States › Texas › Frisco

Is Frisco, TX expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,24628% higher than U.S. average
💵 Families earn per year (2026)$162,004about $13,500/month · 86% higher than U.S. average
🔑 House price$642,10093% higher than U.S. average

Rent is higher than in 78% of U.S. cities. Household incomes are higher than in 92% of U.S. cities. A typical house costs about 4.0 years of household income. It is a highly educated city: 67.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $89,840 a year. That is $43 an hour at a full-time job.

Is rent cheaper than other Texas cities?

No. Rent here is more expensive than in most of Texas. It is number 369 of 426 cities from cheapest to most expensive.

Frisco
$2,246
$1,993
$1,219
$1,813
$1,892

Compare Frisco with other big cities

vs New Yorkvs Los Angelesvs Chicagovs Houstonvs San Antoniovs Dallasvs Austinvs Fort Worthvs Enterprisevs Urban Honoluluvs Gilbertvs Seattle

Compare Frisco to 149 other cities →

How much do households earn in Frisco?

Under $25k
3.8%
$25k–50k
9.3%
$50k–100k
25.3%
$100k–150k
23.1%
$150k+
36.3%

Share of households by yearly income. 59.4% of households earn $100,000 or more.

Rent by apartment size in Frisco

SizeFriscoU.S. average
Studio$1,846$1,338
1 bedroom$1,762$1,324
2 bedrooms$2,299$1,509
3 bedrooms$2,761$1,698
4 bedrooms$3,280$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Frisco overall?

Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).

Housing
97
Goods (food, clothes…)
98
Utilities
88
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Frisco, so the Texas figure is shown.

Taxes and bills in Frisco

🏛️ Property tax$9,572a year · 1.49% of home value · U.S. $3,119
⚡ Electric bill$196a month (typical) · U.S. $156

Life in Frisco

Commute to work28.6 minU.S.: 26.4 min
College degree67.5%U.S.: 35.7%
Own their home65.9%U.S.: 65.2%
Below poverty line3.6%U.S.: 12.5%
Unemployment4.6%U.S.: 5.2%

Is it cheaper to rent or buy in Frisco?

Renting is cheaper right now: about $2,209 a month less.

Renting
$2,246
Owning
$4,455

Owning assumes a typical $642,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $64,210 for the down payment.

Frequently asked questions

What is the average rent in Frisco, TX?

Renting in Frisco costs a median of about $2,246 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Frisco?

To keep rent under 30% of income, you need about $89,840 a year, or $43 an hour at a full-time job.

Is Frisco cheap or expensive?

Frisco is rated Cheap: rent takes 16.6% of the typical household income of $162,004. It ranks 369th cheapest of 426 Texas cities we track.

How much are property taxes in Frisco?

The median homeowner in Frisco pays $9,572 a year in property taxes, about 1.49% of the median home value.

Is Frisco more expensive than the national average?

Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Frisco?

The median home value in Frisco is $642,100, about 4.0 times the typical yearly household income.

219,304 people live in Frisco. Numbers are typical (middle) values.