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RentData.org Logo McAllen-Edinburg-Mission Fair Market Rent FY 2015 McAllen-Edinburg-Mission, TX MSA Rental Data

Fair Market Rent Prices in McAllen-Edinburg-Mission, TX :
$448 $508 $661 $823 $1,005
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in McAllen-Edinburg-Mission are low compared to the national average. This FMR area is less expensive than 55% of other FMR areas. Fair Market Rent for a two-bedroom apartment in McAllen-Edinburg-Mission is $661 per month.

The previous year, rent for a two-bedroom home was $655 per month. This is a 0.92% increase year-over-year.

This FMR rate applies to Linn, TX, Hargill, TX, Los Ebanos, TX, La Villa, TX, La Blanca, TX, Grulla, TX, Lyford, TX, Progreso, TX, La Joya, TX, Sullivan City, TX and other cities within the region. The Metro Code or CBSA code for this region is METRO32580M32580.

Additionally, This Fair Market Rent (FMR) area McAllen-Edinburg-Mission, TX MSA spans one county or city in Texas which is listed in the table below. Estimated population of McAllen-Edinburg-Mission, TX MSA FMR area is 774,769 people based on latest Census data.

Compared to the rest of Texas, the McAllen-Edinburg-Mission FMR area is less expensive than 72% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in McAllen-Edinburg-Mission. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in McAllen-Edinburg-Mission

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 476
1-BR 1-Bedroom $ 540
2-BR 2-Bedroom $ 703
3-BR 3-Bedroom $ 876
4-BR 4-Bedroom $ 1069
Change Year:

There is just one county (listed below) within the McAllen-Edinburg-Mission, TX MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Harlingen - Wslco - Brnsvl - Mca.

County / Region Est. Population
McAllen-Edinburg-Mission, TX Metro 774,769
Zip Codes in McAllen-Edinburg-Mission, TX MSA

There are 33 unique zip codes in this Fair Market Rent (FMR) area:

78501, 78502, 78503, 78504, 78505, 78516, 78537, 78538, 78539, 78540, 78541, 78542, 78543, 78548, 78549, 78557, 78558, 78560, 78562, 78563, 78565, 78569, 78570, 78572, 78573, 78574, 78576, 78577, 78579, 78589, 78595, 78596 and 78599

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