Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Richardson city, Texas?
City · Census ACS 5-Year estimates
The median gross rent in Richardson city, Texas is $1,857/month (±$37), based on Census ACS 5-Year estimates (2024). The median home value is $431,400 (±$6,608), and the median household income is $98,111/year. The unemployment rate in Dallas County, Texas was 3.9% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Richardson city, Texas
| Metric | Value |
|---|---|
| Median Gross Rent | $1,857 |
| Median Home Value | $431,400 |
| Median Household Income | $98,111 |
| Total Housing Units | 45,818 |
| Renter-Occupied Units | 22,572 |
| Renter-Occupied Share | 49% |
| Households Paying 50%+ Income | 5,229 households |
| Unemployment Rate(April 2026) | 3.9% |
How does Richardson city, Texas compare?
Median gross rent ranked against all cities in Texas.
Higher rent than 90% of cities in Texas · 124th of 1214
| # | City | Value |
|---|---|---|
| 1 | Rollingwood city | $3,501 |
| 1 | West University Place city | $3,501 |
| 1 | Heath city | $3,501 |
| … 120 more … | ||
| 124 | Richardson city(you are here) | $1,857 |
| … 1087 more … | ||
| 1212 | Loraine town | $373 |
| 1213 | Sebastian CDP | $326 |
| 1214 | Paducah town | $256 |
More data for Richardson city, Texas
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Frequently asked questions
What is the average rent in Richardson city, Texas?
The median gross rent in Richardson city, Texas is $1,857/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Richardson city, Texas?
The median rent for a 2-bedroom in Richardson city, Texas is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Richardson city, Texas?
The median home value in Richardson city, Texas is $431,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Richardson city are rent-burdened?
In Richardson city, Texas, 5,229 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Richardson city, Texas?
The median household income in Richardson city, Texas is $98,111/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,857 has a margin of error of ±$37. In very small areas, MOEs can be large relative to the estimate.
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