
Cheap Homes for Rent in Downtown McKinney Neighborhood of McKinney, TX from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown McKinney area of McKinney.


403 E Standifer St

403 E Standifer St

2650 S McDonald St, Unit 4217

2650 S McDonald St, Unit 3205
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2650 S McDonald St, Unit 1130

2650 S McDonald St, Unit 1307

128 Honeysuckle St

122 Lemongrass Dr

122 Lemongrass Dr
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.
Downtown McKinney, McKinney, TX Local Guide

How much does it cost to rent a home in Downtown McKinney?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown McKinney 2 Bedroom Homes for Rent | $1,490 | $1,490 | $1,490 |
| Downtown McKinney 3 Bedroom Homes for Rent | $2,101 | $1,470 | $2,800 |
| Downtown McKinney 4 Bedroom Homes for Rent | $2,092 | $1,900 | $2,400 |
| Downtown McKinney 6 Bedroom Homes for Rent | $2,150 | $2,150 | $2,150 |
Browse Homes for Rent 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.
Explore McKinney
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 1 Bed unit found at Magnolia Ranch priced from $919. Ashton Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Downtown McKinney apartments for rent in McKinney, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Magnolia Ranch | A1 Essential | 1BR,1BA | $919 |
| Ashton Oaks Apartments | Birch | 1BR,1BA | $935 |
| Brixton McKinney Apartments | A1 | 1BR,1BA | $964 |
Best Value Apartments for Rent in Downtown McKinney, TX
As of June 24, 2026 the best value apartment in the Downtown McKinney area is the $1.26 price per square foot B1 Model at 1701 at Eldorado in the in the McKinney Greens neighborhood starting from $1,376. The second greatest value Downtown McKinney apartment is the 2x1 Model at SkywayVillas starting at $1,125 with a $1.18 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. |
|---|---|---|---|
| 1701 at Eldorado | B1 | 2BR,2BA | $1.26 |
| SkywayVillas | 2x1 | 2BR,1BA | $1.18 |
| Stonegate Apartments | B2 | 2BR,2BA | $1.67 |
| El Lago | 1 Bed 1 Bth 857sf (757 Net) | 1BR,1BA | $1.57 |
| Mill Stream Apartments | 1 x 1 | 1BR,1BA | $1.60 |
| Treymore at McKinney | A1-MKT | 1BR,1BA | $1.60 |
| Woodlyn | A1 | 1BR,1BA | $1.51 |
| Kinwood Apartments | One Bedroom | 1BR,1BA | $1.60 |
| Ashton Oaks Apartments | Ash | 1BR,1BA | $1.57 |
| Brixton McKinney Apartments | A1 | 1BR,1BA | $1.65 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Mckinney, Mckinney, TX
Ranked #12
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Downtown McKinney
What type of rentals are currently available in Downtown McKinney?
There are currently 39 Apartments for Rent in Downtown McKinney, TX with pricing that ranges from $934 to $19,343. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown McKinney ranging from $1,470 to $2,800.
What is the current price range for Rental Homes in Downtown McKinney?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown McKinney ranges from $1,470 to $2,800 with an average monthly rent of $1,958.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.