Allen, Texas.
Typical home $487,619 (-5.1% in a year), asking rent $1,734 (+0.9%). Dallas-Fort Worth-Arlington, TX metro.
to buy the typical home at today's mortgage rate — +$1,313 (+105%) since Jan 2020.
- 1 year
- Down $25,941 -5%
- $513,560$487,619 since Sep 2025
- 5 years
- Up $54,763 +13%
- $432,856$487,619 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Allen$2,559
- Texas$1,556
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 29 years.
Typical home values in Allen, TX fell 5.1% over the past year — slower than the nation's +1.2%.
Asking rents in Allen, TX rose 0.9% over the past year — slower than the nation's +2.7%.
Owning the typical home in Allen runs $1,990/mo more than renting one. The gap peaked at $2,481 in May 2024.
That is $3,724 a month against $1,734 rent: a $2,559 mortgage payment, plus $643 property tax and $522 insurance & upkeep.
Owning vs renting — Allen
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,724
- Renting$1,734
- Mortgage only$2,559
Property tax · $643/mo 1.58% of value a year — the ACS 2020-2024 median bill over the median home value for Collin County, TX
Insurance & upkeep · $522/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Allen, Collin County, Texas
Allen is a city of 104,627 people in Collin County. Half its households earn more than $130,901 a year and half less, against $121,600 across Collin County; 6% of its people live below the poverty line. 69% of its homes are lived in by their owners and 31% are rented. Unemployment in Allen was 4.3% in August 2026, and Collin County had 2.9% more jobs in 2025 than the year before. The most residents work in professional services, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Allen is a city in Collin County, in the Dallas area of North Texas. Household incomes here run above the county's, and a good share of adults hold a four-year degree. Most homes are lived in by their owners, and a smaller group of renters shares the city with them. Winters are mild and short, with January the coldest month, while summers turn properly hot by August, and the year brings a fair amount of rain.
Work. Residents work mostly in professional and business services, in schools, hospitals and social care, in banks, insurance and property, and in shops. Among the biggest workplaces in Allen are Allen ISD, the local school district, H-E-B, the grocery retailer, and Motorola Solutions, which makes communications equipment. Unemployment has stayed about where it was a year ago, and Collin County has added jobs. A fair number of residents work from home, and the typical commute is a moderate one.
Things to do. A short drive away are Toyota Stadium, a stadium, Southfork Ranch, a museum, and the Videogame History Museum, also a museum. For a longer outing, the Dallas Museum of Art and the Sixth Floor Museum at Dealey Plaza are both museums a longer drive away, and Universal Kids Resort, an amusement park, is a longer drive as well.
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- 37,243households
- 58%of adults have a degree
- 6%below the poverty line
- 28 mintypical commute
- 27%work from home
What residents work in
Employed residents by industry, from the Census survey. Collin County had 562,572 jobs in 2025, 2.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 56° and lows near 34°; warmest in August, with highs near 96° and lows near 73°. About 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Mckinney Municipal Airport weather station, 7 miles away (NOAA).
Largest workplaces in Allen
- Allen ISDSchool district2,639FTE
- H-E-BRetail522
- Motorola SolutionsAirborne radio communications equipment manufacturing429
- KCK Utility ConstructionUtility line, construction410
- Texas Health Hospital AllenGeneral hospital376FTE
- WalmartWarehouse clubs and supercenters260
- TargetDiscount department stores234
- United SupermarketsSupermarket229
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 39 workplaces with 20 or more staff, 4,902 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- HailVery high
- Heat wavesRelatively moderate
- Cold wavesRelatively moderate
- Inland floodingrelatively high in parts of AllenRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Allen’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Collin County and the Dallas-Fort Worth-Arlington, TX metro.
Allen home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Allen$487,619
- Texas$296,424
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Allen listings, and the typical home goes pending in 35 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Allen37.71%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Allen35
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Allen430
New listings per month
Sellers arriving at the market.
- Allen105
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Allen$495,787
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Allen97.71%
Zip codes with a Allen address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Allen — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Allen
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 75002 | Allen | 75,057 | $2,175 | $451,769 |
| 75013 | Allen | 49,796 | $1,640 | $645,390 |