Living north of Frisco offers a blend of affordability, modern housing, and family-friendly communities. McKinney, Allen, and Prosper each bring unique perks for renters, from spacious luxury apartments to excellent schools and vibrant amenities. Here’s a quick overview:
- McKinney: Ranked #1 for renters in 2025, offering affordable luxury apartments (83% classified as luxury), historic downtown charm, and a strong economy with a 3.5% unemployment rate. Average rent: $1,412.
- Allen: Known for top-rated schools, abundant shopping (Allen Premium Outlets, Watters Creek), and parks like Oak Point Preserve. Average rent: $1,419.
- Prosper: Features master-planned communities like Windsong Ranch with resort-style amenities, top schools, and a safe, small-town vibe. Average rent: $1,462.
Quick Comparison
| Feature | McKinney | Allen | Prosper |
|---|---|---|---|
| Avg. Rent | $1,412 | $1,419 | $1,462 |
| Lifestyle | Historic-modern mix | Family-focused | Luxury communities |
| Top Perks | Affordable luxury | Shopping & parks | Resort-style living |
Families, remote workers, and those seeking suburban calm with upscale living will find these areas ideal. Each city caters to different lifestyles, ensuring renters can find their perfect fit.
McKinney: Historic Downtown Meets New Development
McKinney offers a unique blend of historic charm and modern growth, making it a standout rental destination just north of Frisco. Known for its preserved character and rapid expansion, McKinney has become one of the fastest-growing cities in the country, balancing its rich history with the conveniences of contemporary living .
Historic Downtown and Walkable Areas
At the heart of McKinney lies Historic Downtown, a vibrant hub filled with beautifully preserved architecture, local boutiques, restaurants, and an array of community events . The area provides a walkable, tree-lined setting that exudes small-town charm, creating a welcoming neighborhood feel.
Outside of downtown, neighborhoods like Craig Ranch, Adriatica Village, Tucker Hill, Nature Place, and Stonebridge Ranch showcase thoughtfully designed communities with upscale amenities . These areas cater to a variety of lifestyles, offering an appealing mix of convenience and charm.
McKinney’s focus on mixed-use developments allows residents to enjoy a seamless "live, work, and play" lifestyle . This approach highlights the city’s dedication to creating spaces that support a family-friendly environment, further enhanced by top-rated schools and abundant recreational opportunities.
School Districts and Family Living
McKinney is a haven for families, thanks to its excellent school districts and numerous parks, recreational facilities, and community events. The city’s economic stability is reflected in its average individual income of $53,008, which supports its continued growth.
Apartment Options and Rent Prices
McKinney’s mix of history and modernity extends to its rental market, offering a variety of options that balance style and affordability. With an average rent of $1,412, McKinney provides a cost-effective alternative to other nearby suburbs. The rental market includes everything from large apartment complexes to smaller units and single-family homes.
Rental prices vary by apartment size and amenities. Studio apartments average $1,163 per month, while one-bedroom units are around $1,412. Two-bedroom apartments typically cost $1,835, and three-bedroom units average $2,537. Overall, McKinney remains a competitive choice for renters.
| Complex | 1-Bedroom Starting Price | Key Features |
|---|---|---|
| Cendana Craig Ranch | $1,549 | Upscale location, resort-style amenities |
| The Sylvan At Painted Tree | $1,299 | Modern units, family-friendly |
| Villas At Stonebridge Ranch | $1,255 | Prestigious community, country club access |
| Bell Tower Flats | $1,276 | Downtown proximity, walkable location |
| Mason Apartment Homes | $1,232 | High-rated, frequent move-in specials |
| McKinney Village | $1,237 | Studios available, convenient location |
For those seeking luxury, Cendana Craig Ranch offers a premium experience with its upscale setting and resort-like amenities. Mason Apartment Homes, on the other hand, provides excellent value with frequent move-in specials. Budget-minded renters can explore options like 1701 At Eldorado, where one-bedroom units start at $931, or Soho Parkway, with prices beginning at $1,048. Additionally, age-restricted options such as Mera Craig Ranch 55+ Active Adult cater to specific needs, with studios starting at $1,299 and one-bedroom units at $1,564.
Allen: Shopping, Parks, and Top Schools
Allen is a vibrant suburb that offers a perfect blend of convenience, recreation, and excellent schools. Known as one of the most appealing places to live north of Frisco, this thriving community provides a well-rounded lifestyle for residents of all ages.
