Average Rent in McKinney, TX

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Current Versus Historical McKinney, TX Rents

McKinney rentals average $1,099 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 November 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $1,215 (-55.09%) year-over-year from $2,206 to $991. 1-bedroom rentals prices have increased by $386 (25.88%) year-over-year from $1,490 to $1,876. 2-bedroom rentals prices have increased by $53 (2.70%) year-over-year from $1,945 to $1,998. 3-bedroom rentals prices have increased by $28 (1.22%) year-over-year from $2,317 to $2,345. 4-bedroom rentals prices have decreased by $14 (-0.51%) year-over-year from $2,764 to $2,750. 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 down by 25.59% this month. 1-bedroom rents have gone up by 12.88% this month. 2-bedroom rents have gone down by 4.20% this month. 3-bedroom rents have gone up by 1.15% this month. 4-bedroom rents have gone up by 0.67% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$0.11	$991	$2,206 (-55.09%)	$1,230 (-19.40%)
1 BR	$2.36	$1,876	$1,490 (25.88%)	$1,411 (33.00%)
2 BR	$1.81	$1,998	$1,945 (2.70%)	$1,819 (9.79%)
3 BR	$1.32	$2,345	$2,317 (1.22%)	$2,232 (5.08%)
4+ BR	$1.06	$2,750	$2,764 (-0.51%)	$2,773 (-0.84%)

Historical Rents in McKinney, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near McKinney

There are a total of 13 cities nearby McKinney. The average rent in McKinney is currently $2,500 per month. A total of 7 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 $2,900 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 132.03% more affordable than other cities nearby. One bedrooms are about 35.71% more expensive. Two bedrooms in McKinney, TX are about 10.53% more expensive. Finally, rent for three bedrooms are about 2.13% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near McKinney, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Princeton, TX	N/A	N/A	$1,650	$2,000
Anna, TX	N/A	N/A	N/A	$2,193
The Colony, TX	$463	N/A	$1,600	$2,350
Celina, TX	$4,933	$1,404	$1,600	$2,400
Little Elm, TX	$2,650	N/A	N/A	$2,400
Wylie, TX	$1,500	N/A	$1,800	$2,475
Melissa, TX	N/A	N/A	N/A	$2,525
Allen, TX	$2,800	$1,360	$1,700	$2,600
Plano, TX	$2,550	$1,350	$1,995	$2,695
Frisco, TX	$3,028	$1,613	$2,395	$2,900

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, Nevada, TX, and Anna, TX. The average rent for rentals in these counties is $2,600. 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 $2,060. Vice versa, with an average rent of $2,900, Celina, TX is the most expensive county by McKinney, TX.

Typically, rent for studios in McKinney, TX is 132.03% more affordable than other counties nearby. In comparison, rent for one bedroom listings in McKinney, TX is 35.71% more expensive than other counties nearby. Finally, rent for two bedrooms in McKinney, TX is 10.05% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Princeton, TX	$2,214	N/A	$1,800	$2,060
Nevada, TX	$2,550	N/A	N/A	$2,200
Anna, TX	$2,900	$1,725	$2,456	$2,325
Pilot Point-Aubrey, TX	$2,700	$1,350	$2,127	$2,495
McKinney, TX	$2,000	$1,678	$2,100	$2,600
Plano, TX	$1,825	$1,373	$1,975	$2,650
Northwest Rockwall, Rockwall, TX	$5,035	N/A	$2,700	$2,700
Carrollton, Lewisville, TX	$1,600	$1,605	$2,300	$2,735
The Colony, TX	$2,990	N/A	$2,025	$2,800
Celina, TX	$3,748	$1,538	$2,091	$2,900

Top Zipcodes Near McKinney

There are a total of 16 zipcodes in or near McKinney, TX. The average rent for all of these zipcodes is $2,573. A total of 5 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 $2,295 per month. In comparison, the zipcode with the most expensive average rent of $2,990 per month is 75034, Frisco, TX.

Studios in these zipcodes have an average rent of $2,160. 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 $1,189 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,150 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	$1,976	$1,995	$2,100	$2,595
75034, Frisco, TX	$3,028	$1,665	$2,398	$2,990
75035, Frisco, TX	$2,000	$1,504	$2,200	$2,800
75098, Wylie, TX	$1,750	N/A	$1,800	$2,500
75023, Plano, TX	$2,220	N/A	$1,895	$2,400
75056, Lewisville, TX	$463	$1,595	$2,200	$2,598
75024, Plano, TX	$2,100	N/A	$2,325	$2,973
75074, Plano, TX	$3,500	$1,373	$1,700	$2,295
75080, Richardson, TX	$4,000	N/A	$1,700	$2,550
75069, Plano, TX	$444	N/A	$1,795	$2,295

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 $1,099 and an average price per square feet of $0.11. There are a total of 25 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 $2,100 and an average price per square feet of $2.36. There are a total of 13 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 $1,900 and an average price per square feet of $1.81. There are a total of 23 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 -0.55%, one bedroom rental prices have changed by 0.26%, two bedroom rental prices have changed by 0.03%, 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.