Cheap Homes for Rent in Downtown McAllen Neighborhood of McAllen, TX from $600 (144 Rentals)

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

property at 3616 Harvey Dr W

3616 Harvey Dr W

McAllenTX78501
property at 416 E Tulip Ave

416 E Tulip Ave

McAllenTX78504

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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property at 416 E Tulip Ave

416 E Tulip Ave

McAllenTX78504
property at 618 DFW Dr

618 DFW Dr

EdinburgTX78539

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 900 E Redbud Ave

900 E Redbud Ave

McAllenTX78504
property at 900 E Redbud Ave

900 E Redbud Ave

McAllenTX78504
property at 900 E Redbud Ave

900 E Redbud Ave

McAllenTX78504

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 1015 Fresno Ave

1015 Fresno Ave

McAllenTX78501
property at 7106 N 56th Ln

7106 N 56th Ln

PalmhurstTX78573
property at 512 Downing Ave

512 Downing Ave

EdinburgTX78539
property at 3309 Frio Ave

3309 Frio Ave

McAllenTX78504
property at 3309 Frio Ave

3309 Frio Ave

McAllenTX78504

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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property at 7814 N 58th St

7814 N 58th St

MissionTX78573

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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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 1 Bed unit found at Hibiscus Village priced from $379. 501 Jasmine Villas has the second lowest priced unit, which is a 2 Beds apartment currently listed from $413. Here are the most affordable Downtown McAllen apartments for rent in McAllen, TX:

Apartment ListingModel NameBed/BathPriced From
Hibiscus VillageB1BR,1BA$379
501 Jasmine VillasTwo Bedroom One Bathroom2BR,1BA$413
The Green JayC2BR,2BA$446
612-620 E Hibiscus Ave1/11BR,1BA$675
Avanti Legacy Valor HeightsA1AV-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

Best Value Apartments for Rent in Downtown McAllen, TX

As of November 15, 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 2X2.5 Model at Danubia starting at $1,019 with a $0.85 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
Danubia2X2.52BR,2.5BA$0.85
Vintage Square Apartments, McAllen, TX2B1B2BR,1BA$0.86
624 DFW Dr, Unit 0624 DFW Dr2BR,2BA$0.85
The Green JayC2BR,2BA$0.45
1209 Swallow Ave, Unit #31209 Swallow Ave2BR,2BA$0.95
4307 W La Guardia Ln, Unit 14307 W La Guardia Ln2BR,2BA$0.84
604 S Logan Dr, Unit 2604 S Logan Dr2BR,2BA$0.92
Royal Oaks ApartmentsA11BR,1BA$0.94
Hibiscus VillageB1BR,1BA$0.46

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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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

Frequently Asked Questions about Downtown McAllen

What type of rentals are currently available in Downtown McAllen?

There are currently 369 Apartments for Rent in Downtown McAllen, TX with pricing that ranges from $316 to $2,435. There are also 332 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown McAllen ranging from $675 to $5,000.

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 $675 to $5,000 with an average monthly rent of $2,318.

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 $416 to $2,175, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,090 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $2,350.

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 Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.