
Cheap Apartments for Rent in the Downtown McKinney Neighborhood of McKinney, TX from $1,000 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown McKinney area of McKinney.


Grand Texan

Heritage McKinney Square
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McKinney Terrace

Country Lane Seniors McKinney

Grand Reserve - Senior Community

The Dalton

341 E Virginia St
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Downtown McKinney, McKinney, TX Local Guide

How much does it cost to rent an apartment in Downtown McKinney?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown McKinney Studio Apartments | $1,560 | $1,195 | $2,375 |
Downtown McKinney 1 Bedroom Apartments | $1,562 | $1,049 | $2,475 |
Downtown McKinney 2 Bedroom Apartments | $1,883 | $1,229 | $3,122 |
Downtown McKinney 3 Bedroom Apartments | $2,254 | $2,043 | $3,742 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown McKinney Neighborhood of McKinney, TX.
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Downtown McKinney, McKinney, TX Local Guide
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Cheapest Available Downtown McKinney Apartments for Rent
 The cheapest available apartment rental in the Downtown McKinney area of McKinney, TX is a Studio unit found at Heritage McKinney Square priced from $1,195. El Lago has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,210. Here are the most affordable Downtown McKinney apartments for rent in McKinney, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heritage McKinney Square | E2 | Studio,1BA | $1,195 |
El Lago | 1 Bed 1 Bath 739 SqFt (659 Net) | 1BR,1BA | $1,210 |
Oaklyn Apartment Homes | B2 | 2BR,2BA | $1,279 |
Best Value Apartments for Rent in Downtown McKinney, TX
As of June 05, 2025 the best value apartment in the Downtown McKinney area is the $1.64 price per square foot B1.1 Model at McKinney Terrace in the in the Timber Creek neighborhood starting from $1,803. The second greatest value Downtown McKinney apartment is the B1 R Model at The Patios of McKinney starting at $1,800 with a $2.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
McKinney Terrace | B1.1 | 2BR,2BA | $1.64 |
The Patios of McKinney | B1 R | 2BR,2BA | $2.00 |
Oaklyn Apartment Homes | B2 | 2BR,2BA | $1.43 |
Heritage McKinney Square | LW | Studio ,1BA | $2.49 |
Country Lane Seniors McKinney | A | 1BR,1BA | $1.69 |
El Lago | 1 Bed 1 Bath 739 SqFt (659 Net) | 1BR,1BA | $1.84 |
Davis at the Square | A | 1BR,1BA | $2.14 |
Grand Reserve - Senior Community | A-1 | 1BR,1BA | $2.17 |
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Downtown McKinney Neighborhood in McKinney, TX
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
63 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown McKinney Apartments
What is a cheap apartment in Downtown McKinney?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown McKinney is under $1,800.
What is the price of a cheap apartment in Downtown McKinney?
The cheapest apartment in Downtown McKinney is El Lago which is listed at $1,210, while the average apartment in Downtown McKinney costs $2,112.
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 4 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 $116 which is $1,996 cheaper than the average rent for all rentals in Downtown McKinney.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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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Know Your Budget: Calculating What You Can Realistically Afford When Renting
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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.