Texas · HUD FY2026 Fair Market Rents · Updated

Rent in Collin County, TX

HUD puts rent for a two-bedroom in Collin County, TX at $1,931 a month for 2026, and a one-bedroom at $1,648. Keeping the two-bedroom under 30% of income takes $37.13 an hour full time, or $77,240 a year. The typical household there would spend 19.1% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,807 (down 6.4%).

Rent in Collin County, TX at a glance

2-bedroom rent (HUD)

$1,931$23,172 a year · HUD fiscal year 2026From October 1, 2026: $1,807 (−6.4%)
Studio$1,582$30/hr needed
1 bedroom$1,648$32/hr needed
Wage a 2-bedroom takes$37.13an hour, 40 hours a week
3 bedrooms$2,431$47/hr needed

How much rent can you afford in Collin County, TX?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,931Monthly market rent
Share of gross income19.1%Recommended max: 30%
Annual income needed$77,240To meet the 30% standard
Max affordable rent$3,040At 30% of $121,600
0%30% (Affordability standard)100%
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Rent in Collin County, TX by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Collin County, TX, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$1,582$18,984$63,280$30.42/hr
1 bedroom$1,648$19,776$65,920$31.69/hr
2 bedroomsMost searched$1,931$23,172$77,240$37.13/hr
3 bedrooms$2,431$29,172$97,240$46.75/hr
4 bedrooms$3,091$37,092$123,640$59.44/hr

Cost of living in Collin County, TX: income, prices and a budget →

Rent in Collin County, TX: common questions

How much is rent going down in Collin County, TX in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,807 for a two-bedroom, down 6.4% from $1,931. A one-bedroom goes from $1,648 to $1,536, a studio from $1,582 to $1,491.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Collin County, TX?

HUD's Fair Market Rent for 2026 is $1,648 for a one-bedroom and $1,931 for a two-bedroom, utilities included. That is $23,172 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Collin County, TX?

To keep a $1,931 two-bedroom at 30% of gross pay, one full-time worker needs $37.13 an hour, or $77,240 a year. A one-bedroom at $1,648 takes $31.69 an hour.

How much is a 1, 2 or 3-bedroom apartment in Collin County, TX?

At HUD's 2026 Fair Market Rent: studio $1,582, one bedroom $1,648, two $1,931, three $2,431 and four $3,091 a month.

Is rent affordable in Collin County, TX?

For the typical household, earning $121,600 a year ($10,133 a month, Census ACS), a two-bedroom at $1,931 takes 19.1% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,931 × 12) ÷ 0.30 = $77,240. Divided by 2,080 working hours, that is $37.13 an hour.