Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

McKinney, TX Rental Market Trends

What is the average rent in McKinney?

The average rent for an apartment in McKinney is $1,361, a 5% increase compared to the previous year. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Dallas, TX.

Average Rent in McKinney, TX

Last updated May 2021

Average Rent	Y-o-Y Change	Average Apartment Size
$1,361	5%	937 sq. ft.

What is the average apartment size in McKinney?

The average size for a McKinney, TX apartment is 937 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

McKinney, TX Apartment Rent Ranges

$701-$1,0008%
$1,001-$1,50064%
$1,501-$2,00024%
> $2,0003%

McKinney, TX Occupied Housing Units

Renter-occupied Households23%
Owner-occupied Households76%

14,908 or 23% of the households in McKinney, TX are renter-occupied while 47,668 or 76% are owner-occupied.

McKinney, TX Rent Trends

Average Rent	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Mar / 2021	May / 2021
McKinney, TX	$1,206	$1,236	$1,233	$1,248	$1,262	$1,277	$1,301	$1,296	$1,296	$1,326	$1,361
National	$1,314	$1,345	$1,354	$1,358	$1,390	$1,397	$1,400	$1,392	$1,396	$1,407	$1,428

Access comprehensive real estate data and information on Yardi Matrix

How McKinney Compares to Other Cities

	Average Rent	Y-o-Y Change
Houston	$1,132	2%
Dallas	$1,276	2%
Austin	$1,431	1%
San Antonio	$1,077	3%
Fort Worth	$1,209	6%
Irving	$1,220	2%
Plano	$1,409	4%
Arlington	$1,104	5%
Denton	$1,262	3%
McKinney	$1,361	5%
Grand Prairie	$1,233	7%

Cypress Apartments

$1,248 - $1,733

1-3 Beds
1-2 Baths
678 - 1,292 Sq.Ft.

Bexley Lake Forest

$1,154 - $2,285

1-3 Beds
1-3 Baths
649 - 1,981 Sq.Ft.

St. Paul's Square At Adriatica Village

$1,300 - $3,386

1-3 Beds
1-2 Baths
735 - 2,073 Sq.Ft.

The Adley Craig Ranch Apartment Homes

$1,295 - $3,568

1-3 Beds
1-2 Baths
661 - 1,540 Sq.Ft.

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all McKinney apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.