McKinney, TX Rental Market Trends
Highlights
The average rent for an apartment in McKinney is $1,291, a 3% increase compared to the previous year.
Average Rent in McKinney, TX
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,291 | 3% | 934 sq. ft. |
The average size for a McKinney, TX apartment is 934 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-$1,00011%
- $1,001-$1,50069%
- $1,501-$2,00019%
- > $2,0001%
McKinney, TX Occupied Housing Units
- Renter-occupied Households23%
- Owner-occupied Households76%
14,020 or 23% of the households in McKinney, TX are renter-occupied while 45,560 or 76% are owner-occupied.
McKinney, TX Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| McKinney, TX | $1,202 | $1,189 | $1,228 | $1,223 | $1,206 | $1,236 | $1,233 | $1,248 | $1,262 | $1,277 | $1,291 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How McKinney Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Houston | $1,118 | 2% |
| Dallas | $1,250 | 4% |
| Austin | $1,439 | 5% |
| San Antonio | $1,049 | 3% |
| Fort Worth | $1,128 | 3% |
| Irving | $1,206 | 5% |
| Arlington | $1,046 | 3% |
| Plano | $1,355 | 6% |
| Denton | $1,209 | n/a |
| Grand Prairie | $1,129 | 3% |
| McKinney | $1,291 | 3% |
For more information about the McKinney rental trends, check out our monthly rent report
Check out Texas Cities, Texas Neighborhoods and Texas Zip Codes for more details on verified listings, including the Texas Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!