
Expensive
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These days, finding an affordable place to live in the McKinney area can be challenging. Home prices in McKinney are now at a median cost of $395,054, lower than the Austin average of $520,918.
The average cost of rent is $1,954/mo in McKinney, primarily driven by the current value of real estate in the McKinney area. In McKinney, 27.55% of households rent, and 25.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McKinney is $7,083 per month. Households that rent pay about 27.59% of their income on rent here. McKinney’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Franklin Park, Austin, TX: less expensive homes
- Parker Lane, Austin, TX: higher priced homes
- East Congress, Austin, TX: higher priced homes
- Saint Edwards, Austin, TX: higher priced homes
- Sweetbriar, Austin, TX: higher priced homes
- Pleasant Valley, Austin, TX: less expensive homes
- West Congress, Austin, TX: higher priced homes
- Riverside, Austin, TX: higher priced homes
- Montopolis, Austin, TX: less expensive homes
- South Manchaca, Austin, TX: higher priced homes
Neighborhoods with Similar Populations
- Friendly Acres, Redwood City, CA: higher priced homes
- Downtown South San Francisco, South San Francisco, CA: higher priced homes
- Downtown Tulsa, Tulsa, OK: less expensive homes
- East End, Portland, ME: higher priced homes
- East Shore, East Haven, CT: less expensive homes
- West Riverside, New Orleans, LA: higher priced homes
- El Miradero, Glendale, CA: higher priced homes
- Estudillo Estates-Glen, San Leandro, CA: higher priced homes
- Exchange Place, Waterbury, CT: less expensive homes
- Fairground, Des Moines, IA: less expensive homes
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