Cheap Apartments for Rent in the Downtown McAllen Neighborhood of McAllen, TX from $300 (61 Rentals)

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

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.

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.

property at 7 N 11th St

7 N 11th St

McAllenTX78501
property at 2901 Hwy 107

2901 Hwy 107

McAllenTX78504

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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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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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 to 2 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

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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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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Ivy Terrace Apartments
1 to 3 Bedroom Apartments

Ivy Terrace Apartments

2801 W Maple AveMcAllen, TX 78501
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Evergreen Square
2 Bedroom Apartments

Evergreen Square

2501 W Nolana AveMcAllen, TX 78504
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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.

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. 612-620 E Hibiscus Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. 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
612-620 E Hibiscus Ave1/11BR,1BA$675
Avanti Legacy Violet ParcA1-50%1BR,1BA$682
Bella VistaB2-50%2BR,2BA$694
Brentwood ApartmentsOne Bedroom1BR,1BA$695
The Monark Apartments1 Bed, 1 bath1BR,1BA$700
Jackson Square1X11BR,1BA$729
Peppertree1X11BR,1BA$739
Texan Ranch ApartmentsBunkhousesStudio,1BA$747

Best Value Apartments for Rent in Downtown McAllen, TX

As of October 15, 2025 the best value apartment in the Downtown McAllen area is the $0.88 price per square foot 3B2B Model at Vintage Square Apartments, McAllen, TX in the in the Meadow Ridge neighborhood starting from $1,500. 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.
Vintage Square Apartments, McAllen, TX3B2B3BR,2BA$0.88
St. Antimo ApartmentsTwo Bedroom2BR,2BA$0.83
Danubia2X1.52BR,1.5BA$0.80
2614 Primrose Ave, Unit 12614 Primrose Ave2BR,2BA$0.90
624 DFW Dr, Unit 0624 DFW Dr2BR,2BA$0.85
2708 Presidio Dr, Unit 22708 Presidio Dr2BR,2BA$0.86
617 DFW Dr, Unit Apt 4617 DFW Dr2BR,2BA$0.88
505 Teague Ave, Unit 2505 Teague Ave2BR,2BA$0.90
1200 Violet Ave, Unit A1200 Violet Ave2BR,2BA$0.86
4307 W La Guardia Ln, Unit 14307 W La Guardia Ln2BR,2BA$0.84

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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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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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

Frequently Asked Questions about Cheap Downtown McAllen Apartments

What is a cheap apartment in Downtown McAllen?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown McAllen is under $747.

What is the price of a cheap apartment in Downtown McAllen?

The cheapest apartment in Downtown McAllen is 612-620 E Hibiscus Ave which is listed at $675, while the average apartment in Downtown McAllen costs $2,405.

What types of apartments are the cheapest in Downtown 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 18 regular apartments in Downtown 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 Downtown McAllen?

Cheap apartments in Downtown McAllen have an average cost of $148 which is $2,257 cheaper than the average rent for all rentals in Downtown 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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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.

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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.

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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.