Cheap Apartments for Rent in McAllen, TX from $316 (249 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in McAllen.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
Showing Results 1-50, Page 1 of 5

McAllen, TX Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in McAllen, TX

Pricing Updated: 09/12/2026

Current apartment rentals in the McAllen, TX area range in price from $316 to $2,950 with an overall median price of $1,032. The three McAllen neighborhoods with the lowest median rent pricing are La Homa at $700, West Sharyland at $950, and Airport District at $965. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for McAllen Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
La Homa$700$45011
West Sharyland$950$67539
Airport District$965$415120
Las Placitas$992$4156
Sharyland Plantation$992$4156
Downtown McAllen$999$316371
East McAllen$1,000$380317
Los Lagos$1,050$85022
Northgate Crossing$1,051$316226
Donna Weslaco Mercedes$1,075$350183

Cheapest Available McAllen Apartments for Rent

 

The cheapest available apartment rental in McAllen, TX is a 1 Bed unit found at La Stella Independent Senior Living in the East McAllen neighborhood priced from $380. La Palmilla in the East McAllen neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $383. Here is today’s list of the most affordable McAllen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Stella Independent Senior LivingA31BR,2BA$380
La Palmilla1BD1BR,1BA$383
Twin OaksA-301BR,1BA$412
La Villa De AltonB12BR,1BA$417
501 Jasmine VillasThree Bedroom One Bath3BR,1BA$486
1608 Norma Ln2 Beds, 1 Baths2BR,1BA$500
Avanti at Emerald Point ApartmentsC5-30%3BR,2BA$554
1801 Washington St2 Beds, 1 Baths2BR,1BA$575
Vista De PalmasE11BR,1BA$620
Jackson Place Apartment HomesB12BR,2BA$625

Best Value Apartments for Rent in McAllen, TX

As of September 12, 2026 the best value apartment in the McAllen area is the $0.65 price per square foot 107 Bogamilia Model at 107 Bogamilia, Unit A in the in the Mission neighborhood starting from $1,095. The second greatest value McAllen apartment is the Townhouse Style Apartment Model at 1814 E Iowa Rd starting at $900 with a $0.75 price per square foot in the Los Lagos neighborhood. Here is today’s list of the best values for McAllen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
107 Bogamilia, Unit A107 Bogamilia3BR,2BA$0.65
1814 E Iowa RdTownhouse Style Apartment2BR,2.5BA$0.75
800 W Bronze Dr, Unit 2800 W Bronze Dr2BR,2BA$0.69
3307 Magdalena St, Unit 83307 Magdalena St3BR,2BA$0.73
3200 Hillcrest Dr, Unit 63200 Hillcrest Dr2BR,1BA$0.70
La Villa De AltonB12BR,1BA$0.43
1314 Prosperity Dr, Unit 31314 Prosperity Dr2BR,2BA$0.76
1608 Norma Ln2 Beds, 1 Baths2BR,1BA$0.63
La Palmilla1BD1BR,1BA$0.54
La Stella Independent Senior LivingA31BR,2BA$0.58

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

McAllen Overview

McAllen is an absolute treat to live in if you're looking for a combination of city and country lifestyle all in one place. Renting an apartment in McAllen can provide you with tons of opportunities to enjoy as the city is the 22nd-most populated city in the Lone Star State. McAllen is located in Hidalgo Country and is located right near the Rio Grande Valley. You can travel to the Gulf of Mexico fairly easily since it is only 70 miles away! Let's take a closer look at some incredible facts about McAllen, TX and why you should consider moving here next!

Why live in McAllen, TX?

Living in McAllen can provide you with lots of opportunities to experience the culture and a friendly community. There is a lot of Tejano influence in this growing town that is very welcoming to people that aren't from the area. Renting an apartment in this area is a perfect opportunity to live close enough to the incredible amenities that this Tejano town has to give. 

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mcallen, TX Rentals by Map

Decorative image of map

See the most popular apartments and homes in Mcallen, TX

View Map
Mcallen, TX Apartments Map
View Map
Mcallen, TX Rental Homes Map

McAllen, TX Area Reviews

  • Entertainment
  • Restaurants
  • Location
  • Traffic
  • Cost of Living
  • Safety

Ana • 1+ years in McAllen

July 23, 2026

Tengo poco de estar residiendo en McAllen y me siento segura de manejar en mi vehículo por la ciudad es muy tranquilo y seguro

Frequently Asked Questions about Cheap McAllen Apartments

What is a cheap apartment in McAllen?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in McAllen is under $625.

What is the price of a cheap apartment in McAllen?

The cheapest apartment in McAllen is La Stella Independent Senior Living which is listed at $380, while the average apartment in McAllen costs $1,032.

What types of apartments are the cheapest in McAllen?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 113 regular apartments in McAllen that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in McAllen?

Cheap apartments in McAllen have an average cost of $309 which is $723 cheaper than the average rent for all rentals in McAllen.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.