Apartments for Rent in Downtown Plano, Plano, TX

Downtown Plano, Plano apartment availability

Downtown Plano's rental market offers a good selection of listings, with an average of about 78 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom apartments. Many of these apartments offer popular amenities, including swimming pools, elevators, and in-unit laundry, which are available in around 46%, 44%, and 50% of apartments, respectively. This neighborhood's mix of amenities and apartment types makes it a great option for renters looking for a convenient and comfortable place to live.

Downtown Plano, Plano rental market trends

Downtown Plano's rental market experienced a significant shift in 2024, with average monthly rents (all bed counts and property types) decreasing by 100% to $1,669. This downward trend is reflected across all bed counts, with 1-bedrooms averaging $1,489, 2-bedrooms at $2,047, and studios at $1,370.

The market's fluctuations are most pronounced during the fall season, with October typically seeing the highest rent prices, 30% higher than January's lows. This suggests that renters may find more favorable prices during the winter months. However, it's essential to note that the data indicates a complete market reset in 2024 compared to 2023, which reported $0 average rents across all bed counts. This anomaly may impact the accuracy of year-over-year comparisons.

Why Downtown Plano, Plano is a great place to live

Downtown Plano stands out as a neighborhood that seamlessly aligns with the lifestyles and interests of its residents, particularly those who value a vibrant social life and pet friendliness.

For individuals seeking an active social calendar, Downtown Plano is an ideal choice. The area's popularity can be attributed to its array of restaurants, offering a diverse culinary scene. Additionally, the neighborhood's transit frequency, well-planned street infrastructure, balanced age distribution, and emphasis on safety contribute to its appeal for those who enjoy going out and exploring.

Pet owners will also find Downtown Plano to be a haven, thanks to its pet-friendly amenities. The availability of pet waste stations, spacious accommodations for pets, pet-safe windows, nearby pet hospitals, and regular pet events cater to the needs of pet owners. Furthermore, outdoor spaces and the absence of breed restrictions make it an attractive option for those looking for a hassle-free pet-friendly environment.