RentDataNowRentDataNow
City Report · TX

Mckinney

Pop. 210,600·86th most expensive in Texas·McKinney rents are up 7.4% over the past year
Median rent (all units)
$1,806/mo
Year-over-Year
+7.4%
Month-over-Month
-0.7%
vs US Median
-$156
Falling (Monthly)
Be the first to discuss Mckinney rents ↓
Most AffordableMost Expensive
Mckinney · $1,806
More affordable than 53% of US cities · National median $1,962/mo
Rent Reality Score
70/100
Good value
OverheatedFairGreat value

Rents are 10% below what Mckinney's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,806/mo
Expected by trend
$2,004/mo
The Rent Reality Score compares today's median rent to where Mckinney's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,364
1 BR
$1,430
2 BR
$1,678
3 BR
$2,104
4 BR+
$2,702
Research median
$1,678/mo

Bedroom figures are derived from HUD Fair Market Rents and scaled to match Mckinney's market median, because the published HUD values all ran above it. They are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: August 17, 2026

Annual cost
$21,672/yr
At $1,806/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.4% YoY, -0.7% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Mckinney, TX is majority owner-occupied, has a large share of families with children, has a median income above the national average, 54.1% of residents hold a bachelor's degree or higher.

Population
210,600
Median income
$124,215
Median age
36.9
Renters
36.2%
Age distribution
26.2%
20.7%
32.1%
Under 1826.2%
18–3420.7%
35–5432.1%
55–6410.6%
65+10.3%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
56.5%
12.3%
17.2%
14.5%
White56.5%
Black12.3%
Hispanic17.2%
Asian14.5%
Education (25+)
15%
26.2%
54.1%
No HS diploma4.8%
HS diploma15%
Some college26.2%
Bachelor's+54.1%
Housing tenure
63.8%
36.2%
Owner63.8%
Renter36.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Mckinney, TX has changed in 5 years

Rent
$1,434 → $1,806
up 25.9%
Income
$106,437 → $124,215
up 16.7%
Population
189,394 → 210,600
up 11.2%
Renter share
35.1% → 36.2%
+1.1 pts
Bachelor's+
51.3% → 54.1%
+2.8 pts

Five years ago, renters in Mckinney, TX paid around $1,434 a month. That figure now sits near $1,806, up 25.9% from the 2021 baseline. On the earnings side, the typical household in Mckinney, TX now reports about $124,215, up from $106,437 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Mckinney, TX adding about 21,206 residents over the five-year window, up 11.2% on net. Bachelor's-degree-or-higher attainment moved from 51.3% to 54.1% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Mckinney, TX reflects that arc in its own way.

Community

Discussions about Mckinney

No discussions yet. Start the conversation.

View Mckinney rent history (2015–2026) →
Salary vs rent

Can you afford rent in Mckinney on your salary?

At $1,806/mo, how Mckinney rent compares to typical pay (30% rule).

By apartment size

Mckinney rent by bedroom count

Median rent for each apartment size in Mckinney. Click any size for full breakdown.

Local insights

Tips for renters in Mckinney

About renting in Mckinney, TX

Last updated: August 17, 2026

The median rent in Mckinney is $1,806/mo as of August 2026. A studio apartment averages $1,364/mo while a 2-bedroom runs $1,678/mo. One-bedroom apartments average $1,430/mo and 3-bedroom units go for $2,104/mo.

At 17% of local median household income ($124,215/yr), Mckinney ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.4% over the past year.

FAQ

Frequently asked questions

Is Mckinney an affordable city for renters?

Mckinney is considered very affordable for renters. At $1,806/mo, rent takes approximately 17% of the local median household income ($124,215/yr). The standard benchmark is 30%. Mckinney falls comfortably within that range.

How much income do you need to rent in Mckinney?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (~$35/hour full-time) to afford the median rent of $1,806/mo in Mckinney. The local median household income is $124,215/yr, meaning the typical Mckinney household meets that threshold.

Is rent going up or down in Mckinney?

Rent in Mckinney has increased 7.4% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Mckinney neighborhoods have the lowest rent?

The most affordable ZIP codes in Mckinney are 75069 ($1,582/mo), 75070 ($1,672/mo), and 75071 ($2,118/mo). Citywide, the median rent in Mckinney is $1,806/mo.

How does Mckinney rent compare to other cities in Texas?

Mckinney is one of the pricier cities in Texas for rent, ranking #86 out of 267 tracked cities at $1,806/mo.

Which nearby cities are cheaper to rent in than Mckinney?

Several nearby cities have lower median rents than Mckinney ($1,806/mo): Fairview ($1,656/mo), Allen ($1,703/mo).

What percentage of Mckinney residents rent vs. own?

According to Census data, approximately 36.2% of Mckinney households are renters, while 63.8% are owner-occupied. Mckinney leans toward homeownership, which can mean a smaller rental inventory.

How does Mckinney rent compare to the national average?

Mckinney's median rent of $1,806/mo is $156 (8%) below the US national median of $1,962/mo. Within Texas, it ranks #86 out of 267 tracked cities.
Income Affordability
17%
VERY AFFORDABLE

At $1,806/mo, rent takes ~17% of Mckinney's median household income ($124,215/yr). The standard benchmark is 30%.

Mckinney 17%Benchmark 30%
State income taxNone
Run the Mckinney affordability calculator →
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Mckinney, TX

Recent submissions

Be the first to submit your rent for Mckinney.

Recent discussions

No discussions yet.

Add RentDataNow as a preferred source on Google