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Rental Market Trends in McKinney, TX

What is the average rent in Mckinney, TX?

$1,351/month

Average Rent

753 Sq Ft

Average Apartment Size

-3.5%

Decrease in the Last Year

As of December 2025, the average rent in Mckinney, TX is $1,351 per month. This is 17% lower than the national average rent of $1,631/month, making renting in Mckinney more affordable than most cities in the US. When you rent an apartment in Mckinney, you can expect to pay about $1,142 per month for a studio, $1,351 for a one-bedroom apartment, and around $1,767 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,426 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,142/month
507 Sq Ft
One Bedroom
$1,351/month
753 Sq Ft
Two Bedroom
$1,767/month
1,126 Sq Ft
Three Bedroom
$2,426/month
1,499 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,267/month
1,208 Sq Ft
Three Bedroom
$2,344/month
1,779 Sq Ft
Four Bedroom
$2,914/month
2,650 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,370/month
772 Sq Ft
Two Bedroom
$1,747/month
1,181 Sq Ft
Three Bedroom
$2,792/month
1,629 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,165/month
1,414 Sq Ft
Three Bedroom
$2,713/month
1,925 Sq Ft
Four Bedroom
$2,816/month
2,151 Sq Ft

How much has average rent changed in Mckinney, TX?

In the past year, rent has decreased by 3.5%, which averages out to $47 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Mckinney, TX
Last Updated December 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Mckinney, TX
Percentage*
Rent Range
1% Below $700/month
1% $700 - $1,000/month
44% $1,001 - $1,500/month
37% $1,501 - $2,000/month
17% 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, Tucker Hill, Saddle Club and Eldorado Estates are the most affordable neighborhoods in Mckinney.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Tucker Hill
$1,114/month
686 Sq Ft
Saddle Club
$1,197/month
831 Sq Ft
Eldorado Estates
$1,230/month
667 Sq Ft
Wynn Ridge Estates
$1,232/month
676 Sq Ft
Village Creek
$1,239/month
705 Sq Ft
Eldorado Country Club
$1,260/month
664 Sq Ft
Barcelona
$1,262/month
725 Sq Ft
Creek Hollow
$1,275/month
732 Sq Ft
Waterbury
$1,324/month
807 Sq Ft
Allen/McKinney
$1,481/month
755 Sq Ft

What are the most expensive neighborhoods in Mckinney?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Craig Ranch North
$1,811/month
800 Sq Ft
Trinity Falls
$1,762/month
758 Sq Ft
Downtown McKinney
$1,718/month
870 Sq Ft
Allen/McKinney
$1,481/month
755 Sq Ft
Waterbury
$1,324/month
807 Sq Ft
Creek Hollow
$1,275/month
732 Sq Ft
Barcelona
$1,262/month
725 Sq Ft
Eldorado Country Club
$1,260/month
664 Sq Ft
Village Creek
$1,239/month
705 Sq Ft
Wynn Ridge Estates
$1,232/month
676 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 Barcelona .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Allen/McKinney
$1,481/month
755 Sq Ft
Craig Ranch North
$1,811/month
800 Sq Ft
Barcelona
$1,262/month
725 Sq Ft
Trinity Falls
$1,762/month
758 Sq Ft
Creek Hollow
$1,275/month
732 Sq Ft
Downtown McKinney
$1,718/month
870 Sq Ft
Tucker Hill
$1,114/month
686 Sq Ft
Village Creek
$1,239/month
705 Sq Ft
Waterbury
$1,324/month
807 Sq Ft
Eldorado Estates
$1,230/month
667 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 $1,351, you’ll want to make about $4,503 per month or $54,036 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 4.4% less expensive than the national average, with rent falling between $1,142 - $2,426. You can expect to pay 2.6% less for groceries, 13.1% more for utilities, and 15.0% less for transportation.

City

Mckinney, TX

5,601 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

Tucker Hill

Mckinney, TX

Craig Ranch North

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

$1,167 - $2,300

1-3 Beds

Estates of McKinney

Estates of McKinney

7200 Welcome Blvd,
McKinney, TX 75071

$1,353 - $3,886

1-4 Beds

Cendana Craig Ranch

Cendana Craig Ranch

6121 Alma Rd,
McKinney, TX 75070

$1,539 - $2,919

1-3 Beds

The Waylon Apartments & Townhomes

The Waylon Apartments & Townhomes

3500 McKinney Ranch Pky,
McKinney, TX 75070

$1,170 - $3,245

Studio - 3 Beds

Property Management Companies in McKinney, TX

Greystar
Greystar
  • 3,449

    Communities

  • 950,965

    Units

  • 876

    Cities

10 Communities in Mckinney
ZRS Management
ZRS Management
  • 343

    Communities

  • 101,978

    Units

  • 136

    Cities

7 Communities in Mckinney
Willow Bridge
Willow Bridge
  • 717

    Communities

  • 198,224

    Units

  • 338

    Cities

5 Communities in Mckinney
Portico Property Management
Portico Property Management
  • 50

    Communities

  • 13,409

    Units

  • 26

    Cities

5 Communities in Mckinney
W3 Luxury Living
W3 Luxury Living
  • 16

    Communities

  • 6,858

    Units

  • 8

    Cities

5 Communities in Mckinney
RPM
RPM
  • 620

    Communities

  • 167,970

    Units

  • 244

    Cities

3 Communities in Mckinney
Pretium Partners, LLC
Pretium Partners, LLC
  • 305

    Communities

  • 87,651

    Units

  • 177

    Cities

3 Communities in Mckinney
RAM Partners
RAM Partners
  • 286

    Communities

  • 76,171

    Units

  • 167

    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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity