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McKinney's apartment rent decrease leads nation

​​​McKinney – This suburb north of Dallas led the nation in rent relief as of June. Latest data for the city of 200,000 show the monthly average rent at about $681, down more than 50 percent year over year (YoY).

In contrast, Austin had the seventh highest average monthly rent at $3,257. Rents there have more than doubled since June 2021, growing by 108 percent YoY.

According to, Houston made the list of top ten largest rent decreases. The Bayou City had a 14.7 percent drop YoY.

New York City set a new national record for one-bedroom average monthly rents in June at $5,812, up 41 percent.​


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