The Village
530 S State Highway 336,
Edinburg, TX 78539
1-3 Beds | $1,200 - 1,900
Rental Market Trends in Pharr, TX
What is the average rent in Pharr, TX?
$901/month
Average Rent
684 Sq Ft
Average Apartment Size
+2.3%
Increase in the Last Year
As of November 2024, the average rent in Pharr, TX is $901 per month. This is 42% lower than the national average rent of $1,559/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 $885 per month for a studio, $901 for a one-bedroom apartment, and around $1,024 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,140 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 Pharr, TX?
In the past year, rent has increased by 2.3%, which averages out to $21 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 November 2024
Legend
2023
2024
Rent Ranges in Pharr, TX
Last Updated November 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
29%
Below $700/month
35%
$700 - $1,000/month
35%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
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 $901, you’ll want to make about $3,003 per month or $36,036 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.
Studio
$885/month
$885/month
One Bedroom
$843/month
$843/month
Two Bedroom
$1,012/month
$1,012/month
Three Bedroom
$1,153/month
$1,153/month
Nearby City Rent Trends
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DGE Investments
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Key Real Estate Company
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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.