In Allen, a typical home is worth $464,100 and typical rent is $1,932 a month. Compared with all of Collin County, typical household income is 8% higher.
Typical home value from Zillow, September 2021 to September 2026: from $432,856 to $487,619.
Typical rent
$1,734a month
▲ 0.9% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,616 to $1,734.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Allen is in Collin County. The FHA loan limit ($563,500 for a one-unit home), the fair market rents and the help on this page are those of all of Collin County. See the county
What this place has that others do not, from public data, most unusual first.
1
According to Zillow, in the 12 months to September 2026 the typical home value in Allen fell 5.1%; in Texas, it fell 1.4%.
Sources: Zillow (September 2026 data). Zillow data
The homes here
Housing in Allen
What homes there are in Allen, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Allen
Collin County
Texas
United States
Kind of home: Allen and its comparisons
Measure
Allen
Collin County
Texas
United States
Detached house
73%
68%
64%
61%
Attached house
2%
3%
3%
6%
Building of 2 to 4
2%
3%
5%
8%
Apartments (5 or more)
22%
25%
21%
19%
Mobile home
Unreliable estimate
2%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Allen, 7 in 10 homes are single-family detached houses; in Collin County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Allen
Collin County
Texas
United States
Year built: Allen and its comparisons
Measure
Allen
Collin County
Texas
United States
Before 1960
Unreliable estimate
2%
12%
26%
1960–1979
6%
8%
21%
24%
1980–1999
34%
32%
28%
25%
2000–2009
33%
25%
18%
14%
2010 or later
27%
33%
21%
11%
In Allen, half of the homes were built before 2003; in Collin County, before 2003.
There is more room for a big family here: 75% of homes have 3 bedrooms or more, against 70% in Collin County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K8%
$300K–$500K49%
$500K–$750K28%
$750K–$1M10%
$1M or more3%
Value of owner-occupied homes: Allen and its comparisons
Measure
Allen
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
8%
$300K–$500K
49%
$500K–$750K
28%
$750K–$1M
10%
$1M or more
3%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49917%
$1,500–$1,99937%
$2,000–$2,49924%
$2,500–$2,99913%
$3,000 or more8%
Monthly rent with utilities: Allen and its comparisons
Measure
Allen
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
17%
$1,500–$1,999
37%
$2,000–$2,499
24%
$2,500–$2,999
13%
$3,000 or more
8%
With a mortgage
$2,834 a month
Collin County: $2,843 a month
Without a mortgage
$1,179 a month
Collin County: $1,101 a month
Owners with a mortgage
69%
Collin County: 69%
In Allen, 69% of owners have a mortgage; their typical cost is $2,834 a month, about the same as in Collin County.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Allen+53%
Collin County+51%
Texas+65%
United States+53%
Typical rent
Allen+30%
Collin County+34%
Texas+34%
United States+33%
Typical household income
Allen+24%
Collin County+26%
Texas+27%
United States+29%
Change since 2015–2019: Allen and its comparisons
Measure
Allen
Collin County
Texas
United States
Typical home value
+53%
+51%
+65%
+53%
Typical rent
+30%
+34%
+34%
+33%
Typical household income
+24%
+26%
+27%
+29%
From 2015–2019 to 2020–2024, home values in Allen rose at about the same pace as in Collin County: 53% against 51%.
The typical rent in Allen rose 30% over the same time; in Collin County, it rose 34%.
Here income did not keep up with housing: it rose 24%, while home values changed +53% and rent +30%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Allen and its comparisons
Measure
Allen
Collin County
Texas
United States
Rental vacancy
6.9%
6.1%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
1.1%
0.9%
More than one person per room
3.1%
3.1%
4.8%
3.4%
People per household
2.95
2.77
2.69
2.53
Drive alone
65%
62%
71%
69%
Carpool
7%
7%
10%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
1%
1%
2%
3%
Work from home
27%
28%
14%
15%
Other means
1%
2%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Collin County, the rental vacancy rate in Allen is 6.9%.
In Allen, 3.1% of households live with more than one person per room, about the same as in Collin County.
More people live in each home here: 2.95 on average, against 2.77 in Collin County.
The car rules in Allen: 65% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.
Do the math
What would you pay each month for a home in Allen?
A typical home costs more than the typical income allows
We start with a typical home in Allen, worth $464,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Allen, which is $130,901 a year. For that payment to be 28% of income, a household would need to earn about $177,398 a year.
The calculator's FHA and conventional loan limits are those of all of Collin County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Allen. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $16,244 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$4,139
at 7.18% · 30 years
Loan amount
$455,693
Total interest
$655,636
Paid off in
November 2056
Includes $7,837 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $3,054 a month
Tight
$3,054 to $3,927 a month
Hard
more than $3,927 a month
Your payment · 38%
Compared with the typical household income in Allen ($130,901 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,087
Property tax
$654
Home insurance
$193
FHA mortgage insurance (MIP)
$205
You need at least $16,244 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $4,139; principal and interest $3,087.
The city and its county
Allen and Collin County
Allen is in Collin County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Allen
Map of Collin County, Texas, with Allen marked. Around it, the neighboring counties.
