Plano, Texas, is a top choice for renters in 2025, offering upscale living, family-friendly neighborhoods, and budget-friendly options. With a median rent of $2,700, the city caters to diverse lifestyles. Here’s a quick overview of what this guide covers:
- Top Neighborhoods: Luxury in Legacy West, suburban charm in Willow Bend, and affordable living in Old Towne, Hunters Glen, and Silverwood.
- Rental Market Trends: Median rents dropped by $100 compared to last year, but Plano remains 26% above the national median.
- Finding the Right Apartment: Use free locating services, explore move-in specials, and compare amenities like gated access, pools, and smart home systems.
- Lifestyle Highlights: Enjoy top-rated schools, vibrant dining, outdoor activities, and events like the Plano Balloon Festival.
Plano’s mix of premium and affordable options makes it a great place to live. Whether you’re after luxury or savings, this guide helps you navigate the rental market with ease.
Best Neighborhoods to Rent in Plano
Plano has a variety of neighborhoods, each offering something different for renters. Whether you’re after luxury, family-friendly vibes, or budget-friendly options, there’s a spot for you. Here’s a breakdown of some of the city’s standout areas in 2025.
Living in Legacy West
Legacy West is Plano’s go-to destination for a modern, upscale lifestyle. This walkable neighborhood is packed with luxury apartments and offers direct access to The Shops at Legacy. Residents here enjoy high-end shopping, dining, and entertainment right at their doorstep. While rents in Legacy West are among the highest in Plano, the convenient lifestyle and top-notch amenities make it a popular choice.
"The Dallas-Fort Worth multifamily rental market is experiencing an adjustment period, but areas like Legacy West maintain strong demand due to their premium locations and amenities", notes a recent market analysis.
Why Renters Like Willow Bend
Willow Bend is ideal for those looking for a mix of suburban charm and modern conveniences. It’s close to the Shops at Willow Bend and is known for its excellent schools. Apartments here often include features like resort-style pools, fitness centers, and gated access, with rents hovering around Plano’s median. The neighborhood’s family-friendly atmosphere and easy access to shopping and dining make it a top pick for long-term renters.
Affordable Areas to Consider
If you’re renting on a budget, Plano has neighborhoods that combine quality living with lower costs. Old Towne is a standout, offering one-bedroom apartments for an average of $1,045, while Hunters Glen is close behind at $1,055. For those wanting a bit more modern flair, Silverwood is a great choice, with rents averaging $1,295.
| Neighborhood | Average 1-Bedroom Rent | Notable Features |
|---|---|---|
| Old Towne | $1,045 | Historic charm, community events |
| Hunters Glen | $1,055 | Park access, quiet streets |
| Silverwood | $1,295 | Modern amenities, central location |
These neighborhoods may have lower rents, but they don’t skimp on convenience. They’re all within easy reach of Plano’s top shopping, dining, and entertainment spots. Whether you’re after luxury or affordability, Plano’s rental market has something for everyone.
How to Find the Right Apartment in Plano
Now that we’ve covered Plano’s top neighborhoods, let’s talk about finding an apartment that matches your lifestyle and budget. With 543 rentals available as of late 2024, knowing what to focus on can make all the difference.
Key Apartment Features to Consider
When you’re checking out apartments in Plano, keep these important features in mind:
- Security: Look for gated access, surveillance cameras, and well-lit parking areas – especially in busier, high-traffic areas.
- Climate Control: Reliable air conditioning is a must for Plano’s hot summers. Don’t forget to ask about utility costs during those peak months.
- Storage: Newer apartment complexes often offer extra storage or larger closets. If space is a priority, this could be worth the added expense.
Luxury Apartments in Plano
If you’re after high-end living, Downtown Plano is the hotspot for luxury rentals. A two-bedroom unit in this area averages around $3,335 per month. These upscale apartments often come with perks like resort-style pools, private parking garages, and cutting-edge fitness centers. Touring multiple properties can help you compare amenities and even negotiate rent – especially during slower rental seasons when move-in specials are more common.