Shopping and Local Attractions
Allen boasts a retail scene centered around three major shopping destinations. At the heart of it all is Allen Premium Outlets, located at 820 W Stacy Rd. This outdoor shopping haven draws visitors from across the Dallas-Fort Worth metroplex with its wide range of brand-name stores offering discounted prices. From fashion to home goods and specialty items, it’s a one-stop destination for nearly any shopping need.
Another standout is Watters Creek, located at 970 Garden Park Dr. This upscale, mixed-use development combines retail, dining, and entertainment in a walkable setting. It’s more than just a shopping spot – it’s a lively community hub where residents can relax, dine, and socialize close to home.
Allen’s dining scene is just as impressive, with over 250 restaurants offering a variety of cuisines. Whether you’re in the mood for casual family meals or upscale dining, there’s always something new to try.
For entertainment and recreation, the area near Allen Premium Outlets is packed with options. Highlights include the Allen Event Center, Cabela’s outdoor store, Eagle Stadium, and Celebration Park, making this part of the city a hotspot for fun and leisure.
Parks and Recreation for Families
Allen takes outdoor recreation seriously, offering an outstanding park system that caters to active families and nature lovers alike. The crown jewel is Oak Point Park and Nature Preserve, a sprawling 800-acre space with 9.5 miles of trails. It’s the perfect spot for hiking, biking, or simply enjoying the beauty of nature.
Another favorite is Celebration Park, a 97-acre hub that features sports fields, tennis and pickleball courts, and a sprayground for summer fun. The park’s kidMania playground is a standout feature, recognized as one of the largest handicap-accessible playgrounds in Texas, ensuring inclusive fun for all families.
If you’re looking for water activities, Bethany Lakes Park offers serene lake views and fishing opportunities, along with the Allen Veterans Memorial, a tribute to U.S. Armed Forces heroes. Meanwhile, Allen Station Park provides a 125-acre space with BMX and skate parks, as well as baseball and softball complexes.
In 2018, Allen added Spirit Park to its growing list of recreational spaces. This regional park includes a playground, splash pad, skate park, dog park, disc golf course, fishing pier, and multipurpose fields. Its 2.5 miles of trails connect to other parks in the area, creating an extensive network of outdoor spaces for residents to explore.
The city’s Parks and Recreation department also offers rental options for athletic fields, recreation centers, and park pavilions, making it easy for residents to host events and gatherings in beautiful settings.
Apartment Options and Rent Prices
Allen’s housing options complement its dynamic shopping and park scenes, offering modern apartments with convenient access to top schools and recreational areas. Whether you’re looking for a sleek loft or a family-friendly complex, the city has something to suit various budgets and lifestyles.
In the Watters Creek area, you’ll find contemporary lofts with high-end finishes alongside family-oriented properties featuring amenities like pools and play areas. These options create a live-work-play environment that appeals to both professionals and families.
For those focused on education, many apartment complexes are located within the boundaries of Allen ISD, making it easy for families to benefit from the district’s excellent schools. These properties often come with family-friendly amenities, adding to their appeal.
With a growing economy and competitively priced rentals, Allen offers a stable and inviting environment for long-term residents. The combination of great schools, abundant recreation, and convenient shopping makes Allen apartments highly desirable for families and professionals seeking a balanced suburban lifestyle.
Prosper: New Construction and Planned Communities
Prosper combines the charm of small-town living with the convenience of city life, drawing families and professionals to its modern neighborhoods. With a population of about 35,000 as of 2024, this rapidly expanding community offers contemporary living in thoughtfully designed developments.
Planned Communities and New Construction
Prosper’s master-planned communities are designed to offer more than just housing – they create spaces where residents can enjoy resort-style amenities and build a strong sense of belonging.
Take Windsong Ranch, for example. This standout development features a stunning 5-acre freshwater lagoon surrounded by white sand beaches, complete with water sports rentals and a children’s play area. Residents also have access to The Commons, an amenity center offering a cafe, tennis and pickleball courts, a fitness center, a resort-style pool with a lap lane, and a splash park for kids.
But that’s not all. The Bridge amenity center includes a multi-purpose event space with a catering kitchen and amphitheater-style seating, while The Court House provides racquet courts and a beer garden for social gatherings. With 600 acres of open green space, over 30 miles of trails for hiking and biking, a mountain biking course, a community garden, and an 18-hole disc golf course, Windsong Ranch offers an active lifestyle for its residents.
