Texan Ranch Apartments
8301 N Ware Rd,
McAllen, TX 78504
Studio - 2 Beds | $747 - $1,197
Rental Market Trends in McAllen, TX
Updated July 2026
The average rent in McAllen, TX is $823/month.
Rent in McAllen is 50% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$823/month
Average Rent
703 Sq Ft
Average Size
-0.9%
Change / Year
2,228
Available Apartments
McAllen rent varies by unit size and layout:
- Studio apartments in McAllen average $868 per month.
- One-bedroom apartments in McAllen average $823 per month.
- Two-bedroom apartments in McAllen average $995 per month.
- Three-bedroom apartments in McAllen average $1,378 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in McAllen, TX?
In the past year, rent has decreased by 0.9%, which averages out to $7 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in McAllen, TX
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
23%
Below $700/month
53%
$700 - $1,000/month
20%
$1,001 - $1,500/month
2%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
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.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average 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" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in McAllen, TX?
Because the average rent in McAllen is $823, you’ll want to make about $2,743 per month or $32,916 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 18.8% lower than the national average. Generally, housing in McAllen is 40.2% less expensive than the national average, with rent falling between $823 - $1,378. You can expect to pay 7.9% less for groceries, 18.3% more for utilities, and 12.6% less for transportation.
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.
View the McAllen Area GuideStudio
$577/month
$877/month
One Bedroom
$834/month
$821/month
Two Bedroom
$1,049/month
$979/month
Three Bedroom
$1,336/month
$1,281/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in McAllen We Think You'll Love
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Frequently Asked Questions
What is the average rent in McAllen?
The average rent in McAllen is $823 per month, which is 50.5% lower than the national average of $1,662.
What is the average rent for a house in McAllen?
The average rent for a house in McAllen, TX is $1,895 per month.
What is the average rent for a townhome in McAllen?
The average rent for a townhome in McAllen, TX is $1,191 per month.
What is the average rent for a condo in McAllen?
The average rent for a condo in McAllen, TX is $829 per month.
Are rents going up or down in McAllen?
Rents in McAllen, TX are decreasing, with prices down 0.9% year-over-year and $7 less per month.
What rent range is most common in McAllen?
In McAllen, TX, 53% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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 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.