$1,120 Per Month
- 2 Beds
- 2 Baths
- 1,025 Sq Ft
- Apartment for Rent
5701 Notre Dame Ave Unit 4, McAllen, TX 78504
5701 Notre Dame Ave Unit 4, McAllen, TX 78504
Frequently Asked Questions
How much does it cost to rent a home in McAllen, TX?
The median rent for a home in McAllen, TX is $1,380 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 $55,200 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 $1,380 per month in McAllen, TX, renters typically need to show $4,140 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 22.0, 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.
What neighborhoods in McAllen, TX are best for renting a home?
The best neighborhood for renting in McAllen, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include La Homa and Abram-Perezville, each with its own character and price range.
