McAllen, TX Rental Market Trends
What is the average rent in McAllen?
The average rent for an apartment in McAllen is $840, a 7% increase compared to the previous year.
Average Rent in McAllen, TX
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$840||7%||918 sq. ft.|
What is the average apartment size in McAllen?
The average size for a McAllen, TX apartment is 918 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
McAllen, TX Occupied Housing Units
11,427 or 25% of the households in McAllen, TX are renter-occupied while 34,278 or 74% are owner-occupied.
McAllen, TX Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Aug / 2021|
Average Rent in McAllen, TX By Neighborhood
What are the most affordable neighborhoods in McAllen?
The most affordable neighborhoods in McAllen are North Alamo, where the average rent goes for $750/month, South Alamo, where renters pay $750/mo on average, and Hidalgo, where the average rent goes for $964/mo.
What are the most popular neighborhoods in McAllen?
The most popular neighborhood in McAllen is Pharr, where there are 2 verified RENTCafé listings with an average rent of $964. Next up is Granjeno, where apartments go for $971/month, followed by Hidalgo with $964 If you’re looking to rent in McAllen’s most popular neighborhoods, make sure to also check out North Alamo, where renters pay $750 on average, and South Alamo, where the average monthly rent is $750.
McAllen | Rent Comparison by Neighborhood
Rent in Granjeno is 1% higher than in Hidalgo
Granjeno rent is 16% higher than McAllen average
Hidalgo rent is 15% higher than McAllen average
How McAllen Compares to Other Cities
|Average Rent||Y-o-Y Change|