Landlord insurance in McKinney, Texas

Owners who rent out property in McKinney, Collin County, are working in a market where 36% of occupied homes are rentals. The city counts about 227,526 residents; Texas as a whole has a renter share of 37%.

McKinney at a glance for landlords

Figures from the U.S. Census Bureau (ACS 2020–2024 five-year estimates; 2024 population estimates).

Insured value and premium context in McKinney

McKinney's median home value, roughly $471,800, gives a rough sense of what rentals here are worth; the state median is $283,800. For insurance, ask for a replacement-cost estimate on your specific building.

For context, the NAIC reported that Texas dwelling-fire policies insuring $450,000 to $499,999 averaged $2,620 a year in 2023, against a statewide dwelling-fire average of $1,226. Those are owner-occupied dwelling-form figures, not landlord quotes.

How much rent to protect in McKinney

Median gross rent in McKinney is about $1,901 a month. A year of lost rent at that level is roughly $22,812 per unit, a useful yardstick when you choose fair rental value coverage.

Building age and underwriting in McKinney

McKinney has relatively new housing, with a median year built of 2007. Newer construction often prices well, though insurers still ask about roof material and any prior water claims.

Single-family, small multi-unit, and apartments in McKinney

McKinney is mostly single-family, around 73% of units, with 2–4 unit buildings at 3%. Single-family rentals here typically go on a dwelling fire policy.

Comparing McKinney to neighboring cities

In Plano, 43% of occupied homes are rented and the median value is $465,900. Frisco has a renter share of 34% with homes valued around $642,100 at the median. Nearby Houston reports 58% renter households and a $277,800 median home value, so proportionally more renters than McKinney. McKinney places 26 of 30 profiled Texas cities by share of rented homes. Roughly 23% of homes in McKinney are in buildings of five or more units, the point where most owners move to commercial apartment policies.

Natural hazards McKinney landlords plan for

Texas landlords generally plan around winter freeze events that burst pipes, flash and coastal flooding, which needs separate flood coverage, and hail, especially across North and Central Texas. Those exposures apply in McKinney as much as anywhere in the state, so confirm deductibles and exclusions before you bind.

Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.

Requesting coverage for a McKinney rental

• Electrical, plumbing, and heating update years
• Current insurer and any losses in five years
• Lender name for the mortgagee clause
• Desired liability limit and loss-of-rents amount
• The McKinney address and how many units it has
• Year built and roof age
• Occupancy: long-term lease, month-to-month, short-term, or vacant

Request a McKinney landlord quote

Questions from McKinney rental owners

More landlord pages near McKinney

• Plano
• Frisco
• Houston
• San Antonio
• Dallas
• Fort Worth
• Austin
• El Paso

Landlord insurance in Texas · Cost by state

Last updated October 15, 2026. Sources and method: how we research.