$1,550 Per Month
- 3 Beds
- 2 Baths
- 1,371 Sq Ft
- Condo for Rent
900 E Dallas Ave Unit 3, McAllen, TX 78501
900 E Dallas Ave Unit 3, McAllen, TX 78501
Frequently Asked Questions
How much does it cost to rent a condo in McAllen, TX?
The median rent for a condo in McAllen, TX is $1,150 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in McAllen, TX?
To comfortably afford the median rent in McAllen, TX, a household needs to earn roughly $60,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,500 per month in McAllen, TX, renters typically need to show $4,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in McAllen, TX?
In McAllen, TX, the price-to-rent ratio is 20.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
