Cheap Apartments for Rent in the Allen McKinney Neighborhood of McKinney, TX from $400 (324 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
$1,037 - $1,612
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$1,037 - $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
$1,044 - $2,677
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$1,044 - $2,677
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1 to 2 Bedroom Apartments Available Now

The Gables of McKinney

1500 W Eldorado PkyMcKinney, TX 75069
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Woodlyn
Rent Specials
$1,067 - $1,482
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$1,067 - $1,482
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1 to 2 Bedroom Apartments Available Now

Woodlyn

123 Wilson Creek BlvdMcKinney, TX 75069
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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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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
$1,154 - $2,730
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$1,154 - $2,730
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$1,154 - $2,730
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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McKinney Terrace
Rent Specials
$1,210 - $2,262
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$1,210 - $2,262
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1 to 3 Bedroom Apartments Available Now

McKinney Terrace

1703 Rockhill RdMcKinney, TX 75069
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Luxia Craig Ranch
Rent Specials
$1,235 - $4,320
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$1,235 - $4,320
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Luxia Craig Ranch

7830 Van Tuyl PkyMcKinney, TX 75070
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Stonegate Apartments
Rent Specials
$1,237 - $1,531
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$1,237 - $1,531
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$1,237 - $1,531
1 to 2 Bedroom Apartments Available Now

Stonegate Apartments

2521 Wolford StMcKinney, TX 75071
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Merritt McGowan Manor Homes priced from $598. Newsome Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $640. Here are the most affordable Allen McKinney apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Merritt McGowan Manor HomesA11BR,1BA$598
Newsome HomesA11BR,1BA$640
Provision at MelissaA1-501BR,1BA$720
Ashton Oaks ApartmentsAsh1BR,1BA$940
Redbud Trail ApartmentsA21BR,1BA$947
The Gio ApartmentsA11BR,1BA$971
Thornbury at Chase OaksA3-IR1BR,1BA$980
Magnolia RanchA1 Essential1BR,1BA$984
Trails at CreeksideA21BR,1BA$985
Grand at AnnaE1Studio,1BA$996

Best Value Apartments for Rent in Allen McKinney, TX

As of July 04, 2026 the best value apartment in the Allen McKinney area is the $1.28 price per square foot Hillside Model at The Retreat at Honey Creek in the in the Allen McKinney neighborhood starting from $2,599. The second greatest value Allen McKinney apartment is the Hamilton Model at The Residences at Harrison Park starting at $2,495 with a $1.31 price per square foot in the Villages of Melissa 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 Retreat at Honey CreekHillside4BR,2.5BA$1.28
The Residences at Harrison ParkHamilton4BR,2.5BA$1.31
Townhomes at Princeton MeadowsB12BR,2.5BA$1.13
The Atlantic McKinney RanchC2A3BR,2BA$1.26
Treymore at McKinneyB3-MKT2BR,2BA$1.37
Cross CreekTwo Bed / Two Bath2BR,2BA$1.27
Tuscany VillasThe Verona2BR,2BA$1.31
SkywayVillas2x12BR,1BA$1.23
The Rustic of McKinney2 Bedroom Upgraded2BR,2BA$1.37
Merritt McGowan Manor HomesA11BR,1BA$0.80

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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 $996.

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

The cheapest apartment in Allen McKinney is Merritt McGowan Manor Homes which is listed at $598, while the average apartment in Allen McKinney costs $15,305.

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 221 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 $154 which is $15,151 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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