"The Plano rental market is experiencing an adjustment period, but demand for luxury properties remains strong due to continued employment growth in the area", a recent market analysis noted.
Here’s a quick look at some common luxury amenities and their typical price add-ons:
| Amenity Type | Common Features | Typical Price Increase |
|---|---|---|
| Wellness & Lifestyle | Fitness centers, yoga studios, rooftop lounges, pet spas | +$200-$300/month |
| Technology | Smart home systems, fiber internet | +$150-$250/month |
Affordable Apartment Options
Luxury rentals may dominate parts of Plano, but there are plenty of options for renters on a tighter budget. Free apartment locating services like Taco Street Locating and Apartment List can connect you with local experts who curate options that fit your price range and preferences. These tools can help you uncover lesser-known properties and compare prices across neighborhoods.
Plano’s rental prices range widely – from $550 to $20,000 – so there’s something for nearly every budget and lifestyle.
For the best deals, try these tips:
- Work with multiple apartment locators to compare offers.
- Use tools like Zillow‘s rental calculator to estimate costs.
- Search for move-in specials during less busy seasons.
- Check out properties just outside the most popular areas for lower prices.
Whether you’re looking for high-end perks or affordable comfort, a bit of research and planning will go a long way in finding the perfect apartment in Plano.
Plano Rental Market Overview
Current Rent Prices in Plano
Plano’s rental market has seen some shifts, with median rents now at $2,700 – a $100 drop compared to last year. This change is tied to higher vacancy rates across the Dallas-Fort Worth area. Even with this decrease, Plano’s rents remain 26% higher than the national median, highlighting its status as a sought-after rental market in the region.
| Unit Type & Area | Average Monthly Rent | Required Annual Income |
|---|---|---|
| Budget Areas (Old Towne, Hunters Glen) | $1,045-$1,295 | $41,800-$51,800 |
| 1-Bedroom (Downtown Plano) | $1,624 | $64,960 |
| 2-Bedroom (Willow Bend) | $2,127 | $85,080 |
| Premium Areas | $2,700+ | $108,000+ |
"The Dallas-Fort Worth multifamily rental market is navigating through an adjustment period, with increased vacancy rates leading to more competitive pricing for renters", according to recent market analysis data.
How Much You Need to Earn to Rent in Plano
Neighborhoods like Old Towne and Hunters Glen offer a balance of affordability and convenience, making them great options for those looking to save on rent while staying close to Plano’s amenities. These areas combine lower prices with easy access to local attractions and services.
Using free apartment locating services can also be a smart move. These services keep track of available units across various price ranges and often highlight properties with move-in specials, especially during slower rental periods.
Keeping an eye on Plano’s rental trends can give you an edge in finding the right place that fits your needs and budget.
Tips for Renting in Plano
When to Rent and How to Negotiate
Looking to rent in Plano? Timing is everything. Searching during the slower winter months can often lead to better deals in this competitive market. With median rents around $2,700, landlords are more open to offering move-in specials or adjusting terms when vacancy rates rise. Use Plano’s above-average rental prices as a bargaining chip to negotiate favorable terms.
After pinpointing the right time to rent, consider using free locating services to simplify your search.
Best Websites and Tools for Renters
Online tools can make your rental search in Plano much easier. Platforms like Zillow, Rent.com, and property-specific websites are great resources for comparing prices, exploring virtual tours, and finding current offers.
| Tool Type | Purpose | Key Features |
|---|---|---|
| Zillow | Market Research | Price trends, neighborhood insights |
| Rent.com | Listing Aggregation | Virtual tours, real-time listings |
| Property Websites | Direct Applications | Specials, detailed floor plans |
Pairing these tools with professional locating services ensures you don’t miss any opportunities in Plano’s fast-moving rental market.
