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Rental Market Trends in McAllen, TX

What is the average rent in Mcallen, TX?

$826/month

Average Rent

704 Sq Ft

Average Apartment Size

-1.1%

Decrease in the Last Year

As of June 2025, the average rent in Mcallen, TX is $826 per month. This is 49% lower than the national average rent of $1,627/month, making renting in Mcallen more affordable than most cities in the US. When you rent an apartment in Mcallen, you can expect to pay about $821 per month for a studio, $826 for a one-bedroom apartment, and around $983 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,303 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$821/month
522 Sq Ft
One Bedroom
$826/month
704 Sq Ft
Two Bedroom
$983/month
963 Sq Ft
Three Bedroom
$1,303/month
1,114 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$879/month
946 Sq Ft
Two Bedroom
$1,249/month
979 Sq Ft
Three Bedroom
$1,922/month
1,646 Sq Ft
Four Bedroom
$2,660/month
2,438 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$886/month
597 Sq Ft
Two Bedroom
$1,098/month
1,259 Sq Ft
Three Bedroom
$1,507/month
1,518 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,290/month
1,502 Sq Ft
Three Bedroom
$1,762/month
1,550 Sq Ft

How much has average rent changed in Mcallen, TX?

In the past year, rent has decreased by 1.1%, which averages out to $8 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Mcallen, TX
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Mcallen, TX
Percentage*
Rent Range
28% Below $700/month
51% $700 - $1,000/month
20% $1,001 - $1,500/month
0% $1,501 - $2,000/month
1% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Mcallen?

Based on current rent prices, Airport District and Downtown McAllen" are the most affordable neighborhoods in Mcallen.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Airport District
$966/month
744 Sq Ft
Downtown McAllen
$967/month
858 Sq Ft

What are the most expensive neighborhoods in Mcallen?

Based on current rent prices, Downtown McAllen and Airport District" are the most expensive neighborhoods in Mcallen.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown McAllen
$967/month
858 Sq Ft
Airport District
$966/month
744 Sq Ft

Which Mcallen neighborhoods have the most rentals available?

The neighborhoods in Mcallen with the most apartments available are Downtown McAllen and Airport District" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown McAllen
$967/month
858 Sq Ft
Airport District
$966/month
744 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Mcallen, TX?

Because the average rent in Mcallen is $826, you’ll want to make about $2,753 per month or $33,036 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Mcallen, TX is 14.9% lower than the national average. Generally, housing in Mcallen is 39.8% less expensive than the national average, with rent falling between $821 - $1,303. You can expect to pay 6.6% less for groceries, 19.6% more for utilities, and 5.9% less for transportation.

City

Mcallen, TX

2,486 Available Apartments for Rent

Search for Nearby Apartments

How does Mcallen, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Mcallen, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Mcallen, TX

Apartment Averages

Airport District

Mcallen, TX

Downtown McAllen

Mcallen, TX

Studio
$578/month
$832/month
One Bedroom
$847/month
$847/month
Two Bedroom
$989/month
$1,002/month
Three Bedroom
$1,167/month
$1,227/month
Search
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Nearby City Rent Trends

  • Mission Average Rent
  • Pharr Average Rent

Apartment communities in Mcallen we think you'll love

The Village

The Village

530 S State Highway 336,
Edinburg, TX 78539

1-3 Beds | $1,200 - $1,900

Las Villitas

Las Villitas

400 S State Highway 336,
Edinburg, TX 78539

Studio - 2 Beds | $1,400 - $2,000

Encino

Encino

2105 S Cynthia St,
McAllen, TX 78503

1-2 Beds | $900 - $1,300

4212 La Vista Ave

4212 La Vista Ave

4212 La Vista Ave,
McAllen, TX 78501

1-3 Beds | $1,025 - $1,450

Property Management Companies in McAllen, TX

Bluestone Asset Management
Bluestone Asset Management
  • 29

    Communities

  • 3,066

    Units

  • 12

    Cities

9 Communities in Mcallen
GVA
GVA
  • 39

    Communities

  • 6,052

    Units

  • 18

    Cities

6 Communities in Mcallen
Vesta Corporation
Vesta Corporation
  • 32

    Communities

  • 4,985

    Units

  • 22

    Cities

5 Communities in Mcallen
United Apartment Group
United Apartment Group
  • 47

    Communities

  • 10,283

    Units

  • 24

    Cities

2 Communities in Mcallen
Mayfair Management Group
Mayfair Management Group
  • 35

    Communities

  • 5,378

    Units

  • 20

    Cities

2 Communities in Mcallen
DGE Investments
DGE Investments
  • 40

    Communities

  • 6,970

    Units

  • 17

    Cities

2 Communities in Mcallen
Hogan Commercial Partners
Hogan Commercial Partners
  • 25

    Communities

  • 5,532

    Units

  • 9

    Cities

2 Communities in Mcallen
Tarantino
Tarantino
  • 77

    Communities

  • 13,331

    Units

  • 44

    Cities

1 Community in Mcallen

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United States Texas Mcallen Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity