Rental market snapshot for Melissa, Texas

Melissa, Texas Rental Property Market Overview

Melissa, Texas is a small city located in Collin County, Texas. According to the US Census, the population of Melissa, Texas in 2021 is 16,983. The city is known for its small-town charm and friendly atmosphere, with a variety of local businesses, restaurants, and parks. Melissa is a great place to live, work, and play, with plenty of outdoor activities, shopping, and entertainment.

The average rent for an apartment in Melissa is $2,520. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Melissa Texas | Cost of Living

  • The most expensive ZIP code in Melissa is 75454 with an average price of $2,275.
  • The cheapest ZIP code in Melissa is 75454 with an average price of $2,275.

Melissa ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
175454$2,275

Live near Melissa, Texas's Top Sights and Attractions

Bob Miller Park is a sprawling outdoor recreation area located in Melissa, Texas. It features a large lake, walking trails, picnic areas, and a playground. The lake is stocked with fish, making it a popular spot for fishing. There are also several pavilions and shelters available for rent, perfect for hosting events or gatherings. The park also has a disc golf course, a sand volleyball court, and a basketball court. With its lush greenery and peaceful atmosphere, Bob Miller Park is a great place to spend a day outdoors.

Melissa, Texas area median rent change by ZIP code map

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How does Melissa compare to other cities in Texas?

citymedian price
Midlothian$2,140
Fairview$2,105
Princeton$2,075
Palisades$1,995
Pinehurst$1,940
Magnolia$1,850
Orange$990
Bay City$981

Average household income in Melissa area graph - US Census

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The median household income in Melissa in 2021 was $127,391. This represents a 50.9% change from 2011 when the median was $84,410.

#categorypercent
0Less than $10,0000.0%
1$10,000 to $14,9993.8%
2$15,000 to $19,9990.2%
3$20,000 to $24,9990.2%
4$25,000 to $29,9991.0%
5$30,000 to $34,9990.2%
6$35,000 to $39,9990.0%
7$40,000 to $44,9993.9%
8$45,000 to $49,9991.0%
9$50,000 to $59,99910.8%
10$60,000 to $74,9996.0%
11$75,000 to $99,99919.0%
12$100,000 to $124,9996.0%
13$125,000 to $149,99911.7%
14$150,000 to $199,99926.0%
15$200,000 or more10.3%

Neighborhoods in Melissa

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Melissa is $2,520.
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