Nearby, Mosaic boasts a lazy river, a pool complex, and a lake with fishing piers. It also features indoor and outdoor social spaces, a creative play area, a fitness center, and an extensive trail system.
Meanwhile, The Gates of Prosper focuses on family-friendly amenities, including parks and playgrounds. These modern developments highlight Prosper’s dedication to offering spacious, comfortable housing in environments that encourage both relaxation and connection.
Top Schools and Family Appeal
In addition to its modern communities, Prosper shines as a family-friendly town, thanks to its excellent schools and safe, community-focused atmosphere. The highly rated Prosper Independent School District (PISD) is a major draw for families. Its smaller size compared to neighboring districts allows for more personalized education and stronger community engagement.
Safety is another key factor, as Prosper consistently ranks among the safest areas when compared to nearby cities like Frisco, McKinney, and Plano. The town also hosts regular community events, further enhancing its close-knit feel.
With nearly 90% of residents owning their homes as of the 2022 census, Prosper offers stability and a sense of long-term commitment, making it an appealing choice for families looking to settle down.
Apartment Options and Rent Prices
Although Prosper is predominantly a homeowner’s market, there are rental options for those seeking flexibility. As of July 2025, the average rent in Prosper is $1,462 per month.
For those looking for premium living, Luminest Prosper offers one-bedroom apartments starting at $1,534 and two-bedroom units from $2,134. These apartments come equipped with modern features like stainless steel appliances, granite countertops, in-unit washers and dryers, walk-in closets, and private balconies.
For renters on a budget, Lakeview at the Gates of Prosper provides more affordable options, with one-bedroom apartments starting at $1,313 and two-bedroom units beginning at $1,930. Despite the lower price point, residents still enjoy access to amenities like fitness centers and swimming pools.
Here’s a quick breakdown of average rent prices by apartment size:
| Apartment Size | Average Monthly Rent |
|---|---|
| Studio | $1,184 – $1,462 |
| One-bedroom | $1,461 – $1,712 |
| Two-bedroom | $1,628 – $2,217 |
| Three-bedroom | $2,567 |
Interestingly, 93% of apartments in Prosper are priced above $2,101 per month, with the median rent across all types reaching $2,995. Although rent prices have dipped 1.4% over the past year, only 12% of households in Prosper are renter-occupied. This makes apartment availability competitive, but the high-quality amenities and modern conveniences make renting in Prosper a worthwhile choice.
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Apartment Living Comparison: Amenities, Pricing, and Lifestyle
This comparison breaks down the essentials of apartment living in McKinney, Allen, and Prosper. From pricing to amenities and lifestyle offerings, here’s everything you need to know to make an informed decision. The table below provides a quick snapshot of the key metrics.
Apartment Comparison Table
McKinney stands out with the most budget-friendly rental options, while Prosper’s newer, upscale developments come with slightly higher price tags.
| Feature | McKinney | Allen | Prosper |
|---|---|---|---|
| Average Monthly Rent | $1,412 (14% below national avg) | $1,419 (13% below national avg) | $1,462 (11% below national avg) |
| Studio Apartments | $1,163 | $1,403 | Not available |
| One-Bedroom | $1,412 | $1,419 | $1,462 |
| Two-Bedroom | $1,835 | $1,844 | $1,994 |
| Three-Bedroom | $2,537 | $2,278 | $2,567 |
| Year-over-Year Change | -0.6% decrease | -3.2% decrease | -1.4% decrease |
| Lifestyle Focus | Historic charm meets modern living | Family-oriented with shopping access | Master-planned luxury communities |
Amenities: What Each City Offers
Each city delivers a unique living experience, with amenities tailored to different lifestyles.
- McKinney: Apartments like McKinney Village and Discovery at Craig Ranch focus on creating a community vibe. Think community gardens, outdoor kitchens, and cozy fireside spaces for socializing.
- Allen: Convenience and connectivity take center stage here. The Montgomery at Watters Creek offers direct trail access, coffee bars, and co-working lounges, while The Link at Twin Creeks features automated package lockers and dedicated yoga and spin studios.
- Prosper: High-end amenities dominate in this area. Livano Prosper offers unique perks like an onsite marketplace and pet spa, while Orion Prosper caters to modern renters with Peloton bikes, EV charging stations, and outdoor yoga lawns.
