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Richardson, TX Apartments for Rent

Richardson Information



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Richardson, Texas, has just under 100,000 residents in 28.65 square miles, 18.4 of which are located in Dallas County and the remainder in Collin. Richardson has two nationally acclaimed public schools systems, one state university, two community colleges, two public university satellite campuses, and a hospitality industry.

It also has a renowned orchestra and a thriving arts and culture community that enhance the city's quality of life and business. Richardson is located in Dallas County and is considered to be a suburb of Dallas.

Richardson is probably best known as the "telecom corridor," home of chip and cell phone makers Nortel, Ericsson, AT&T, Tellabs, Alcatel-Lucent and Texas Instruments. Many have offices along the extremely busy I-75 (Central Expressway), which bisects the city and leads south into Dallas. It's the busiest commuting route in the metroplex.

Fossil, the watch and apparel maker, has its global headquarters in Richardson.

Dallas Area Rapid Transit (DART) has four DART stations along US 75 at Spring Valley, Arapaho, Galatyn Park, and the President George Bush Turnpike (190).

The Charles W. Eisemann Center for Performing Arts and Corporate Presentations, located just east of Central Expressway at the Galatyn Park urban center, anchors a 2 acre public pedestrian plaza. Residents enjoy the annual city tradition of the Cottonwood Art Festival, an award-winning exhibit of more than 200 artists and craftsmen from around the country.

The University of Texas at Dallas is in north Richardson. It specializes in engineering, cognitive sciences, natural sciences and computer science. (The University has close ties to nearby Texas Instruments.) It's also known for its graduate programs in management and economics. The university is home of the Alan G. MacDiarmid Nano Tech Institute.

The city just north of Dallas is also home to four DART rail stations and lots of new luxury condominium, apartment and townhome developments.

Richardson Apartment Statistics

 Efficiency1 Bedroom2 Bedroom3 Bedroom4 Bedroom
# Communities Offering:54142281
Square Footage
Low:3004126988501,180
High:5101,2261,8602,0001,269
Avg:4197941,1211,4411,225
Market Rent
Low:$450$328$386$680$1,800
High:$790$5,070$2,429$2,116$1,800
Avg:$560$977$1,129$1,233$1,800
Effective Rent
Low:$432$328$386$680$1,800
High:$790$5,070$2,429$2,095$1,800
Avg:$553$963$1,114$1,226$1,800
Effective Rent per Sq.Ft.
Low:$1.50$0.80$0.55$0.80$1.53
High:$1.55$4.14$1.31$1.06$1.42
Avg:$1.34$1.23$1.01$0.86$1.47