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Rental Market Trends in McKinney, TX

What is the average rent in Mckinney, TX?

$1,367/month

Average Rent

755 Sq Ft

Average Apartment Size

-4%

Decrease in the Last Year

As of January 2026, the average rent in Mckinney, TX is $1,367 per month. This is 16% lower than the national average rent of $1,624/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 $1,149 per month for a studio, $1,367 for a one-bedroom apartment, and around $1,774 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,402 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,149/month
512 Sq Ft
One Bedroom
$1,367/month
755 Sq Ft
Two Bedroom
$1,774/month
1,129 Sq Ft
Three Bedroom
$2,402/month
1,496 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,317/month
1,230 Sq Ft
Three Bedroom
$2,350/month
1,783 Sq Ft
Four Bedroom
$2,889/month
2,639 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,334/month
655 Sq Ft
Two Bedroom
$1,608/month
923 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,213/month
1,371 Sq Ft
Three Bedroom
$2,648/month
1,856 Sq Ft
Four Bedroom
$2,769/month
2,113 Sq Ft

How much has average rent changed in Mckinney, TX?

In the past year, rent has decreased by 4%, which averages out to $55 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Mckinney, TX
Last Updated January 2026
$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
38% $1,001 - $1,500/month
40% $1,501 - $2,000/month
19% 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, Wynn Ridge Estates and Barcelona are the most affordable neighborhoods in Mckinney.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Tucker Hill
$1,127/month
683 Sq Ft
Wynn Ridge Estates
$1,250/month
676 Sq Ft
Barcelona
$1,283/month
714 Sq Ft
Creek Hollow
$1,295/month
767 Sq Ft
Village Creek
$1,306/month
718 Sq Ft
Saddle Club
$1,317/month
831 Sq Ft
Waterbury
$1,326/month
808 Sq Ft
Eldorado Estates
$1,354/month
699 Sq Ft
Village Park
$1,470/month
838 Sq Ft
Allen/McKinney
$1,498/month
758 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
$1,788/month
748 Sq Ft
Craig Ranch North
$1,772/month
798 Sq Ft
Downtown McKinney
$1,706/month
848 Sq Ft
Fairway Village
$1,564/month
840 Sq Ft
Allen/McKinney
$1,498/month
758 Sq Ft
Village Park
$1,470/month
838 Sq Ft
Eldorado Estates
$1,354/month
699 Sq Ft
Waterbury
$1,326/month
808 Sq Ft
Saddle Club
$1,317/month
831 Sq Ft
Village Creek
$1,306/month
718 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 Trinity Falls .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Allen/McKinney
$1,498/month
758 Sq Ft
Craig Ranch North
$1,772/month
798 Sq Ft
Trinity Falls
$1,788/month
748 Sq Ft
Barcelona
$1,283/month
714 Sq Ft
Downtown McKinney
$1,706/month
848 Sq Ft
Creek Hollow
$1,295/month
767 Sq Ft
Village Creek
$1,306/month
718 Sq Ft
Tucker Hill
$1,127/month
683 Sq Ft
Eldorado Estates
$1,354/month
699 Sq Ft
Village Park
$1,470/month
838 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 $1,367, you’ll want to make about $4,556 per month or $54,672 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 $1,149 - $2,402. You can expect to pay 2.6% less for groceries, 13.1% more for utilities, and 15.0% less for transportation.

City

Mckinney, TX

5,831 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

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

$1,190 - $2,300

1-3 Beds

Estates of McKinney

Estates of McKinney

7200 Welcome Blvd,
McKinney, TX 75071

$1,320 - $3,693

1-4 Beds

Cendana Craig Ranch

Cendana Craig Ranch

6121 Alma Rd,
McKinney, TX 75070

$1,479 - $2,919

1-3 Beds

The Waylon Apartments & Townhomes

The Waylon Apartments & Townhomes

3500 McKinney Ranch Pky,
McKinney, TX 75070

$1,140 - $2,930

Studio - 3 Beds

Property Management Companies in McKinney, TX

Greystar
Greystar
  • 3,446

    Communities

  • 951,526

    Units

  • 887

    Cities

11 Communities in Mckinney
ZRS Management
ZRS Management
  • 339

    Communities

  • 100,624

    Units

  • 138

    Cities

7 Communities in Mckinney
Willow Bridge
Willow Bridge
  • 706

    Communities

  • 195,320

    Units

  • 339

    Cities

5 Communities in Mckinney
Portico Property Management
Portico Property Management
  • 53

    Communities

  • 13,882

    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

  • 169,464

    Units

  • 243

    Cities

4 Communities in Mckinney
RAM Partners
RAM Partners
  • 291

    Communities

  • 77,340

    Units

  • 168

    Cities

3 Communities in Mckinney
IRT Living
IRT Living
  • 94

    Communities

  • 28,358

    Units

  • 64

    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