Cheap Homes for Rent in the Downtown McKinney Neighborhood of McKinney, TX from $1,249 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown McKinney area of McKinney.

Dallas's Best Affordable Neighborhoods

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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 $997. Oaklyn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $997. Here are the most affordable Downtown McKinney apartments for rent in McKinney, TX:

Apartment ListingModel NameBed/BathPriced From
The Gables of McKinney1A1BR,1BA$997
OaklynA11BR,1BA$997
Magnolia RanchA1 Essential Signature1BR,1BA$1,014

Best Value Apartments for Rent in Downtown McKinney, TX

As of August 25, 2026 the best value apartment in the Downtown McKinney area is the $1.40 price per square foot B1 Model at 1701 at Eldorado in the in the McKinney Greens neighborhood starting from $1,521. The second greatest value Downtown McKinney apartment is the B1-MKT Model at Treymore at McKinney starting at $1,626 with a $1.58 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.
1701 at EldoradoB12BR,2BA$1.40
Treymore at McKinneyB1-MKT2BR,2BA$1.58
Skyway Villas2x12BR,1BA$1.18
Country Lane Seniors McKinneyA1BR,1BA$1.69
El Lago1 Bed 1 Bth 857sf (757 Net)1BR,1BA$1.59
Mill Stream Apartments1 x 11BR,1BA$1.60
WoodlynA11BR,1BA$1.51
Kinwood ApartmentsOne Bedroom1BR,1BA$1.60
Stonegate ApartmentsA11BR,1BA$1.63
The Gables of McKinney1A Renovation 21BR,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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Real 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.

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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 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 $950 to $21,429. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown McKinney ranging from $1,249 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 $1,249 to $4,500 with an average monthly rent of $2,280.

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 $1,325 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,349 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,780 and Four Bedroom Apartments start at $2,850.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.