807
3 bedrooms$2,275
4 bedrooms$2,892
HUD’s 2027 fair market rents for Dallas, TX HUD Metro FMR Area are the payment benchmarks for housing vouchers (about the 40th percentile of recent movers’ rents), so they often differ from the medians above.
More on living in Richardson
See Richardson
A DRIVE AROUND TOWN
Richardson - Texas - 4K Downtown Drive
Richardson - Texas - 4K Downtown Drive. A film shared by Mileage Mike Travels.
Watch on YouTube ↗Questions
What is the average rent in Richardson?
The median gross rent (rent plus utilities) is $1,825 a month, 36% above the Texas median and 35% above the national median.
How much is a one-bedroom apartment in Richardson?
The median one-bedroom rents for $1,584 a month (US: $1,180).
How much is a two-bedroom in Richardson?
The median two-bedroom rents for $1,995 a month (US: $1,338).
How much do you need to make to rent in Richardson?
Using the common 30% rule, a median two-bedroom ($1,995) takes a household income of about $79,800 a year, and a one-bedroom about $63,360.
Is rent affordable in Richardson?
About 49% of Richardson renters spend 30% or more of their income on rent, and 24% spend at least half (US: 50% and 25%).
Source: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates (tables B25031, B25070 and B25071). Estimates have margins of error; figures are in 2023 dollars.