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Rent Tracker
The average asking rent in McAllen, TX is $1,103/month as of 2026-03. That is +0.5% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) · zillow.com/research
Current Avg Rent
$1,103/mo
as of 2026-03
Year-over-Year Change
+0.5%
Monthly ZORI index values for McAllen, TX.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-03 | $1,103 | +0.00% |
| 2026-02 | $1,103 | -0.09% |
| 2026-01 | $1,104 | +0.09% |
| 2025-12 | $1,103 | +0.18% |
| 2025-11 | $1,101 | +0.00% |
| 2025-10 | $1,101 | -0.09% |
| 2025-09 | $1,102 | -0.54% |
| 2025-08 | $1,108 | -0.18% |
| 2025-07 | $1,110 | -0.09% |
| 2025-06 | $1,111 | +0.63% |
| 2025-05 | $1,104 | +0.73% |
| 2025-04 | $1,096 | -0.18% |
| 2025-03 | $1,098 | +0.18% |
| 2025-02 | $1,096 | -0.18% |
| 2025-01 | $1,098 | +0.37% |
| 2024-12 | $1,094 | +0.09% |
| 2024-11 | $1,093 | +0.09% |
| 2024-10 | $1,092 | -0.27% |
| 2024-09 | $1,095 | -0.27% |
| 2024-08 | $1,098 | -0.09% |
| 2024-07 | $1,099 | -0.09% |
| 2024-06 | $1,100 | +0.00% |
| 2024-05 | $1,100 | +0.46% |
| 2024-04 | $1,095 | — |
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Data: Zillow Research ZORI · Updated monthly · Price Inflation Report