Cheap Apartments for Rent in the Downtown McKinney Neighborhood of McKinney, TX from $600 (36 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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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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Oaklyn
Rent Specials
$1,102 - $1,592
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$1,102 - $1,592
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1 to 2 Bedroom Apartments Available Now

Oaklyn

1600 Heritage DrMcKinney, TX 75069
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Merano Apartments
Rent Specials
$1,240 - $2,275
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$1,240 - $2,275
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1 to 2 Bedroom Apartments Available Now

Merano Apartments

1570 Heritage DrMcKinney, TX 75069
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Woodlyn
Rent Specials
$1,247 - $1,652
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$1,247 - $1,652
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1 to 2 Bedroom Apartments Available Now

Woodlyn

123 Wilson Creek BlvdMcKinney, TX 75069
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McKinney Terrace
Rent Specials
$1,285 - $2,203
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$1,285 - $2,203
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1 to 3 Bedroom Apartments Available Now

McKinney Terrace

1703 Rockhill RdMcKinney, TX 75069
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property at 304 N Oak St

$1,495 - $1,695

2 Bedroom Rentals

Available Now

304 N Oak St

McKinneyTX75069

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Showing Results 1-36, 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 601 Drexel Street Units 1-8 (McKinney 15) priced from $800. Brixton McKinney Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,019. Here are the most affordable Downtown McKinney apartments for rent in McKinney, TX:

Apartment ListingModel NameBed/BathPriced From
601 Drexel Street Units 1-8 (McKinney 15)1/11BR,1BA$800
Brixton McKinney ApartmentsA21BR,1BA$1,019
Ashton Oaks ApartmentsBirch1BR,1BA$1,060
1701 at EldoradoA11BR,1BA$1,068
Davis at the SquareE1Studio,1BA$1,070
The Gables of McKinney1A1BR,1BA$1,084
El Lago1 Bed 1 Bath 739 SqFt (659 Net)1BR,1BA$1,093
OaklynA11BR,1BA$1,102
Kinwood ApartmentsOne Bedroom1BR,1BA$1,125
Skyway Villas2 Bedroom 2 Bath2BR,2BA$1,142

Best Value Apartments for Rent in Downtown McKinney, TX

As of April 09, 2026 the best value apartment in the Downtown McKinney area is the $1.19 price per square foot 2 Bedroom 1 Bath Model at Skyway Villas in the in the Timber Creek neighborhood starting from $1,142. The second greatest value Downtown McKinney apartment is the B2 Model at Stonegate Apartments starting at $1,229 with a $1.30 price per square foot in the Timber Creek 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.
Skyway Villas2 Bedroom 1 Bath2BR,1BA$1.19
Stonegate ApartmentsB22BR,2BA$1.30
Mill Stream Apartments1 x 11BR,1BA$1.60
WoodlynA11BR,1BA$1.77
Kinwood ApartmentsOne Bedroom1BR,1BA$1.64
Tuscany at Wilson CreekA1 1X11BR,1BA$1.76
El Lago1 Bed 1 Bath 739 SqFt (659 Net)1BR,1BA$1.66
1701 at EldoradoA11BR,1BA$1.64
Brixton McKinney ApartmentsA21BR,1BA$1.58
601 Drexel Street Units 1-8 (McKinney 15)1/11BR,1BA$1.35

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.

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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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The 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.

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

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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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Pet Friendly Lifestyle
Downtown Mckinney, Mckinney, TX

Ranked #13

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 601 Drexel Street Units 1-8 (McKinney 15) which is listed at $800, while the average apartment in Downtown McKinney costs $18,184.

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 285 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 $703 which is $17,481 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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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.