Cheap Homes for Rent in Downtown McAllen Neighborhood of McAllen, TX from $600 (133 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 3616 Harvey Dr W

3616 Harvey Dr W

McAllenTX78501
property at 3616 Harvey Dr W

3616 Harvey Dr W

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.

property at 417 E Ulex Ave

417 E Ulex 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.

property at 3405 Frio Ave

3405 Frio Ave

McAllenTX78504
property at 900 E Redbud Ave

900 E Redbud Ave

McAllenTX78504
property at 11019 N 36th Ln

11019 N 36th Ln

McAllenTX78504
property at 3409 Frio Ave

3409 Frio Ave

McAllenTX78504

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.

property at 3504 Frio Ave

3504 Frio Ave

McAllenTX78504
property at 7102 N 56th Ln

7102 N 56th Ln

McAllenTX78503
property at 7102 N 56th Ln

7102 N 56th Ln

PalmhurstTX78573

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.

property at 1105 W Kennedy St

1105 W Kennedy St

PharrTX78577

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 26, 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
4404 N 24th Ln, Unit A4404 N 24th Ln3BR,2BA$0.94
Danubia2X2.52BR,2.5BA$0.82
3704 Hawthorne Ave, Unit 23704 Hawthorne Ave2BR,2BA$0.87
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.

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Frequently Asked Questions about Downtown McAllen

What type of rentals are currently available in Downtown McAllen?

There are currently 421 Apartments for Rent in Downtown McAllen, TX with pricing that ranges from $650 to $2,000. There are also 333 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown McAllen ranging from $650 to $9,000.

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 $650 to $9,000 with an average monthly rent of $3,254.

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.