Estates of McKinney
7200 Welcome Blvd,
McKinney, TX 75071
1-4 Beds | $1,366 - $6,466
Rental Market Trends in McKinney, TX
Updated July 2026
The average rent in McKinney, TX is $1,357/month.
Rent in McKinney is 18% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$1,357/month
Average Rent
755 Sq Ft
Average Size
-2.5%
Change / Year
7,102
Available Apartments
McKinney rent varies by unit size and layout:
- Studio apartments in McKinney average $1,135 per month.
- One-bedroom apartments in McKinney average $1,357 per month.
- Two-bedroom apartments in McKinney average $1,816 per month.
- Three-bedroom apartments in McKinney average $2,378 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in McKinney, TX?
In the past year, rent has decreased by 2.5%, which averages out to $33 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in McKinney, TX
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
1%
$700 - $1,000/month
40%
$1,001 - $1,500/month
38%
$1,501 - $2,000/month
19%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in McKinney?
Based on current rent prices, Anna/Melissa, Allen/McKinney and Downtown McKinney are the most affordable neighborhoods in McKinney.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in McKinney?
Based on current rent prices, Downtown McKinney, Allen/McKinney and Anna/Melissa are the most expensive neighborhoods in McKinney.
Neighborhood
Average Rent
Average Sq Ft
Which McKinney neighborhoods have the most rentals available?
The neighborhoods in McKinney with the most apartments available are Allen/McKinney, Anna/Melissa and Downtown McKinney .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in McKinney, TX?
Because the average rent in McKinney is $1,357, you’ll want to make about $4,523 per month or $54,276 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 2.8% lower than the national average. Generally, housing in McKinney is 4.6% less expensive than the national average, with rent falling between $1,135 - $2,378. You can expect to pay 2.8% less for groceries, 13.3% more for utilities, and 15.0% less for transportation.
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.
View the McKinney Area GuideStudio
$1,156/month
$1,342/month
One Bedroom
$1,360/month
$1,558/month
Two Bedroom
$1,834/month
$2,068/month
Three Bedroom
$2,493/month
$3,469/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in McKinney We Think You'll Love
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Frequently Asked Questions
What is the average rent in McKinney?
The average rent in McKinney is $1,357 per month, which is 18.4% lower than the national average of $1,662.
What is the average rent for a house in McKinney?
The average rent for a house in McKinney, TX is $2,395 per month.
What is the average rent for a townhome in McKinney?
The average rent for a townhome in McKinney, TX is $2,224 per month.
What is the average rent for a condo in McKinney?
The average rent for a condo in McKinney, TX is $1,131 per month.
Are rents going up or down in McKinney?
Rents in McKinney, TX are decreasing, with prices down 2.5% year-over-year and $33 less per month.
What rent range is most common in McKinney?
In McKinney, TX, 40% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.