Cheap Apartments for Rent near El Paso, AR from $500 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in El Paso.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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West Towne Apartments
2 Bedroom Apartments

West Towne Apartments

2103 W Beebe Capps ExpySearcy, AR 72143
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Orchards at Cabot
1 to 2 Bedroom Apartments

Orchards at Cabot

555 E Mountain Springs RdCabot, AR 72023
Senior Living
  • Utilities Included
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Park Ridge at Conway
1 to 2 Bedroom Apartments

Park Ridge at Conway

1960 Rich Smith LnConway, AR 72032
  • Utilities Included
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523 E Main St
2 Bedroom Apartments

523 E Main St

523 E Main StCabot, AR 72023
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Timberwood Apartments
1 to 3 Bedroom Apartments

Timberwood Apartments

207 S Hospital BlvdJacksonville, AR 72076
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-49, Page 1 of 1

El Paso, AR Local Guide

Cheapest Available El Paso Apartments for Rent and Nearby

 

The cheapest available apartment rental in El Paso, AR is a Studio unit found at Cadron Commons priced from $525. Stonewall Apartments in the Little Rock Air Force Base neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable El Paso apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cadron CommonsStudioStudio,1BA$525
Stonewall Apartments1BR/1BH (POS)1BR,1BA$550
Oakwood Apartments1.1S Rehab1BR,1BA$610
Fox RunStandard1BR,1BA$655
GermantownStandard1BR,1BA$655
The Luxe Apartments2bd upstairs upgraded2BR,1BA$725
The Grove on Brockington1 bed 1 bath1BR,1BA$795
Cottonwood1 Bedrooms1BR,1BA$795
Donaghey Court Apartments1BD/1BA1BR,1BA$800
High Point Park Apartments1 BR standard1BR,1BA$800

Best Value Apartments for Rent in El Paso, AR and Nearby

As of July 28, 2026 the best value apartment in the El Paso area is the $1.01 price per square foot Townhomes Model at Magnolia Gardens in the starting from $1,299. The second greatest value El Paso apartment is the 3 Bedrooms Model at Cottonwood starting at $1,150 with a $1.00 price per square foot . Here is today’s list of the best values for El Paso apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Magnolia GardensTownhomes2BR,2.5BA$1.01
Cottonwood3 Bedrooms3BR,2BA$1.00
Village Square of JacksonvilleThe Titan3BR,2BA$0.85
Steeplechase ApartmentsPremium 2 Bedroom Apartment Home2BR,2BA$1.02
Edge at Conway2X22BR,2BA$0.72
The Grove on Brockington1 bed 1 bath1BR,1BA$0.90
The Luxe Apartments2bd upstairs upgraded2BR,1BA$0.84
Oakwood Apartments1.1 S1BR,1BA$0.98
Stonewall Apartments1BR/1BH (POS)1BR,1BA$0.95
Cadron CommonsStudioStudio ,1BA$1.02

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore El Paso, AR Rentals by Map

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Frequently Asked Questions about Cheap El Paso Apartments

How much is rent for a Cheap One Bedroom El Paso Apartment?

The lowest price for a Cheap One Bedroom El Paso Apartment is $550 at Stonewall Apartments.

What is the lowest price for a Cheap Two Bedroom El Paso Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in El Paso is starting from $635 at Stonewall Apartments.

What is the most affordable El Paso Three Bedroom Apartment?

The best deal on a cheap El Paso Three Bedroom Apartment rental is at Village Square of Jacksonville and starts from $910.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.