In McKinney, a typical home is worth $471,800 and typical rent is $1,901 a month. Home values, rent and income are very close to those of all of Collin County.
Typical home value from Zillow, September 2021 to September 2026: from $428,887 to $472,867.
Typical rent
$1,741a month
▼ 1.9% less than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,707 to $1,741.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
McKinney is in Collin County. The FHA loan limit ($563,500 for a one-unit home), the fair market rents and the help on this page are those of all of Collin County. See the county
What this place has that others do not, from public data, most unusual first.
1
According to Zillow, in the 12 months to September 2026 the typical home value in McKinney fell 5.1%; in Texas, it fell 1.4%.
Sources: Zillow (September 2026 data). Zillow data
The homes here
Housing in McKinney
What homes there are in McKinney, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
McKinney
Collin County
Texas
United States
Kind of home: McKinney and its comparisons
Measure
McKinney
Collin County
Texas
United States
Detached house
71%
68%
64%
61%
Attached house
3%
3%
3%
6%
Building of 2 to 4
3%
3%
5%
8%
Apartments (5 or more)
23%
25%
21%
19%
Mobile home
1%
2%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is the most common home in McKinney: 71% of homes, near the figure in Collin County (68%).
Year built
Before 19601960–19791980–19992000–20092010 or later
McKinney
Collin County
Texas
United States
Year built: McKinney and its comparisons
Measure
McKinney
Collin County
Texas
United States
Before 1960
4%
2%
12%
26%
1960–1979
4%
8%
21%
24%
1980–1999
19%
32%
28%
25%
2000–2009
33%
25%
18%
14%
2010 or later
40%
33%
21%
11%
Here half of the homes date from 2007 or later; in Collin County, from 2003 or later.
Much as in Collin County, 72% of homes in McKinney have 3 bedrooms or more.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K3%
$100K–$200K1%
$200K–$300K7%
$300K–$500K46%
$500K–$750K31%
FHA limit: $563,500
$750K–$1M10%
$1M or more2%
Value of owner-occupied homes: McKinney and its comparisons
Measure
McKinney
Under $100K
3%
$100K–$200K
1%
$200K–$300K
7%
$300K–$500K
46%
$500K–$750K
31%
$750K–$1M
10%
$1M or more
2%
About 65% of owner-occupied homes in McKinney are worth less than the FHA loan limit for Collin County ($563,500); the rest are worth more.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$9993%
$1,000–$1,49922%
$1,500–$1,99930%
$2,000–$2,49924%
$2,500–$2,99912%
$3,000 or more9%
Monthly rent with utilities: McKinney and its comparisons
Measure
McKinney
Under $500
Unreliable estimate
$500–$999
3%
$1,000–$1,499
22%
$1,500–$1,999
30%
$2,000–$2,499
24%
$2,500–$2,999
12%
$3,000 or more
9%
With a mortgage
$2,763 a month
Collin County: $2,843 a month
Without a mortgage
$1,114 a month
Collin County: $1,101 a month
Owners with a mortgage
74%
Collin County: 69%
The typical cost for an owner with a mortgage in McKinney is $2,763 a month, near the figure in Collin County ($2,843).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
McKinney+53%
Collin County+51%
Texas+65%
United States+53%
Typical rent
McKinney+36%
Collin County+34%
Texas+34%
United States+33%
Typical household income
McKinney+33%
Collin County+26%
Texas+27%
United States+29%
Change since 2015–2019: McKinney and its comparisons
Measure
McKinney
Collin County
Texas
United States
Typical home value
+53%
+51%
+65%
+53%
Typical rent
+36%
+34%
+34%
+33%
Typical household income
+33%
+26%
+27%
+29%
From 2015–2019 to 2020–2024, home values in McKinney rose at about the same pace as in Collin County: 53% against 51%.
Rents in McKinney rose at about the same pace as in Collin County: 36% since 2015–2019, against 34%.
