Starting at $1,221 Per Month
- Studio - 2 Beds
150 Enterprise Dr, McKinney, TX 75069
Welcome Home to The Grand Reserve Seniors Community!
The Grand Reserve Seniors Community
Frequently Asked Questions
How much does it cost to rent a home in Fairview, TX?
The median rent for a home in Fairview, TX is $2,747 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Fairview, TX?
To comfortably afford the median rent in Fairview, TX, a household needs to earn roughly $109,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,747 per month in Fairview, TX, renters typically need to show $8,241 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Fairview, TX?
In Fairview, TX, the price-to-rent ratio is 24.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Fairview, TX are best for renting a home?
The best neighborhood for renting in Fairview, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Twin Creeks, Armstrong Park, Sherrill Park, Southwest Frisco and Legacy, each with its own character and price range.