Pricing and Lifestyle Considerations
When it comes to budget, McKinney shines for families needing three-bedroom apartments, averaging $2,537 per month. Allen, however, offers the most affordable three-bedroom option at $2,278. Prosper, with its luxurious developments, has the highest average for three-bedroom units at $2,567. Additional costs, such as fees for parking, pets, and certain amenities, should also be factored into your budget.
Lifestyle preferences also play a major role. McKinney offers a charming mix of historic downtown walkability and suburban convenience. Allen focuses on family-friendly features and proximity to excellent shopping, especially near its popular retail centers. Prosper, on the other hand, delivers a resort-like atmosphere within its master-planned communities.
Remote Work Perks
For those working from home, all three cities provide excellent options. Prosper’s Livano complex includes private offices as part of its amenities, while many Allen properties, like The Link at Twin Creeks, feature conference centers for occasional meetings. These features make it easier for remote workers to stay productive while enjoying the comforts of home.
Whether you’re drawn to McKinney’s affordability, Allen’s family-oriented vibe, or Prosper’s luxury living, each city offers something distinct to suit a variety of needs and lifestyles.
Who Should Rent Here? Best Fit Residents
These suburbs offer a unique mix of amenities and lifestyle perks, making them appealing to families and remote workers who value convenience and a high quality of life. McKinney, Allen, and Prosper stand out for their suburban charm, excellent schools, and strong sense of community, all set within Collin County’s highly-rated environment.
Families and Long-Term Renters
Families form a significant part of these communities, with Allen reporting 80% of households as family-based and a median age of 41. The draw? Outstanding schools and family-friendly amenities. McKinney’s schools average a solid 6.7 rating, while Allen boasts exceptional facilities, including the renowned Allen High School. Prosper is no exception, offering consistently top-ranked schools in Texas.
Financially, these areas are well-suited for family living. Allen’s median annual income stands at $107,438, and McKinney’s cost of living is 2.5% below the national average. With a strong local economy and steady job growth, these suburbs offer long-term renters stability and access to quality housing. Professionals seeking a balance between work productivity and a relaxed suburban lifestyle will find these communities equally appealing.
Remote Workers and Professionals
For remote workers and professionals, these suburbs tick all the right boxes. McKinney’s rental market, for instance, features modern, spacious units – nearly a third of which were built in the last five years. The average unit spans 948 square feet and includes perks like high-speed internet and dedicated workspaces, ideal for remote work setups.
Beyond the home office, the area offers plenty of ways to unwind. With more than 40 parks, scenic hike-and-bike trails, and natural retreats like Towne Lake, residents enjoy a balanced work-life dynamic. The small-town charm is complemented by urban conveniences, from McKinney’s historic downtown with boutique shops and award-winning restaurants to Allen Premium Outlets and Prosper’s resort-style planned communities.
"McKinney offers the perfect blend of charm, comfort, and opportunity." – The Real McCoys, Realty International Group
Pros and Cons of Renting North of Frisco
Living in areas like McKinney, Allen, and Prosper has its perks, but like any location, it comes with some trade-offs. These northern suburbs of Frisco offer a mix of benefits and challenges that renters should weigh carefully. Here’s a breakdown of what to expect:
Pros and Cons Comparison
| Advantages | Challenges |
|---|---|
| High Quality of Life: Excellent schools and community-focused amenities. | Car Dependency: Public transportation options are limited, so owning a car is often necessary, which can add to overall expenses. |
| Affordable Luxury: Upscale rentals often cost less than similar options in urban areas. | Limited Nightlife: Entertainment and nightlife options are fewer compared to downtown Dallas. |
| Modern Housing Options: About one-third of McKinney rentals are newly built, offering spacious units averaging 948 sq. ft.. | Higher Costs in Premium Areas: Rentals in upscale communities may be out of reach for those on tighter budgets. |
| Top-Notch Schools: Allen ISD ranks #3 in the DFW area with an A+ rating, while McKinney ISD, serving over 24,000 students, has an A rating. | Transportation Costs: Commuting and driving-related expenses can add up. |
| Strong Local Economy: McKinney boasts a low 3.5% unemployment rate, a 48% increase in renter income over the last five years, and about 70% of rentals are near parks, shops, and restaurants. | Quiet Suburban Vibe: The slower pace may not suit those craving the energy of city life. |
For families, the appeal lies in the excellent schools and modern amenities, but the suburban lifestyle might not be for everyone. Remote workers and families often find these trade-offs manageable, while young professionals might lean toward urban areas for a more vibrant social scene.
