Home Price Key
Affordable
Average
Expensive
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 $352,789, higher than the Texas average of $235,268.
The average cost of rent is $1,799/mo in McKinney, primarily driven by the current value of real estate in the McKinney area. While nearly 24.61% of residents own their homes outright in McKinney, 31.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in McKinney is $9,567 per month. Households that rent pay about 18.81% of their income on rent here. McKinney's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Fairview, TX: equally priced homes
- Allen, TX: higher priced homes
- New Hope, TX: less expensive homes
- Prosper, TX: higher priced homes
- Frisco, TX: higher priced homes
- Lucas, TX: higher priced homes
- Lowry Crossing, TX: less expensive homes
- Melissa, TX: equally priced homes
- Plano, TX: equally priced homes
- Parker, TX: higher priced homes
Cities with Similar Populations
- New Rochelle, NY: higher priced homes
- New Bedford, MA: less expensive homes
- Needmore, TX: less expensive homes
- Murrieta, CA: higher priced homes
- Naples, FL: higher priced homes
- Nampa, ID: less expensive homes
- Myrtle Beach, SC: less expensive homes
- Naperville, IL: higher priced homes
- Manhattan, NY: higher priced homes
- Los Angeles, CA: higher priced homes
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