Downtown Plano, Plano, TX Rental Market Trends
Last updated: April 12, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Plano is $1,593, a 0.62% decrease compared to the previous year, when the average rent was $1,603.
Studio Apartments at $1,185 offer the most budget-friendly option with 573 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 722 square feet for $1,438, balancing privacy and affordability.
Two-beedroom units at $1,781 offer 1,018 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,189 sq ft) for $1,998, suitable for larger households.
Average rent in Downtown Plano, Plano, TX
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,593 | 857 sq. ft. |
| Studio | $1,185 | 573 sq. ft. |
| 1 Bed | $1,438 | 722 sq. ft. |
| 2 Beds | $1,781 | 1,018 sq. ft. |
| 3 Beds | $1,998 | 1,189 sq. ft. |
Downtown Plano, Plano, TX rent trends
Rental prices in Downtown Plano, Plano, TX have decreased by 0.62% over the past year. The average rent moved from $1,603 to $1,593.
What's the typical rent budget in Downtown Plano, Plano, TX?
The largest share of rentals in Downtown Plano, Plano, TX (46%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Plano, Plano, TX?
3,092 or 45% of the households in Downtown Plano, Plano, TX are renter-occupied while 3,759 or 55% are owner-occupied.
Most affordable neighborhoods in Downtown Plano?
Ridgewood $1,463/month
La Costa $1,500/month
Old Shepard Place $1,504/month
All of these neighborhoods fall below the city wide average of $1,687/month.Most expensive neighborhoods in Downtown Plano?
Galatyn Park North $1,824/month
Dallas North Estates $1,906/month
Legacy West $2,447/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Plano, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Legacy West | $2,447 |
| Dallas North Estates | $1,906 |
| Galatyn Park North | $1,824 |
| Coit Center | $1,790 |
| Bush Central Station | $1,754 |
| Legacy | $1,717 |
| The Canal on Preston | $1,698 |
| Oak Point Estates | $1,694 |
| The Tribeca | $1,661 |
| Breezeway Farms | $1,658 |
| Jefferson on the Bend | $1,655 |
| Main Street | $1,643 |
| Turnpike | $1,598 |
| Downtown Plano | $1,593 |
| Chisholm Place | $1,507 |
| Old Shepard Place | $1,504 |
| La Costa | $1,500 |
| Ridgewood | $1,463 |
Plano | Rent Comparison by Neighborhood
Rent in Downtown Plano is 4% lower than in Breezeway Farms
Downtown Plano rent is the same as Plano average
Breezeway Farms rent is 4% higher than Plano average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Plano apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.