Cheap Apartments for Rent in McAllen, TX from $300 (307 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.

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.

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.

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.

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.

McAllen, TX Local Guide

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Cheapest Neighborhoods for Apartments in McAllen, TX

Pricing Updated: 06/13/2026

Current apartment rentals in the McAllen, TX area range in price from $316 to $4,455 with an overall median price of $1,536. The three McAllen neighborhoods with the lowest median rent pricing are Doffing at $550, La Homa at $550, and West Sharyland at $600. 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$890$5506
La Homa$1,072$55017
West Sharyland$1,100$60026
Las Placitas$1,139$39914
Sharyland Plantation$1,139$39914
Donna Weslaco Mercedes$1,182$383192
East McAllen$1,247$380398
Airport District$1,250$399177
Los Lagos$1,300$380238
Abram Perezville$1,595$57520

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 Stella Independent Senior Living in the Los Lagos neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $380. 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 Stella Independent Senior LivingA31BR,2BA$380
Avanti WestB2-30%2BR,2BA$453
1608 Norma Ln2 Beds, 1 Baths2BR,1BA$600
Heritage Square1A1BR,1BA$630
Edinburg Place Apartments1 Bedroom Sm1BR,1BA$650
Patriot Pointe1 Bed, 1 bath1BR,1BA$650
El Jardin Apartments1 Bed, 1 bath1BR,1BA$650
Avalon Garden Homes1 Beds, 1 Baths1BR,1BA$650

Best Value Apartments for Rent in McAllen, TX

As of June 14, 2026 the best value apartment in the McAllen area is the $0.44 price per square foot 1121 W Cano St Model at 1121 W Cano St, Unit Apt#1 in the in the Los Lagos neighborhood starting from $620. 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.
1121 W Cano St, Unit Apt#11121 W Cano St3BR,3BA$0.44
1814 E Iowa RdTownhouse Style Apartment2BR,2.5BA$0.75
McAllen Flats2X2.52BR,2.5BA$0.77
3710 Zelma St, Unit 33710 Zelma St2BR,2BA$0.78
3213 Diamondhead Ave, Unit 3103 #23213 Diamondhead Ave2BR,2BA$0.80
Las Violetas Town Home Apartmentstownhome1BR,1BA$0.77
Rio De VidaTwo Bedroom2BR,2BA$0.73
1608 Norma Ln2 Beds, 1 Baths2BR,1BA$0.75
La Villa De AltonA11BR,1BA$0.50
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.

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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.

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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!

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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 $650.

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 $1,536.

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 80 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 $134 which is $1,402 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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.