The Village
530 S State Highway 336,
Edinburg, TX 78539
1-3 Beds | $1,200 - $1,900
Rental Market Trends in McAllen, TX
What is the average rent in Mcallen, TX?
$823/month
Average Rent
704 Sq Ft
Average Apartment Size
-1%
Decrease in the Last Year
As of December 2024, the average rent in Mcallen, TX is $823 per month. This is 47% lower than the national average rent of $1,560/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 $796 per month for a studio, $823 for a one-bedroom apartment, and around $980 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,296 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Mcallen, TX?
In the past year, rent has decreased by 1%, which averages out to $7 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 December 2024
Legend
2023
2024
Rent Ranges in Mcallen, TX
Last Updated December 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
27%
Below $700/month
52%
$700 - $1,000/month
20%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
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.
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.
Studio
$578/month
$806/month
One Bedroom
$828/month
$822/month
Two Bedroom
$980/month
$979/month
Three Bedroom
$1,183/month
$1,220/month
Nearby City Rent Trends
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35
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Tarantino
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Methodology
† 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.
* Percentages may not total 100 due to rounding.