WhereCanIAfford › McAllen, TX › On $350,000

Is McAllen, TX affordable on a $350,000 salary?

YES On $350,000/yr, the typical $188,971 home in McAllen, TX needs $59,163/yr ($1,380/mo). Your gap: +$290,837 — housing would be 4.7% of your gross income.

The math

188,971 price − 10% down (18,897) = 170,074 loan
30-yr fixed at 7.18% on 170,074 = 1,152/mo principal+interest
+ 228/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
1,380/mo PITI ÷ 0.28 = 4,930/mo → 59,163/yr required

against Zillow ZHVI 2026-09 and the 7.18% FRED 30-yr rate (2026-11-05).

What salary WOULD clear McAllen, TX?

You need about $59,163/yr for the typical home. On $350,000 you already clear it by $290,837.

On $325,000? On $375,000? On $400,000?

See the full McAllen, TX affordability breakdown → or every metro you can afford on $350,000 →