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McAllen, TX Real Estate


According to census data in the year 2000 there were 37,906 housing units in McAllen. This represents a 32.6% growth from 28,597 in 1990.

Of those housing units, 37,745 were located in either urbanized areas or urban clusters, and 161 were located in what is classified as a rural area.

Homeownership rate in McAllen is about 63.4%. McAllen's vacancy rate, including seasonal lodging, is about 12.7%. Average household size is 3.18 people.

The majority of houses, apartments or condos in McAllen were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type4.40%
One Bedroom16.80%
Two Bedrooms28.70%
Three Bedrooms36.70%
Four Bedrooms11.20%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.36
Median year structure was built1982
Median Value of occupied units$73,900
Median Price asked for vacant units$79,800

Rented Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1980
Median Monthly Rent asked for vacant units$406

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage1.50%
Home Equity Loan2.40%
Simple Mortgage54.70%
Debt Free41.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%