Rentometer, Inc. | Data as of 10/23/2025
McAllenâs rental market blends affordability with a diverse array of housing choices, making it an attractive destination for professionals, families, and students alike. Apartment seekers can find studios in the midâ$800s, oneâbedroom units hovering around the high $800s, and twoâbedroom apartments typically priced in the low $1,000s. Larger apartments, such as threeâbedroom layouts, generally fall in the $1,300â$1,400 range, while spacious fourâplusâbedroom options command rates in the $2,100â$2,300 bracket. Home renters also benefit from competitive pricing, with oneâbedroom houses in the $1,100â$1,200 range, twoâbedroom homes around $1,400, threeâbedroom properties near $1,900, and larger family homes often listed in the $2,500â$2,600 tier.
The cityâs neighborhoods each offer a distinct lifestyle. Downtown McAllen features walkable streets, vibrant art galleries, and easy access to the popular McAllen Convention Center, appealing to those who enjoy an urban vibe. The La Plaza area is known for its shopping and dining options, while the familyâfriendly communities of Palmhurst and Mission provide quiet streets and wellâmaintained parks. Proximity to the Rio Grande and the scenic International Museum of Art adds cultural depth, and the extensive network of bike paths and trails supports an active, outdoorâoriented lifestyle.
Beyond the immediate city limits, McAllenâs strategic location near the TexasâMexico border enhances its appeal for crossâborder professionals and students attending local colleges. With a mix of affordable apartments, wellâpriced singleâfamily homes, and a thriving community atmosphere, McAllen remains a standout market for renters seeking both value and convenience in South Texas.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $808 | $775 | $750 - $899 | $750 - $899 |
| Apartment | 1 Bedroom | $830 | $812 | $595 - $1,130 | $700 - $895 |
| Apartment | 2 Bedroom | $1,029 | $1,039 | $415 - $1,500 | $875 - $1,220 |
| Apartment | 3 Bedroom | $1,415 | $1,395 | $1,000 - $2,200 | $1,295 - $1,550 |
| Apartment | 4+ Bedroom | $1,990 | $1,850 | $1,550 - $2,400 | $1,800 - $2,351 |
| House | 2 Bedroom | $1,468 | $1,400 | $900 - $2,300 | $1,200 - $1,700 |
| House | 3 Bedroom | $1,919 | $1,800 | $1,050 - $5,100 | $1,600 - $2,100 |
| House | 4+ Bedroom | $2,573 | $2,420 | $1,400 - $6,000 | $2,000 - $2,900 |
In the current period, the average rent in McAllen was $744 for Studio, $839 for 1 Bedroom, $1,195 for 2 Bedroom, $1,884 for 3 Bedroom, and $2,496 for 4+ Bedroom.
Data provided by Rentometer, Inc.