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147 Apartments for rent in Frisco, TX

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Last updated August 16 at 6:43PM
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City Guide
Frisco
Moving to Frisco

As is the case with most other housing markets, most apartment complexes in Frisco are going to require that your income is at least two to three times the monthly rent. Housing appears cheap and the lack of state income tax make the area deceptively cheap, but high utility bills and higher than average costs for commuting really add up.

If youre looking to rent a house or apartment in Frisco, you should have good luck finding one, but you may not want to get your heart set on a specific property; instead, plan on having back-ups. The housing market in Frisco, as in the entire metroplex, is extremely hot, and its common to have other potential tenants or buyers snag up the property you wanted before you can sign the paperwork.

If you are looking to rent a type of housing for which there are more vacancies, like a one-bedroom apartment, there may be enough of them available that apartment complexes may offer move-in specials such as reduced security deposits or free gifts at lease signing as extra incentives to beat the competition.

Most apartments here allow pets with extra deposits, so finding a pet-friendly apartment shouldn't be too hard either. One thing is for sure: Frisco has a large selection of housing, almost all of which is newer and in great condition, and many apartments are in gated communities. You may pay a little more for housing here, but youll definitely get something nice to show for it.

Neighborhoods in Frisco

City Center: Filled with useful amenities such as the Frisco public library and the Dallas stadium, the city center district is convenient and not overly expensive.

Preston Rd / Meadow Hill Dr: Another conveniently central neighborhood, with plenty of large townhomes for rent.

County Rd 22 / County Rd 114: This large neighborhood has plenty of new homes for rent.

Lebanon: This southern neighborhood is filled with apartment complexes, so it's a great place to look for a studio apartment.

Lolaville: A highly desirable neighborhood, conveniently close to shopping malls and a range of dining options.

Life in Frisco

There is a reason why Frisco is the fastest growing city in the country: its an amazing place to live. Theres almost no winter to speak of. Summers are incredibly hot, with up to three months a year when the temperature reaches 100 degrees or more.

The quality of life in Frisco is excellent. The city has attracted tons of major retailers, including the 165 stores in the upscale Stonebriar Centre and Swedish furniture giant IKEA. Dining out is a passion for people in the Dallas/Fort Worth area and there is a huge variety of restaurants to choose from. That same Preston Road that was once the site of cattle drives is now a major north-south thoroughfare through the city, with stores and restaurants lining the street.

Frisco also has a number of sporting venues, including the Dr. Pepper Ballpark, which is a ballpark that seats 10,500, and Pizza Hut Park, which is a 20,500 seat stadium and is the home of the FC Dallas major league soccer team. The Dallas Cowboys will move their headquarters to Frisco before the 2016 season, and the Dallas Stars NHL hockey team is also based in Frisco.

Texas is where everyone wants to be lately because the job market and housing market are so good that its like the recession of 2008 never happened. You can still live the American Dream in Frisco--just don't forget your wallet.

Rent Report
Frisco

August 2017 Frisco Rent Report

Welcome to the August 2017 Frisco Rent Report. Frisco rents declined over the past month. In this report, we'll evaluate trends in the Frisco rental market, including comparisons to cities throughout the metro, state, and nation.

Frisco rents declined over the past month

Frisco rents have declined 0.7% over the past month, but have increased slightly by 1.7% in comparison to the same time last year. Currently, median rents in Frisco stand at $1,270 for a one-bedroom apartment and $1,580 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in May. Frisco's year-over-year rent growth leads the state average of 1.4%, but trails the national average of 2.9%.

Rents rising across the Dallas Metro

Throughout the past year, rent increases have been occurring not just in the city of Frisco, but across the entire metro. Of the largest 10 cities that we have data for in the Dallas metro, all of them have seen prices rise, and this trend can be seen throughout other areas in the state, as well. Texas as a whole has logged a 1.4% year-over-year growth. Here's a look at how rents compare across some of the largest cities in the metro, as well as the rest of the state.

  • Arlington has seen the fastest rent growth in the metro, with a year-over-year increase of 9.2%. The median two-bedroom there costs $1,190, while one-bedrooms go for $960.
  • Over the past month, Mesquite has seen the biggest rent drop in the metro, with decline of 0.6%. Median two-bedrooms there cost $1,290, while one-bedrooms go for $1,040.
  • Dallas proper has the least expensive rents in the Dallas metro, with a two-bedroom median of $1,110; rents grew 0.6% over the past month and 2.9% over the past year.
  • McKinney has the most expensive rents of the largest cities in the Dallas metro, with a two-bedroom median of $1,450; rents increased 0.6% over the past month and 4.5% over the past year.
  • Looking throughout the rest of the state, Austin is the most expensive of all Texas' major cities outside the Dallas metro, with a median two-bedroom rent of $1,400; of the 10 largest Texas cities that we have data for, 3 have seen rents fall year-over-year, with Houston experiencing the fastest decline (-2.6%).
  • San Antonio, Austin, and Lubbock have all experienced year-over-year growth above the state average (2.8%, 2.0%, and 1.9%, respectively).

Many large cities nationwide show more affordable rents compared to Frisco

Rent growth in Frisco has been relatively stable over the past year - some other large cities have seen more substantial increases, while in a few cases, rents have actually declined. Compared to most large cities across the country, Frisco is less affordable for renters.

  • Frisco's median two-bedroom rent of $1,580 is above the national average of $1,160. Nationwide, rents have grown by 2.9% over the past year.
  • While rents in Frisco remained moderately stable this year, similar cities saw increases, including Seattle (+5.6%), Phoenix (+5.0%), Los Angeles (+4.8%); note that median 2BR rents in these cities go for $1,710, $1,020, and $1,730 respectively.
  • Renters will generally find more expensive prices in Frisco than most large cities. Comparably, Phoenix has a median 2BR rent of $1,020, where Frisco is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Dallas $890 $1,110 0.6% 2.9%
Fort Worth $910 $1,130 0.8% 5.2%
Arlington $960 $1,190 1.0% 9.2%
Plano $1,140 $1,420 0.6% 1.9%
Garland $980 $1,220 -0.4% 4.2%
Irving $960 $1,190 0.5% 5.4%
Grand Prairie $1,000 $1,240 0.8% 8.7%
Mesquite $1,040 $1,290 -0.6% 7.0%
McKinney $1,160 $1,450 0.6% 4.5%
Carrollton $1,070 $1,320 0.1% 5.4%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.