McAllen is the 102nd largest multifamily market with 27,914 completed units and 8,848 units in development, 1,719 of which have already broken ground, as of December 2021.
McAllen Multifamily Market Summary – December 2021
New lease asking rents are at $890, up 9.0%▲
from the previous year placing McAllen at
82nd overall in year-over-year rent growth.