Cheap Homes for Rent in McAllen, TX from $400 (284 Rentals)

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

property at 1608 Norma Ln

1608 Norma Ln

EdinburgTX78539
property at 811 French Ave

811 French Ave

EdinburgTX78541
property at 3616 Harvey Dr W

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.

property at 9 Kimberly Ln

9 Kimberly Ln

EdinburgTX78541

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 416 E Tulip Ave

416 E Tulip Ave

McAllenTX78504
property at 1105 W Stubbs St

1105 W Stubbs St

EdinburgTX78539
property at 1105 W Stubbs St

1105 W Stubbs St

EdinburgTX78539
property at 1105 W Stubbs St

1105 W Stubbs St

EdinburgTX78539

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.

property at 1105 W Stubbs St

1105 W Stubbs St

EdinburgTX78539
property at 511 Lotto Ln

511 Lotto Ln

EdinburgTX78541
property at 511 Lotto Ln

511 Lotto Ln

EdinburgTX78541

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 416 E Tulip Ave

416 E Tulip 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.

McAllen, TX Local Guide

Cheapest Neighborhoods for Apartments in McAllen, TX

Pricing Updated: 11/17/2025

Current apartment rentals in the McAllen, TX area range in price from $316 to $2,631 with an overall median price of $1,484. The three McAllen neighborhoods with the lowest median rent pricing are Abram Perezville at $850, Palmview South at $600, and Los Lagos at $353. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for McAllen Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Abram Perezville$975$8505
Palmview South$1,040$6009
Los Lagos$1,150$353196
Doffing$1,150$5505
La Homa$1,150$5507
West Sharyland$1,150$70022
Donna Weslaco Mercedes$1,150$383173
Las Placitas$1,178$39913
Sharyland Plantation$1,178$39913
East McAllen$1,250$353405

Cheapest Available McAllen Apartments for Rent

 

The cheapest available apartment rental in McAllen, TX is a 1 Bed unit found at La Stella Independent Senior Living in the Los Lagos neighborhood priced from $353. La Palmilla in the Los Lagos neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $356. Here is today’s list of the most affordable McAllen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Stella Independent Senior LivingA11BR,1BA$353
La Palmilla1BD1BR,1BA$356
La Villa De AltonA11BR,1BA$373
Hibiscus VillageB1BR,1BA$379
501 Jasmine VillasTwo Bedroom One Bathroom2BR,1BA$413
The Green JayC2BR,2BA$446
Heritage Square1A1BR,1BA$630
612-620 E Hibiscus Ave1/11BR,1BA$675
Avanti Legacy Valor HeightsA1AV-50%1BR,1BA$682

Best Value Apartments for Rent in McAllen, TX

As of November 17, 2025 the best value apartment in the McAllen area is the $0.76 price per square foot 1303 W Kiwi Model at 1303 W Kiwi, Unit 4 in the in the Los Lagos neighborhood starting from $990. The second greatest value McAllen apartment is the Townhouse Style Apartment Model at 1814 E Iowa Rd starting at $900 with a $0.75 price per square foot in the Los Lagos 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.
1303 W Kiwi, Unit 41303 W Kiwi3BR,2.5BA$0.76
1814 E Iowa RdTownhouse Style Apartment2BR,2.5BA$0.75
201 S 5th St, Unit 1201 S 5th St2BR,2.5BA$0.79
Avanti East ApartmentsTwo Bedroom2BR,2BA$0.78
The Green JayC2BR,2BA$0.45
La Stella Independent Senior LivingB22BR,2BA$0.78
Las Violetas Town Home Apartmentstownhome1BR,1BA$0.77
Hibiscus VillageB1BR,1BA$0.46
La Palmilla1BD1BR,1BA$0.50
La Villa De AltonA11BR,1BA$0.53

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

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Frequently Asked Questions about McAllen

What type of rentals are currently available in McAllen?

There are currently 1162 Apartments for Rent in McAllen, TX with pricing that ranges from $316 to $2,631. There are also 817 Single Family Homes for rent, Condos, and Townhome rentals currently available in McAllen ranging from $400 to $35,000.

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 $400 to $35,000 with an average monthly rent of $7,200.

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 $2,255, while Three Bedroom Homes, Condos, and Townhomes for rent range from $790 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,875.

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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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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.