In Prosper, a typical home is worth $823,700 and typical rent is $2,176 a month. Compared with all of Collin County, the typical home value is 73% higher, typical household income is 61% higher, and the share of households that own their home is 23 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $657,621 to $760,369.
Typical rent
$2,112a month
▼ 0.6% less than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $2,064 to $2,112.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Prosper 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
The typical home in Prosper is worth $823,700,73% more than in Collin County as a whole ($475,600).
2
Nearby, in Paloma Creek South, the typical home value is $364,900: 56% less than in Prosper ($823,700).
3
The typical household income in Prosper is $195,281,61% more than in Collin County as a whole ($121,600).
4
88% of households in Prosper own their home, against 65% in Collin County.
5
According to Zillow, in the 12 months to September 2026 the typical home value in Prosper fell 5.1%; in Texas, it fell 1.4%.
6
The typical rent in Prosper is $2,176 a month, 17% more than in Collin County as a whole ($1,859).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Prosper
What homes there are in Prosper, 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
Prosper
Collin County
Texas
United States
Kind of home: Prosper and its comparisons
Measure
Prosper
Collin County
Texas
United States
Detached house
89%
68%
64%
61%
Attached house
Unreliable estimate
3%
3%
6%
Building of 2 to 4
Unreliable estimate
3%
5%
8%
Apartments (5 or more)
8%
25%
21%
19%
Mobile home
Unreliable estimate
2%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses, standing on their own, make up 89% of homes here, against 68% in Collin County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Prosper
Collin County
Texas
United States
Year built: Prosper and its comparisons
Measure
Prosper
Collin County
Texas
United States
Before 1960
Unreliable estimate
2%
12%
26%
1960–1979
Unreliable estimate
8%
21%
24%
1980–1999
6%
32%
28%
25%
2000–2009
21%
25%
18%
14%
2010 or later
72%
33%
21%
11%
Homes in Prosper are newer: the typical year built is 2014; in Collin County, 2003.
Homes in Prosper are bigger: 88% have 3 bedrooms or more; in Collin County, 70%.
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–$300KUnreliable
$300K–$500K10%
$500K–$750K28%
$750K–$1M33%
$1M or more27%
Value of owner-occupied homes: Prosper and its comparisons
Measure
Prosper
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
10%
$500K–$750K
28%
$750K–$1M
33%
$1M or more
27%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,99931%
$2,000–$2,49931%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Prosper and its comparisons
Measure
Prosper
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
31%
$2,000–$2,499
31%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
Owners with a mortgage
77%
Collin County: 69%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Prosper+79%
Collin County+51%
Texas+65%
United States+53%
Typical rent
Prosper+45%
Collin County+34%
Texas+34%
United States+33%
Typical household income
Prosper+33%
Collin County+26%
Texas+27%
United States+29%
Change since 2015–2019: Prosper and its comparisons
Measure
Prosper
Collin County
Texas
United States
Typical home value
+79%
+51%
+65%
+53%
Typical rent
+45%
+34%
+34%
+33%
Typical household income
+33%
+26%
+27%
+29%
The typical home value in Prosper rose 79% since 2015–2019, more than in Collin County (51%).
Rents in Prosper rose faster than in Collin County: 45% since 2015–2019, against 34%.
The typical household income in Prosper rose 33%: less than home values (+79%) and rent (+45%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Prosper and its comparisons
Measure
Prosper
Collin County
Texas
United States
Rental vacancy
Unreliable estimate
6.1%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
1.1%
0.9%
More than one person per room
Unreliable estimate
3.1%
4.8%
3.4%
People per household
3.37
2.77
2.69
2.53
Drive alone
57%
62%
71%
69%
Carpool
6%
7%
10%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
36%
28%
14%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in Prosper has 3.37 people, more than in Collin County (2.77).
Many people here do not commute at all: 36% work from home; in Collin County, 28%.
Do the math
What would you pay each month for a home in Prosper?
A typical home costs more than the typical income allows
We start with a typical home in Prosper, worth $823,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 43% of the typical household income in Prosper, which is $195,281 a year. For that payment to be 28% of income, a household would need to earn about $300,731 a year. Note: at that price the loan is above the FHA limit for Collin County ($563,500), so FHA would not insure it; the payment is only a reference.
