salaryRent is higher than in 80% of U.S. cities. Household incomes are higher than in 98% of U.S. cities. A typical house costs about 3.9 years of household income. Most homes (87.9%) are owned, so rentals can be hard to find. It is a highly educated city: 66.5% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $92,520 a year. That is $44 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 379 of 426 cities from cheapest to most expensive.
How much do households earn in Prosper?
Share of households by yearly income. 73.3% of households earn $100,000 or more.
Rent by apartment size in Prosper
| Size | Prosper | U.S. average |
|---|---|---|
| 1 bedroom | $1,856 | $1,324 |
| 2 bedrooms | $2,280 | $1,509 |
| 3 bedrooms | $2,841 | $1,698 |
| 4 bedrooms | $3,270 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Prosper overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Prosper, so the Texas figure is shown.
Taxes and bills in Prosper
Life in Prosper
Is it cheaper to rent or buy in Prosper?
Renting is cheaper right now: about $3,402 a month less.
Owning assumes a typical $823,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $82,370 for the down payment.
Frequently asked questions
What is the average rent in Prosper, TX?
Renting in Prosper costs a median of about $2,313 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Prosper?
To keep rent under 30% of income, you need about $92,520 a year, or $44 an hour at a full-time job.
Is Prosper cheap or expensive?
Prosper is rated Cheap: rent takes 13.2% of the typical household income of $210,611. It ranks 379th cheapest of 426 Texas cities we track.
How much are property taxes in Prosper?
The median homeowner in Prosper pays $10,000+ a year in property taxes, about 1.21% of the median home value.
Is Prosper 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 Prosper?
The median home value in Prosper is $823,700, about 3.9 times the typical yearly household income.
37,869 people live in Prosper. Numbers are typical (middle) values.