Cheap Apartments for Rent in McAllen, TX from $300 (236 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

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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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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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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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in McAllen, TX

Pricing Updated: 12/04/2025

Current apartment rentals in the McAllen, TX area range in price from $450 to $33,000 with an overall median price of $2,521. The three McAllen neighborhoods with the lowest median rent pricing are West Sharyland at $900, Las Placitas at $1,000, and Sharyland Plantation at $1,000. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for McAllen Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West Sharyland$1,147$90010
Las Placitas$1,400$1,0008
Sharyland Plantation$1,400$1,0008
Donna Weslaco Mercedes$1,750$450144
Palmview South$1,925$65017
Los Lagos$1,950$500134
La Homa$2,000$6156
East McAllen$2,050$700161
Doffing$2,100$2,1001
Northgate Crossing$2,400$500221

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
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 December 04, 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 2500 N J St Model at 2500 N J St, Unit 1 starting at $1,000 with a $0.77 price per square foot in the East McAllen 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
2500 N J St, Unit 12500 N J St2BR,2.5BA$0.77
1814 E Iowa RdTownhouse Style Apartment2BR,2.5BA$0.75
201 S 5th St, Unit 1201 S 5th St2BR,2.5BA$0.79
1405 Orlando St, Unit orlando 11405 Orlando St2BR,2BA$0.80
1307 N Sal St, Unit 21307 N Sal St2BR,2BA$0.76
Las Violetas Town Home Apartmentstownhome1BR,1BA$0.77
Hibiscus VillageA1BR,1BA$0.49
La Palmilla1BD1BR,1BA$0.50
La Villa De AltonA11BR,1BA$0.50

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 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 $356 at La Villa De Alton.

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 $417 at La Villa De Alton.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.