Cheap Apartments for Rent in the Downtown McAllen Neighborhood of McAllen, TX from $400 (51 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2428 Upas Ave

2428 Upas Ave

McAllenTX78501

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.

Read Article

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.

Read Article
property at 2901 Hwy 107

2901 Hwy 107

McAllenTX78504
close
View Me
501 Jasmine Villas
2 to 3 Bedroom Apartments

501 Jasmine Villas

501 E Jasmine AveMcAllen, TX 78501
close
View Me
Jorsay Apartments
1 to 2 Bedroom Apartments

Jorsay Apartments

300 S G StMcAllen, TX 78501
  • Utilities Included
close
View Me
Harvey Apartments
2 Bedroom Apartments

Harvey Apartments

3616 Harvey StMcAllen, TX 78501
  • 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.

Read Article
close
View Me
Palm Manor Apartments
Studio to 2 Bedroom Apartments

Palm Manor Apartments

4812 N 10th StMcAllen, TX 78504
  • Utilities Included
close
View Me
South Pointe
1 to 2 Bedroom Apartments

South Pointe

1900 S 38th StMcAllen, TX 78503
  • Utilities Included
close
View Me
Hibiscus
1 Bedroom Apartments

Hibiscus

1113 Hibiscus AveMcAllen, TX 78501
close
View Me
Legacy 2
1 Bedroom Apartments

Legacy 2

3413 N McColl RdMcAllen, TX 78501
  • Utilities Included
close
View Me
Jackson Square
1 to 2 Bedroom Apartments

Jackson Square

700 W Jackson AveMcAllen, TX 78501
close
View Me
Legacy 2
1 Bedroom Apartments

Legacy 2

413 N McColl RdMcAllen, TX 78501
close
View Me
Dominion Apartments
2 Bedroom Apartments

Dominion Apartments

2900-2924 N J StMcAllen, TX 78501
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
1901 N Col Rowe Blvd
1 to 2 Bedroom Apartments

1901 N Col Rowe Blvd

1901 N Col Rowe BlvdMcAllen, TX 78501
  • Utilities Included
close
View Me
Legacy 7
1 Bedroom Apartments

Legacy 7

1720 Kendlewood AveMcAllen, TX 78501
close
View Me
Legacy 3
1 Bedroom Apartments

Legacy 3

3401 N McColl RdMcAllen, TX 78501
close
View Me
Evergreen Square
2 Bedroom Apartments

Evergreen Square

2501 W Nolana AveMcAllen, TX 78504
  • Utilities Included
close
View Me
Legacy 1
1 Bedroom Apartments

Legacy 1

3501 N McColl RdMcAllen, TX 78501
close
View Me
Bella Vista
1 to 3 Bedroom Apartments

Bella Vista

815 N Shary BlvdAlton, TX 78573
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Downtown McAllen, McAllen, TX Local Guide

Cheapest Available Downtown McAllen Apartments for Rent

 

The cheapest available apartment rental in the Downtown McAllen area of McAllen, TX is a 3 Beds unit found at 501 Jasmine Villas priced from $460. Hibiscus Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $656. Here are the most affordable Downtown McAllen apartments for rent in McAllen, TX:

Apartment ListingModel NameBed/BathPriced From
501 Jasmine VillasThree Bedroom One Bath3BR,1BA$460
Hibiscus Apartments1 Bedroom 1 Bath1BR,1BA$656
612-620 E Hibiscus Ave1/11BR,1BA$675
Jackson Square1X11BR,1BA$699
Peppertree1X11BR,1BA$739
Brentwood ApartmentsOne Bedroom1BR,1BA$745
Texan Ranch ApartmentsBunkhousesStudio,1BA$747
Maple Manor Apartments1 Bed, 1 bath1BR,1BA$750
1210 Pecan BlvdStudio, 1 bathStudio,1BA$750
Avanti Legacy at Emerald Point1 Bed, 1 bath1BR,1BA$773

Best Value Apartments for Rent in Downtown McAllen, TX

As of June 20, 2025 the best value apartment in the Downtown McAllen area is the $0.82 price per square foot 612 N Bicentennial Blvd Model at 612 N Bicentennial Blvd, Unit A in the in the Downtown McAllen neighborhood starting from $1,150. The second greatest value Downtown McAllen apartment is the Two Bedroom Model at St. Antimo Apartments starting at $1,080 with a $0.83 price per square foot in the East McAllen neighborhood. Here is today’s list of the best values for Downtown McAllen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
612 N Bicentennial Blvd, Unit A612 N Bicentennial Blvd3BR,2BA$0.82
St. Antimo ApartmentsTwo Bedroom2BR,2BA$0.83
Danubia2X2.52BR,2.5BA$0.82
3704 Hawthorne Ave, Unit 23704 Hawthorne Ave2BR,2BA$0.87
2501 N I St, Unit E32501 N I St2BR,2.5BA$0.91
Avanti WestTwo Bedroom Two Bath2BR,2BA$0.89
801 E Daffodil, Unit #4801 E Daffodil2BR,2BA$0.93
4307 W La Guardia Ln, Unit 14307 W La Guardia Ln2BR,2BA$0.90
Royal Oaks ApartmentsA11BR,1BA$0.94
Jackson Square1X11BR,1BA$0.95

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Mcallen, Mcallen, TX

Ranked #1

Among neighborhoods in McAllen, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Downtown Mcallen, Mcallen, TX

School data provided by Great Schools

Lifestyle Ratings

This website is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central McAllen. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Getting Around the Downtown McAllen Neighborhood in McAllen, TX

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some 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 Downtown McAllen Apartments

What is the Cheapest Studio apartment in Downtown McAllen?

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

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

The lowest price for a Cheap One Bedroom Downtown McAllen Apartment is $656 at Hibiscus Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown McAllen is starting from $770 at 501 Jasmine Villas.

What is the most affordable Downtown McAllen Three Bedroom Apartment?

The best deal on a cheap Downtown 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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.