Cheap Apartments for Rent in McAllen, TX from $300 (256 Rentals)

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

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.

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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.

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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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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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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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Cheapest Neighborhoods for Apartments in McAllen, TX

Pricing Updated: 04/29/2026

Current apartment rentals in the McAllen, TX area range in price from $316 to $2,800 with an overall median price of $1,491. The three McAllen neighborhoods with the lowest median rent pricing are Doffing at $550, La Homa at $550, and West Sharyland at $650. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for McAllen Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Doffing$850$5507
La Homa$1,072$55017
West Sharyland$1,100$65026
Las Placitas$1,178$39913
Sharyland Plantation$1,178$39913
Palmview South$1,195$65031
Los Lagos$1,200$356219
East McAllen$1,250$356372
Donna Weslaco Mercedes$1,250$383194
Abram Perezville$1,300$8807

Cheapest Available McAllen Apartments for Rent

 

The cheapest available apartment rental in McAllen, TX is a 1 Bed unit found at La Villa De Alton in the West Sharyland neighborhood priced from $356. La Palmilla in the Los Lagos neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $356. Here is today’s list of the most affordable McAllen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Villa De AltonA11BR,1BA$356
La Palmilla1BD1BR,1BA$356
La Stella Independent Senior LivingA31BR,2BA$380
Avanti at Emerald Point ApartmentsC43BR,2BA$516
Heritage Square1A1BR,1BA$630
El Jardin Apartments1 Bed, 1 bath1BR,1BA$650
Edinburg Place Apartments1 Bedroom1BR,1BA$650
Bella VistaB2-50%2BR,2BA$694
Brentwood ApartmentsOne Bedroom1BR,1BA$695

Best Value Apartments for Rent in McAllen, TX

As of April 29, 2026 the best value apartment in the McAllen area is the $0.75 price per square foot Townhouse Style Apartment Model at 1814 E Iowa Rd in the in the Los Lagos neighborhood starting from $900. The second greatest value McAllen apartment is the 2X2.5 Model at Danubia starting at $924 with a $0.77 price per square foot in the Northgate Crossing 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.
1814 E Iowa RdTownhouse Style Apartment2BR,2.5BA$0.75
Danubia2X2.52BR,2.5BA$0.77
201 S 5th St, Unit 07201 S 5th St2BR,2.5BA$0.76
800 W Bronze Dr, Unit 2800 W Bronze Dr2BR,2BA$0.74
3307 Magdalena St, Unit 83307 Magdalena St3BR,2BA$0.77
Las Violetas Town Home Apartmentstownhome1BR,1BA$0.77
4307 W La Guardia Ln, Unit 14307 W La Guardia Ln2BR,2BA$0.76
La Palmilla1BD1BR,1BA$0.50
La Villa De AltonA11BR,1BA$0.50
La Stella Independent Senior LivingA31BR,2BA$0.58

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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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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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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.

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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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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 $695.

What is the price of a cheap apartment in McAllen?

The cheapest apartment in McAllen is La Villa De Alton which is listed at $356, while the average apartment in McAllen costs $1,491.

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 273 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 $320 which is $1,171 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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.