Cheap Apartments for Rent in El Paso, AR from $500 (50 Rentals)

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

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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West Towne Apartments
2 Bedroom Apartments

West Towne Apartments

2103 W Beebe Capps ExpySearcy, AR 72143
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Orchards at Cabot
1 to 2 Bedroom Apartments

Orchards at Cabot

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

Park Ridge at Conway

1960 Rich Smith LnConway, AR 72032
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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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320-330 Griffith St
Studio to 2 Bedroom Apartments

320-330 Griffith St

320-330 Griffith StConway, AR 72034
Senior Living

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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
GermantownStandard1BR,1BA$655
Fox RunStandard2BR,1BA$745
The Luxe Apartments2bd upstairs upgraded2BR,1BA$765
Village Square of JacksonvilleThe Aviator2BR,2BA$785
The Grove on Brockington1 bed 1 bath1BR,1BA$795
Donaghey Court Apartments1BD/1BA1BR,1BA$800
The VillageThe Ozark1BR,1BA$820

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

As of April 28, 2026 the best value apartment in the El Paso area is the $0.93 price per square foot C1TH Model at German Oaks Townhomes in the in the Conway neighborhood starting from $1,290. The second greatest value El Paso apartment is the The Falcon Model at Village Square of Jacksonville starting at $1,170 with a $0.88 price per square foot in the Jacksonville Sherwood neighborhood. 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.
German Oaks TownhomesC1TH2BR,2BA$0.93
Village Square of JacksonvilleThe Falcon4BR,2BA$0.88
Magnolia GardensTownhomes2BR,2.5BA$1.01
Edge at Conway2X22BR,2BA$0.74
Crestview Apartments2BR/1.5BA2BR,1.5BA$1.00
The Grove on Brockington1 bed 1 bath1BR,1BA$0.90
The Luxe Apartments2bd upstairs2BR,1BA$0.89
Oakwood Apartments1.1 S1BR,1BA$0.98
Stonewall Apartments1BR/1BH (POS)1BR,1BA$0.95
Cadron CommonsStudioStudio ,1BA$1.02

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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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See the most popular apartments and homes in El Paso, AR

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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 Stonewall Apartments and starts from $725.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.