Prosper, TX Rental Market Trends
Last updated: May 15, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Prosper is $1,767, a 5.65% decrease compared to the previous year, when the average rent was $1,873.
One-bedroom apartments provide 757 square feet for $1,391, balancing privacy and affordability.
Two-beedroom units at $1,972 offer 1,151 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,490 sq ft) for $2,406, suitable for larger households.
Average rent in Prosper, TX
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,767 | 1,028 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,391 | 757 sq. ft. |
| 2 Beds | $1,972 | 1,151 sq. ft. |
| 3 Beds | $2,406 | 1,490 sq. ft. |
Prosper, TX rent trends
Rental prices in Prosper, TX have decreased by 5.65% over the past year. The average rent moved from $1,873 to $1,767.
What's the typical rent budget in Prosper, TX?
The largest share of rentals in Prosper, TX (36%) 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 Prosper, TX?
1,365 or 12% of the households in Prosper, TX are renter-occupied while 9,874 or 88% are owner-occupied.
How Prosper Compares to Other Cities
| City | Average Rent |
|---|---|
| Prosper | $1,767 |
| Houston | $1,345 |
| San Antonio | $1,270 |
| Dallas | $1,587 |
| Austin | $1,636 |
| Fort Worth | $1,445 |
| Irving | $1,487 |
| Arlington | $1,359 |
| Plano | $1,689 |
| Sachse | $1,682 |
| Spring | $1,473 |
| McKinney | $1,657 |
| Garland, TX | $1,433 |
| Richardson, TX | $1,655 |
| Frisco, TX | $1,790 |
| Allen, TX | $1,647 |
| Rowlett, TX | $1,676 |
| Anna, TX | $1,581 |
| Wylie, TX | $1,638 |
| Celina, TX | $1,645 |
| Sherman, TX | $1,209 |
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 Prosper 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.