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Rental Market Trends in McAllen, TX

What is the average rent in McAllen, TX?

$824/month

Average Rent

703 Sq Ft

Average Apartment Size

-0.7%

Decrease in the Last Year

As of April 2026, the average rent in McAllen, TX is $824 per month. This is 50% lower than the national average rent of $1,641/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 $875 per month for a studio, $824 for a one-bedroom apartment, and around $988 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,379 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$875/month
517 Sq Ft
One Bedroom
$824/month
703 Sq Ft
Two Bedroom
$988/month
930 Sq Ft
Three Bedroom
$1,379/month
1,049 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,270/month
607 Sq Ft
Three Bedroom
$1,853/month
551 Sq Ft
Four Bedroom
$2,764/month
408 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$820/month
706 Sq Ft
Two Bedroom
$1,048/month
763 Sq Ft
Three Bedroom
$1,208/month
870 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,243/month
425 Sq Ft
Three Bedroom
$1,747/month
792 Sq Ft

How much has average rent changed in McAllen, TX?

In the past year, rent has decreased by 0.7%, which averages out to $6 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in McAllen, TX
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in McAllen, TX
Percentage*
Rent Range
24% Below $700/month
56% $700 - $1,000/month
16% $1,001 - $1,500/month
1% $1,501 - $2,000/month
2% 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
$914/month
729 Sq Ft
Downtown McAllen
$978/month
752 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
$978/month
752 Sq Ft
Airport District
$914/month
729 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
$978/month
752 Sq Ft
Airport District
$914/month
729 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 $824, you’ll want to make about $2,746 per month or $32,952 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 19.1% lower than the national average. Generally, housing in McAllen is 41.0% less expensive than the national average, with rent falling between $824 - $1,379. You can expect to pay 8.1% less for groceries, 18.7% more for utilities, and 13.7% less for transportation.

City

McAllen, TX

2,157 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
$576/month
$886/month
One Bedroom
$839/month
$845/month
Two Bedroom
$1,033/month
$1,017/month
Three Bedroom
$1,380/month
$1,263/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

$1,200 - $1,900

1-3 Beds

Las Villitas

Las Villitas

400 S State Highway 336,
Edinburg, TX 78539

$1,400 - $2,000

1-2 Beds

Encino

Encino

2105 S Cynthia St,
McAllen, TX 78503

$810 - $1,025

1 Bed

Texan Ranch Apartments

Texan Ranch Apartments

8301 N Ware Rd,
McAllen, TX 78504

$747 - $1,397

Studio - 3 Beds

Property Management Companies in McAllen, TX

Bluestone Asset Management
Bluestone Asset Management
  • 31

    Communities

  • 3,145

    Units

  • 12

    Cities

10 Communities in McAllen
GVA
GVA
  • 31

    Communities

  • 4,419

    Units

  • 12

    Cities

7 Communities in McAllen
United Apartment Group
United Apartment Group
  • 63

    Communities

  • 13,654

    Units

  • 31

    Cities

5 Communities in McAllen
The Brownstone Group
The Brownstone Group
  • 17

    Communities

  • 1,378

    Units

  • 14

    Cities

3 Communities in McAllen
Vesta Corporation
Vesta Corporation
  • 22

    Communities

  • 4,073

    Units

  • 11

    Cities

3 Communities in McAllen
DGE  Investments
DGE Investments
  • 47

    Communities

  • 8,495

    Units

  • 18

    Cities

2 Communities in McAllen
Silverlands Management
Silverlands Management
  • 14

    Communities

  • 1,909

    Units

  • 13

    Cities

2 Communities in McAllen
HomeSpring Residential Services
HomeSpring Residential Services
  • 28

    Communities

  • 6,066

    Units

  • 10

    Cities

2 Communities 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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity