Mckinney, Texas Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Mckinney, Texas rental market.
Mckinney, Texas
Average Apartment Rent
$1,665
Y-o-Y Change in Average
Apartment Rent
-1.8%
As of May 2026
Compared to a year ago, Mckinney, Texas apartments have recorded a -1.8% rent decrease.
Mckinney, Texas Average apartment rent trend
Mckinney, Texas Average Apartment Rent
Mckinney, Texas Apartment rent ranges
At 41.76%, apartments priced $1,000 - $1,500 represent the bulk of Mckinney, Texas rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.78%.
Mckinney, Texas Housing tenure**
Renters take up 35% of Mckinney, Texas real estate, occupying a total of 23,980 units, while homeowners live in 44,244 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$67,730
Average household size of renter-occupied housing units**
2.49
Rental vacancy rate**
8.3%
Mckinney, Texas Renter-occupied housing units by no. of bedrooms**
There are 7,210 rentals in Mckinney, Texas with 1 bed making up the highest share of the market, at 30%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 330 units. Overall, the median number of rooms in Mckinney, Texas homes for rent is 3.9.
Mckinney, Texas Renter-occupied units by age of householder**
Most condos for rent in Mckinney, Texas are occupied by residents in the 35 - 44 years age group (24%), followed by those in the 25 - 34 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Mckinney, Texas Renter-occupied housing units by family type**
Mckinney, Texas Renter-occupied housing units by the presence of own children**
A total of 14,402 apartments for rent in Mckinney, Texas, or 60% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 9,004 units. All in all, the median size of a renter-occupied household in Mckinney, Texas is 2.49.
Mckinney, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 36% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Mckinney, Texas.
Mckinney, Texas Renter-occupied units by year structure built**
The highest share of Mckinney, Texas apartment rentals, namely 36% or 8,631 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (30%, 7,244 units), and the ones Built 1990 - 1999 (15%, 3,662 units).
Mckinney, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Mckinney, Texas renters (47%) moved in 2018 to 2020, while only 3% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Mckinney, Texas condos for rent is 2019.
Mckinney, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of Mckinney, Texas renters have 1 vehicle available per household, 38% of them have 2 vehicles available, and 7% have No vehicle available.
Mckinney, Texas Means of transportation to work of householders living in renter-occupied housing units**
Mckinney, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Mckinney, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
