Cheap Apartments for Rent in McAllen, TX from $300 (241 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 2428 Upas Ave

2428 Upas Ave

McAllenTX78501

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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property at 2901 Hwy 107

2901 Hwy 107

McAllenTX78504

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Jorsay Apartments
1 to 2 Bedroom Apartments

Jorsay Apartments

300 S G StMcAllen, TX 78501
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Harvey Apartments
2 Bedroom Apartments

Harvey Apartments

3616 Harvey StMcAllen, TX 78501
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Palm Manor Apartments
Studio to 2 Bedroom Apartments

Palm Manor Apartments

4812 N 10th StMcAllen, TX 78504
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South Pointe
1 to 2 Bedroom Apartments

South Pointe

1900 S 38th StMcAllen, TX 78503
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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McAllen, TX Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in McAllen, TX

Pricing Updated: 08/04/2025

Current apartment rentals in the McAllen, TX area range in price from $475 to $9,000 with an overall median price of $3,358. The three McAllen neighborhoods with the lowest median rent pricing are Palmview South at $475, Las Placitas at $1,175, and Sharyland Plantation at $1,175. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for McAllen Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Palmview South$1,600$4755
Las Placitas$1,700$1,17510
Sharyland Plantation$1,700$1,17510
West Sharyland$1,900$80015
Donna Weslaco Mercedes$2,400$600119
Los Lagos$2,425$600139
La Homa$2,500$7508
Meadow Ridge$2,800$70098
Outer Mission Alton$2,800$650142
East McAllen$2,900$700198

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 Los Lagos neighborhood priced from $353. La Villa De Alton in the West Sharyland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $373. Here is today’s list of the most affordable McAllen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Stella Independent Senior LivingA11BR,1BA$353
La Villa De AltonA11BR,1BA$373
Avanti at Emerald Point ApartmentsB42BR,2BA$444
501 Jasmine VillasThree Bedroom One Bath3BR,1BA$460
El Pueblo Dorado Apartments2 Bedroom2BR,2BA$650
Hibiscus Apartments1 Bedroom 1 Bath1BR,1BA$656
Vista De PalmasA11BR,1BA$669
612-620 E Hibiscus Ave1/11BR,1BA$675
Sunset Terrace Senior Village1 Bedroom1BR,1BA$692
Palms Apartments1 Bed1BR,1BA$700

Best Value Apartments for Rent in McAllen, TX

As of August 04, 2025 the best value apartment in the McAllen area is the $0.69 price per square foot 1418 Nassau St Model at 1418 Nassau St, Unit 1 in the in the Northgate Crossing neighborhood starting from $1,100. 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.
1418 Nassau St, Unit 11418 Nassau St2BR,2.5BA$0.69
1814 E Iowa RdTownhouse Style Apartment2BR,2.5BA$0.75
3804 Zelma St, Unit 33804 Zelma St2BR,2BA$0.73
El Pueblo Dorado Apartments3 Bedroom3BR,2BA$0.73
Avanti at Emerald Point ApartmentsB42BR,2BA$0.41
3728 W Faith Hill St, Unit Faith Hill #33728 W Faith Hill St2BR,2BA$0.74
Avanti East ApartmentsTwo Bedroom2BR,2BA$0.78
Avanti WestB22BR,2BA$0.72
La Stella Independent Senior LivingA11BR,1BA$0.47
La Villa De AltonA11BR,1BA$0.53

Quick Rent Budget Calculator

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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.

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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

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See the most popular apartments and homes in Mcallen, TX

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Getting Around McAllen, TX

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap McAllen Apartments

What is the Cheapest Studio apartment in McAllen?

Currently the most affordable Cheap Studio Apartment in McAllen is at Texan Ranch Apartments listed at $747.

How much is rent for a Cheap One Bedroom McAllen Apartment?

The lowest price for a Cheap One Bedroom McAllen Apartment is $353 at La Stella Independent Senior Living.

What is the lowest price for a Cheap Two Bedroom McAllen Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in McAllen is starting from $430 at La Stella Independent Senior Living.

What is the most affordable McAllen Three Bedroom Apartment?

The best deal on a cheap McAllen Three Bedroom Apartment rental is at 501 Jasmine Villas and starts from $460.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.