Rentometer, Inc. | Data as of 01/18/2026
McAllen’s rental market offers a diverse blend of apartments and single‑family homes that cater to students, young professionals, and growing families alike. Apartment options range from studios in the vibrant downtown core—often priced in the $800 s—to spacious four‑plus bedroom units that reach the $2,200‑$2,300 range. Families seeking houses will find one‑bedroom homes beginning near $1,200, while three‑bedroom residences typically fall within the $1,800‑$2,000 bracket, providing comfortable space for multigenerational living. These price points reflect a market that balances affordability with the modern amenities and convenient access that residents expect.
Neighborhoods such as La Homa, Los Corregimientos, and the historic downtown district each bring unique character to McAllen’s rental scene. Proximity to the Rio Grande, the McAllen Convention Center, and the International Museum of Art adds cultural appeal, while nearby shopping destinations like La Plaza Mall and Mission River Mall make everyday life convenient. With a mix of well‑maintained apartment complexes and welcoming house rentals, McAllen, Texas continues to attract renters looking for a vibrant community, warm climate, and a cost‑effective lifestyle in the heart of the Rio Grande Valley.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $771 | $775 | $610 - $899 | $755 - $819 |
| Apartment | 1 Bedroom | $901 | $950 | $346 - $1,450 | $750 - $1,055 |
| Apartment | 2 Bedroom | $1,069 | $1,004 | $735 - $1,850 | $925 - $1,249 |
| Apartment | 3 Bedroom | $1,364 | $1,354 | $975 - $2,000 | $1,200 - $1,500 |
| Apartment | 4+ Bedroom | $1,862 | $1,825 | $1,550 - $2,250 | $1,800 - $2,250 |
| House | 2 Bedroom | $1,426 | $1,300 | $900 - $2,300 | $1,100 - $1,700 |
| House | 3 Bedroom | $1,902 | $1,800 | $1,050 - $4,950 | $1,600 - $2,105 |
| House | 4+ Bedroom | $2,420 | $2,342 | $1,300 - $6,000 | $1,950 - $2,613 |
In the current period, the average rent in McAllen was $772 for Studio, $901 for 1 Bedroom, $1,232 for 2 Bedroom, $1,866 for 3 Bedroom, and $2,305 for 4+ Bedroom.
Data provided by Rentometer, Inc.