Plano, TX Rental Market
Plano is one of the most affluent suburbs in the Dallas-Fort Worth metro and a major corporate hub in its own right, hosting Toyota North America's U.S. headquarters, the Frito-Lay world headquarters, and a large JP Morgan Chase campus. These blue-chip corporate anchors draw high-income professionals who drive strong demand for quality single-family and luxury apartment rentals.
Get a rent estimate for an address in PlanoAverage Rent in Plano, TX
$1,650
per month · 2026-06
Market Score
Key Facts — Plano, TX Rental Market
- Average rent in Plano, TX:$1,650/mo
- Median rent:$1,518/mo
- Rent range:$825 – $3,650/mo
- Most common rental (2 bedrooms):$1,450/mo
- Active listings:580
- Avg days to lease:24 days
- Year-over-year change:+3.8%
- Median home value:$380,000
- Est. gross annual yield:5.2%
- Data as of:2026-06
Rent by Bedroom in Plano, TX
Average monthly rent for each bedroom type based on current active listings in Plano.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,200/mo |
2 Bedrooms | $1,450/mo |
3 Bedrooms | $1,850/mo |
4 Bedrooms | $2,275/mo |
5 Bedrooms | $2,600/mo |
Plano Rental Market Statistics
Key indicators from the current Plano, TX rental market.
580
Available now in Plano
24
From list to lease
$1.22
Average across listings
1,350 sq ft
Typical rental size
$825 – $3,650
Min to max active listings
+3.8%
Avg rent vs. prior year
Investing in Plano, TX Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$380,000
Typical purchase price in Plano
Est. Gross Annual Yield
5.2%
Before expenses & vacancy
Avg Monthly Income
$1,650
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Plano for a full cash-flow breakdown including all costs.
Plano, TX Rental Market FAQ
Common questions about renting and investing in Plano, TX.
What is the average rent in Plano, TX?
The average rent in Plano, TX is $1,650 per month as of 2026. One-bedroom apartments average $1,200/mo, two-bedrooms average $1,450/mo, and three-bedroom homes average $1,850/mo. Plano's rents reflect its status as one of DFW's most desirable suburbs, with top-rated Plano ISD schools commanding a premium for family-oriented rentals.
Is Plano, TX a good place to invest in rental property?
Plano offers a 5.2% estimated gross yield — lower than inner-ring suburbs but reflecting the premium home values in the area. Toyota North America, Frito-Lay, and JP Morgan Chase's large campus presence create a stable pipeline of corporate tenants, including executive-level renters on relocation packages. Strong 3.8% year-over-year rent growth and Plano ISD's reputation support consistent long-term appreciation.
How competitive is the Plano, TX rental market?
Plano is one of the fastest-moving rental markets in DFW, averaging just 24 days on market across 580 active listings. High-quality single-family homes in established Plano neighborhoods — particularly those in the Plano ISD attendance zone — routinely receive multiple applications within a week of listing. Proximity to the Legacy Business Park and major corporate campuses keeps demand consistently high.
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