ZIP Code · TX

ZIP 78501

Part of McAllen, TX
Pop. 58,935·Hidalgo County·625th most expensive ZIP in Texas
Median rent (all units)
$1,183/mo
Year-over-Year
+1.8%
Month-over-Month
+0.8%
vs US Median
-$749
Reported rents
Rising (Monthly)
Be the first to discuss 78501 rents ↓
Most AffordableMost Expensive
ZIP 78501 · $1,183
More affordable than 92% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$920
1 BR
$930
2 BR
$1,160
3 BR
$1,510
4 BR+
$1,670
Research median
$1,160/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 78501 is 0% below its high of $1,183 in February 2026, at $1,183 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 78501 changed +1.8% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($48,071) is $1,202 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,160); a 3-bedroom is $1,510.

Rank in McAllen

1st cheapest of 3 ZIP codes in McAllen.

From Zillow's monthly rent index (ZORI) for ZIP 78501. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$14,196/yr
At $1,183/mo median
Location
StateTX
CountyHidalgo County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.8% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 78501 (McAllen, TX) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 28.2% of residents hold a bachelor's degree or higher.

Population
58,935
Median income
$48,071
Median age
36
Renters
50.7%
Age distribution
26.1%
23%
24.6%
16.2%
Under 1826.1%
18–3423%
35–5424.6%
55–6410.1%
65+16.2%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
40%
89.4%
White40%
Black0.8%
Hispanic89.4%
Asian1.4%
Education (25+)
23.5%
23.8%
24.6%
28.2%
No HS diploma23.5%
HS diploma23.8%
Some college24.6%
Bachelor's+28.2%
Housing tenure
49.3%
50.7%
Owner49.3%
Renter50.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 78501 in McAllen, TX has changed in 5 years

Rent
$1,101 → $1,183
up 7.4%
Income
$43,679 → $48,071
up 10.1%
Population
60,855 → 58,935
down 3.2%
Renter share
49.1% → 50.7%
+1.6 pts
Bachelor's+
27.7% → 28.2%
+0.5 pts

Rent in ZIP 78501 in McAllen, TX has climbed 7.4% since 2022, going from about $1,101 per month to roughly $1,183 today. On the earnings side, the typical household in ZIP 78501 in McAllen, TX now reports about $48,071, up from $43,679 in 2021. Headcount in the area went from 60,855 to 58,935 between 2021 and 2024, a 3.2% change. About 50.7% of households rent today, against 49.1% in 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 78501 in McAllen, TX reflects that arc in its own way.

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Local insights

Tips for renters in ZIP 78501

About renting in ZIP 78501

Last updated: October 17, 2026

ZIP code 78501 covers McAllen, TX. The median rent here is $1,183/mo as of October 2026. A 1-bedroom rents for a median of $930/mo. A 2-bedroom rents for a median of $1,160/mo.

At 30% of local median household income ($48,071/yr), ZIP 78501 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 78501?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (about $23/hour full-time) to afford the median rent of $1,183/mo in ZIP 78501. The local median household income is $48,071/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 78501?

Rent in ZIP 78501 has risen 1.8% over the past year as of September 2026. It sits 0% below its high of $1,183 in February 2026.

How does ZIP 78501 compare to other ZIPs in Texas?

ZIP 78501 is one of the more affordable among Texas ZIP codes for rent, ranking #625 of 693 at $1,183/mo. Over the year to September 2026, rent in ZIP 78501 changed +1.8%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.

How does ZIP 78501 compare to the rest of McAllen?

At $1,183/mo, ZIP 78501 is $117 below the McAllen citywide median of $1,300/mo. It is the 1st cheapest of 3 ZIP codes in McAllen.
Income Affordability
30%
MODERATE

At $1,183/mo, rent takes ~30% of ZIP 78501's median household income ($48,071/yr). The standard benchmark is 30%.

ZIP 78501 30%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 78501 (McAllen, TX)

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