$1,250 Per Month
- 1 Bed
- 1 Bath
- 635 Sq Ft
- Condo for Rent
3140 Devonshire Dr Unit 133, Plano, TX 75075
3140 Devonshire Dr Unit 133, Plano, TX 75075
Frequently Asked Questions
How much does it cost to rent a condo in Plano, TX?
The median rent for a condo in Plano, TX is $2,100 per month, though prices vary by neighborhood, size, and property type. As of June 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 Plano, TX?
To comfortably afford the median rent in Plano, TX, a household needs to earn roughly $113,000 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 $2,825 per month in Plano, TX, renters typically need to show $8,475 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 Plano, TX?
In Plano, TX, the price-to-rent ratio is 15.3, 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 Plano, TX are best for renting a condo?
The best neighborhood for renting in Plano, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include River Bend, Preston Park, Armstrong Park, Twin Creeks and Far North Dallas, each with its own character and price range.
