In Allen 28% of the housing is rented out compared to 72% of homes are owned, according to the most recent Census Bureau estimates. 23% of Allen’s apartments are found in large buildings of 50 units or more, 44% are located in smaller apartment complexes with less than 50 units, and 32% are single-family rentals.
What do typical apartment communities look like in Allen, TX?
The average age of rental buildings in Allen is 15 years old, with 77% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which 95% are garden-style apartment communities, 10% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
What apartment floorplans are common in Allen, TX?
Studio apartments in Allen are around 0% of rentals, while 1-bedroom floor plans represent 48% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 46% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Renter's guide to Allen, TX
Allen is consistently rated as an excellent suburb. It was ranked by CNBC as one of the best suburbs to live in America in 2018 and Money Magazine ranked Allen as the number one city to live in the South in 2017. Why is Allen at the top of the lists? The city has all the perks of an affluent suburb while having the employment advantages of a big city.
Compared to other suburban cities in the area, Allen is among the largest. It's only about one-twelfth the size of Fort Worth, and half the size of Plano, and over twice the size of Lucas. Lucas is only about 6.6 miles from Allen, one of the closest neighboring cities while Plano is a quick drive, just 7.2 miles away. Getting further, Allen is around 40 miles away from Denton, 26 miles from Dallas, 55 miles from Fort Worth, and 120 miles from Waco.
Allen has moderate weather in the winter, but warm summers. During the winter, it rarely snows, with temperatures in the high 50s and 60s during the day and dropping to the 30s at night. In the summer, during the day the temperature reaches the 90s, and at night it cools down to the 70s. Spring in Allen is a fairly nice time of the year, with temperatures in the 60s and 70s during the day and ranging between 40s and 50s at night. In the fall, summer temperatures linger and slowly lower into the 70s during the day.
Tips for renting in Allen, TX
Allen has the same renter's rights as other cities in Texas. It sits in Collins County, TX which follows the state and federal laws regarding renting. When choosing to relocate to Allen, it's important to pick the right neighborhood. Allen has great neighborhoods like Belmont, Cyprus, Meadows, and Fall Creek. Some areas have more single-family homes than others.
Affordability can vary by neighborhood. One of the most expensive neighborhoods in Allen is the Estates of Twin Creek neighborhood. Students are zoned based on their address, so it's important to look at what schools are closest to each area.
Living in Allen, TX
There are many reasons to move to Allen. The city is in a period of growth, and the local economy is booming, which creates opportunities for locals. Over time, the rapid change might have an impact on the quiet suburban life, and some might see this as a con. Locals can benefit from the suburban lifestyle while having plenty of choices for shopping, restaurants, and fun things to do, such as heading to the Edge Skatepark, the biggest skate park in Texas.
A disadvantage could be the lack of public transport. While the DART system is under works, most residents need a car or bike to get around town.
Things to do in Allen, TX
Allen has over 67 family-friendly parks. The Grove is a major attraction in Allen, as it has a dog park and a fun maze for kids. It's located near The Village shopping outlet, which has over 100 shops and restaurants. The Allen Event Center has ice hockey games for sports-fans to enjoy, concerts, and events like gun shows and home and garden shows.
If you're looking for a cultural experience in Allen, the Allen Heritage Village preserves the city's history. People from all over come to the Hydrous Wake Park, as it is one of the few cable wakeboard parks in the country and a major attraction in the summer. Some other great spots in Allen are Top Golf and the Nine-Band Brewing Company, which offer tours of the factory and samples for visitors to try. Allen also has exciting annual events like the Collin County Home & Garden Show, Allen Arts Festival, and Make Music Allen.
Allen, TX employment & economy
Big companies like CyrusOne are investing in Allen as the city is becoming a hub for tech and cybersecurity companies. There are large Fortune 500 companies nearby in Plano like USAA, Liberty Mutual Insurance, and Capital One. The city attracts new businesses, and there are opportunities in restaurants, retail, and other local businesses.
Education in Allen, TX
A city's education system is an important factor for families when deciding to relocate. Allen's school district is one of the best in the state and has a consistently excellent performance from students. There are three public-school districts in Allen: Allen Independent, Lovejoy, and Plano School District. Each district is independent, having its own administration guidance and is funded by their own taxes.
The Allen Independent School District has 18 elementary schools, three middle schools, one high school. Lovejoy has three elementary schools, one intermediate school, one middle school, and one high school. The Plano District is larger with over 70 schools available.
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