Average Rent in McKinney, TX

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Current Versus Historical McKinney, TX Rents

McKinney rentals average $867 for a studio rental to $2,700 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 January 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $688 (50.51%) year-over-year from $1,362 to $2,050. 1-bedroom rentals prices have increased by $407 (28.18%) year-over-year from $1,443 to $1,850. 2-bedroom rentals prices have increased by $572 (29.80%) year-over-year from $1,918 to $2,490. 3-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,350 to $2,350. 4-bedroom rentals prices have decreased by $72 (-2.54%) year-over-year from $2,822 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 up by 37.66% this month. 1-bedroom rents have gone up by 6.40% this month. 2-bedroom rents have gone up by 16.95% this month. 3-bedroom rents have gone up by 1.59% this month. 4-bedroom rents have gone up by 1.29% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.01 $2,050 $1,362 (50.51%) $1,230 (66.69%)
1 BR $2.13 $1,850 $1,443 (28.18%) $1,666 (11.06%)
2 BR $1.87 $2,490 $1,918 (29.80%) $1,975 (26.08%)
3 BR $1.34 $2,350 $2,350 (0.00%) $2,342 (0.36%)
4+ BR $1.12 $2,750 $2,822 (-2.54%) $2,783 (-1.19%)

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 $2,499 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 $2,897 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 176.98% more affordable than other cities nearby. One bedrooms are about 32.67% more expensive. Two bedrooms in McKinney, TX are about 21.24% more expensive. Finally, rent for three bedrooms are about 0.98% more affordable. 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 $27 N/A $1,600 $2,000
Anna, TX N/A N/A N/A $2,195
The Colony, TX $27 N/A $1,550 $2,300
Melissa, TX N/A $1,461 $1,738 $2,349
Little Elm, TX $2,675 N/A N/A $2,395
Wylie, TX N/A N/A N/A $2,400
Celina, TX $5,843 $1,075 $1,550 $2,499
Allen, TX $3,075 $1,350 $1,650 $2,600
Plano, TX $2,249 $1,618 $1,995 $2,700
Frisco, TX $2,882 $1,552 $2,376 $2,897

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 $2,550. 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 $2,805, Celina, TX is the most expensive county by McKinney, TX.

Typically, rent for studios in McKinney, TX is 188.52% more affordable than other counties nearby. In comparison, rent for one bedroom listings in McKinney, TX is 36.41% more expensive than other counties nearby. Finally, rent for two bedrooms in McKinney, TX is 4.77% 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 $1,575 $2,060
Anna, TX $1,508 $1,602 $1,779 $2,299
Nevada, TX $2,550 N/A N/A $2,350
Pilot Point-Aubrey, TX $2,800 $1,275 $2,398 $2,495
McKinney, TX $1,099 $1,564 $2,284 $2,550
Northwest Rockwall, Rockwall, TX $2,500 N/A $2,675 $2,600
Plano, TX $1,925 $1,397 $1,995 $2,650
Carrollton, Lewisville, TX $3,500 $1,620 $2,300 $2,750
The Colony, TX $2,670 N/A $1,998 $2,765
Celina, TX $3,700 $1,671 $1,800 $2,805

Top Zipcodes Near McKinney

There are a total of 14 zipcodes in or near McKinney, TX. The average rent for all of these zipcodes is $2,506. 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 $2,250 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 $1,811. 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 $1,507 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,273 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 $2,226 $2,005 $2,435 $2,550
75034, Frisco, TX $2,985 $1,585 $2,375 $2,900
75035, Frisco, TX $799 $1,490 $2,536 $2,799
75098, Wylie, TX $795 N/A N/A $2,500
75023, Plano, TX N/A N/A $1,787 $2,513
75056, Lewisville, TX $26 $1,525 $1,915 $2,373
75024, Plano, TX $2,100 $2,430 $5,175 $3,100
75074, Plano, TX $2,000 N/A $1,650 $2,250
75080, Richardson, TX $3,710 $1,560 $1,650 $2,495
75069, Plano, TX $26 N/A $2,195 $2,370

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 $867 and an average price per square feet of $0.01. There are a total of 26 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 $2,005 and an average price per square feet of $2.13. There are a total of 14 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 $2,095 and an average price per square feet of $1.87. 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 0.51%, one bedroom rental prices have changed by 0.28%, two bedroom rental prices have changed by 0.30%, and three bedroom rental prices have changed by 0.00% 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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