The typical household income in McKinney rose 33%: less than home values (+53%) and rent (+36%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: McKinney and its comparisons
Measure
McKinney
Collin County
Texas
United States
Rental vacancy
6.6%
6.1%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
1.1%
0.9%
More than one person per room
2.7%
3.1%
4.8%
3.4%
People per household
2.82
2.77
2.69
2.53
Drive alone
65%
62%
71%
69%
Carpool
7%
7%
10%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
1%
1%
2%
3%
Work from home
25%
28%
14%
15%
Other means
2%
2%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
In McKinney, the rental vacancy rate is 6.6%, about the same as in Collin County.
In McKinney, 2.7% of households live with more than one person per room, about the same as in Collin County.
Much as in Collin County, a household in McKinney has 2.82 people on average.
To get to work, 65% of workers in McKinney drive alone; in Collin County, 62%.
Do the math
What would you pay each month for a home in McKinney?
A typical home costs more than the typical income allows
We start with a typical home in McKinney, worth $471,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income in McKinney, which is $124,215 a year. For that payment to be 28% of income, a household would need to earn about $179,667 a year.
The calculator's FHA and conventional loan limits are those of all of Collin County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in McKinney. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $16,513 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$4,192
at 7.18% · 30 years
Loan amount
$463,255
Total interest
$666,515
Paid off in
November 2056
Includes $7,968 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,898 a month
Tight
$2,898 to $3,726 a month
Hard
more than $3,726 a month
Your payment · 40%
Compared with the typical household income in McKinney ($124,215 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,138
Property tax
$649
Home insurance
$197
FHA mortgage insurance (MIP)
$209
You need at least $16,513 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $4,192; principal and interest $3,138.
The city and its county
McKinney and Collin County
McKinney is in Collin County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
McKinney
Map of Collin County, Texas, with McKinney marked. Around it, the neighboring counties.
McKinney
Collin County
Other cities with a page
McKinney's own numbers
Typical home value
$471,800
Typical monthly rent
$1,901
Typical yearly household income
$124,215
Households that own their home
64%
Effective property tax rate
1.65%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Collin County
FHA limit, one-unit home
$563,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,807
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
0.3%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Collin County.
A typical home in McKinney is worth $471,800: about the same as the county and 66% above Texas. With the typical household income in McKinney ($124,215 a year), a typical home costs 3.8 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
McKinney3.8 years
Collin3.9 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Collin County
According to FHFA’s house price index, home prices in Collin County rose 102% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Collin County.
Yearly change in FHFA’s price index in Collin County, 2016 to 2025
2016: +10.6% +10.6% 2016
2017: +9.9% +9.9% 2017
2018: +5.1% +5.1% 2018
2019: +2.3% +2.3% 2019
2020: +2.1% +2.1% 2020
2021: +14.7% +14.7% 2021
2022: +24.3% +24.3% 2022
2023: +4.5% +4.5% 2023
2024: +2.1% +2.1% 2024
2025: −0.8% −0.8% 2025
Change in FHFA’s price index in Collin County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
−0.8%
+0.8%
+2.9%
5 years (2020–2025)
+51%
+44%
+47%
10 years (2015–2025)
+102%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
McKinney next to Collin County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
McKinney$471,800
Collin$475,600
Texas$283,800
United States$332,700
Typical monthly rent
McKinney$1,901
Collin$1,859
Texas$1,403
United States$1,413
Typical yearly household income
McKinney$124,215
Collin$121,600
Texas$78,476
United States$80,734
See the full table
McKinney next to Collin County and Texas
Measure
McKinney
Collin County
Texas
U.S.
