Average Rent in McKinney, TX

Home » TX » McKinney

Current Versus Historical McKinney, TX Rents

McKinney rentals average $991 for a studio rental to $2,750 for a 4-bedroom rental. The median price of all currently available listings is $2,499, or roughly $1 per square feet.

For the apartment units and housing in December 2024, median rents have risen over the last year. Studio rentals prices have decreased by $65 (-3.54%) year-over-year from $1,835 to $1,770. 1-bedroom rentals prices have increased by $127 (7.61%) year-over-year from $1,670 to $1,798. 2-bedroom rentals prices have decreased by $18 (-0.96%) year-over-year from $1,918 to $1,900. 3-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,300 to $2,300. 4-bedroom rentals prices have decreased by $63 (-2.26%) year-over-year from $2,763 to $2,700. 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 8.66% this month. 1-bedroom rents have gone up by 9.99% this month. 2-bedroom rents have gone down by 2.77% this month. 3-bedroom rents have gone up by 0.29% this month. 4-bedroom rents have gone down by 0.55% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$0.01	$1,770	$1,835 (-3.54%)	$1,230 (43.96%)
1 BR	$2.08	$1,798	$1,670 (7.61%)	$1,672 (7.54%)
2 BR	$1.87	$1,900	$1,918 (-0.96%)	$2,053 (-7.44%)
3 BR	$1.32	$2,300	$2,300 (0.00%)	$2,267 (1.47%)
4+ BR	$1.12	$2,700	$2,763 (-2.26%)	$2,842 (-4.99%)

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 $2,500 per month. A total of 5 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 172.45% more affordable than other cities nearby. One bedrooms are about 37.79% more expensive. Two bedrooms in McKinney, TX are about 10.39% more expensive. Finally, rent for three bedrooms are about 2.55% 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	$614	N/A	$1,675	$2,000
Anna, TX	N/A	N/A	$2,695	$2,195
Little Elm, TX	$2,700	N/A	N/A	$2,400
The Colony, TX	$463	N/A	$1,600	$2,400
Wylie, TX	$1,011	N/A	N/A	$2,497
Allen, TX	$3,000	$1,360	$1,665	$2,500
Richardson, TX	$3,855	$1,570	$1,990	$2,500
Celina, TX	$4,933	$1,376	$1,600	$2,625
Plano, TX	$2,700	$1,318	$2,065	$2,700
Frisco, TX	$2,985	$1,656	$2,185	$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, Anna, TX, and Nevada, TX. The average rent for rentals in these counties is $2,500. 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 $2,050. Vice versa, with an average rent of $2,990, Celina, TX is the most expensive county by McKinney, TX.

Typically, rent for studios in McKinney, TX is 162.36% more affordable than other counties nearby. In comparison, rent for one bedroom listings in McKinney, TX is 39.29% more expensive than other counties nearby. Finally, rent for two bedrooms in McKinney, TX is 0.98% 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	$1,200	N/A	$1,675	$2,050
Anna, TX	$3,000	$1,725	$2,500	$2,300
Nevada, TX	$2,550	N/A	N/A	$2,350
Pilot Point-Aubrey, TX	$2,925	$1,275	$2,750	$2,495
Northwest Rockwall, Rockwall, TX	$3,768	N/A	$2,450	$2,500
McKinney, TX	$1,860	$1,663	$2,126	$2,595
Plano, TX	$2,000	$1,370	$1,990	$2,650
Carrollton, Lewisville, TX	$2,600	$1,640	$2,300	$2,730
The Colony, TX	$2,830	N/A	$2,025	$2,850
Celina, TX	$4,150	$1,588	$1,870	$2,990

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 $2,550. A total of 3 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 $3,125 per month is 75024, Plano, TX.

Studios in these zipcodes have an average rent of $2,288. 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 $1,314 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,187 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	$2,500	$2,100	$2,098	$2,540
75034, Frisco, TX	$2,985	$1,663	$2,185	$2,900
75035, Frisco, TX	$2,000	$1,531	$2,188	$2,800
75098, Wylie, TX	$2,000	N/A	N/A	$2,550
75023, Plano, TX	$2,070	N/A	$1,980	$2,513
75056, Lewisville, TX	$25	$1,535	$1,968	$2,550
75024, Plano, TX	$2,100	N/A	$2,300	$3,125
75074, Plano, TX	$4,500	N/A	$1,700	$2,250
75080, Richardson, TX	$3,425	$1,570	$1,773	$2,500
75069, Plano, TX	$30	$1,345	$2,300	$2,345

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 $2,499. 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 $991 and an average price per square feet of $0.01. There are a total of 28 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 $2.08. There are a total of 11 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 $2,045 and an average price per square feet of $1.87. There are a total of 18 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 -0.04%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by -0.01%, 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 $1,999/month. You can search for these reasonably priced rental listings on RentHop.