Average Rent in McKinney, TX

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Current Versus Historical McKinney, TX Rents

McKinney rentals average $1,451 for a studio rental to $2,750 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $1 per square feet.
For the apartment units and housing in February 2025, median rents have risen over the last year. Studio rentals prices have increased by $1,775 (157.78%) year-over-year from $1,125 to $2,900. 1-bedroom rentals prices have increased by $90 (5.50%) year-over-year from $1,635 to $1,725. 2-bedroom rentals prices have increased by $242 (12.37%) year-over-year from $1,958 to $2,200. 3-bedroom rentals prices have decreased by $22 (-0.92%) year-over-year from $2,367 to $2,345. 4-bedroom rentals prices have decreased by $157 (-5.49%) year-over-year from $2,856 to $2,699. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 83.58% this month. 1-bedroom rents have gone up by 1.65% this month. 2-bedroom rents have gone up by 0.43% this month. 3-bedroom rents have gone down by 0.07% this month. 4-bedroom rents have gone down by 1.18% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.01 $2,900 $1,125 (157.78%) $1,230 (135.87%)
1 BR $2.08 $1,725 $1,635 (5.50%) $1,859 (-7.21%)
2 BR $1.88 $2,200 $1,958 (12.37%) $2,045 (7.56%)
3 BR $1.38 $2,345 $2,367 (-0.92%) $2,368 (-0.99%)
4+ BR $1.13 $2,699 $2,856 (-5.49%) $2,800 (-3.60%)

Historical Rents in McKinney, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near McKinney

There are a total of 12 cities nearby McKinney. The average rent in McKinney is currently $2,446 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Princeton, TX, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near McKinney, TX is Frisco, TX. Monthly rents here are on average $2,950 per month.

Let's compare McKinney, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in McKinney, TX is 55.07% more affordable than other cities nearby. One bedrooms are about 27.16% more expensive. Two bedrooms in McKinney, TX are about 25.69% more expensive. Finally, rent for three bedrooms are about 2.59% more affordable. Want more information? Check out the top 10 cities out of 12 total cities near McKinney, TX in the following chart.
City Studio 1 Bed 2 Bed All
Princeton, TX $27 N/A $1,525 $2,000
Anna, TX N/A N/A N/A $2,195
The Colony, TX $27 N/A $1,625 $2,290
Melissa, TX N/A $1,335 $1,750 $2,300
Little Elm, TX $2,675 N/A N/A $2,375
Wylie, TX $1,186 N/A N/A $2,393
Richardson, TX $3,710 $1,628 $1,823 $2,500
Allen, TX $3,000 $1,360 $1,595 $2,600
Plano, TX $2,000 $1,599 $2,260 $2,735
Frisco, TX $2,815 $1,626 $2,445 $2,950

Top Neighborhoods Near McKinney



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near McKinney

Some of these counties include Princeton, TX, Anna, TX, and Nevada, TX. The average rent for rentals in these counties is $2,568. That's roughly around $1 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Princeton, TX. It's average rent per month is $2,045. Vice versa, with an average rent of $2,894, Celina, TX is the most expensive county by McKinney, TX.

Typically, rent for studios in McKinney, TX is 44.73% more affordable than other counties nearby. In comparison, rent for one bedroom listings in McKinney, TX is 25.95% more expensive than other counties nearby. Finally, rent for two bedrooms in McKinney, TX is 21.00% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Princeton, TX $23 N/A $1,525 $2,045
Anna, TX $1,258 $1,370 $1,794 $2,300
Nevada, TX $2,550 N/A N/A $2,350
Pilot Point-Aubrey, TX $2,675 $1,388 $1,400 $2,499
Northwest Rockwall, Rockwall, TX $2,500 N/A $2,650 $2,568
McKinney, TX $1,813 $1,635 $2,284 $2,600
Plano, TX $2,100 $1,400 $2,167 $2,650
The Colony, TX $2,725 N/A $1,700 $2,800
Carrollton, Lewisville, TX $700 $1,620 $2,330 $2,800
Celina, TX $3,500 $1,395 $1,375 $2,894

Top Zipcodes Near McKinney

There are a total of 15 zipcodes in or near McKinney, TX. The average rent for all of these zipcodes is $2,523. A total of 7 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75074, Plano, TX at $2,250 per month. In comparison, the zipcode with the most expensive average rent of $3,100 per month is 75024, Plano, TX.

Studios in these zipcodes have an average rent of $2,000. That's at least $1 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near McKinney, TX is $1,263 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,060 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in McKinney, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75070, McKinney, TX $2,950 $1,880 $2,395 $2,600
75034, Frisco, TX $2,815 $1,640 $2,495 $2,900
75035, Frisco, TX $1,897 $1,519 $2,276 $2,825
75098, Wylie, TX $2,950 N/A N/A $2,450
75023, Plano, TX N/A $1,138 $1,785 $2,500
75056, Lewisville, TX $26 $1,520 $2,060 $2,523
75024, Plano, TX $1,151 $2,565 $2,995 $3,100
75074, Plano, TX $2,000 N/A $1,738 $2,250
75080, Richardson, TX $3,425 N/A $1,648 $2,425
75069, Plano, TX $22 $1,273 $1,850 $2,425

Frequently Asked Questions - McKinney Average Rents

What is the average rent price in McKinney, TX?
The average monthly rental price for McKinney, TX apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do McKinney, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in McKinney, TX.
How much is a studio apartment in McKinney, TX?
The average monthly rental price for studio apartments is $1,451 and an average price per square feet of $0.01. There are a total of 27 studio apartment listings currently available for rent in McKinney.
How much is a one bedroom apartment in McKinney, TX?
The average monthly rental price for one bedroom apartments is $1,850 and an average price per square feet of $2.08. There are a total of 17 one bedroom apartment listings currently available for rent in McKinney.
How much is a two bedroom apartment in McKinney, TX?
The average monthly rental price for two bedroom apartments is $2,271 and an average price per square feet of $1.88. There are a total of 22 two bedroom apartment listings currently available for rent in McKinney.
How have rent prices in McKinney, TX changed this year?
Rent prices for rentals in McKinney, TX can fluctuate yearly. Specifically, studio rental prices have changed by 1.58%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in McKinney, TX?
A reasonable rent price in McKinney, TX is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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