McAllen - Pharr, TX Rental Market Trends
Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in McAllen - Pharr is $998, a 1.46% increase compared to the previous year, when the average rent was $984.
One-bedroom apartments provide 722 square feet for $894, balancing privacy and affordability.
Two-beedroom units at $1,018 offer 998 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,189 sq ft) for $1,244, suitable for larger households.
Average rent in McAllen - Pharr, TX
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $998 | 919 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $894 | 722 sq. ft. |
| 2 Beds | $1,018 | 998 sq. ft. |
| 3 Beds | $1,244 | 1,189 sq. ft. |
McAllen - Pharr, TX rent trends
Rental prices in McAllen - Pharr, TX have increased by 1.46% over the past year. The average rent moved from $984 to $998.
What's the typical rent budget in McAllen - Pharr, TX?
The largest share of rentals in McAllen - Pharr, TX (62%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in McAllen - Pharr, TX?
34,708 or 36% of the households in McAllen - Pharr, TX are renter-occupied while 60,617 or 64% are owner-occupied.
Average Rent in McAllen - Pharr, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Pharr | $1,015 |
| McAllen | $997 |
McAllen - Pharr | Rent Comparison by Neighborhood
Rent in McAllen is 2% lower than in Pharr
McAllen rent is 1% lower than McAllen - Pharr average
Pharr rent is 2% higher than McAllen - Pharr average
How McAllen - Pharr Compares to Other Cities
| City | Average Rent |
|---|---|
| McAllen - Pharr | $998 |
| Houston | $1,349 |
| Dallas | $1,588 |
| San Antonio | $1,266 |
| Austin | $1,638 |
| Fort Worth | $1,438 |
| Irving | $1,487 |
| El Paso | $1,106 |
| Killeen | $1,088 |
| Plano | $1,690 |
| Spring | $1,470 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all McAllen - Pharr apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.