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 Prosper. 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 $28,830 (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
$7,017
at 7.18% · 30 years
Loan amount
$808,780
Total interest
$1,163,645
Paid off in
November 2056
Includes $13,910 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $4,557 a month
Tight
$4,557 to $5,858 a month
Hard
more than $5,858 a month
Your payment · 43%
Compared with the typical household income in Prosper ($195,281 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$5,479
Property tax
$831
Home insurance
$343
FHA mortgage insurance (MIP)
$364
This loan is over the FHA limit
You'd borrow $794,870, but the FHA limit for a one-unit home in Prosper is $563,500. You'd need a bigger down payment or a different loan.
You need at least $28,830 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 $7,017; principal and interest $5,479.
The city and its county
Prosper and Collin County
Prosper 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).
Prosper
Map of Collin County, Texas, with Prosper marked. Around it, the neighboring counties.
Prosper
Collin County
Other cities with a page
Prosper's own numbers
Typical home value
$823,700
Typical monthly rent
$2,176
Typical yearly household income
$195,281
Households that own their home
88%
Effective property tax rate
1.21%
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 Prosper is worth $823,700: 73% above the county and 190% above Texas. With the typical household income in Prosper ($195,281 a year), a typical home costs 4.2 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.
Prosper4.2 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
Prosper 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
Prosper$823,700
Collin$475,600
Texas$283,800
United States$332,700
Typical monthly rent
Prosper$2,176
Collin$1,859
Texas$1,403
United States$1,413
Typical yearly household income
Prosper$195,281
Collin$121,600
Texas$78,476
United States$80,734
See the full table
Prosper next to Collin County and Texas
Measure
Prosper
Collin County
Texas
U.S.
Typical home value
$823,700 ▲73% above the county
$475,600
$283,800
$332,700
Typical monthly rent
$2,176 ▲17% above the county
$1,859
$1,403
$1,413
Typical yearly household income
$195,281 ▲61% above the county
$121,600
$78,476
$80,734
Households that own their home
88% ▲23 points above the county
65%
63%
65%
Typical yearly property tax
$10,001 ▲33% above the county
$7,521
$4,232
$3,119
Effective property tax rate
1.21% ▼0.37 points below the county
1.58%
1.49%
0.94%
Renters with high rent for their income
42% ▼6 points below 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 Prosper
For a typical $823,700 home in Prosper, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Prosper's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$7,017a month
Above the FHA limit for Collin County ($563,500)
Down payment
$28,830
Cash to close
$53,541
Rate
7.18%
Mortgage insurance
FHA MIP · $364
Conventional, 5% down$6,866a month
Least cash to close
Down payment
$41,185
Cash to close
$65,896
Rate
7.18%
Mortgage insurance
PMI · $391
Conventional, 20% down, no PMI$5,638a month
Down payment
$164,740
Cash to close
$189,451
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$6,399a month
Down payment
$123,555
Cash to close
$148,266
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Prosper
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Collin County ($563,500)
$7,017
$28,830
$808,781
7.18%
FHA MIP · $364
$53,541
580
Conventional, 5% down Least cash to close
$6,866
$41,185
$782,515
7.18%
PMI · $391
$65,896
620*
Conventional, 20% down, no PMI
$5,638
$164,740
$658,960
7.18%
None
$189,451
620*
ITIN, 15% down (example)
$6,399
$123,555
$700,145
8.18%
None
$148,266
Set by the lender
The option that asks for the least cash to close is Conventional, 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 Prosper is $2,176 a month: 17% above the county. In Prosper, 42% 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 Prosper
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Prosper is in ZIP code 75078.
For 2 bedrooms it is $2,590: $783 more than the fair market rent for Collin County ($1,807).
Fair market rent by ZIP code and size in Prosper, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
75078
$2,140
$2,200
$2,590
$3,260
$4,150
ZIP code2 bd3 bd
75078 $2,590$3,260
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Prosper 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 Prosper or Collin County. The ones below are statewide in Texas: they work in Prosper 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 Prosper 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 Prosper 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 Prosper?
The typical home value in Prosper is $823,700, 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 Prosper?
Typical rent in Prosper is $2,176 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 Prosper?
Prosper 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 Prosper?
The typical homeowner in Prosper pays $10,001 a year, according to the U.S. Census Bureau. That is 1.21% of the home’s value; in Collin County, the rate is 1.58%.
Where can I find free help to buy or rent in Prosper?
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.