Using Free Apartment Locating Services
Taco Street Locating is a no-cost service that helps renters navigate Plano’s options. Their team can identify properties offering discounts, guide you through applications, and share in-depth knowledge about specific neighborhoods.
If you’re considering areas like Downtown Plano or Legacy Town Center South, keep in mind that these neighborhoods come with higher rents but also offer top-tier amenities. Tailor your search to match your budget and lifestyle preferences for the best results.
What It’s Like to Live in Plano
Where to Eat and Go Out in Plano
Plano is a haven for food lovers and nightlife enthusiasts, offering a variety of options to suit every taste. At The Shops at Legacy, you’ll find upscale restaurants perfect for a night out, while Downtown Plano brings charm and history with its local eateries. Craving some Texas barbecue? Lockhart Smokehouse has you covered. Prefer something a little different? Try the Asian fusion dishes at Kai or the farm-to-table experience at Sixty Vines. Downtown’s historic district also boasts craft cocktail bars, cozy bistros, and family-run spots that add a personal touch to your dining experience.
If you’re looking for more than just food and drinks, Plano doesn’t disappoint. The city is brimming with opportunities to enjoy the outdoors.
Parks and Outdoor Activities
Plano’s parks and green spaces are a big draw for those who love staying active. The city is home to well-kept trails, sports facilities, and open areas perfect for picnics or casual outings. These spaces aren’t just for recreation – they also host community events that bring residents together.
"The Dallas-Fort Worth area’s continued growth has led to increased investment in public spaces and recreational facilities, making Plano an increasingly attractive option for renters seeking a balance between urban amenities and outdoor activities."
Whether you’re into jogging, playing sports, or just enjoying a peaceful walk, Plano’s parks make it easy to embrace an active lifestyle.
Events and Social Life in Plano
Plano’s social calendar has something for everyone. Old Towne and Downtown Plano are buzzing with cultural activities, from the Plano Balloon Festival to the Arts & Wine Walks held every few months. Thanks to its location in the Dallas-Fort Worth metroplex, residents can also explore entertainment options in nearby cities while enjoying Plano’s laid-back suburban vibe.
Here’s a quick look at what different neighborhoods offer:
| Neighborhood | Entertainment Options | Notable Features |
|---|---|---|
| Legacy West | High-end dining, shopping | Modern lifestyle center |
| Downtown Plano | Local restaurants, arts scene | Historic district |
| Old Towne | Community events, casual dining | Affordable options |
With median rents around $2,700, Plano offers a lifestyle that balances city conveniences with the comfort of suburban living. For many, the blend of amenities and community feels well worth the cost.
Conclusion
Why Plano Is a Great Place to Rent
Plano offers a mix of urban convenience and suburban charm, making it an appealing choice for renters in 2025. Whether you’re searching for budget-friendly apartments or high-end complexes in prime locations, the city has housing options to suit a variety of needs. Plus, with free apartment locating services available, navigating the rental market becomes much easier. The recent $100 drop in median rent compared to last year also presents an opportunity for renters to lock in better deals.
"The Dallas-Fort Worth multifamily rental market is experiencing an adjustment period, but strong employment growth and sustained demand indicate a stable future for Plano’s rental market."
From the lively Legacy West area to more budget-conscious neighborhoods like Old Towne or Hunters Glen, Plano’s rental market caters to a wide range of preferences and budgets. If you’re considering renting, now is a great time to explore your options and take advantage of favorable terms.
Start Your Apartment Search
Searching for an apartment in Plano doesn’t have to feel overwhelming. Local experts are familiar with the market and can guide you toward properties that fit your lifestyle and budget. Services like Taco Street Locating make the process smoother, offering personalized recommendations to help you find your perfect home.
To make the most of your search, consider timing it to align with market trends. Look for a neighborhood and community that match your daily routine, desired amenities, and social interests. Finding the right fit will ensure that your new home in Plano complements your lifestyle.
