$3,100 Per Month
- 3 Beds
- 2.5 Baths
- 2,000 Sq Ft
- Townhouse for Rent
15866 Yellow Elder Rd, Frisco, TX 75035
15866 Yellow Elder Rd, Frisco, TX 75035
Frequently Asked Questions
How much does it cost to rent a townhouse in Frisco, TX?
The median rent for a townhouse in Frisco, TX is $2,850 per month, though prices vary by neighborhood, size, and property type. As of May 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 Frisco, TX?
To comfortably afford the median rent in Frisco, TX, a household needs to earn roughly $128,000 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 $3,200 per month in Frisco, TX, renters typically need to show $9,600 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 Frisco, TX?
In Frisco, TX, the price-to-rent ratio is 18.2, 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 Frisco, TX are best for renting a townhouse?
The best neighborhood for renting in Frisco, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Rail District, Southwest Frisco, East Frisco, Central Frisco and Preston Hollow-Deerfield, each with its own character and price range.
