Rental market snapshot for Richardson, Texas

Richardson, Texas Rental Property Market Overview

Richardson, Texas is a vibrant city located in the Dallas-Fort Worth metropolitan area. According to the US Census, the population of Richardson in 2021 is 116,382, making it one of the larger cities in the area. The city is known for its diverse culture, excellent schools, and thriving business community. There are numerous parks, trails, and recreational activities available for residents to enjoy. Richardson is also home to the University of Texas at Dallas, providing educational opportunities for students of all ages. With its convenient location, great amenities, and strong sense of community, Richardson is an ideal place to call home.

The average rent for an apartment in Richardson is $2,132. 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 Richardson Texas | Cost of Living

  • The most expensive ZIP code in Richardson is 75081 with an average price of $2,096.
  • The cheapest ZIP code in Richardson is 75080 with an average price of $1,998.

Richardson ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
175081$2,096
275082$2,038
375080$1,998

Live near Richardson, Texas's Top Sights and Attractions

Mark Twain Park is a large outdoor recreational area located in Richardson, Texas. It features a variety of activities for visitors to enjoy, including a playground, walking trails, picnic areas, and a lake. The park also has a variety of wildlife, including ducks, geese, and other birds. Visitors can also enjoy fishing in the lake, as well as canoeing and kayaking. The park also has a disc golf course, and a large open field perfect for sports and other activities.

Breckinridge Park is a large outdoor recreation area located in Richardson, Texas. It features a variety of activities, including a lake, trails, playgrounds, picnic areas, and sports fields. The park also has a disc golf course, a nature center, and a dog park. There are also several pavilions and shelters available for rent. The park is a great place to spend a day outdoors with family and friends.

Huffhines Park is a sprawling outdoor recreation area located in Richardson, Texas. It features a variety of amenities, including a large lake, a disc golf course, a playground, a picnic area, and a nature trail. The park also offers a variety of sports fields and courts, including baseball, softball, volleyball, and basketball. The park also hosts a variety of special events throughout the year, such as concerts, festivals, and movie nights.

Spring Creek Nature Area is a tranquil oasis located in the heart of a bustling metropolitan area. The area consists of a lush, green landscape with winding trails, a tranquil creek, and a variety of wildlife. Visitors can explore the area on foot or by bike, and take in the sights and sounds of nature. The area also features a variety of educational programs and activities, such as bird watching, nature photography, and guided hikes. Whether you're looking for a peaceful escape or an educational experience, Spring Creek Nature Area is the perfect destination.

Berkner Park is a large outdoor recreational area located in Richardson, Texas. It features a variety of amenities, including a large lake, walking trails, playgrounds, picnic areas, and sports fields. The park also has a disc golf course, a sand volleyball court, and a skate park. The lake is stocked with fish, and visitors can rent boats or take part in fishing tournaments. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Heights Park is a sprawling outdoor space located in Richardson, Texas. It features a large lake with a fountain, a playground, and plenty of open green space for picnics and outdoor activities. There are also walking and biking trails, a disc golf course, and a skate park. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Prairie Creek Park is a lush, green oasis located in the heart of a bustling city. It features a variety of outdoor activities, such as walking trails, fishing, and bird watching. The park also has a playground, picnic areas, and a large lake with a fountain. Visitors can also enjoy a variety of wildlife, including deer, ducks, and other birds. The park is a great place to relax and enjoy nature in a peaceful setting.

Eastside Park is a sprawling green space located in Richardson, Texas. It features a variety of outdoor activities, including a playground, walking trails, a disc golf course, a fishing pond, and a picnic area. The park also has a large pavilion, which is perfect for hosting events and gatherings. The park is well-maintained and provides a peaceful escape from the hustle and bustle of the city.

Cottonwood Park is a sprawling green space located in the heart of Richardson, Texas. It features a variety of outdoor activities, including a large lake with fishing piers, a disc golf course, a playground, and a network of trails for walking, biking, and jogging. The park also has a picnic area, a pavilion, and a large open field, perfect for sports and other outdoor activities. The park is a great place to spend a day with family and friends, and it's a popular spot for local events and festivals.

Duck Creek Linear Park is a scenic, multi-use trail located in the heart of Richardson, Texas. The park spans over four miles and features a variety of activities, including walking, biking, and jogging. The park also features a variety of wildlife, including ducks, geese, and other birds. The park is lined with trees and other vegetation, providing a peaceful and tranquil atmosphere. The park also features several picnic areas, playgrounds, and other amenities.

Richardson, Texas area median rent change by ZIP code map

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How does Richardson compare to other cities in Texas?

citymedian price
Seabrook$2,095
Bee Cave$2,010
Azle$1,970
Mont Belvieu$1,920
Houston$1,730
Euless$1,529
Harlingen$1,150

Average household income in Richardson area graph - US Census

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The median household income in Richardson in 2021 was $87,720. This represents a 27.5% change from 2011 when the median was $68,806.

#categorypercent
0Less than $10,0005.1%
1$10,000 to $14,9991.9%
2$15,000 to $19,9992.1%
3$20,000 to $24,9992.8%
4$25,000 to $29,9993.2%
5$30,000 to $34,9994.0%
6$35,000 to $39,9993.5%
7$40,000 to $44,9992.5%
8$45,000 to $49,9993.7%
9$50,000 to $59,9996.7%
10$60,000 to $74,9999.0%
11$75,000 to $99,99913.7%
12$100,000 to $124,99912.1%
13$125,000 to $149,9998.4%
14$150,000 to $199,9999.7%
15$200,000 or more11.5%

Neighborhoods in Richardson

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 Richardson is $2,132.
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