Similar to nearby areas, it is substantially more expensive compared to the entire country. Compared to the city of Dallas, it is a lot more expensive.
Home prices
The median home in McKinney costs $309,200. This is about $9,440 (2%) lower compared to its nearby areas.It is approximately $91,700 (42%) higher compared to the entire nation, and is roughly $121,100 (64%) higher in comparison to the city of Dallas.
Rents
The median rent in McKinney is $1,394 a month. In comparison to other places in this area it is roughly $22 (1%) higher.It is about $332 (31%) higher compared to the nation as a whole, and in comparison to the city of Dallas it is approximately $342 (32%) higher.
Nearby places
Fairview
Fairview is McKinney's neighbor to the southeast. Its real estate prices are a little more expensive. Fairview's median home cost is $376,400, which is $67,200 (17%) higher than McKinney. Its rents are a little more expensive. The median monthly rent in Fairview is $1,553, which is $159 (10%) higher than McKinney.
Lowry Crossing
Lowry Crossing is McKinney's neighbor to the east. The housing prices there are substantially less expensive. Lowry Crossing's median home price is $228,300, which comes out to $80,900 (35%) lower than McKinney. Rent there is a bit less expensive. The median monthly rent in Lowry Crossing is $1,223, which comes out to $171 (13%) lower than McKinney.
Allen
Allen is McKinney's neighbor to the south. Its housing prices are fairly similar. The median home price in Allen is $303,300, which comes out to $5,900 (1%) lower than McKinney. Rent there is a little more expensive. In Allen the median rent is $1,487 per month, which comes out to $93 (6%) higher than McKinney.
Prosper
Prosper is McKinney's neighbor to the west. Its housing prices are substantially more expensive. Prosper's median home value is $459,500, which works out to $150,300 (32%) higher than McKinney. Rents there are a bit more expensive. The median rent in Prosper is $1,497 per month, which is $103 (6%) higher than McKinney.
New Hope
New Hope is roughly 5 miles east of McKinney. Housing prices there are significantly less expensive. New Hope's median home cost is $225,700, which comes out to $83,500 (36%) lower than McKinney. Its rents are a bit less expensive. The median monthly rent in New Hope is $1,100, which works out to $294 (26%) lower than McKinney.
