City Report · TX

Mckinney

Pop. 210,600·98th most expensive in Texas·Rental market data updated monthly for McKinney, TX
Median rent (all units)
$1,741/mo
Year-over-Year
-1.6%
Month-over-Month
Stable
vs US Median
-$191
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Mckinney · $1,741
More affordable than 58% of US cities · National median $1,932/mo
Rent Reality Score
76/100
Good value
OverheatedFairGreat value

Rents are 13% below what Mckinney's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,741/mo
Expected by trend
$2,003/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
$1,315
1 BR
$1,379
2 BR
$1,618
3 BR
$2,028
4 BR+
$2,605
Research median
$1,618/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

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Mckinney usually run 1.1% below trend in January and 1.1% above it in July, about $38 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Mckinney is 6.1% below its high of $1,855 in July 2022, at $1,741 as of September 2026.

Past year vs. the rest of Texas

Rent in Mckinney changed -1.6% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.

Rent vs. income since 2019

From 2019 to 2024, rent in Mckinney rose 31.3% while median household income rose 33.1% ($93,354 to $124,215). Income kept ahead of rent.

Since before the pandemic

Rent in Mckinney is 23.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

What a typical income covers

30% of the median household income ($124,215) is $3,105 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,968); a 4-bedroom is $3,813.

Spread across ZIP codes

The priciest of 4 ZIP codes in Mckinney, 75072 ($2,411/mo), costs 1.6 times the cheapest, 75069 ($1,507/mo).

Cheaper nearby

Garland, 21 miles away, rents for 10% less ($1,560/mo), about $2,200 a year in savings.

From Zillow's monthly rent index (ZORI) for Mckinney. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,892/yr
At $1,741/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-1.6% YoY, +0.0% MoM), not inventory.
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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
$1,500 → $1,741
up 16.1%
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 $1,500 a month. That figure now sits near $1,741, up 16.1% 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. 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

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

Can you afford rent in Mckinney on your salary?

At $1,741/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: October 17, 2026

The median rent in Mckinney is $1,741/mo as of October 2026. A studio apartment averages $1,315/mo while a 2-bedroom runs $1,618/mo. One-bedroom apartments average $1,379/mo and 3-bedroom units go for $2,028/mo.

At 17% of local median household income ($124,215/yr), Mckinney ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.6% over the past year.

FAQ

Frequently asked questions

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 $70,000/year (about $34/hour full-time) to afford the median rent of $1,741/mo in Mckinney. The local median household income is $124,215/yr, so the typical household meets that bar.

Is rent going up or down in Mckinney?

Rent in Mckinney has fallen 1.6% over the past year as of September 2026. It sits 6.1% below its high of $1,855 in July 2022.

When is the cheapest time to rent in Mckinney?

Asking rents in Mckinney are usually lowest in January, about 1.1% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $38 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Mckinney?

No. From 2019 to 2024, rent in Mckinney rose 31.3% while median household income rose 33.1%, from $93,354 to $124,215. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Mckinney neighborhoods have the lowest rent?

The most affordable ZIP codes in Mckinney are 75069 ($1,507/mo), 75070 ($1,643/mo), and 75071 ($2,061/mo). Citywide, the median rent is $1,741/mo.

How does Mckinney rent compare to other cities in Texas?

Mckinney is in the middle among Texas cities for rent, ranking #98 of 257 tracked cities at $1,741/mo. Over the year to September 2026, rent in Mckinney changed -1.6%, against a typical +1.0% across the 224 Texas cities Zillow tracks.

Which nearby cities are cheaper to rent in than Mckinney?

Nearby cities with lower median rent than Mckinney ($1,741/mo) include Fairview ($1,700/mo), and Allen ($1,734/mo).
Income Affordability
17%
VERY AFFORDABLE

At $1,741/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
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Mckinney, TX

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