McKinney, Texas Short Term Rental Regulations

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Reviewed by Karolyn Hutson

Last updated August 23, 2023

McKinney Short-Term Rental Regulations

Information is maintained by the community to provide helpful insights and links to local regulations, HostScouts does not provide legal or investment advice.

City Code of Ordinances

There are no rules or restrictions in the City of McKinney for short-term rentals unless you are outside of the city limit.

Business License Requirements

McKinney doesn't have any regulations pertaining to registering short-term rentals. If applicable, apply for all State and County licenses.

Building and Housing Standards

McKinney has rules and regulations that specify minimum building, design, maintenance standards, habitability, health, and safety requirements. Some rules and regulations that apply to residential and non-residential properties may apply to your listing. Contact the Building Inspections for more information.

Tourist and Local Taxes

Short-term rentals might also be subjected to the city, state, and county sales tax and are liable for payment as established by city, state and county law.

Other Rules

It is also essential to understand and abide by other contracts or rules that bind you, such as leases, condo boards, co-op rules, HOA rules, or rules established by tenant organizations. Please read your lease agreement and check with your landlord if applicable. Visit the City of McKinney for more information.
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  • Short Term City Rating
    7.4
  • Competition

    8.5
  • Real Estate Cost

    6.0
  • STR Regulations

    10.0
  • Seasonality

    8.7
  • Rental Rates

    3.7

McKinney, Texas Quick Stats

Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.

Population
195,308
STR License Required
No
Tourist Season
County
Collin
Airports
Dallas/Fort Worth International Airport (DFW)
Addison Airport (ADS)
Review our McKinney Texas short-term rental analytics guide, including rates, property types and other metrics

Want to learn more about McKinney?

Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.

Check out our McKinney rental analytics guide if you're interested in data on the McKinney rental market.

City Activities

Review the popular activities that hosts include in their property positing in McKinney.

City Attractions

The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.

McKinney Rental Rates & Fees

Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.

Property Types & Sizes

What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits McKinney guests.

Interested in other Texas cities?

Check out the Texas Airbnb rules directory 

What makes McKinney a great place to invest?

  • Historic Downtown McKinney: Step back in time as you explore the beautifully preserved downtown area, brimming with unique shops, art galleries, and delectable dining options. Feel the city's rich history come alive as you stroll through streets lined with picturesque 19th-century buildings.
  • Chestnut Square Heritage Village: Immerse yourself in local history with a visit to this captivating open-air museum. Wander through the village's collection of restored historic homes, catch a blacksmithing demonstration, or partake in one of their fascinating living history events.
  • Heard Natural Science Museum & Wildlife Sanctuary: Nature enthusiasts will revel in the 289-acre sanctuary, home to native flora and fauna, miles of walking trails, and interactive exhibits. The museum offers hands-on learning experiences for all ages, making it an ideal family destination.
  • Towne Lake Recreation Area: Enjoy a variety of outdoor activities at this scenic lakeside park, including hiking, fishing, and paddleboarding. The park also features a picturesque boardwalk, picnic areas, and a disc golf course, ensuring fun for the entire family.
  • Watch a game at the McKinney ISD Stadium: Cheer on the local high school sports teams at this state-of-the-art facility, which hosts a variety of sporting events and concerts throughout the year. Feel the excitement in the air as you root for the home team!
  • Erwin Park: Adventure awaits at this sprawling 212-acre park, offering everything from mountain biking and hiking trails to equestrian facilities and camping sites. Spend a day exploring the park's lush green spaces and reconnecting with nature.

McKinney Nearby Cities

Local Real Estate

How expensive is the real estate in McKinney?

The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in McKinney has decreased -9% over the past year, and the average price per square foot is $228, which is lower than the national average.

Median Sale Price

$479,743

-9% YoY

Median per Square Foot

$228

-5% YoY

Average Monthly Rent

$2,065

0% YoY

Property Descriptions

The most common terms hosts include in their listings for McKinney, Texas

Word Cloud for McKinney, Texas Short Term Rentals

Common terms for McKinney short term rental listings.

When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.

Some of the must-have elements of a property description include:

  • Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
  • Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
  • Informative: The average listing in McKinney has a description approximately 1,253 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.

After reviewing more than 580 listings in McKinney, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Family, McKinney, Place, Backyard, Downtown McKinney, Perfect, Pool, Beautiful, Feel, and Shopping.

What are the most popular tourist activities in McKinney?

Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in McKinney involve going to the City Centre, Outlet Shopping, Antiquing, Museums, and the Health Spa. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.

City Centre

Outlet Shopping

Antiquing

Museums

Health Spa

Adventure Activities

Winery Tours

Cycling

Swimming

Hiking

Rural

Water Parks

Local Attractions

What attractions do hosts highlight to guests?

There are quite a few popular attractions in McKinney, including Allen Premium Outlets, Plano Convention Center, Allen Premium Outlets, Allen Event Center, and Collin County Courthouse. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.

Regional Landmark

Allen Premium Outlets

Included on 53% of listings

Regional Landmark

Allen Event Center

Included on 53% of listings

Regional Landmark

Plano Convention Center

Included on 48% of listings

Regional Landmark

Allen Premium Outlets

Included on 47% of listings

Local Landmark

Fairview Town Center

Included on 47% of listings

Local Landmark

The Village at Allen

Included on 47% of listings

Regional Landmark

Allen Event Center

Included on 46% of listings

Local Landmark

Watters Creek at Montgomery Farm

Included on 44% of listings

Regional Landmark

Collin County Courthouse

Included on 42% of listings

Regional Landmark

Plano Convention Center

Included on 40% of listings

Local Landmark

Collin College

Included on 40% of listings

Local Landmark

Chestnut Square Historic Village

Included on 37% of listings

What’s the weather like in McKinney, Texas?

The weather is about the same as the national average, with an average high temperature of around 76°, while the average low is about 55°. The rainfall is a bit heavier, averaging about 34 inches per year, compared to the national average of about 27 inches. Snowfall is relatively rare, averaging less than 3 inches per year. The humidity levels in McKinney are generally muggier than the national average, and the city has a mix of clouds and sunshine for most of the year.

Winter

December through February

37° Low 58° High

Precipitation
6.9"
Snowfall
2.8"
Muggy Days
0.4 days
Cloudiness
44%

Spring

March through May

55° Low 75° High

Precipitation
10.7"
Snowfall
0.3"
Muggy Days
18.6 days
Cloudiness
38%

Summer

June through August

72° Low 93° High

Precipitation
7.2"
Snowfall
0.0"
Muggy Days
73.0 days
Cloudiness
31%

Fall

September through November

55° Low 77° High

Precipitation
9.4"
Snowfall
0.3"
Muggy Days
20.9 days
Cloudiness
32%