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Rental Market Trends in McAllen, TX

Updated September 2026

The average rent in McAllen, TX is $827/month.

Rent in McAllen is 50% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$827/month

Average Rent

701 Sq Ft

Average Size

-0.3%

Change / Year

2,161

Available Apartments

McAllen rent varies by unit size and layout:

  • Studio apartments in McAllen average $881 per month.
  • One-bedroom apartments in McAllen average $827 per month.
  • Two-bedroom apartments in McAllen average $1,003 per month.
  • Three-bedroom apartments in McAllen average $1,395 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$881/month
508 Sq Ft
One Bedroom
$827/month
701 Sq Ft
Two Bedroom
$1,003/month
958 Sq Ft
Three Bedroom
$1,395/month
1,234 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,247/month
556 Sq Ft
Three Bedroom
$1,895/month
564 Sq Ft
Four Bedroom
$2,815/month
531 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$777/month
347 Sq Ft
Two Bedroom
$998/month
826 Sq Ft
Three Bedroom
$1,249/month
569 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,133/month
507 Sq Ft
Three Bedroom
$1,893/month
635 Sq Ft
View McAllen Apartments

How much has average rent changed in McAllen, TX?

In the past year, rent has decreased by 0.3%, which averages out to $2 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in McAllen, TX

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in McAllen, TX
Percentage*
Rent Range
21% Below $700/month
54% $700 - $1,000/month
19% $1,001 - $1,500/month
3% $1,501 - $2,000/month
2% Above $2,000/month

Rent by Neighborhood

  • 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
$915/month
758 Sq Ft
Downtown McAllen
$961/month
750 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
$961/month
750 Sq Ft
Airport District
$915/month
758 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
$961/month
750 Sq Ft
Airport District
$915/month
758 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 $827, you’ll want to make about $2,756 per month or $33,072 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 $827 - $1,395. You can expect to pay 7.9% less for groceries, 18.3% more for utilities, and 12.6% less for transportation.

City

McAllen, TX

2,161 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.

View the McAllen Area Guide

Apartment Averages

Airport District

McAllen, TX

Downtown McAllen

McAllen, TX

Studio
$578/month
$890/month
One Bedroom
$829/month
$827/month
Two Bedroom
$1,055/month
$987/month
Three Bedroom
$1,385/month
$1,286/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Mission

    Mission

    Avg Rent: $856/month

  • Alton

    Alton

    Avg Rent: $739/month

  • Pharr

    Pharr

    Avg Rent: $1,062/month

  • Palmview

    Palmview

    Avg Rent: $598/month

  • Hidalgo

    Hidalgo

    Avg Rent: $817/month

Apartment Communities in McAllen We Think You'll Love

Texan Ranch Apartments

Texan Ranch Apartments

8301 N Ware Rd,
McAllen, TX 78504

Studio - 2 Beds | $747 - $1,400

Taylor Villas

Taylor Villas

4900 Tyler Ave,
McAllen, TX 78503

2-3 Beds | $1,670 - $2,125

Encino Luxury Apartments

Encino Luxury Apartments

2105 S Cynthia St,
McAllen, TX 78503

1-2 Beds | $850 - $1,025

El Patrimonio Apartments

El Patrimonio Apartments

2601 Sarah Ave,
McAllen, TX 78503

1-3 Beds | $850 - $1,035

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Landlord’s Guide to Preparing a Rental Property for a New Tenant

Handle a tenant move-out with a simple checklist.

Explore Rental Manager Resources

Frequently Asked Questions

What is the average rent in McAllen?

The average rent in McAllen is $827 per month, which is 50.3% lower than the national average of $1,664.

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 $1,133 per month.

What is the average rent for a condo in McAllen?

The average rent for a condo in McAllen, TX is $777 per month.

Are rents going up or down in McAllen?

Rents in McAllen, TX are decreasing, with prices down 0.3% year-over-year and $2 less per month.

What rent range is most common in McAllen?

In McAllen, TX, 54% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 September 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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Equal Housing Opportunity