Cheap Apartments for Rent in the Allen McKinney Neighborhood of McKinney, TX from $400 (237 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Allen McKinney area of McKinney.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Oaklyn
Rent Specials
$1,077 - $1,612
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$1,077 - $1,612
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1 to 2 Bedroom Apartments Available Now

Oaklyn

1600 Heritage DrMcKinney, TX 75069
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The Gables of McKinney
Rent Specials
$1,095 - $2,585
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$1,095 - $2,585
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The Gables of McKinney

1500 W Eldorado PkyMcKinney, TX 75069
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Stonegate Apartments
Rent Specials
$1,097 - $1,381
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$1,097 - $1,381
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$1,097 - $1,381
1 to 2 Bedroom Apartments Available Now

Stonegate Apartments

2521 Wolford StMcKinney, TX 75071
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Woodlyn
Rent Specials
$1,127 - $1,532
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$1,127 - $1,532
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Woodlyn

123 Wilson Creek BlvdMcKinney, TX 75069
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Collin Square
Rent Specials
$1,205 - $2,600
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$1,205 - $2,600
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$1,205 - $2,600
Studio to 3 Bedroom Apartments Available Now

Collin Square

3751 North Central ExpyMcKinney, TX 75071
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Allen McKinney, McKinney, TX Local Guide

Cheapest Available Allen McKinney Apartments for Rent

 

The cheapest available apartment rental in the Allen McKinney area of Dallas, TX is a 1 Bed unit found at Newsome Homes priced from $640. 601 Drexel Street Units 1-8 (McKinney 15) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Allen McKinney apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Newsome HomesA11BR,1BA$640
601 Drexel Street Units 1-8 (McKinney 15)1/11BR,1BA$800
Redbud Trail ApartmentsA21BR,1BA$947
Steeplechase ApartmentsA11BR,1BA$987
Provision at MelissaA1-501BR,1BA$994
Thornbury at Chase OaksA11BR,1BA$997
Magnolia RanchA11BR,1BA$999
Cross CreekOne Bed / One Bath1BR,1BA$999
Opal Legacy CentralS1 ESSENTIAL LIVINGStudio,1BA$1,012
Ashton Oaks ApartmentsAsh1BR,1BA$1,015

Best Value Apartments for Rent in Allen McKinney, TX

As of May 20, 2026 the best value apartment in the Allen McKinney area is the $1.26 price per square foot Hamilton Model at The Residences at Harrison Park in the in the Villages of Melissa neighborhood starting from $2,395. The second greatest value Allen McKinney apartment is the Ashford Model at The Reserve at Arden Park starting at $2,370 with a $1.27 price per square foot in the West Crossing neighborhood. Here is today’s list of the best values for Allen McKinney apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences at Harrison ParkHamilton4BR,2.5BA$1.26
The Reserve at Arden ParkAshford3BR,2.5BA$1.27
Townhomes at Princeton MeadowsTH13BR,2.5BA$1.16
Aspire Mckinney RanchB1A2BR,2BA$1.43
MAA Times SquareBrooklyn1BR,1BA$1.27
The Atlantic McKinney RanchA1A1BR,1BA$1.30
Plaza At Chase OaksThe Avalon1BR,1BA$1.42
Cross CreekOne Bed / One Bath1BR,1BA$1.31
Newsome HomesA11BR,1BA$0.97
601 Drexel Street Units 1-8 (McKinney 15)1/11BR,1BA$1.35

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Best Local Schools in
Allen Mckinney, Mckinney, TX

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Northern Dallas. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Allen McKinney Apartments

What is a cheap apartment in Allen McKinney?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Allen McKinney is under $1,015.

What is the price of a cheap apartment in Allen McKinney?

The cheapest apartment in Allen McKinney is Newsome Homes which is listed at $640, while the average apartment in Allen McKinney costs $17,844.

What types of apartments are the cheapest in Allen McKinney?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 527 regular apartments in Allen McKinney that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Allen McKinney?

Cheap apartments in Allen McKinney have an average cost of $174 which is $17,670 cheaper than the average rent for all rentals in Allen McKinney.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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