Housing
Home prices and rent in Richardson
Median home values, rents and incomes from the U.S. Census Bureau, compared with Texas and the U.S.
Census geography: Richardson city, Texas. These survey estimates are not current listing prices.
Richardson vs. Texas and the U.S.
| Richardson | Texas | U.S. | |
|---|---|---|---|
| Median home value | $431,400 | $283,800 | $332,700 |
| Median rent (monthly) | $1,857 | $1,403 | $1,413 |
| Median household income | $98,111 | $78,476 | $80,734 |
| Homes owned by occupants | 51% | 63% | 65% |
| Median year built | 1986 | 1992 | 1980 |
Ten years of change
| 2014 | 2019 | 2024 | |
|---|---|---|---|
| Median home value | $190,400 | $274,200 | $431,400 |
| Median rent (monthly) | $1,081 | $1,403 | $1,857 |
| Median household income | $70,959 | $85,678 | $98,111 |
Fair Market Rents (HUD, fiscal year 2027)
Dallas, TX HUD Metro FMR Area · Dallas County. HUD's payment benchmarks for housing programs: typical gross rent (rent plus utilities) for a recent mover, not a listing or an asking rent.
Large figures are the metro-area Fair Market Rent; green figures are the range across 4 Richardson ZIP codes, where HUD sets Small Area Fair Market Rents.
Income limits (HUD, fiscal year 2026)
Area median family income: $121,100. Households at or under these incomes can qualify for many housing programs; check each program's own rules.
| Household size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| Low income (80%) | $67,850 | $77,550 | $87,250 | $96,900 | $104,700 | $112,450 | $120,200 | $127,950 |
| Very low income (50%) | $42,400 | $48,450 | $54,500 | $60,550 | $65,400 | $70,250 | $75,100 | $79,950 |
| Extremely low income (30%) | $25,450 | $29,100 | $32,750 | $36,350 | $39,300 | $44,360 | $50,040 | $55,720 |
Source: U.S. Department of Housing and Urban Development, Fair Market Rents and Income Limits, checked October 18, 2026.
Questions
What is the median home value in Richardson?
$431,400, according to the Census Bureau’s 2024 American Community Survey (5-year estimates), compared with $283,800 in Texas and $332,700 nationally.
How much is rent in Richardson?
Median gross rent (rent plus utilities) is $1,857 a month, versus $1,403 statewide.
How much have home values risen in Richardson?
The median home value went from $190,400 in 2014 to $431,400 in 2024 (+127%).
What is fair market rent in Richardson?
HUD's fiscal year 2027 Fair Market Rent for the Dallas, TX HUD Metro FMR Area is $1,491 for a studio, $1,536 for one bedroom and $1,807 for two bedrooms; across Richardson's ZIP codes, two-bedroom values run $1,720 to $2,320. These are HUD program benchmarks, not asking rents.
Are these current market prices?
No. They are survey medians from the Census Bureau, based on a five-year survey period, so they lag today’s listings. They are the most consistent way to compare places and track change over time.
U.S. Census Bureau, American Community Survey 5-year estimates (2014, 2019, 2024), Richardson city, Texas. Values are estimates with margins of error.