Allen
Collin County
Other cities with a page
Allen's own numbers
Typical home value
$464,100
Typical monthly rent
$1,932
Typical yearly household income
$130,901
Households that own their home
69%
Effective property tax rate
1.69%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Collin County
FHA limit, one-unit home
$563,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,807
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
0.3%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Collin County.
A typical home in Allen is worth $464,100: 2% below the county and 64% above Texas. With the typical household income in Allen ($130,901 a year), a typical home costs 3.5 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Allen3.5 years
Collin3.9 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Collin County
According to FHFA’s house price index, home prices in Collin County rose 102% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Collin County.
Yearly change in FHFA’s price index in Collin County, 2016 to 2025
2016: +10.6% +10.6% 2016
2017: +9.9% +9.9% 2017
2018: +5.1% +5.1% 2018
2019: +2.3% +2.3% 2019
2020: +2.1% +2.1% 2020
2021: +14.7% +14.7% 2021
2022: +24.3% +24.3% 2022
2023: +4.5% +4.5% 2023
2024: +2.1% +2.1% 2024
2025: −0.8% −0.8% 2025
Change in FHFA’s price index in Collin County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
−0.8%
+0.8%
+2.9%
5 years (2020–2025)
+51%
+44%
+47%
10 years (2015–2025)
+102%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Allen next to Collin County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Allen$464,100
Collin$475,600
Texas$283,800
United States$332,700
Typical monthly rent
Allen$1,932
Collin$1,859
Texas$1,403
United States$1,413
Typical yearly household income
Allen$130,901
Collin$121,600
Texas$78,476
United States$80,734
See the full table
Allen next to Collin County and Texas
Measure
Allen
Collin County
Texas
U.S.
Typical home value
$464,100 ▼2% below the county
$475,600
$283,800
$332,700
Typical monthly rent
$1,932 ▲4% above the county
$1,859
$1,403
$1,413
Typical yearly household income
$130,901 ▲8% above the county
$121,600
$78,476
$80,734
Households that own their home
69% ▲5 points above the county
65%
63%
65%
Typical yearly property tax
$7,844 ▲4% above the county
$7,521
$4,232
$3,119
Effective property tax rate
1.69% ▲0.11 points above the county
1.58%
1.49%
0.94%
Renters with high rent for their income
54% ▲6 points above the county
48%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Collin County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Allen
For a typical $464,100 home in Allen, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Allen's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$4,139a month
Least cash to close
Down payment
$16,244
Cash to close
$30,167
Rate
7.18%
Mortgage insurance
FHA MIP · $205
Conventional, 5% down$4,054a month
Down payment
$23,205
Cash to close
$37,128
Rate
7.18%
Mortgage insurance
PMI · $220
Conventional, 20% down, no PMI$3,362a month
Down payment
$92,820
Cash to close
$106,743
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,791a month
Down payment
$69,615
Cash to close
$83,538
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Allen
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$4,139
$16,244
$455,694
7.18%
FHA MIP · $205
$30,167
580
Conventional, 5% down
$4,054
$23,205
$440,895
7.18%
PMI · $220
$37,128
620*
Conventional, 20% down, no PMI
$3,362
$92,820
$371,280
7.18%
None
$106,743
620*
ITIN, 15% down (example)
$3,791
$69,615
$394,485
8.18%
None
$83,538
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Allen is $1,932 a month: 4% above the county. In Allen, 54% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Collin County, by unit size. To pay the 2-bedroom one ($1,807 a month) without spending more than 30% of your income, you would need to earn $34.75 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Collin County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,491
$28.67
$59,640
1 bedroom
$1,536
$29.54
$61,440
2 bedrooms
$1,807
$34.75
$72,280
3 bedrooms
$2,275
$43.75
$91,000
4 bedrooms
$2,892
$55.62
$115,680
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Allen
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Allen has 2 ZIP codes with their own.
For 2 bedrooms it runs from $2,040 in 75013 to $2,290 in 75002.
2 of the 2 are above the fair market rent for Collin County ($1,807).
Fair market rent by ZIP code and size in Allen, fiscal year 2027.
75002
$1,890
$1,950
$2,290
$2,880
$3,670
75013
$1,680
$1,730
$2,040
$2,570
$3,270
ZIP code2 bd3 bd
75002 $2,290$2,880
75013 $2,040$2,570
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Allen when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Collin County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Allen or Collin County. The ones below are statewide in Texas: they work in Allen the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
No legal help resource on our list is for Allen or Collin County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Allen and all of Collin County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Allen?
The typical home value in Allen is $464,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Collin County it is $475,600.
How much does it cost to rent in Allen?
Typical rent in Allen is $1,932 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Collin County is $1,807.
What is the FHA loan limit in Allen?
Allen uses the FHA limit for all of Collin County (2026): $563,500 for a one-unit home and $1,083,650 for a four-unit home.
How much property tax do owners pay in Allen?
The typical homeowner in Allen pays $7,844 a year, according to the U.S. Census Bureau. That is 1.69% of the home’s value; in Collin County, the rate is 1.58%.
Where can I find free help to buy or rent in Allen?
We found no HUD-approved counseling agencies with an office in Collin County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
