Property Prices in McAllen, TX, United States

Index Info
Price to Income Ratio: 2.34
Mortgage as Percentage of Income: 20.34%
Loan Affordability Index: 4.92
Price to Rent Ratio - City Centre: 9.86
Price to Rent Ratio - Outside of Centre: 11.96
Gross Rental Yield (City Centre): 10.15%
Gross Rental Yield (Outside of Centre): 8.36%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $822.40 750.00-1,200.00
1 Bedroom Apartment Outside of City Centre $674.83 599.00-750.00
3 Bedroom Apartment in City Centre $1,363.50 1,100.00-1,500.00
3 Bedroom Apartment Outside of City Centre $1,130.67 1,000.00-1,200.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre $1,705.75 1,668.00-1,722.00
Price per Square Meter to Buy Apartment Outside of Centre $1,705.75 1,668.00-1,722.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) $3,641.82
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.13 6.00-6.20

These data are based on 66 entries from 16 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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