"McKinney is quieter and calmer than Plano or Frisco" – Sam the Girl
Budget-conscious renters should also keep transportation costs in mind when planning. Still, the combination of modern housing, outstanding schools, and strong community infrastructure makes the area attractive for those seeking a suburban lifestyle north of Frisco. These insights provide a clearer picture to help you decide if this lifestyle aligns with your needs and goals.
Final Thoughts
McKinney, Allen, and Prosper stand out as some of the best options for suburban living in North Dallas, combining quality, affordability, and a true sense of community. These cities have rightfully earned their reputation as prime destinations for families, remote workers, and renters who are looking for more than just a roof over their heads.
McKinney’s top ranking for renters and Collin County’s recognition as the best place to live in Texas for 2025 highlight the appeal of this region. McKinney’s title as the #1 city for renters in America isn’t just a statistic – it reflects real advantages, such as spacious, reasonably priced apartments averaging 948 square feet. Similarly, Collin County’s accolades emphasize the outstanding quality of life found in these northern suburbs. Together, these factors make the area an attractive alternative to the challenges of urban living.
While Dallas grapples with smaller apartments and higher living costs, these northern communities deliver more space, better value, and a stronger sense of connection. For families, the combination of top-rated schools, modern amenities, and safe neighborhoods creates an ideal environment for raising children. Remote workers benefit from roomy apartments, reliable infrastructure, and a peaceful atmosphere that fosters productivity. Meanwhile, renters looking for value can enjoy upscale living without the hefty price tag often associated with city life.
The economic strength of these suburbs further enhances their appeal. McKinney boasts a low unemployment rate of 3.5%, while Prosper’s median household income surpasses $178,000, providing a foundation of stability and opportunity. Exciting developments like the upcoming Universal Kids Resort in nearby Frisco and the expansion of master-planned communities signal even brighter prospects for the future.
Whether it’s McKinney’s historic charm, Allen’s vibrant community vibe, or Prosper’s forward-thinking developments, these suburbs consistently deliver more than just a place to live – they offer an environment where people can truly thrive. Ready to find your perfect home? Taco Street Locating is here to help make that happen.
FAQs
What sets McKinney, Allen, and Prosper apart for renters looking to live north of Frisco?
McKinney draws attention with its historic charm, walkable downtown, and beautiful parks. The city blends older homes with modern developments, often offering a more budget-friendly cost of living compared to nearby areas.
Allen shines for its family-oriented atmosphere, highly-rated schools, and proximity to shopping destinations like Allen Premium Outlets. Renters can choose from a range of upscale apartments and enjoy a strong community feel, though rental prices here are generally higher.
Prosper appeals to those looking for newer homes and master-planned neighborhoods. This fast-growing suburb provides spacious properties, room for future growth, and a quiet environment. On the downside, it relies heavily on cars and offers fewer nightlife options than McKinney or Allen.
How do McKinney, Allen, and Prosper compare when it comes to schools, and which area is ideal for families with kids?
McKinney, Allen, and Prosper are all known for their excellent school districts, making them attractive options for families. Allen ISD and Lovejoy ISD stand out for their highly rated schools and strong academic track records, making Allen a prime spot for families who place a high value on education. McKinney ISD also offers quality schools with diverse programs to meet various student needs, while Prosper ISD is drawing attention for its newer schools and rapid expansion, which appeal to families looking for modern facilities and growing opportunities.
For families focused on school ratings, Allen often comes out on top. However, all three areas provide a great environment for raising children with access to strong educational resources.
What are some challenges of renting in McKinney, Allen, or Prosper compared to living in a city like Dallas?
Renting in McKinney, Allen, or Prosper presents some distinct differences compared to the hustle and bustle of urban life in Dallas. One major factor is that these areas are heavily car-dependent. With limited public transportation, having a vehicle is pretty much a necessity for running errands or commuting.
Another noticeable difference is the quieter nightlife and entertainment scene. You won’t find as many bars, clubs, or late-night spots here. For those who thrive on the vibrant energy of city life, the slower suburban pace might feel a bit subdued.
That said, these trade-offs often come with perks like more spacious living, newer housing options, and a family-oriented environment – qualities that many renters find appealing.
