How much does it cost to rent in Mckinney, TX?

As of July 2026, the median monthly rent in Mckinney, TX is $1,819. This figure is based on aggregated data from public sources and community-submitted rents.

Is Mckinney cheaper than other Texas cities?

Mckinney is one of the pricier cities in Texas, ranking #83 out of 269 cities tracked at $1,819/mo.

When was Mckinney rent data last updated?

Mckinney rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · TX

Mckinney

Name: Average Rent Prices in Mckinney, TX
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 210,600·83rd most expensive in Texas·McKinney rents are up 8.1% over the past year

Median rent (all units)

$1,819/mo

Year-over-Year

+8.1%

Month-over-Month

+2.2%

vs US Median

-$146

Rising (Monthly)

Be the first to discuss Mckinney rents ↓

Most AffordableMost Expensive

Mckinney · $1,819

More affordable than 52% of US cities · National median $1,965/mo

Rent Reality Score

69/100

Good value

OverheatedFairGreat value

Rents are 9% below what Mckinney's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,819/mo

Expected by trend

$2,006/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

$1,374

1 BR

$1,441

2 BR

$1,690

3 BR

$2,119

4 BR+

$2,722

Research median

$1,690/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$21,828/yr

At $1,819/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 8.1% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+8.1% YoY, +2.2% 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 → $1,819

up 26.8%

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 $1,819, up 26.8% 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

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View Mckinney rent history (2015–2026) →

Salary vs rent

Can you afford rent in Mckinney on your salary?

At $1,819/mo, how Mckinney rent compares to typical pay (30% rule).

Registered Nurse

Avg $93,535/yr · Rent = 23.3% income

affordable

Elementary School Teacher

Avg $66,409/yr · Rent = 32.9% income

stretched

Police Officer

Avg $76,497/yr · Rent = 28.5% income

affordable

Software Developer

Avg $136,729/yr · Rent = 16% income

very comfortable

Lawyer

Avg $174,705/yr · Rent = 12.5% income

very comfortable

Firefighter

Avg $62,182/yr · Rent = 35.1% income

stretched

Truck Driver

Avg $56,143/yr · Rent = 38.9% income

stretched

Electrician

Avg $69,201/yr · Rent = 31.5% income

stretched

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: July 20, 2026

The median rent in Mckinney is $1,819/mo as of July 2026. A studio apartment averages $1,374/mo while a 2-bedroom runs $1,690/mo. One-bedroom apartments average $1,441/mo and 3-bedroom units go for $2,119/mo.

At 18% of local median household income ($124,215/yr), Mckinney ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.1% over the past year.

FAQ

Frequently asked questions

Is Mckinney an affordable city for renters?

Mckinney is considered very affordable for renters. At $1,819/mo, rent takes approximately 18% 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 $73,000/year (~$35/hour full-time) to afford the median rent of $1,819/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 8.1% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Mckinney neighborhoods have the lowest rent?

The most affordable ZIP codes in Mckinney are 75069 ($1,640/mo), 75070 ($1,673/mo), and 75071 ($2,152/mo). Citywide, the median rent in Mckinney is $1,819/mo.

How does Mckinney rent compare to other cities in Texas?

Mckinney is one of the pricier cities in Texas for rent, ranking #83 out of 269 tracked cities at $1,819/mo.

Which nearby cities are cheaper to rent in than Mckinney?

Several nearby cities have lower median rents than Mckinney ($1,819/mo): Fairview ($1,662/mo), Allen ($1,678/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.