Encino Luxury Apartments
2105 S Cynthia St,
McAllen, TX 78503
1-2 Beds | $850 - $1,200
Rental Market Trends in Pharr, TX
Updated August 2026
The average rent in Pharr, TX is $1,027/month.
Rent in Pharr is 38% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$1,027/month
Average Rent
733 Sq Ft
Average Size
+2.4%
Change / Year
1,335
Available Apartments
Pharr rent varies by unit size and layout:
- Studio apartments in Pharr average $999 per month.
- One-bedroom apartments in Pharr average $1,027 per month.
- Two-bedroom apartments in Pharr average $1,090 per month.
- Three-bedroom apartments in Pharr average $1,160 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 Pharr, TX?
In the past year, rent has increased by 2.4%, which averages out to $25 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Pharr, TX
August 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
21%
Below $700/month
37%
$700 - $1,000/month
42%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Pharr?
Based on current rent prices, East McAllen is the most affordable neighborhood in Pharr.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Pharr?
Based on current rent prices, East McAllen is the most expensive neighborhood in Pharr.
Neighborhood
Average Rent
Average Sq Ft
Which Pharr neighborhoods have the most rentals available?
The neighborhood in Pharr with the most apartments available is East McAllen .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Pharr, TX?
Because the average rent in Pharr is $1,027, you’ll want to make about $3,423 per month or $41,076 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.
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.
View the Pharr Area GuideStudio
$999/month
$999/month
One Bedroom
$978/month
$978/month
Two Bedroom
$1,062/month
$1,062/month
Three Bedroom
$1,183/month
$1,183/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Alamo
Avg Rent: $361/month
-
Hidalgo
Avg Rent: $817/month
-
McAllen
Avg Rent: $823/month
-
Donna
Avg Rent: $631/month
-
Mission
Avg Rent: $856/month
Apartment Communities in Pharr We Think You'll Love
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Frequently Asked Questions
What is the average rent in Pharr?
The average rent in Pharr is $1,027 per month, which is 38.3% lower than the national average of $1,664.
What is the average rent for a house in Pharr?
The average rent for a house in Pharr, TX is $1,895 per month.
What is the average rent for a townhome in Pharr?
The average rent for a townhome in Pharr, TX is $1,182 per month.
Are rents going up or down in Pharr?
Rents in Pharr, TX are increasing, with prices up 2.4% year-over-year and $25 more per month.
What rent range is most common in Pharr?
In Pharr, TX, 42% of apartments fall between $1,001 - $1,500/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.