McAllen, TX
McAllen, TX landlord and rental property insurance
Local rental data and insurance guidance for McAllen property owners. A quote is not a binder.
McAllen is home to roughly 148,782 people in Hidalgo County, and about 41% of its 48,905 occupied homes are rented rather than owner-occupied, above the Texas rate of 37%. That mix shapes who is buying landlord coverage here and what underwriters expect to see.
McAllen rental housing by the numbers
| Measure | McAllen | Texas |
|---|---|---|
| Renter-occupied homes | 41% (19,809) | 37% |
| Median owner-occupied home value | $190,400 | $283,800 |
| Median gross rent | $1,049/mo | $1,403/mo |
| Median year structure built | 1995 | 1992 |
| Homes in 2–4 unit buildings | 12% | 5% |
| Single-family homes (detached or attached) | 68% | 67% |
Figures from the U.S. Census Bureau (ACS 2020–2024 five-year estimates; 2024 population estimates).
Insured value and premium context in McAllen
Homes in McAllen carry a median value near $190,400 according to the Census, compared with $283,800 statewide. Because land is never rebuilt, many owners find their rebuild estimate differs from that figure in either direction.
If your rental is insured somewhere around McAllen's median, the closest NAIC benchmark is the $150,000–$199,999 band, where the 2023 Texas dwelling-fire average was $1,438. The all-amounts state figure was $1,226.
Loss-of-rents planning in McAllen
With median gross rent near $1,049 per month, twelve months of interrupted income in McAllen comes to about $12,588 for a single unit. Multiply by your unit count when you size loss-of-rents coverage.
Construction era of McAllen rentals
Half of McAllen's homes were built before 1995 and half after. Polybutylene supply lines were installed in some homes from the late 1970s to mid-1990s, and insurers may ask whether they have been replaced.
Types of rental property in McAllen
Small multi-family buildings are a real part of McAllen's housing at roughly 12% of units. If you own a duplex, triplex, or fourplex here, read our guide to 2–4 unit buildings.
How McAllen compares with nearby Texas markets
For comparison, Houston comes in at 58% rented and $277,800 median value, with median rent of $1,361. For comparison, San Antonio comes in at 48% rented and $235,700 median value, with median rent of $1,324. Dallas has a renter share of 58% with homes valued around $320,700 at the median. Among the 30 largest Texas cities we profile, McAllen ranks 21 for renter share. Roughly 16% of homes in McAllen are in buildings of five or more units, the point where most owners move to commercial apartment policies.
Natural hazards McAllen landlords plan for
In McAllen, think about winter freeze events that burst pipes first, then flash and coastal flooding, which needs separate flood coverage. Both appear frequently in Texas property claims and can change which policy form and deductible make sense.
Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.
Requesting coverage for a McAllen rental
- Prior carrier, expiration date, and five-year loss history
- Mortgage company details, if financed
- Liability limit and months of rent to protect
- Property location in McAllen and unit count
- Year built and roof age
- Lease type and whether the unit is ever empty
- Any system updates, with years
Request a McAllen landlord quote
Questions from McAllen rental owners
How many renters live in McAllen?
About 41% of occupied homes in McAllen, roughly 19,809 households, are renter-occupied according to the 2020–2024 American Community Survey.
Do McAllen landlords have to carry insurance?
Not by statute. In practice, a McAllen rental with a mortgage will need property coverage, and associations or managers often insist on liability limits.
What is a typical landlord premium in McAllen?
It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 Texas dwelling-fire average of $1,226; see our Texas page for the full table.
Other Texas cities
Landlord insurance in Texas · Cost by state
Last updated October 15, 2026. Sources and method: how we research.