Cheap Homes for Rent in Downtown McAllen Neighborhood of McAllen, TX from $600 (125 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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 6604 N 7th St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 2 Bath Condo for Rent

Available Now

6604 N 7th St

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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property at 901 Galveston Ave W

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 2 Bath Condo for Rent

Available Now

901 Galveston Ave W

McAllenTX78501
property at 416 Teague Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 2 Bath Condo for Rent

Available Now

416 Teague Ave, Unit 2

416 Teague Ave
EdinburgTX78539
property at 420 Teague Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 2 Bath Condo for Rent

Available Now

420 Teague Ave, Unit 4

420 Teague Ave
EdinburgTX78539

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 West priced from $453. El Jardin Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Downtown McAllen apartments for rent in McAllen, TX:

Apartment ListingModel NameBed/BathPriced From
Avanti WestB2-30%2BR,2BA$453
El Jardin Apartments1 Bed, 1 bath1BR,1BA$650
The Monark ApartmentsA1 - 1x11BR,1BA$690
Bella VistaB2-50%2BR,2BA$694
Brentwood ApartmentsOne Bedroom1BR,1BA$695
Peppertree1X11BR,1BA$699
Jackson Square1X11BR,1BA$699
Maple Manor Apartments1 Bed 1 Bath1BR,1BA$700
Texan Ranch ApartmentsBunkhousesStudio,1BA$747
Rincon ApartmentsPlan A1BR,1BA$749

Best Value Apartments for Rent in Downtown McAllen, TX

As of June 12, 2026 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 2 Bedroom Model at Napa Heights Apartments starting at $1,100 with a $0.89 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.
St. Antimo ApartmentsTwo Bedroom2BR,2BA$0.83
Napa Heights Apartments2 Bedroom2BR,2BA$0.89
McAllen Flats2X2.52BR,2.5BA$0.77
Hibiscus VillageC2BR,2BA$0.89
716 DFW Dr, Unit 2716 DFW Dr2BR,2BA$0.81
Bella Vista2BR-8112BR,2BA$0.83
505 Teague Ave, Unit 2505 Teague Ave2BR,2BA$0.90
715 S Dfw Dr, Unit #2715 S Dfw Dr2BR,2BA$0.84
604 S Logan Dr, Unit 2604 S Logan Dr2BR,2BA$0.89
Alta Vista Apartments1 Bedroom1BR,1BA$0.89

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Best Local Schools in
Downtown Mcallen, Mcallen, TX

School data provided by Great Schools

Frequently Asked Questions about Downtown McAllen

What type of rentals are currently available in Downtown McAllen?

There are currently 393 Apartments for Rent in Downtown McAllen, TX with pricing that ranges from $316 to $2,800. There are also 317 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown McAllen ranging from $600 to $7,000.

What is the current price range for Rental Homes in Downtown McAllen?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown McAllen ranges from $600 to $7,000 with an average monthly rent of $1,738.

How much are larger Three and Four Bedroom Rentals in Downtown McAllen?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown McAllen range from $516 to $2,145, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $4,250. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $2,350.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.