Addison renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Addison is about $1,678 per month. This puts it in the 95th percentile compared to the state average cost of rent, which is $1,369. Households in Addison have a median income of $6,496 per month so the average renter in Addison is spending roughly 26% of their earnings on housing.
Nationally, and in Addison, home values are the data point most closely correlated with the cost of rent. The median price of a home in Addison is $354,120 right now, which is lower than cities nearby, meaning that rents in Addison also tend to be lower versus these nearby cities.
Higher rent prices are common in the southeastern parts of Addison while lower rent rates are often available in northeastern areas.
Nearby Cities
- Farmers Branch, TX: less expensive rent prices
- Carrollton, TX: less expensive rent prices
- Cross Roads, TX: less expensive rent prices
- Hebron, TX: less expensive rent prices
- Richardson, TX: more expensive rent prices
- University Park, TX: more expensive rent prices
- Coppell, TX: more expensive rent prices
- Plano, TX: more expensive rent prices
- Highland Park, TX: more expensive rent prices
- The Colony, TX: more expensive rent prices
Cities with Similar Populations
- Hueytown, AL: less expensive rent prices
- Oil City, PA: less expensive rent prices
- North Babylon, NY: more expensive rent prices
- Summerfield, NC: less expensive rent prices
- Brazil, IN: less expensive rent prices
- Liberty, SC: less expensive rent prices
- Boulder City, NV: less expensive rent prices
- Bull Run, VA: more expensive rent prices
- Canyon Lake, TX: less expensive rent prices
- Wilkinsburg, PA: less expensive rent prices
All Local Stats
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