Last updated
Average Rent in McKinney 75071 & Rent Trends
Rent prices and market trends across 5 apartment communities in McKinney 75071, Addison, TX. Updated daily.
Market Average
$3,157/mo
▲ +2.5% from last month
Lowest Available
$2,857/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
12
available now
Price Cuts This Week in McKinney 75071
27 listed units across 4 buildings offering 4 bed units in McKinney 75071 dropped their asking rent in the past 7 days, an average cut of $33/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Mansions of Prosper | Unit 11, 360 Tour | $2,327 | $2,276 | $51 |
| The Mansions of Prosper | Unit 12, 3-18mo lease | $2,327 | $2,276 | $51 |
| The Mansions of Prosper | Unit 28, B2-Idyllic | $2,327 | $2,276 | $51 |
| Luxe of McKinney | Unit 13, 360 Tour | $3,419 | $3,371 | $48 |
| Luxe of McKinney | Unit 14, 8-16mo lease | $3,419 | $3,371 | $48 |
| Luxe of McKinney | Unit 28, D1-Elm | $3,419 | $3,371 | $48 |
| The Mansions of Prosper | Unit 10, 3-18mo lease | $2,314 | $2,271 | $43 |
| The Mansions of Prosper | Unit 26, B1-Villa | $2,314 | $2,271 | $43 |
McKinney 75071 vs Addison, TX Average
McKinney 75071 is more expensive than the Addison, TX average by $1,495/mo (90%). The citywide average is $1,662/mo across all neighborhoods.
Is Rent Going Up or Down in McKinney 75071?
As of August 2026, the average rent in McKinney 75071 is $3,157 per month across 5 apartment communities and 12 available units. Rents have increased $54 (2.5%) over the past month.
The most affordable option is Estates of McKinney starting at $2,857/mo. By unit type, a 4-bedroom averages $3,157/mo.
Prices range from $2,857 to $3,402 per month. The most common price point is the $2,800 range, where 5 units are currently listed.
McKinney 75071 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $2,132 | - | 5 |
| August 2026 | $2,163 | +$31 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in McKinney 75071
Rent Prices by Apartment in McKinney 75071
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Estates of McKinney | $2,857/mo | $2,857/mo | 1 | 4.7 |
| Avendale at Painted Tree | $2,999/mo | $3,024/mo | 6 | 4.6 |
| Luxe of McKinney | $3,371/mo | $3,371/mo | 2 | 4.7 |
| The Mansions of Prosper | $3,372/mo | $3,372/mo | 2 | 4.3 |
| Luxe Prosper | $3,402/mo | $3,402/mo | 1 | 4.6 |
Frequently Asked Questions About Rent in McKinney 75071
What is the average rent in McKinney 75071?
Is rent going up or down in McKinney 75071?
What is the cheapest apartment in McKinney 75071?
How many apartments are available in McKinney 75071?
What salary do I need to live comfortably in McKinney 75071?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$126,000/year
Based on the 30 percent rule, using our tracked average rent of $3,157/mo.
Comfortable income
$152,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,857/mo), you need to earn at least $114,000/year.
Median household income in McKinney 75071 is $82,858 , about 45% below the comfortable-living threshold.
Cost of living in McKinney 75071
Overall prices in McKinney 75071 runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by McKinney 75071's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,157 |
| Utilities | $507 |
| Groceries | $560 |
| Transportation | $1,208 |
| Healthcare | $589 |
| Other goods and services | $943 |
| Estimated total | $6,963/mo |
Population
17,128
Median household income
$82,858
Census median rent
$1,717/mo
Rent as % of income
27.4%
Median age
35.6
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for McKinney 75071 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore McKinney 75071 Apartments
Browse all 5 communities with daily-updated pricing and availability.