403 E Standifer St
McKinneyTX75069
Cheap Homes for Rent in Downtown McKinney Neighborhood of McKinney, TX from $1,400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown McKinney area of McKinney.
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$1,6651 Bedroom Apartments Available May 17
2650 S McDonald St, Unit 4217
2650 S McDonald StMcKinney, TX 75069
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$1,6721 Bedroom Apartments Available Now
2650 S McDonald St, Unit 1315
2650 S McDonald StMcKinney, TX 75069
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.
322 S Kentucky St
McKinneyTX75069
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$1,6971 Bedroom Apartments Available May 21
2650 S McDonald St, Unit 3205
2650 S McDonald StMcKinney, TX 75069
136 Honeysuckle St
PrincetonTX75407
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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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 | $1,795 | $1,795 | $1,795 |
| Downtown McKinney 3 Bedroom Homes for Rent | $2,230 | $1,499 | $4,500 |
| Downtown McKinney 4 Bedroom Homes for Rent | $2,801 | $2,180 | $3,550 |
| Downtown McKinney 6 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 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 1 Bed unit found at 601 Drexel Street Units 1-8 (McKinney 15) priced from $800. Ashton Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. Here are the most affordable Downtown McKinney apartments for rent in McKinney, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 601 Drexel Street Units 1-8 (McKinney 15) | 1/1 | 1BR,1BA | $800 |
| Ashton Oaks Apartments | Ash | 1BR,1BA | $955 |
| Magnolia Ranch | A1 | 1BR,1BA | $1,029 |
Best Value Apartments for Rent in Downtown McKinney, TX
As of April 26, 2026 the best value apartment in the Downtown McKinney area is the $1.40 price per square foot 3 Bed 2 Bath 1382 SqFt (1290 Net) Model at El Lago in the in the McKinney Greens neighborhood starting from $1,811. The second greatest value Downtown McKinney apartment is the 2x1 Model at SkywayVillas starting at $1,496 with a $1.56 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. |
|---|---|---|---|
| El Lago | 3 Bed 2 Bath 1382 SqFt (1290 Net) | 3BR,2BA | $1.40 |
| SkywayVillas | 2x1 | 2BR,1BA | $1.56 |
| Country Lane Seniors McKinney | A | 1BR,1BA | $1.69 |
| Mill Stream Apartments | 1 x 1 | 1BR,1BA | $1.60 |
| McKinney Terrace | A1 | 1BR,1BA | $1.69 |
| Kinwood Apartments | One Bedroom | 1BR,1BA | $1.64 |
| Stonegate Apartments | A1 | 1BR,1BA | $1.63 |
| 1701 at Eldorado | A1 | 1BR,1BA | $1.62 |
| Brixton McKinney Apartments | A2 | 1BR,1BA | $1.76 |
| 601 Drexel Street Units 1-8 (McKinney 15) | 1/1 | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
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.
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Pet Friendly LifestyleDowntown Mckinney, Mckinney, TX
Ranked #13
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 38 Apartments for Rent in Downtown McKinney, TX with pricing that ranges from $925 to $20,901. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown McKinney ranging from $1,499 to $4,500.
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 $1,499 to $4,500 with an average monthly rent of $2,281.
How much are larger Three and Four Bedroom Rentals in Downtown McKinney?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown McKinney range from $1,465 to $3,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,499 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,180 and Four Bedroom Apartments start at $10,000.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.
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.