Cheap Apartments for Rent in McKinney, TX from $400 (94 Rentals)

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

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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The Gables of McKinney
Rent Specials
$1,073 - $2,743
Total Monthly Price

Total Monthly Price

Base Rent
$1,009 - $2,679
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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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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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Oaklyn
Rent Specials
$1,102 - $1,572
Total Monthly Price

Total Monthly Price

Base Rent
$979 - $1,449
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1 to 2 Bedroom Apartments Available Now

Oaklyn

1600 Heritage DrMcKinney, TX 75069
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Ascend at McKinney North
Rent Specials
$1,171 - $2,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,121 - $2,149
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1 to 3 Bedroom Apartments Available Now

Ascend at McKinney North

3601 James Pitts DrMcKinney, TX 75071
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Woodlyn
Rent Specials
$1,247 - $1,652
Total Monthly Price

Total Monthly Price

Base Rent
$1,004 - $1,409
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1 to 2 Bedroom Apartments Available Now

Woodlyn

123 Wilson Creek BlvdMcKinney, TX 75069
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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McKinney, TX Local Guide

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Cheapest Neighborhoods for Apartments in McKinney, TX

Pricing Updated: 03/16/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Frisco$17,241$6035327
Downtown McKinney$20,690$899464

Cheapest Available McKinney Apartments for Rent

 

The cheapest available apartment rental in McKinney, TX is a 1 Bed unit found at Provision at Melissa in the Villages of Melissa neighborhood priced from $554. Merritt McGowan Manor Homes in the Timber Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $598. Here is today’s list of the most affordable McKinney apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Provision at MelissaA1-301BR,1BA$554
Merritt McGowan Manor HomesA11BR,1BA$598
Newsome HomesA11BR,1BA$640
Lakes of EldoradoSilver1BR,1BA$899
Parkside at Craig Ranch ApartmentsCascadeStudio,1BA$941
Redbud Trail ApartmentsA21BR,1BA$947
Ashton Oaks ApartmentsAsh1BR,1BA$955
Buffalo Run1 Bedroom 1 Bath1BR,1BA$989
Gala at MelissaA1-501BR,1BA$994
Orion McKinney ApartmentsZenith w/ Carport IncludedStudio,1BA$999

Best Value Apartments for Rent in McKinney, TX

As of March 16, 2026 the best value apartment in the McKinney area is the $1.31 price per square foot Hamilton Model at The Residences at Harrison Park in the in the Villages of Melissa neighborhood starting from $2,495. The second greatest value McKinney apartment is the TH1 Model at Townhomes at Princeton Meadows starting at $1,875 with a $1.15 price per square foot in the Forest Grove 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 Residences at Harrison ParkHamilton4BR,2.5BA$1.31
Townhomes at Princeton MeadowsTH13BR,2.5BA$1.15
The IndependenceD14BR,2BA$1.44
Whitewing Flats2B2BR,2BA$1.30
Merritt McGowan Manor HomesC13BR,2BA$1.40
The Atlantic McKinney RanchB2A2BR,2BA$1.28
Skyway Villas2 Bedroom 1 Bath2BR,1BA$1.19
West Ridge Villas1 Bedroom - MKT1BR,1BA$1.25
Aspire Mckinney RanchA21BR,1BA$1.47
Soho ParkwayAmyris1BR,1BA$1.36

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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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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Explore Mckinney, TX Rentals by Map

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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 $999.

What is the price of a cheap apartment in McKinney?

The cheapest apartment in McKinney is Provision at Melissa which is listed at $554, while the average apartment in McKinney costs $18,965.

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 268 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 $369 which is $18,596 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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Dallas, TX

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Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

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

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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

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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.

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.