Cheap Apartments for Rent in McKinney, TX from $400 (222 Rentals)

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

The Real Cost of Living in Dallas: Straight Talk From Your Local Expert

Planning a move to Dallas? Get the inside track on the true cost of living, from housing and electricity to commuting, from a 30-year local expert.

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Oaklyn
Rent Specials
$997 - $1,572
Total Monthly Price

Total Monthly Price

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$997 - $1,572
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Oaklyn

1600 Heritage DrMcKinney, TX 75069
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Collin Square
Rent Specials
$1,036 - $2,590
Total Monthly Price

Total Monthly Price

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$1,036 - $2,590
Total Monthly Price
$1,036 - $2,590
Studio to 3 Bedroom Apartments Available Now

Collin Square

3751 North Central ExpyMcKinney, TX 75071
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Woodlyn
Rent Specials
$1,067 - $1,482
Total Monthly Price

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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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Luxia Craig Ranch
Rent Specials
$1,073 - $3,847
Total Monthly Price

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$1,073 - $3,847
Total Monthly Price
$1,073 - $3,847
1 to 3 Bedroom Apartments Available Now

Luxia Craig Ranch

7830 Van Tuyl PkyMcKinney, TX 75070
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Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area

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Stonegate Apartments
Rent Specials
$1,114 - $1,386
Total Monthly Price

Total Monthly Price

Base Rent
$1,114 - $1,386
Total Monthly Price
$1,114 - $1,386
1 to 2 Bedroom Apartments Available Now

Stonegate Apartments

2521 Wolford StMcKinney, TX 75071
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The 4-Step Checklist for Moving to Dallas: A Local Expert's Guide to Utilities, Licenses, and Housing

Your ultimate DFW Moving Guide: From finding the perfect Dallas neighborhood (Downtown, Oak Lawn, Casa View) to setting up utilities.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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McKinney, TX Local Guide

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Cheapest Neighborhoods for Apartments in McKinney, TX

Pricing Updated: 08/19/2026

Current apartment rentals in the McKinney, TX area range in price from $894 to $35,674 with an overall median price of $1,701. Here is today’s list neighborhoods with the lowest median pricing for McKinney Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown McKinney$1,468$915490
Anna Melissa$1,600$9091023
Frisco$1,750$8944390

Cheapest Available McKinney Apartments for Rent

 

The cheapest available apartment rental in McKinney, TX is a 1 Bed unit found at Merritt McGowan Manor Homes in the Timber Creek neighborhood priced from $468. Provision at Melissa in the Villages of Melissa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $606. Here is today’s list of the most affordable McKinney apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Merritt McGowan Manor HomesA11BR,1BA$468
Provision at MelissaA1-301BR,1BA$606
Newsome HomesA11BR,1BA$640
Ashton Oaks ApartmentsBirch1BR,1BA$915
Redbud Trail ApartmentsA21BR,1BA$947
Buffalo Run1 Bedroom 1 Bath1BR,1BA$972
Retreat at Stonebridge Ranch ApartmentsA11BR,1BA$988
The Gables of McKinney1A1BR,1BA$989
23Hundred at RidgeviewA1A1BR,1BA$996
OaklynA11BR,1BA$997

Best Value Apartments for Rent in McKinney, TX

As of August 19, 2026 the best value apartment in the McKinney area is the $1.27 price per square foot Jefferson Model at The Townhomes at Monticello in the in the Forest Grove neighborhood starting from $2,500. The second greatest value McKinney apartment is the Grove Model at HARMON Melissa by Crescent Communities starting at $2,540 with a $1.41 price per square foot in the Villages of Melissa neighborhood. Here is today’s list of the best values for McKinney apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhomes at MonticelloJefferson3BR,3.5BA$1.27
HARMON Melissa by Crescent CommunitiesGrove3BR,2.5BA$1.41
The Residences at Harrison ParkEaton4BR,2.5BA$1.35
The Atlantic McKinney RanchC2A3BR,2BA$1.30
MAA Times SquareQueens2BR,2BA$1.39
1701 at EldoradoB12BR,2BA$1.40
Whitewing Flats1B1BR,1BA$1.20
Skyway Villas2x12BR,1BA$1.18
West Ridge Villas1 Bedroom - MKT1BR,1BA$1.25
Merritt McGowan Manor HomesA11BR,1BA$0.63

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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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark

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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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McKinney Overview

In 2014 Money Magazine named McKinney, Texas the #1 place to live in the America. Located just north of Dallas, McKinney is one of the fastest growing cities in the nation. With growth comes opportunities of which there is no shortage. McKinney combines historical downtown Texas with a forward-thinking mindset that includes booming business and educational opportunities.

Why live in McKinney, TX?

Although McKinney is located outside of Dallas, the city has a charm all it's own that distinguishes it as one of Texas' best cities. McKinney offers the perfect blend of nature, history, economic growth, and plenty of real estate across the entire city. If you're into city pride, then you'll find a broad range of activities, festivals, and annual events that bring everybody out to celebrate. Some of the most popular annual events include Arts in Bloom Art Festival, Oktoberfest, Scare on the Square during Halloween, and Bike the Bricks annual bicycle race.

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Mckinney, TX

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Frequently Asked Questions about Cheap McKinney Apartments

What is a cheap apartment in McKinney?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in McKinney is under $997.

What is the price of a cheap apartment in McKinney?

The cheapest apartment in McKinney is Merritt McGowan Manor Homes which is listed at $468, while the average apartment in McKinney costs $1,701.

What types of apartments are the cheapest in 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 326 regular apartments in 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 McKinney?

Cheap apartments in McKinney have an average cost of $250 which is $1,451 cheaper than the average rent for all rentals in 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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