Homes & Apartments for Rent in 78503

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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 September 2026, McAllen's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. McAllen's average rent is 29.3% ($420) lower than the Texas average of $1,433 and 44.0% ($795) lower than the U.S. average of $1,808.

Average Rent
$1,013
Monthly ChangeMonth Over Month Change
Increased1.6% ($16)
Yearly ChangeYear Over Year Change
Decreased4% ($42)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $767 Decreased12.5% ($110) Decreased8.4% ($70)
2 Beds $959 Decreased1.5% ($15) Decreased4.1% ($41)
3 Beds $1,244 Increased1.5% ($18) Decreased2.9% ($37)
Nearby Cities Average Rent Avg. Rent vs. McAllenAverage Rent vs. McAllen Avg. Days on MarketAverage Days on Market
Pharr $1,136 Increased12.1% ($123) 40 days
San Juan $1,146 Increased13.1% ($133) 34 days
Hidalgo $838 Decreased17.3% ($175) 30 days
Alamo $1,169 Increased15.4% ($156) 35 days
Mission $1,127 Increased11.3% ($114) 30 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 $1,013 per month.
Homes in McAllen typically rent for between $600 and $1,617 per month, with an average of $1,013 per month.
In McAllen, the average rent for a 1-bedroom home is $767 per month, for a 2-bedroom home, $959 per month, and a 3-bedroom home is $1,244 per month.
The average rent in McAllen is 44% ($795) lower than the national average of $1,808 per month.
The average rent in McAllen has increased by 1.6% ($16) in the last month and decreased by 4.0% ($42) 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 121 rental properties available in McAllen, TX.
Based on the current averages, a household would need an annual income of $38,360 to comfortably afford a 2-bedroom home in McAllen.
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