Cheap Apartments for Rent in McAllen, TX from $300 (223 Rentals)

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

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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property at 7 N 11th St

7 N 11th St

McAllenTX78501
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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property at 15 N 24th St

15 N 24th St

McAllenTX78504

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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501 Jasmine Villas
1 to 3 Bedroom Apartments

501 Jasmine Villas

501 E Jasmine AveMcAllen, TX 78501
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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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Dominion Apartments
1 to 2 Bedroom Apartments

Dominion Apartments

2900-2924 N J StMcAllen, TX 78501
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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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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in McAllen, TX

Pricing Updated: 11/24/2025

Current apartment rentals in the McAllen, TX area range in price from $316 to $2,631 with an overall median price of $1,464. The three McAllen neighborhoods with the lowest median rent pricing are Abram Perezville at $775, Palmview South at $850, and Las Placitas at $399. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for McAllen Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Abram Perezville$895$7756
Palmview South$1,040$8509
Las Placitas$1,071$39910
Sharyland Plantation$1,071$39910
Los Lagos$1,150$356194
Doffing$1,150$5505
La Homa$1,150$5507
Donna Weslaco Mercedes$1,150$383176
West Sharyland$1,167$70022
East McAllen$1,200$356394

Cheapest Available McAllen Apartments for Rent

 

The cheapest available apartment rental in McAllen, TX is a 1 Bed unit found at La Palmilla in the Los Lagos neighborhood priced from $356. 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 Palmilla1BD1BR,1BA$356
La Villa De AltonA11BR,1BA$373
Hibiscus VillageB1BR,1BA$379
La Stella Independent Senior LivingA11BR,1BA$380
501 Jasmine VillasThree Bedroom One Bath3BR,1BA$460
Heritage Square1A1BR,1BA$630
612-620 E Hibiscus Ave1/11BR,1BA$675
Sunset Terrace Senior Village1 Bedroom1BR,1BA$692
Bella VistaB2-50%2BR,2BA$694

Best Value Apartments for Rent in McAllen, TX

As of November 24, 2025 the best value apartment in the McAllen area is the $0.80 price per square foot 106 S 48th Ln Model at 106 S 48th Ln, Unit 2 in the in the Downtown McAllen neighborhood starting from $1,200. The second greatest value McAllen apartment is the 1303 W Kiwi Model at 1303 W Kiwi, Unit 4 starting at $990 with a $0.76 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.
106 S 48th Ln, Unit 2106 S 48th Ln2BR,2.5BA$0.80
1303 W Kiwi, Unit 41303 W Kiwi3BR,2.5BA$0.76
1814 E Iowa RdTownhouse Style Apartment2BR,2.5BA$0.75
201 S 5th St, Unit 1201 S 5th St2BR,2.5BA$0.79
2206 E US Highway 281, Unit B-132206 E US Highway 2812BR,1.5BA$0.81
Las Violetas Town Home Apartmentstownhome1BR,1BA$0.77
4307 W La Guardia Ln, Unit 14307 W La Guardia Ln2BR,2BA$0.82
Hibiscus VillageA1BR,1BA$0.49
La Palmilla1BD1BR,1BA$0.50
La Villa De AltonA11BR,1BA$0.53

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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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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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 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 $694.

What is the price of a cheap apartment in McAllen?

The cheapest apartment in McAllen is La Palmilla which is listed at $356, while the average apartment in McAllen costs $1,464.

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 186 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 $324 which is $1,140 cheaper than the average rent for all rentals in McAllen.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.