
Cheap Low Income Apartments for Rent in McKinney, TX from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in McKinney.


Magnolia Ranch

West Ridge Villas

Grand Texan

Kinwood Apartments

Lakes of Eldorado
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.

Tuscany at Wilson Creek

Mill Stream Apartments

The Grand Reserve Seniors Community

Country Lane Seniors McKinney

Kinstead

SkywayVillas
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.

Knox Allen Station
McKinney, TX Local Guide

How much does it cost to rent an apartment in McKinney?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| McKinney Studio Apartments | $1,349 | $996 | $2,212 |
| McKinney 1 Bedroom Apartments | $1,504 | $554 | $3,313 |
| McKinney 2 Bedroom Apartments | $2,105 | $1,150 | $6,486 |
| McKinney 3 Bedroom Apartments | $2,704 | $753 | $6,150 |
| McKinney 4 Bedroom Apartments | $3,257 | $2,099 | $10,000+ |
Explore McKinney
McKinney, TX Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleTop 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Mckinney, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mckinney, TX Rentals by Map
See the most popular apartments and homes in Mckinney, TX
Frequently Asked Questions about Cheap McKinney Apartments
What is the Cheapest Studio apartment in McKinney?
Currently the most affordable Cheap Studio Apartment in McKinney is at Parkside at Craig Ranch Apartments listed at $1,012.
How much is rent for a Cheap One Bedroom McKinney Apartment?
The lowest price for a Cheap One Bedroom McKinney Apartment is $468 at Merritt McGowan Manor Homes.
What is the lowest price for a Cheap Two Bedroom McKinney Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in McKinney is starting from $900 at 601 Drexel Street Units 1-8 (McKinney 15).
What is the most affordable McKinney Three Bedroom Apartment?
The best deal on a cheap McKinney Three Bedroom Apartment rental is at Redbud Trail Apartments and starts from $1,267.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Dallas, TX
Written by: Tiffany Clark
Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Written by: Tiffany Clark
According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers
Written by: Tiffany Clark
Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years
Written by: Tiffany Clark
My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.