Allen, TX Rental Market Trends
What is the average rent in Allen?
The average rent for an apartment in Allen is $1,387, a 5% increase compared to the previous year, when the average rent was $1,320. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Dallas, TX.
Average Rent in Allen, TX
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,387 | 5% | 944 sq. ft. |
What is the average apartment size in Allen?
The average size for a Allen, TX apartment is 944 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Allen, TX Apartment Rent Ranges
- $701-$1,0004%
- $1,001-$1,50066%
- $1,501-$2,00026%
- > $2,0004%
Allen, TX Occupied Housing Units
- Renter-occupied Households19%
- Owner-occupied Households80%
6,629 or 19% of the households in Allen, TX are renter-occupied while 26,902 or 80% are owner-occupied.
Allen, TX Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Allen, TX | $1,273 | $1,273 | $1,295 | $1,302 | $1,343 | $1,355 | $1,320 | $1,339 | $1,373 | $1,387 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 |
How Allen Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Houston | $1,132 | 2% |
| Dallas | $1,276 | 2% |
| Austin | $1,431 | 1% |
| San Antonio | $1,077 | 3% |
| Fort Worth | $1,209 | 6% |
| Irving | $1,220 | 2% |
| Plano | $1,409 | 4% |
| Arlington | $1,104 | 5% |
| Denton | $1,262 | 3% |
| McKinney | $1,361 | 5% |
| Allen | $1,387 | 5% |