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Rental Market Trends in McKinney, TX

What is the average rent in Mckinney, TX?

$1,413/month

Average Rent

755 Sq Ft

Average Apartment Size

-2.2%

Decrease in the Last Year

As of June 2025, the average rent in Mckinney, TX is $1,413 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Mckinney rent prices are 13% lower than the national average. When you rent an apartment in Mckinney, you can expect to pay about $1,186 per month for a studio, $1,413 for a one-bedroom apartment, and around $1,858 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,569 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,186/month
516 Sq Ft
One Bedroom
$1,413/month
755 Sq Ft
Two Bedroom
$1,858/month
1,131 Sq Ft
Three Bedroom
$2,569/month
1,504 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,430/month
78 Sq Ft
Two Bedroom
$2,235/month
1,151 Sq Ft
Three Bedroom
$2,487/month
1,787 Sq Ft
Four Bedroom
$3,223/month
2,756 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,529/month
444 Sq Ft
Two Bedroom
$1,591/month
1,148 Sq Ft
Three Bedroom
$2,186/month
1,359 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,425/month
1,480 Sq Ft
Three Bedroom
$2,727/month
1,914 Sq Ft

How much has average rent changed in Mckinney, TX?

In the past year, rent has decreased by 2.2%, which averages out to $30 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Mckinney, TX
Last Updated June 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
33% $1,001 - $1,500/month
42% $1,501 - $2,000/month
23% 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
$1,144/month
628 Sq Ft
Wren Creek
$1,175/month
707 Sq Ft
Tucker Hill
$1,175/month
707 Sq Ft
Wynn Ridge Estates
$1,279/month
698 Sq Ft
Creek Hollow
$1,346/month
726 Sq Ft
Village Creek
$1,427/month
734 Sq Ft
Village Park
$1,550/month
761 Sq Ft
Eldorado Estates
$1,558/month
699 Sq Ft
Vista of Eldorado
$1,558/month
699 Sq Ft
Saddle Club
$1,558/month
829 Sq Ft

What are the most expensive neighborhoods in Mckinney?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Trinity Falls
$2,137/month
758 Sq Ft
Craig Ranch North
$1,846/month
796 Sq Ft
Downtown McKinney
$1,708/month
842 Sq Ft
Barcelona
$1,622/month
716 Sq Ft
Allen/McKinney
$1,607/month
769 Sq Ft
Eldorado Estates
$1,558/month
699 Sq Ft
Vista of Eldorado
$1,558/month
699 Sq Ft
Saddle Club
$1,558/month
829 Sq Ft
Village Park
$1,550/month
761 Sq Ft
Village Creek
$1,427/month
734 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
$1,607/month
769 Sq Ft
Craig Ranch North
$1,846/month
796 Sq Ft
Downtown McKinney
$1,708/month
842 Sq Ft
Trinity Falls
$2,137/month
758 Sq Ft
Barcelona
$1,622/month
716 Sq Ft
Village Creek
$1,427/month
734 Sq Ft
Wren Creek
$1,175/month
707 Sq Ft
Tucker Hill
$1,175/month
707 Sq Ft
Creek Hollow
$1,346/month
726 Sq Ft
Village Park
$1,550/month
761 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 4.5% less expensive than the national average, with rent falling between $1,186 - $2,569. You can expect to pay 2.6% less for groceries, 13.4% more for utilities, and 14.9% less for transportation.

City

Mckinney, TX

5,731 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 | $1,256 - $2,204

The Waylon Apartments & Townhomes

The Waylon Apartments & Townhomes

3500 McKinney Ranch Pky,
McKinney, TX 75070

Studio - 3 Beds | Call for Rent

Cendana Craig Ranch

Cendana Craig Ranch

6121 Alma Rd,
McKinney, TX 75070

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

Watterscape Urban Residential

Watterscape Urban Residential

930 Ridgeview Dr,
Allen, TX 75013

1-2 Beds | $1,299 - $2,295

Property Management Companies in McKinney, TX

Greystar
Greystar
  • 3,265

    Communities

  • 907,285

    Units

  • 843

    Cities

6 Communities in Mckinney
Willow Bridge
Willow Bridge
  • 704

    Communities

  • 191,440

    Units

  • 328

    Cities

6 Communities in Mckinney
ZRS Management
ZRS Management
  • 312

    Communities

  • 92,292

    Units

  • 130

    Cities

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

    Communities

  • 12,684

    Units

  • 27

    Cities

4 Communities in Mckinney
Cushman & Wakefield
Cushman & Wakefield
  • 545

    Communities

  • 127,429

    Units

  • 279

    Cities

3 Communities in Mckinney
RAM Partners
RAM Partners
  • 294

    Communities

  • 77,133

    Units

  • 169

    Cities

3 Communities in Mckinney
IRT Living
IRT Living
  • 86

    Communities

  • 26,428

    Units

  • 61

    Cities

3 Communities in Mckinney
Davis Development
Davis Development
  • 26

    Communities

  • 7,603

    Units

  • 23

    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