Cheap Homes for Rent near El Paso, IL from $700 (8 Rentals)

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Search the lowest-cost Homes 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.

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.

El Paso, IL Local Guide

Cheapest Available El Paso Apartments for Rent and Nearby

 

The cheapest available apartment rental in El Paso, IL is a 1 Bed unit found at Class Act Realty in the Downtown Normal neighborhood priced from $820. Cortez Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable El Paso apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Class Act Realty1 Bedroom1BR,1BA$820
Cortez ApartmentsUnfurnished1BR,1BA$825
CollegePlace Uptown2BR/1BA2BR,1BA$845

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

As of July 22, 2026 the best value apartment in the El Paso area is the $1.23 price per square foot Three Bedroom/Two Bath Model at Wingover Luxury Apartments and Townhomes in the starting from $1,600. The second greatest value El Paso apartment is the 2BR/ 1BA Model at East Douglas Apartments starting at $900 with a $0.75 price per square foot in the Downtown Bloomington 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.
Wingover Luxury Apartments and TownhomesThree Bedroom/Two Bath3BR,2BA$1.23
East Douglas Apartments2BR/ 1BA2BR,1BA$0.75
3 Stortz DriveAll units2BR,2BA$1.08
Harvest View2 Bed / 2 Bath | Upper Level2BR,2BA$1.19
701 FranklinApt 54BR,1BA$0.45
Ekstam Apartments2 Beds 2 Bath2BR,2BA$1.14
Traditions BloomingtonTwo Bedroom - Market2BR,2BA$1.18
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.79
Arbors at EastlandThe Cypress2BR,1BA$1.09
The Social NormalThe Redbird Corner Renovated2BR,2BA$1.03

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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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, IL with pricing that ranges from $659 to $4,523. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Paso ranging from $700 to $3,500.

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 $700 to $3,500 with an average monthly rent of $1,759.

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 $798 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $659.

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.

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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.