True Cost of Renting in Plano
Plano is corporate America's Texas address — Toyota, JPMorgan Chase, Liberty Mutual, and dozens of other Fortune 500 companies have established major North Texas operations here, driving demand for upscale rental housing. The Legacy West mixed-use development created a walkable urban district in a historically suburban city. DART light rail connects Plano to Downtown Dallas.
Neighborhoods & Average Rents
Legacy West / Legacy East
- Studio:
- $1,500/mo
- 1 Bed:
- $1,900/mo
- 2 Bed:
- $2,600/mo
Plano's walkable urban core; luxury apartments above retail with resort-style amenities. Within walking distance of Toyota HQ, JPMorgan Chase campus, and extensive dining/retail. Amenity fees ($75–125/mo) common. DART Silver Line will connect this area when complete.
Downtown Plano / Arts District
- Studio:
- $1,200/mo
- 1 Bed:
- $1,500/mo
- 2 Bed:
- $2,100/mo
Historic downtown with galleries and independent restaurants on 15th Street; DART Red Line station at Downtown Plano provides car-free Dallas access. Lower rents than Legacy West. Mix of older buildings and newer infill. Free street parking available.
West Plano / Shops at Legacy
- 1 Bed:
- $1,700/mo
- 2 Bed:
- $2,300/mo
Upscale suburban corridor along Dallas North Tollway; apartment complexes near The Shops at Legacy retail center. Car-dependent but close to Legacy corporate campuses. Many complexes include covered parking. Strong school district (Plano ISD) drives family renter demand.
Utility Providers
- Electric
- Oncor (distribution) — retail provider choice required
- Water
- City of Plano Water Utilities
- Internet
- AT&T Fiber, Spectrum, Google Fiber
Commute & Transportation
Plano is 20 miles north of Downtown Dallas via US-75 (Central Expressway) or the Dallas North Tollway. DART Red and Orange lines connect Downtown Plano and Parker Road stations to Downtown Dallas (35–45 min, $2.50/one-way). The corporate campus concentration along the Tollway and Legacy Drive means most Plano residents commute internally within Plano/Frisco rather than to Dallas. I-190 (President George Bush Turnpike) provides east-west connectivity. DFW Airport is 20 miles west via I-190. Frisco's booming commercial corridor is 5–10 miles north on the Tollway.
Rental Market Overview
Plano's corporate HQ cluster creates steady demand from relocated executives and managers whose companies subsidize housing costs through relocation packages. This corporate renter base supports above-average rents in Legacy West and along the Tollway corridor. Plano ISD is one of Texas's top-ranked school districts, which sustains family renter demand even as children age out of school. Oncor electric with retail provider choice — critical to select a fixed summer rate plan. Summer bills in Legacy West high-rises can be $150–250/month for a 1BR. Plano is one of the safest large cities in Texas, which factors into renters insurance rates ($16–24/month, slightly below Dallas average).
Data last updated: 2026-04
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