Typical home value
$471,800
$475,600
$283,800
$332,700
Typical monthly rent
$1,901 ▲2% above the county
$1,859
$1,403
$1,413
Typical yearly household income
$124,215 ▲2% above the county
$121,600
$78,476
$80,734
Households that own their home
64% ▼1 points below the county
65%
63%
65%
Typical yearly property tax
$7,791 ▲4% above the county
$7,521
$4,232
$3,119
Effective property tax rate
1.65% ▲0.07 points above the county
1.58%
1.49%
0.94%
Renters with high rent for their income
48% ▲1 points above the county
48%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Collin County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in McKinney
For a typical $471,800 home in McKinney, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, McKinney's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$4,192a month
Least cash to close
Down payment
$16,513
Cash to close
$30,667
Rate
7.18%
Mortgage insurance
FHA MIP · $209
Conventional, 5% down$4,106a month
Down payment
$23,590
Cash to close
$37,744
Rate
7.18%
Mortgage insurance
PMI · $224
Conventional, 20% down, no PMI$3,402a month
Down payment
$94,360
Cash to close
$108,514
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,838a month
Down payment
$70,770
Cash to close
$84,924
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in McKinney
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$4,192
$16,513
$463,255
7.18%
FHA MIP · $209
$30,667
580
Conventional, 5% down
$4,106
$23,590
$448,210
7.18%
PMI · $224
$37,744
620*
Conventional, 20% down, no PMI
$3,402
$94,360
$377,440
7.18%
None
$108,514
620*
ITIN, 15% down (example)
$3,838
$70,770
$401,030
8.18%
None
$84,924
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in McKinney is $1,901 a month: 2% above the county. In McKinney, 48% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Collin County, by unit size. To pay the 2-bedroom one ($1,807 a month) without spending more than 30% of your income, you would need to earn $34.75 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Collin County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,491
$28.67
$59,640
1 bedroom
$1,536
$29.54
$61,440
2 bedrooms
$1,807
$34.75
$72,280
3 bedrooms
$2,275
$43.75
$91,000
4 bedrooms
$2,892
$55.62
$115,680
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in McKinney
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). McKinney has 4 ZIP codes with their own.
For 2 bedrooms it runs from $1,890 in 75069 to $2,710 in 75072.
4 of the 4 are above the fair market rent for Collin County ($1,807).
2-bedroom fair market rent in each of the 4 ZIP codes of McKinney, beside the one for Collin County. For 2 bedrooms it runs from $1,890 in 75069 to $2,710 in 75072. 4 of the 4 are above the fair market rent for Collin County ($1,807).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,807
Lowest: $1,890 (75069)Highest: $2,710 (75072)
Fair market rent by ZIP code and size in McKinney, fiscal year 2027.
75069
$1,560
$1,610
$1,890
$2,380
$3,030
75070
$1,770
$1,820
$2,140
$2,690
$3,430
75071
$2,000
$2,070
$2,430
$3,060
$3,890
75072
$2,240
$2,300
$2,710
$3,410
$4,340
ZIP code2 bd3 bd
75069 $1,890$2,380
75070 $2,140$2,690
75071 $2,430$3,060
75072 $2,710$3,410
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for McKinney when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 19 buildings with rents for lower incomes in McKinney. These are the largest.
Skyway Villas2000 Skyline Dr, McKinney 75071240 low-income homes · In service since 2003
Lakes of Eldorado1400 Eldorado Pkwy, McKinney 75069220 low-income homes · 1 bd: 100 · 2 bd: 80 · 3 bd: 40 · In service since 1995
Country Lane Seniors Community2401 Country View Ln, McKinney 75069230 homes, 207 low-income · In service since 2000
Independence at Collin MckinneyCollin Mckinney Parkway at Test Drive, McKinney 75070205 low-income homes · For older adults, people with disabilities, families, people experiencing homelessness
Creek Point Apts3300 N McDonald St, McKinney 75071200 low-income homes · In service since 2002
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Collin County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for McKinney or Collin County. The ones below are statewide in Texas: they work in McKinney the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
No legal help resource on our list is for McKinney or Collin County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for McKinney and all of Collin County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in McKinney?
The typical home value in McKinney is $471,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Collin County it is $475,600.
How much does it cost to rent in McKinney?
Typical rent in McKinney is $1,901 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Collin County is $1,807.
What is the FHA loan limit in McKinney?
McKinney uses the FHA limit for all of Collin County (2026): $563,500 for a one-unit home and $1,083,650 for a four-unit home.
How much property tax do owners pay in McKinney?
The typical homeowner in McKinney pays $7,791 a year, according to the U.S. Census Bureau. That is 1.65% of the home’s value; in Collin County, the rate is 1.58%.
Where can I find free help to buy or rent in McKinney?
We found no HUD-approved counseling agencies with an office in Collin County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
