McAllen, TX Rental Market Trends
The average rent for an apartment in McAllen is $780, a change amounting to approximately 0% compared to the previous year.
Average Rent in McAllen, TX
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$780||0%||915 sq. ft.|
The average size for a McAllen, TX apartment is 915 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
McAllen, TX Apartment Rent Ranges
- < $5001%
McAllen, TX Occupied Housing Units
- Renter-occupied Households23%
- Owner-occupied Households76%
10,735 or 23% of the households in McAllen, TX are renter-occupied while 34,330 or 76% are owner-occupied.
McAllen, TX Rent Trends
|Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Jan / 2020|
Average Rent in McAllen, TX By Neighborhood
The most affordable neighborhoods in McAllen are Hidalgo, where the average rent goes for $731/month, Pharr, where renters pay $731/mo on average, and North Alamo, where the average rent goes for $748/mo.
The most popular neighborhood in McAllen is Pharr, where there are 2 verified RENTCafé listings with an average rent of $731. Next up is Granjeno, where apartments go for $900/month, followed by Hidalgo with $731 If you’re looking to rent in McAllen’s most popular neighborhoods, make sure to also check out North Alamo, where renters pay $748 on average, and South Alamo, where the average monthly rent is $748.
McAllen | Rent Comparison by Neighborhood
Rent in Granjeno is 23% higher than in Hidalgo
Granjeno rent is 15% higher than McAllen average
Hidalgo rent is 6% lower than McAllen average
How McAllen Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the McAllen rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!