Median rent for residential in as of May, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
463 McKinney, TX, USA apartments for rent
McKinney
McKinney, TX has a population of 164,760, while the median age is 35. The household income in McKinney, TX is around $87,608. The homeownership rate among the residents is 67%. The median residential property value in McKinney, TX that you should keep in mind is $255,300.
| Population | 164,760 |
| Median Age | 35 |
| Poverty Rate | 7% |
| Household Income | $87,608 |
| Number Of Employees | 82,370 |
| Median Property Value | $255,300 |
Business & Economy
Wage by Common Jobs
Average salary in McKinney, TX: $45,808
- 1. Miscellaneous managers$103,372
- 2. Registered nurses$67,311
- 3. Firstline supervisors of retail sales workers$53,962
- 4. Elementary & middle school teachers$47,677
- 5. Driver/sales workers & truck drivers$46,514
Highest Paid Occupations
Numbers claim that the highest paid jobs in McKinney, TX are Management Occupations, Computer & Mathematical Occupations, Computer, Engineering, Science Occupations, Architecture & Engineering Occupations and Management, Business, Financial Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 5% recently, there must be a strong understanding of industries people of McKinney, TX work in. The highest paid industries are Mining, Quarrying, Oil & Gas Extraction, Professional, Scientific, Technical Services, Information, Management of Companies & Enterprises and Manufacturing.
Demographics
Race & Ethnicity
According to latest census, McKinney, TX is a home for 77% white residents. The second common group is black with 12% residents. The list of the most common racial or ethnic groups is closed by asian with 6% residents.
Non-English Speakers
Education
Past year McKinney, TX universities awarded around 510,600 degrees. Statistics show that the population of students in McKinney, TX includes 255,300 female students and 255,300 male students. McKinney, TX offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Collin County Community College District with the majority of graduates. The share of the public colleges in McKinney, TX is 100 and n/a go to the private colleges.
Universities
- 1. Collin County Community College District3,407 graduates
Public vs Private
Health and Safety
Primary care physicians in McKinney, TX see an average of 1,064 patients, dentists 1,499 patients, metal health providers 1,028 patients, and other healthcare providers 1,828 patients per year.
Transportation
Commute Time
Average travel time: 26.67 minutes
Commuter Transportation
Citizens of McKinney, TX travel to their offices around 27 minutes lately and drove alone to get there. The rest of the residents worked at home and carpooled.
Housing Trends
How much is an apartment in McKinney, TX, USA
Average rent in McKinney: $2,659 (+6.9%)
| Rent Price | May | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,994 | +28.8% |
| 2 bed rentals | $2,135 | +12.3% |
| 3 bed rentals | $2,560 | +2% |
| 4+ bed rentals | $3,240 | +11.9% |
Over the May 2022, the average rent for an apartment in/near McKinney, TX increased by 6.9% to $2,659.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,994 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $2,135. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,560. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $3,240 for a big-family home.
| Rent Type Price | May | vs Last Month |
|---|---|---|
| Apartment rentals | $2,141 | +29.4% |
| Townhouse rentals | $2,905 | +6.4% |
| Loft rentals | $2,600 | N/A |
| Room rentals | $1,181 | +57.5% |
| House rentals | $2,847 | +8.9% |
| Duplex rentals | $1,487 | +8.9% |
| Condo rentals | $3,200 | N/A |
Looking at the median rent price for an apartment in McKinney, TX, you can note that it remains flat with a price tag of $2,141. The median rent for a house is still $2,847 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $3,200. An average duplex is now available for $1,487, cause median rent for a duplex remains the same this month. The median rent for a loft did not face significant changes this time, it now still goes for $2,600. If you’re looking for a room, the price tag still starts at $1,181. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $2,905.
Rent vs Own
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