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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 $123,343, lower than the Kentucky average of $219,615.
The average cost of rent is $671/mo in McKinney, primarily driven by the current value of real estate in the McKinney area. In McKinney, 22.89% of households rent, and 47.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McKinney is $4,338 per month. Households that rent pay about 15.47% of their income on rent here. McKinney’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jumbo, KY: higher priced homes
- Turnersville, KY: less expensive homes
- Hustonville, KY: higher priced homes
- Chicken Bristle, KY: higher priced homes
- Stanford, KY: higher priced homes
- Mount Salem, KY: equally priced homes
- Kings Mountain, KY: higher priced homes
- Maywood, KY: equally priced homes
- Waynesburg, KY: equally priced homes
- Middleburg, KY: less expensive homes
Cities with Similar Populations
- Ojibwa, WI: higher priced homes
- Newton Hamilton, PA: higher priced homes
- Newtonville, AL: higher priced homes
- Nichburg, AL: higher priced homes
- North Buckfield, ME: higher priced homes
- North Cleveland, TX: equally priced homes
- North Jay, ME: higher priced homes
- North Matewan, WV: higher priced homes
- North Wellville, VA: higher priced homes
- Nyac, AK: less expensive homes
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