Richardson, Texas Short-Term Rental Market
Richardson, TX STRs averaged $215 a night at 66.6% occupancy, though new registrations are paused until August 2026.
Quick Answer: Richardson, Texas is an active short-term rental market. average occupancy in the Dallas market area is 67%. average monthly revenue in the Dallas market area is $3,618. average daily rate in the Dallas market area is $215. the top operator in the Dallas market area is Evolve with 236 listings. market score is 79/100 (grade B).
Market data reflects the Dallas regional market, which includes Richardson. Regulations, taxes, and permit details below are specific to Richardson.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Richardson, a business- and convention-oriented suburb in the Dallas-Fort Worth metroplex and home to the Telecom Corridor and the University of Texas at Dallas, has its short-term rental performance tracked as part of a wider Dallas-Fort Worth metro area StaySTRA data series; every member of that cluster, including Plano, McKinney, Denton, Irving, and 12 other DFW-metro cities, verifiably belongs to the same metro area. This profile omits total listing counts, bedroom and channel mix, and property manager rankings since that dimension and property manager data is tracked at the shared metro level rather than uniquely for Richardson.
The Dallas-Fort Worth metro area’s own STR performance averaged $214.51 a night (ADR) at 66.6% occupancy in June 2026, generating an average of $3,618 in monthly revenue per listing. Revenue is up a solid 6.4% year over year and ADR is up 2.2%, even as occupancy fell 3.3%.
Revenue varies by property type across the area: apartment-style units average $2,987 a month, entire-place units average $4,117, and standalone houses average $4,031.
Richardson itself has a population of about 118,731 and functions primarily as a business and convention destination rather than a leisure market: the Richardson CVB reports 21 hotels with over 3,100 rooms and 203,000 square feet of meeting space, plus draws like the Eisemann Center for Performing Arts and the Cottonwood Art Festival.
The single most important fact for investors right now: Richardson enacted a temporary interim prohibition on approving new short-term rental registrations in 2026, a 90-day freeze set to expire August 25, 2026, while the city studies additional restrictions.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 55% |
| Feb | 60% |
| Mar | 65% |
| Apr | 61% |
| May | 64% |
| Jun | 70% |
| Jul | 67% |
| Aug | 61% |
| Sep | 61% |
| Oct | 62% |
| Nov | 59% |
| Dec | 58% |
Month-by-month nightly rates and revenue figures for Richardson are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Dallas market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Dallas market as a whole, which includes Richardson, so these counts are not Richardson-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 236 | 5,915 | ★ 4.41 |
| 2 | Landing, Inc. | 196 | 238 | ★ 4.36 |
| 3 | Landing | 169 | 7 | ★ 2.68 |
| 4 | Luxora | 124 | 4,413 | ★ 4.36 |
| 5 | Properties By Preston | 109 | 267 | ★ 3.61 |
What Kind of STR Should I Buy in Richardson?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Richardson are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 59.2% |
| vrbo | 5.1% |
| both | 35.7% |
Home Value Trends (Richardson)
Typical home values, median sale prices, and the 10-year price trend for Richardson are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Richardson — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Richardson requires all short-term rentals, defined as stays under 30 consecutive days, to register annually with the city before advertising or renting; registration runs on a calendar-year basis with renewal each January 1, and the application fee is $75. Operators must designate a local responsible party who can be on-site within one hour and post guest safety, contact, and ‘Be a Good Neighbor’ materials. There is no owner-occupancy or primary-residence requirement and no annual night cap under the standing ordinance, which took effect January 1, 2023.
The critical current development: in mid-2026 the City Council adopted an interim prohibition on approving new STR registrations, a 90-day freeze set to expire August 25, 2026, while staff collect data and consider additional restrictions, potentially including zoning or density limits. Existing registered STRs may continue operating during the freeze, but no new registrations are being approved, so prospective investors face significant regulatory uncertainty until the review concludes.
On taxes, operators collect and remit a combined 13% hotel occupancy tax, a 7% local rate plus Texas’s 6% state hotel occupancy tax, with monthly remittance due to the city by the 20th. Enforcement runs through code enforcement, with fines up to $2,000 per offense and possible registration revocation, subject to an appeals process.
Market Comparison
The Dallas-Fort Worth metro area’s 66.6% occupancy runs well above the national short-term rental median of roughly 55%, about 11.6 percentage points higher, while its $214.51 ADR is roughly 2.5% below a national median ADR of about $220, essentially in line with the national rate. This combination, above-average occupancy at a near-national-average rate, reflects steady, broad-based demand across the DFW metroplex rather than a single high-rate destination effect.
Property manager data for this market area is tracked at the shared Dallas-Fort Worth metro level rather than uniquely for Richardson, so no property manager breakdown is presented here. Buyers researching management options should verify any specific operator’s actual coverage of Richardson within the wider metro directly. Richardson’s own housing and regulatory profile, including the current new-registration freeze, covered elsewhere in this report, remain reliable at the city level regardless of this limitation.
Frequently Asked Questions About Richardson, Texas
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