Cheap Apartments for Rent in the Downtown McKinney Neighborhood of McKinney, TX from $590 (37 Rentals)

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

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The Gables of McKinney
Rent Specials
$994 - $2,627
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$994 - $2,627
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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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Oaklyn
Rent Specials
$997 - $1,572
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$997 - $1,572
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1 to 2 Bedroom Apartments Available Now

Oaklyn

1600 Heritage DrMcKinney, TX 75069
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Dallas's Best Affordable Neighborhoods

Learn about Dallas and the best places to live with original content written by our Dallas, TX Local Expert Tiffany Clark

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

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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Stonegate Apartments
Rent Specials
$1,114 - $1,406
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Total Monthly Price

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$1,114 - $1,406
Total Monthly Price
$1,114 - $1,406
1 to 2 Bedroom Apartments Available Now

Stonegate Apartments

2521 Wolford StMcKinney, 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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McKinney Terrace
$1,281 - $2,136
Total Monthly Price

Total Monthly Price

Base Rent
$1,281 - $2,136
Total Monthly Price
$1,281 - $2,136
1 to 3 Bedroom Apartments Available Now

McKinney Terrace

1703 Rockhill RdMcKinney, TX 75069
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Merano Apartments
Rent Specials
$1,285 - $2,225
Total Monthly Price

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$1,285 - $2,225
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1 to 2 Bedroom Apartments Available Now

Merano Apartments

1570 Heritage DrMcKinney, TX 75069
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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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380 Villas
Studio to 3 Bedroom Apartments

380 Villas

1101 N Throckmorton StMcKinney, TX 75069

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-37, Page 1 of 1

Downtown McKinney, McKinney, TX Local Guide

Cheapest Available Downtown McKinney Apartments for Rent

 

The cheapest available apartment rental in the Downtown McKinney area of McKinney, TX is a 1 Bed unit found at The Gables of McKinney priced from $994. Oaklyn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $997. Here are the most affordable Downtown McKinney apartments for rent in McKinney, TX:

Apartment ListingModel NameBed/BathPriced From
The Gables of McKinney1A1BR,1BA$994
OaklynA11BR,1BA$997
Magnolia RanchA1 Essential Signature1BR,1BA$1,014
Mason Apartment HomesAmethyst1BR,1BA$1,025
LarkinA1R1BR,1BA$1,051
WoodlynA11BR,1BA$1,067
Lakes of EldoradoVista1BR,1BA$1,073
Ashton Oaks ApartmentsAsh1BR,1BA$1,080
Kinwood ApartmentsOne Bedroom1BR,1BA$1,100
Stonegate ApartmentsA11BR,1BA$1,117

Best Value Apartments for Rent in Downtown McKinney, TX

As of August 23, 2026 the best value apartment in the Downtown McKinney area is the $1.67 price per square foot B1 Model at Heritage McKinney Square in the in the Timber Creek neighborhood starting from $1,825. The second greatest value Downtown McKinney apartment is the B1 Model at 1701 at Eldorado starting at $1,521 with a $1.40 price per square foot in the McKinney Greens neighborhood. Here is today’s list of the best values for Downtown McKinney apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Heritage McKinney SquareB12BR,2BA$1.67
1701 at EldoradoB12BR,2BA$1.40
Treymore at McKinneyB1-MKT2BR,2BA$1.58
Skyway Villas2x12BR,1BA$1.18
Country Lane Seniors McKinneyA1BR,1BA$1.69
El Lago1 Bed 1 Bth 857sf (757 Net)1BR,1BA$1.59
Mill Stream Apartments1 x 11BR,1BA$1.60
WoodlynA11BR,1BA$1.51
Kinwood ApartmentsOne Bedroom1BR,1BA$1.60
Stonegate ApartmentsA11BR,1BA$1.63

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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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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Pet Friendly Lifestyle
Downtown Mckinney, Mckinney, TX

Ranked #14

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown McKinney Apartments

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

The cheapest apartment in Downtown McKinney is Ashton Oaks Apartments which is listed at $965, while the average apartment in Downtown McKinney costs $1,469.

What types of apartments are the cheapest in Downtown 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 73 regular apartments in Downtown 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 Downtown McKinney?

Cheap apartments in Downtown McKinney have an average cost of $297 which is $1,172 cheaper than the average rent for all rentals in Downtown 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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.