Cheap Homes for Rent in McAllen, TX from $500 (359 Rentals)

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

property at 1608 Norma Ln

$500 - $600

1 To 2 Bedroom Rentals

Available Now

1608 Norma Ln

EdinburgTX78539
property at 811 French Ave

$600 - $700

1 To 2 Bedroom Rentals

Available Now

811 French Ave

EdinburgTX78541
property at 3616 Harvey Dr W

$675

2 Bedroom, 1 Bath Condo for Rent

Available Now

3616 Harvey Dr W

McAllenTX78501

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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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 1105 W Stubbs St

$800

2 Bedroom, 1 Bath Condo for Rent

Available Now

1105 W Stubbs St

EdinburgTX78539
property at 1105 W Stubbs St

$800

2 Bedroom, 1 Bath Condo for Rent

Available Now

1105 W Stubbs St

EdinburgTX78539
property at 1105 W Stubbs St

$800

2 Bedroom, 1 Bath Condo for Rent

Available Now

1105 W Stubbs St

EdinburgTX78539

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 3911 Valeria St

$815

1 Bedroom, 1 Bath Condo for Rent

Available Now

3911 Valeria St

EdinburgTX78541
property at 2002 Angus St

$845

2 Bedroom, 2 Bath Condo for Rent

Available Now

2002 Angus St

MissionTX78572

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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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.

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Showing Results 1-50, Page 1 of 8

McAllen, TX Local Guide

Cheapest Neighborhoods for Apartments in McAllen, TX

Pricing Updated: 01/02/2026

Current apartment rentals in the McAllen, TX area range in price from $316 to $2,800 with an overall median price of $1,484. The three McAllen neighborhoods with the lowest median rent pricing are Doffing at $550, Los Lagos at $356, and La Homa at $550. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for McAllen Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Doffing$1,020$5506
Los Lagos$1,100$356199
La Homa$1,100$55011
Abram Perezville$1,150$7755
Donna Weslaco Mercedes$1,150$383198
West Sharyland$1,152$35621
Airport District$1,178$399172
Las Placitas$1,178$39911
Sharyland Plantation$1,178$39911
Palmview South$1,195$60013

Cheapest Available McAllen Apartments for Rent

 

The cheapest available apartment rental in McAllen, TX is a 1 Bed unit found at Bella Vista in the Meadow Ridge neighborhood priced from $316. Hibiscus Village in the Meadow Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $379. Here is today’s list of the most affordable McAllen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bella VistaA1-30%1BR,1BA$316
Hibiscus VillageB1BR,1BA$379
La Stella Independent Senior LivingA11BR,1BA$380
La Villa De AltonB12BR,1BA$417
Heritage Square1A1BR,1BA$630
612-620 E Hibiscus Ave1/11BR,1BA$675
Sunset Terrace Senior Village1 Bedroom1BR,1BA$692
Brentwood ApartmentsOne Bedroom1BR,1BA$695
Peppertree1X11BR,1BA$699

Best Value Apartments for Rent in McAllen, TX

As of January 03, 2026 the best value apartment in the McAllen area is the $0.21 price per square foot 1511 Nassau St Model at 1511 Nassau St, Unit 3 in the in the Northgate Crossing neighborhood starting from $800. The second greatest value McAllen apartment is the 2 Beds, 2 baths Model at 708 E La Cantera Ave starting at $1,200 with a $0.75 price per square foot in the East McAllen neighborhood. Here is today’s list of the best values for McAllen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1511 Nassau St, Unit 31511 Nassau St2BR,2BA$0.21
708 E La Cantera Ave2 Beds, 2 baths2BR,2BA$0.75
2500 N J St, Unit 12500 N J St2BR,2.5BA$0.77
2607 Cervantes Ave, Unit 12607 Cervantes Ave3BR,3BA$0.81
1814 E Iowa RdTownhouse Style Apartment2BR,2.5BA$0.75
3307 Magdalena St, Unit 83307 Magdalena St3BR,2BA$0.81
704 W Bahamas, Unit 2704 W Bahamas2BR,2BA$0.77
1405 Orlando St, Unit orlando 11405 Orlando St2BR,2BA$0.80
La Villa De AltonB12BR,1BA$0.43
Hibiscus VillageA1BR,1BA$0.49

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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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mcallen, TX Rentals by Map

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See the most popular apartments and homes in Mcallen, TX

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Mcallen, TX Apartments Map
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Frequently Asked Questions about McAllen

What type of rentals are currently available in McAllen?

There are currently 1136 Apartments for Rent in McAllen, TX with pricing that ranges from $316 to $2,800. There are also 718 Single Family Homes for rent, Condos, and Townhome rentals currently available in McAllen ranging from $500 to $33,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in McAllen ranges from $500 to $33,000 with an average monthly rent of $2,143.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in McAllen range from $416 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $2,340.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!