Downtown McKinney, McKinney, TX Rental Market Trends
Last updated: April 12, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown McKinney is $1,675, a 0.85% increase compared to the previous year, when the average rent was $1,661.
Studio Apartments at $1,138 offer the most budget-friendly option with 450 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 755 square feet for $1,393, balancing privacy and affordability.
Two-beedroom units at $1,723 offer 1,070 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,429 sq ft) for $2,822, suitable for larger households.
Average rent in Downtown McKinney, McKinney, TX
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,675 | 934 sq. ft. |
| Studio | $1,138 | 450 sq. ft. |
| 1 Bed | $1,393 | 755 sq. ft. |
| 2 Beds | $1,723 | 1,070 sq. ft. |
| 3 Beds | $2,822 | 1,429 sq. ft. |
Downtown McKinney, McKinney, TX rent trends
Rental prices in Downtown McKinney, McKinney, TX have increased by 0.85% over the past year. The average rent moved from $1,661 to $1,675.
What's the typical rent budget in Downtown McKinney, McKinney, TX?
The largest share of rentals in Downtown McKinney, McKinney, TX (47%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown McKinney, McKinney, TX?
1,520 or 41% of the households in Downtown McKinney, McKinney, TX are renter-occupied while 2,178 or 59% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown McKinney apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.