Frisco, TX
Collin County · Pop. 219,587
Ranked #120 of 243 cities
40Moderate
Median Home Price
🏠$520K
3.0% YoY
Median Rent
🔑$1,900
2.0% YoY
Median Income
💰$110K
Rent Burden
📊24.5%
% of income to rent
Income to Buy
🏦$149K
annual income needed
Income to Rent
📝$76K
annual income needed
Price-to-Income
⚖️4.7x
Homeownership
🏡78.0%
Rent vs. Buy
Buy
$2,768/mo
Est. mortgage (7%, 20% down)
Need $149K/yr income
Rent
$1,900/mo
Median rent
Need $76K/yr income
How Frisco Compares
| Metric | Frisco | Texas | National |
|---|---|---|---|
| Home Price | $520K | $297K | $410K |
| Rent | $1,900 | $1,413 | $1,500 |
| Income | $110K | $76K | $75K |
| Rent Burden | 24.5% | 32.0% | 30.0% |
Key Takeaways
- • Home prices in Frisco are 27% higher than the national average.
- • Rent is 27% higher than the national average.
- • You need an income of $149K to comfortably buy a home here.
- • The homeownership rate is 78.0%, compared to 65.0% nationally.