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Rental Market Trends in Pharr, TX

What is the average rent in Pharr, TX?

$1,036/month

Average Rent

733 Sq Ft

Average Apartment Size

+5.4%

Increase in the Last Year

As of April 2026, the average rent in Pharr, TX is $1,036 per month. This is 37% lower than the national average rent of $1,641/month, making renting in Pharr more affordable than most cities in the US. When you rent an apartment in Pharr, you can expect to pay about $863 per month for a studio, $1,036 for a one-bedroom apartment, and around $1,106 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,172 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$863/month
608 Sq Ft
One Bedroom
$1,036/month
733 Sq Ft
Two Bedroom
$1,106/month
944 Sq Ft
Three Bedroom
$1,172/month
1,111 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,349/month
668 Sq Ft
Three Bedroom
$1,827/month
595 Sq Ft
Four Bedroom
$2,507/month
559 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$874/month
461 Sq Ft
Two Bedroom
$1,054/month
855 Sq Ft
Three Bedroom
$1,137/month
1,037 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,280/month
625 Sq Ft
Three Bedroom
$1,718/month
565 Sq Ft

How much has average rent changed in Pharr, TX?

In the past year, rent has increased by 5.4%, which averages out to $56 more 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 Pharr, TX
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Pharr, TX
Percentage*
Rent Range
26% Below $700/month
32% $700 - $1,000/month
42% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Pharr?

Based on current rent prices, East McAllen is the most affordable neighborhood in Pharr.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East McAllen
$1,076/month
740 Sq Ft

What are the most expensive neighborhoods in Pharr?

Based on current rent prices, East McAllen is the most expensive neighborhood in Pharr.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East McAllen
$1,076/month
740 Sq Ft

Which Pharr neighborhoods have the most rentals available?

The neighborhood in Pharr with the most apartments available is East McAllen .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East McAllen
$1,076/month
740 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Pharr is $1,036, you’ll want to make about $3,453 per month or $41,436 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.

City

Pharr, TX

1,432 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Pharr, 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 Pharr, TX

Apartment Averages

East McAllen

Pharr, TX

East McAllen

Pharr, TX

Studio
$863/month
$863/month
One Bedroom
$987/month
$987/month
Two Bedroom
$1,075/month
$1,075/month
Three Bedroom
$1,193/month
$1,193/month
Search
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Nearby City Rent Trends

  • Alamo Average Rent
  • McAllen Average Rent
  • Donna Average Rent
  • Mission Average Rent

Apartment communities in Pharr we think you'll love

The Village

The Village

530 S State Highway 336,
Edinburg, TX 78539

$1,200 - $1,900

1-3 Beds

Encino

Encino

2105 S Cynthia St,
McAllen, TX 78503

$810 - $1,025

1 Bed

4212 La Vista Ave

4212 La Vista Ave

4212 La Vista Ave,
McAllen, TX 78501

$975 - $1,450

1-3 Beds

Trails on Jackson

Trails on Jackson

5000 N Jackson Rd,
Pharr, TX 78577

$1,150 - $1,795

1-2 Beds

Property Management Companies in Pharr, TX

GVA
GVA
  • 31

    Communities

  • 4,419

    Units

  • 12

    Cities

7 Communities in Pharr
Bluestone Asset Management
Bluestone Asset Management
  • 31

    Communities

  • 3,145

    Units

  • 12

    Cities

6 Communities in Pharr
United Apartment Group
United Apartment Group
  • 63

    Communities

  • 13,654

    Units

  • 31

    Cities

4 Communities in Pharr
Vesta Corporation
Vesta Corporation
  • 22

    Communities

  • 4,073

    Units

  • 11

    Cities

3 Communities in Pharr
DGE  Investments
DGE Investments
  • 47

    Communities

  • 8,495

    Units

  • 18

    Cities

2 Communities in Pharr
The Brownstone Group
The Brownstone Group
  • 16

    Communities

  • 1,263

    Units

  • 13

    Cities

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

    Communities

  • 6,066

    Units

  • 10

    Cities

2 Communities in Pharr
Hunt Companies
Hunt Companies
  • 68

    Communities

  • 9,703

    Units

  • 50

    Cities

1 Community in Pharr

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United States Texas Pharr 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity