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Rental Market Trends in McKinney, TX

What is the average rent in Mckinney, TX?

$1,413/month

Average Rent

757 Sq Ft

Average Apartment Size

-0.5%

Decrease in the Last Year

As of July 2025, the average rent in Mckinney, TX is $1,413 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Mckinney rent prices are 14% lower than the national average. When you rent an apartment in Mckinney, you can expect to pay about $1,163 per month for a studio, $1,413 for a one-bedroom apartment, and around $1,835 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,536 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,163/month
506 Sq Ft
One Bedroom
$1,413/month
757 Sq Ft
Two Bedroom
$1,835/month
1,128 Sq Ft
Three Bedroom
$2,536/month
1,503 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,146/month
1,015 Sq Ft
Three Bedroom
$2,475/month
1,871 Sq Ft
Four Bedroom
$3,136/month
2,724 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,596/month
516 Sq Ft
Two Bedroom
$1,797/month
1,261 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,231/month
1,432 Sq Ft
Three Bedroom
$2,685/month
1,908 Sq Ft

How much has average rent changed in Mckinney, TX?

In the past year, rent has decreased by 0.5%, which averages out to $7 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Mckinney, TX
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Mckinney, TX
Percentage*
Rent Range
1% Below $700/month
1% $700 - $1,000/month
31% $1,001 - $1,500/month
41% $1,501 - $2,000/month
26% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Mckinney?

Based on current rent prices, Sandy Glen, Wren Creek and Tucker Hill are the most affordable neighborhoods in Mckinney.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sandy Glen
$1,152/month
628 Sq Ft
Wren Creek
$1,181/month
706 Sq Ft
Tucker Hill
$1,181/month
706 Sq Ft
Creek Hollow
$1,339/month
726 Sq Ft
Village Creek
$1,398/month
728 Sq Ft
Saddle Club
$1,409/month
828 Sq Ft
Falcon Creek
$1,432/month
720 Sq Ft
Estates of Verona
$1,432/month
720 Sq Ft
Virginia Ridge Estates
$1,432/month
720 Sq Ft
Village Park
$1,460/month
798 Sq Ft

What are the most expensive neighborhoods in Mckinney?

Based on current rent prices, Trinity Falls, Craig Ranch North and Eldorado Estates are the most expensive neighborhoods in Mckinney.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Trinity Falls
$2,055/month
748 Sq Ft
Craig Ranch North
$1,826/month
794 Sq Ft
Eldorado Estates
$1,744/month
683 Sq Ft
Vista of Eldorado
$1,732/month
765 Sq Ft
Downtown McKinney
$1,680/month
781 Sq Ft
Allen/McKinney
$1,596/month
760 Sq Ft
Barcelona
$1,572/month
719 Sq Ft
Village Park
$1,460/month
798 Sq Ft
Falcon Creek
$1,432/month
720 Sq Ft
Estates of Verona
$1,432/month
720 Sq Ft

Which Mckinney neighborhoods have the most rentals available?

The neighborhoods in Mckinney with the most apartments available are Allen/McKinney, Craig Ranch North and Downtown McKinney .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Allen/McKinney
$1,596/month
760 Sq Ft
Craig Ranch North
$1,826/month
794 Sq Ft
Downtown McKinney
$1,680/month
781 Sq Ft
Vista of Eldorado
$1,732/month
765 Sq Ft
Barcelona
$1,572/month
719 Sq Ft
Trinity Falls
$2,055/month
748 Sq Ft
Village Creek
$1,398/month
728 Sq Ft
Creek Hollow
$1,339/month
726 Sq Ft
Wren Creek
$1,181/month
706 Sq Ft
Tucker Hill
$1,181/month
706 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Mckinney, TX?

Because the average rent in Mckinney is $1,413, you’ll want to make about $4,710 per month or $56,520 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Mckinney, TX is 2.5% lower than the national average. Generally, housing in Mckinney is 4.3% less expensive than the national average, with rent falling between $1,163 - $2,536. You can expect to pay 2.6% less for groceries, 13.4% more for utilities, and 14.8% less for transportation.

City

Mckinney, TX

5,630 Available Apartments for Rent

Search for Nearby Apartments

How does Mckinney, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Mckinney, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Mckinney, TX

Apartment Averages

Sandy Glen

Mckinney, TX

Trinity Falls

Mckinney, TX

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Fairview Average Rent
  • Allen Average Rent
  • Melissa Average Rent
  • Prosper Average Rent

Apartment communities in Mckinney we think you'll love

Ascend at McKinney North

Ascend at McKinney North

3601 James Pitts Dr,
McKinney, TX 75071

1-3 Beds | $1,226 - $2,304

Cendana Craig Ranch

Cendana Craig Ranch

6121 Alma Rd,
McKinney, TX 75070

Studio - 3 Beds | $1,549 - $3,004

The Waylon Apartments & Townhomes

The Waylon Apartments & Townhomes

3500 McKinney Ranch Pky,
McKinney, TX 75070

Studio - 3 Beds | $1,400 - $2,355

Modera McKinney Ridge

Modera McKinney Ridge

4300 N Hardin Blvd,
McKinney, TX 75071

1-3 Beds | $1,260 - $2,983

Property Management Companies in McKinney, TX

Greystar
Greystar
  • 3,272

    Communities

  • 910,472

    Units

  • 846

    Cities

7 Communities in Mckinney
Willow Bridge
Willow Bridge
  • 706

    Communities

  • 192,193

    Units

  • 329

    Cities

7 Communities in Mckinney
ZRS Management
ZRS Management
  • 323

    Communities

  • 95,406

    Units

  • 135

    Cities

7 Communities in Mckinney
Portico Property Management
Portico Property Management
  • 48

    Communities

  • 12,423

    Units

  • 27

    Cities

4 Communities in Mckinney
Cushman & Wakefield
Cushman & Wakefield
  • 543

    Communities

  • 127,152

    Units

  • 280

    Cities

3 Communities in Mckinney
RPM
RPM
  • 607

    Communities

  • 160,918

    Units

  • 244

    Cities

3 Communities in Mckinney
RAM Partners
RAM Partners
  • 295

    Communities

  • 76,875

    Units

  • 171

    Cities

3 Communities in Mckinney
IRT Living
IRT Living
  • 109

    Communities

  • 31,940

    Units

  • 70

    Cities

3 Communities in Mckinney

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United States Texas Mckinney Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity