Median rent for residential apartments in as of Feb, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
222 Richardson apartments for rent
Richardson
Richardson, TX has a population of 108,350, including 55% white, 17% latino, and 16% asian.
| Population | 108,350 |
| Median Age | 37.3 |
| Poverty Rate | 10% |
| Median Income (Household) | $74,877 |
| Number Of Employees | 54,975 |
| Median Property Value | $209,500 |
City Overview
The median household income in Richardson, TX is around $74,877, while the median age is 37.3. This city is a home to major universities: The University of Texas at Dallas, Doctoral Universities, and Doctoral Universities: Highest Research Activity. 54,975 employees work in Richardson, TX. The homeownership rate among the residents is 59.64%. The median property value that you should keep in mind is $209,500.
Business & Economy
Wage by Common Jobs
Average salary: $34,206
- 1. Elementary & middle school teachers$46,511
- 2. Retail salespersons$40,745
- 3. Secretaries & administrative assistants$36,335
- 4. Nursing, psychiatric, & home health aides$26,757
- 5. Cashiers$20,680
Employment by Occupations
Numbers claim that the employment rate in Richardson, TX changed by 3%, so let’s see what are the most common job groups in this area. People of Richardson, TX prefer to work in Management, Administrative and Sales.
Employment by Industries
Keeping in mind that the employment rate changed by 3% recently, there must be a strong understanding of industries people of Richardson, TX work in. The most common industries are Professional, Scientific, Tech Services, Healthcare & Social Assistance and Educational Services. Please note that not all the residents of Richardson, TX work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Richardson, TX is a home for 55% white residents. The second common group is latino with 17% residents. The list of the most common racial or ethnic groups is closed by asian with 16% residents.
Non-English Speakers
Education
Past year Richardson, TX universities awarded around 21,670 degrees. Statistics show that the population of students in Richardson, TX include 3,988 male students and 3,368 female students. Richardson, TX offers private and public tuition with a median cost of $11,192 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the The University of Texas at Dallas with the majority of graduates. The ITT Technical Institute-Richardson and Utah College of Massage Therapy-Dallas hold the second and the third place respectively. The share of the public colleges in Richardson, TX is 96.2% and 3.8% go to the private colleges.
Universities
- 1. The University of Texas at Dallas6,948 graduates
- 2. ITT Technical Institute-Richardson209 graduates
- 3. Utah College of Massage Therapy-Dallas197 graduates
Public vs Private
- Public3.8%
- Private96.2%
Health and Safety
The age groups that most likely have the health care coverage in Richardson, TX are 6-17 years old for men and 25-34 years old for women. Richardson, TX offers a 67 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 78 to 1, speaking of mental health doctors ratio, it’s 121 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 67 |
| Dentists | 1 to 78 |
| Mental Health | 1 to 121 |
| Other | 1 to 80 |
Transportation
Commute Time
Average travel time: 22.4 minutes
- USA
- Richardson, TX
Commuter Transportation
The workers of Richardson, TX traveled to their offices around 22.4 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
- USA
- Richardson, TX
Housing Trends
Richardson, TX, USA Housing Trends
Average rent in Richardson: $1,752 (+2.3%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,079 | -0.1% |
| 2 bed rentals | $1,598 | +5.3% |
| 3 bed rentals | $1,897 | -2.4% |
| 4+ bed rentals | $2,522 | -2.5% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| Apartment rentals | $1,448 | +5.3% |
| House rentals | $2,197 | -1.3% |
| Condo rentals | $1,704 | +3.4% |
| Room rentals | $621 | -4.2% |
| Duplex rentals | $1,250 | -8.5% |
| Townhouse rentals | $2,650 | +0% |
| Loft rentals | $2,700 | +0% |
Over the Apr 2020, the average rent for an apartment in/near Richardson, TX increased by 2.3% to . Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 0.1% to . Pricing for 2-bed apartment also increased by 5% and a place of this size will now cost you . 3-bed apartment rent pricing starts at , it decreased by 2.4% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 2.5% and made it down to .
The median rent for an apartment in Richardson, TX increased by 5% to . Statistics show that house rent price decreased by 1.3% this month making it up to . Condos faced an upward trend these days. The median rent for a condo increased by 3.3%, it’s now available for . You can now rent a duplex for , duplex rent price decreased by 8.5% this month. The median rent for a loft did not face significant changes this time, it now still goes for . An average room will now go for , the median rent price for a room decreased by 4.2%.
Rent vs Own
- Rent60%
- Own40%
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