Cheap Apartments for Rent in the Downtown McAllen Neighborhood of McAllen, TX from $300 (55 Rentals)

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

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property at 2428 Upas Ave

2428 Upas Ave

McAllenTX78501
property at 2901 Hwy 107

2901 Hwy 107

McAllenTX78504
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501 Jasmine Villas
2 to 3 Bedroom Apartments

501 Jasmine Villas

501 E Jasmine AveMcAllen, TX 78501

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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Jorsay Apartments
1 to 2 Bedroom Apartments

Jorsay Apartments

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

Harvey Apartments

3616 Harvey StMcAllen, TX 78501
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Palm Manor Apartments
Studio to 2 Bedroom Apartments

Palm Manor Apartments

4812 N 10th StMcAllen, TX 78504
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South Pointe
1 to 2 Bedroom Apartments

South Pointe

1900 S 38th StMcAllen, TX 78503
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Hibiscus
1 Bedroom Apartments

Hibiscus

1113 Hibiscus AveMcAllen, TX 78501
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Legacy 2
1 Bedroom Apartments

Legacy 2

3413 N McColl RdMcAllen, TX 78501
  • Utilities Included

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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Dominion Apartments
2 Bedroom Apartments

Dominion Apartments

2900-2924 N J StMcAllen, TX 78501
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Legacy 2
1 Bedroom Apartments

Legacy 2

413 N McColl RdMcAllen, TX 78501
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Tamarack Apartments
1 to 2 Bedroom Apartments

Tamarack Apartments

1901 N Col Rowe BlvdMcAllen, TX 78501
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Jackson Square
1 to 2 Bedroom Apartments

Jackson Square

700 W Jackson AveMcAllen, TX 78501
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Evergreen Square
2 Bedroom Apartments

Evergreen Square

2501 W Nolana AveMcAllen, TX 78504
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Legacy 7
1 Bedroom Apartments

Legacy 7

1720 Kendlewood AveMcAllen, TX 78501
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Legacy 3
1 Bedroom Apartments

Legacy 3

3401 N McColl RdMcAllen, TX 78501

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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The Monark Apartments
1 to 3 Bedroom Apartments

The Monark Apartments

1600 Tamarack AveMcAllen, TX 78501
  • 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 2 Beds unit found at Avanti at Emerald Point Apartments priced from $444. 501 Jasmine Villas has the second lowest priced unit, which is a 3 Beds apartment currently listed from $460. Here are the most affordable Downtown McAllen apartments for rent in McAllen, TX:

Apartment ListingModel NameBed/BathPriced From
Avanti at Emerald Point ApartmentsB42BR,2BA$444
501 Jasmine VillasThree Bedroom One Bath3BR,1BA$460
Hibiscus Apartments1 Bedroom 1 Bath1BR,1BA$656
612-620 E Hibiscus Ave1/11BR,1BA$675
Villas De NolanaBougainvillea1BR,1BA$709
Jackson Square1X11BR,1BA$729
Peppertree1X11BR,1BA$739
Brentwood ApartmentsOne Bedroom1BR,1BA$745
Texan Ranch ApartmentsBunkhousesStudio,1BA$747
Maple Manor Apartments1 Bed, 1 bath1BR,1BA$750

Best Value Apartments for Rent in Downtown McAllen, TX

As of August 19, 2025 the best value apartment in the Downtown McAllen area is the $0.83 price per square foot Two Bedroom Model at St. Antimo Apartments in the in the East McAllen neighborhood starting from $1,080. The second greatest value Downtown McAllen apartment is the 2X1.5 Model at Danubia starting at $919 with a $0.80 price per square foot in the Northgate Crossing 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.
St. Antimo ApartmentsTwo Bedroom2BR,2BA$0.83
Danubia2X1.52BR,1.5BA$0.80
Avanti at Emerald Point ApartmentsB42BR,2BA$0.41
718 S O'Hare Dr, Unit B718 S O'Hare Dr2BR,2BA$0.79
704 DFW Dr, Unit 3704 DFW Dr2BR,2BA$0.81
Avanti WestB22BR,2BA$0.72
724 S O'Hare Dr, Unit A724 S O'Hare Dr2BR,2BA$0.88
4307 W La Guardia Ln, Unit 14307 W La Guardia Ln2BR,2BA$0.90
Avanti Legacy Valor HeightsB12BR,2BA$0.82
Royal Oaks ApartmentsA11BR,1BA$0.94

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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Pet Friendly Lifestyle
Downtown Mcallen, Mcallen, TX

Ranked #1

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $444 at Avanti at Emerald Point Apartments.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.

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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.