
Cheap Homes for Rent in El Paso, AR from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in El Paso.


705 W Center St

109 N Park St
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.

300 4th St

4 Eagles Nest Cove

124 N Park St
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.

20 Marie Ln
El Paso, AR Local Guide

How much does it cost to rent a home in El Paso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| El Paso 2 Bedroom Homes for Rent | $811 | $745 | $950 |
| El Paso 3 Bedroom Homes for Rent | $1,545 | $900 | $3,800 |
| El Paso 4 Bedroom Homes for Rent | $2,019 | $1,455 | $2,900 |
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El Paso, AR Local Guide
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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 $545. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cadron Commons | Studio | Studio,1BA | $545 |
| Stonewall Apartments | 1BR/1BH (POS) | 1BR,1BA | $550 |
| Oakwood Apartments | Renovated 1Bed, 1Bath Available! | 1BR,1BA | $610 |
Best Value Apartments for Rent in El Paso, AR and Nearby
As of December 29, 2025 the best value apartment in the El Paso area is the $0.48 price per square foot 2BD 2BA Model at 320-330 Griffith St in the in the Conway neighborhood starting from $1,200. The second greatest value El Paso apartment is the C1TH Model at German Oaks Townhomes starting at $1,290 with a $0.93 price per square foot in the Conway neighborhood. Here is today’s list of the best values for El Paso apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 320-330 Griffith St | 2BD 2BA | 2BR,2BA | $0.48 |
| German Oaks Townhomes | C1TH | 2BR,2BA | $0.93 |
| Home Towne At Conway | 2 Beds, 2 baths | 2BR,2BA | $0.72 |
| University Park Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $0.87 |
| Cottonwood | 2 Bedrooms | 2BR,1BA | $0.91 |
| The Grove on Brockington | 1 bed 1 bath | 1BR,1BA | $0.90 |
| The Luxe Apartments | 2bd upstairs | 2BR,1BA | $0.89 |
| The Cove at 300 | One Bedroom Renovated | 1BR,1BA | $0.98 |
| Oakwood Apartments | Renovated 1Bed, 1Bath Available! | 1BR,1BA | $0.98 |
| Stonewall Apartments | 1BR/1BH (POS) | 1BR,1BA | $0.95 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about El Paso
What type of rentals are currently available in El Paso?
There are currently 47 Apartments for Rent in El Paso, AR with pricing that ranges from $545 to $2,099. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Paso ranging from $525 to $3,800.
What is the current price range for Rental Homes in El Paso?
Today's rental pricing for Homes for Rent, Condos and Townhomes in El Paso ranges from $525 to $3,800 with an average monthly rent of $1,225.
How much are larger Three and Four Bedroom Rentals in El Paso?
For those who are looking for larger living arrangements, Three Bedroom Apartments in El Paso range from $725 to $2,099, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,455 and Four Bedroom Apartments start at $1,280.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!