Homes & Apartments for Rent in 78501

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What to Know About

Life in McAllen & Beyond

McAllen shares many of the great qualities that make Texas a desirable place to live.

Texas is a state known for its rich history, diverse culture, and abundant natural beauty. Learn the history and tradition of this place by visiting iconic sites like the Alamo, San Jacinto Monument, and the Texas State Capitol. Texas is also home to top-notch universities like the University of Texas at Austin, Texas A&M University, and Rice University. In addition, a blend of the energy, technology, and agriculture industries sustains a robust economy in Texas.

Texas offers a range of adventures, from scenic drives in the Hill Country to the beautiful beaches of South Padre Island. Sports fans can enjoy the Dallas Cowboys (NFL), Houston Texans (NFL), Dallas Stars (NHL), Houston Astros (MLB), Texas Rangers (MLB), Houston Rockets (NBA), San Antonio Spurs (NBA), and Dallas Mavericks (NBA) at venues like AT&T Stadium or Minute Maid Park, or cheer on the state's many fantastic college sports teams. In addition, make sure to take advantage of famous attractions like the Space Center Houston, the San Antonio Riverwalk, or the Fort Worth Stockyards.

With its thriving economy, affordable living, and welcoming communities, embrace the Lone Star State and see why Texas is such a great place to live.

Rental Market Trends

McAllen, TX

As of June 2026, McAllen's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. McAllen's average rent is 26.1% ($368) lower than the Texas average of $1,408 and 42.1% ($757) lower than the U.S. average of $1,797.

Average Rent
$1,040
Monthly ChangeMonth Over Month Change
Decreased1.4% ($15)
Yearly ChangeYear Over Year Change
Decreased7.4% ($83)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $800 Decreased3% ($25) Decreased3.4% ($28)
2 Beds $992 Decreased2.5% ($25) Decreased4.9% ($51)
3 Beds $1,326 Decreased1% ($14) Decreased8% ($115)
Nearby Cities Average Rent Avg. Rent vs. McAllenAverage Rent vs. McAllen Avg. Days on MarketAverage Days on Market
Pharr $1,124 Increased8.1% ($84) 40 days
San Juan $962 Decreased7.5% ($78) 34 days
Alamo $837 Decreased19.5% ($203) 35 days
Mission $1,043 Increased0.3% ($3) 30 days
Edinburg $1,102 Increased6% ($62) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
McAllen Rental Market FAQs

Explore rental prices, market trends, and availability in McAllen, TX.

The average rent in McAllen, TX is $1,040 per month.
Homes in McAllen typically rent for between $600 and $1,724 per month, with an average of $1,040 per month.
In McAllen, the average rent for a 1-bedroom home is $800 per month, for a 2-bedroom home, $992 per month, and a 3-bedroom home is $1,326 per month.
The average rent in McAllen is 42.1% ($757) lower than the national average of $1,797 per month.
The average rent in McAllen has decreased by 1.4% ($15) in the last month and decreased by 7.4% ($83) over the past year.
The rental market in McAllen, TX, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In McAllen, TX, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 150 rental properties available in McAllen, TX.
Based on the current averages, a household would need an annual income of $39,680 to comfortably afford a 2-bedroom home in McAllen.
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