Average Rent in McKinney, TX

Current Versus Historical McKinney, TX Rents

McKinney rentals average $2,900 for a studio rental to $2,775 for a 4-bedroom rental. The median price of all currently available listings is $2,600, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have increased by $1,628 (127.96%) year-over-year from $1,272 to $2,900. 1-bedroom rentals prices have decreased by $102 (-6.15%) year-over-year from $1,662 to $1,560. 2-bedroom rentals prices have decreased by $75 (-3.66%) year-over-year from $2,050 to $1,975. 3-bedroom rentals prices have increased by $99 (4.22%) year-over-year from $2,351 to $2,450. 4-bedroom rentals prices have decreased by $33 (-1.15%) year-over-year from $2,833 to $2,800. 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 68.93% this month. 1-bedroom rents have gone up by 1.52% this month. 2-bedroom rents have gone down by 0.84% this month. 3-bedroom rents have gone up by 1.20% this month. 4-bedroom rents have gone down by 1.44% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.18	$2,900	$1,272 (127.96%)	$1,230 (135.87%)
1 BR	$2.16	$1,560	$1,662 (-6.15%)	$1,522 (2.49%)
2 BR	$1.58	$1,975	$2,050 (-3.66%)	$1,902 (3.83%)
3 BR	$1.34	$2,450	$2,351 (4.22%)	$2,008 (21.99%)
4+ BR	$1.14	$2,800	$2,833 (-1.15%)	$2,403 (16.50%)

Historical Rents in McKinney, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near McKinney

There are a total of 11 cities nearby McKinney. The average rent in McKinney is currently $2,400 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Addison, TX, with an average rent of $1,533, is the most affordable city nearby. In contrast, the most expensive city near McKinney, TX is Allen, TX. Monthly rents here are on average $2,700 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 19.40% more expensive than other cities nearby. One bedrooms are about 20.55% more expensive. Two bedrooms in McKinney, TX are about 2.53% more affordable. Finally, rent for three bedrooms are about 1.96% more affordable. Want more information? Check out the top 10 cities out of 11 total cities near McKinney, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Addison, TX	$1,062	$1,448	$2,173	$1,533
Princeton, TX	N/A	N/A	N/A	$2,100
Anna, TX	N/A	N/A	N/A	$2,250
Wylie, TX	$599	$1,375	$1,668	$2,400
Little Elm, TX	$2,695	N/A	N/A	$2,400
Richardson, TX	$2,970	$1,512	$2,222	$2,400
Plano, TX	$2,380	$1,289	$2,195	$2,650
Carrollton, TX	$2,338	$1,554	$2,104	$2,650
Allen, TX	$3,000	N/A	$1,950	$2,700
Frisco, TX	$2,900	$1,331	$2,228	$2,700

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, Northeast Rockwall, TX, and Anna, TX. The average rent for rentals in these counties is $2,550. That's roughly around $1 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Princeton, TX. It's average rent per month is $2,100. Vice versa, with an average rent of $2,950, Celina, TX is the most expensive county by McKinney, TX.

Typically, rent for studios in McKinney, TX is 7.07% more expensive than other counties nearby. Finally, rent for two bedrooms in McKinney, TX is 10.89% 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	$4,400	N/A	$1,373	$2,100
Northeast Rockwall, TX	$23	N/A	$1,650	$2,295
Anna, TX	N/A	N/A	$2,214	$2,350
Plano, TX	$1,318	$1,361	$2,190	$2,550
Pilot Point-Aubrey, TX	$2,695	N/A	$2,300	$2,550
McKinney, TX	$2,900	$1,343	$2,018	$2,600
Carrollton, Lewisville, TX	$2,650	$1,549	$2,140	$2,700
The Colony, TX	$2,900	N/A	$2,538	$2,795
Celina, TX	$2,999	$1,679	$2,257	$2,950

Top Zipcodes Near McKinney

There are a total of 22 zipcodes in or near McKinney, TX. The average rent for all of these zipcodes is $2,500. A total of 16 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 75001, Addison, TX at $1,531 per month. In comparison, the zipcode with the most expensive average rent of $3,200 per month is 75078, Prosper, TX.

Studios in these zipcodes have an average rent of $2,440. 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 $563 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,124 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
75001, Addison, TX	$1,062	$1,448	$2,168	$1,531
75034, Frisco, TX	$2,499	$1,331	$2,235	$2,364
75071, Anna, TX	$2,346	$1,725	$2,235	$2,500
75070, McKinney, TX	$2,900	$1,560	$2,300	$2,700
75068, Pilot Point-Aubrey, TX	$2,695	N/A	N/A	$2,550
76227, Pilot Point-Aubrey, TX	$1,700	N/A	$2,250	$2,400
75035, Frisco, TX	$3,250	N/A	N/A	$2,995
75024, Plano, TX	$2,380	$1,289	$2,163	$1,939
75407, Princeton, TX	$4,700	N/A	$1,373	$2,100
75409, Anna, TX	N/A	N/A	N/A	$2,263

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 $2,600. 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 $2,900 and an average price per square feet of $2.18. There are a total of 35 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 $1,623 and an average price per square feet of $2.16. There are a total of 6 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 $1,975 and an average price per square feet of $1.58. There are a total of 17 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 1.28%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by 0.04% year-over-year.

What is a reasonable rent price in McKinney, TX?

A reasonable rent price in McKinney, TX is around $2,080/month. You can search for these reasonably priced rental listings on RentHop.