Cheap Apartments for Rent in the Downtown McKinney Neighborhood of McKinney, TX from $800 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown McKinney area of 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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Showing Results 1-17, 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 $968. Brixton McKinney Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $979. Here are the most affordable Downtown McKinney apartments for rent in McKinney, TX:

Apartment ListingModel NameBed/BathPriced From
The Gables of McKinney1A1BR,1BA$968
Brixton McKinney ApartmentsA21BR,1BA$979
Lakes of EldoradoVista1BR,1BA$999
OaklynA11BR,1BA$1,009
Ashton Oaks ApartmentsAsh1BR,1BA$1,045

Best Value Apartments for Rent in Downtown McKinney, TX

As of January 02, 2026 the best value apartment in the Downtown McKinney area is the $1.71 price per square foot B4 Model at McKinney Terrace in the in the Timber Creek neighborhood starting from $1,884. The second greatest value Downtown McKinney apartment is the B1 Model at 1701 at Eldorado starting at $1,365 with a $1.25 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.
McKinney TerraceB42BR,2BA$1.71
1701 at EldoradoB12BR,2BA$1.25
Country Lane Seniors McKinneyB2BR,1BA$1.49
Lakes of EldoradoValencia3BR,2BA$1.75
Newsome HomesB12BR,1BA$1.59
El Lago1 Bed 1 Bath 857 SqFt (757 Net)1BR,1BA$1.57
Woodlyn Apartment HomesA11BR,1BA$1.54
Stonegate ApartmentsA11BR,1BA$1.68
Larkin Apartment HomesA2R1BR,1BA$1.68
Ashton Oaks ApartmentsAsh1BR,1BA$1.74

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

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.

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Quick 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.

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Pet Friendly Lifestyle
Downtown Mckinney, Mckinney, TX

Ranked #10

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 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 $1,147.

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

The cheapest apartment in Downtown McKinney is The Gables of McKinney which is listed at $968, while the average apartment in Downtown McKinney costs $8,831.

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 91 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 $299 which is $8,532 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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!