McAllen, TX
Updated quarterly · Data sourced from Zillow ZHVI/ZORI, Census ACS, and FHFA. · Texas overview
Home Value
Median Rent
Per month average
Gross Yield
Annual rent / value
Rent / Price
1% rule benchmark
HH Income
Median household
Owner-Occ
Renter-Occ
Tenant demand share
Population
Metro area census
Market Analysis
The McAllen, TX real estate market currently sits at a median home value of $165k with median rents around $1,090/month, producing a gross yield of 7.93%. That puts McAllen in the category of solid gross yield, right at the 7% LTR sweet spot. Over the past year, home values are up 6.3%, while rents rose 5.5%, the gap between those two trends is what determines whether yield compresses or expands over time for buy-and-hold investors in Texas. McAllen is an owner-occupier market (69% owner-occupied) where investor competition is generally lighter, with median household income of $49,000 setting the affordability ceiling on future rent growth.
Frequently asked questions
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