Estates of McKinney
7200 Welcome Blvd,
McKinney, TX 75071
$1,456 - $6,318 Total Monthly Price
1-4 Beds
Rental Market Trends in McKinney, TX
What is the average rent in McKinney, TX?
$1,367/month
Average Rent
754 Sq Ft
Average Apartment Size
-3.9%
Decrease in the Last Year
As of June 2026, the average rent in McKinney, TX is $1,367 per month. This is 17% lower than the national average rent of $1,644/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 $1,141 per month for a studio, $1,367 for a one-bedroom apartment, and around $1,812 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,393 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in McKinney, TX?
In the past year, rent has decreased by 3.9%, which averages out to $53 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 2026
Legend
2025
2026
Rent Ranges in McKinney, TX
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
2%
$700 - $1,000/month
42%
$1,001 - $1,500/month
35%
$1,501 - $2,000/month
19%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
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 $1,367, 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 2.9% lower than the national average. Generally, housing in McKinney is 4.6% less expensive than the national average, with rent falling between $1,141 - $2,393. You can expect to pay 2.8% less for groceries, 13.0% 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.
Studio
$1,242/month
$1,363/month
One Bedroom
$1,354/month
$1,549/month
Two Bedroom
$1,823/month
$2,081/month
Three Bedroom
$2,481/month
$3,455/month
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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.