Cheap Apartments for Rent in El Paso, TX from $300 (320 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.

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.

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.

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.

El Paso's Best Affordable Neighborhoods

Learn about El Paso and the best places to live with original content written by Local Expert Lori Rosario

El Paso, TX Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in El Paso, TX

Pricing Updated: 05/01/2026

Current apartment rentals in the El Paso, TX area range in price from $595 to $6,000 with an overall median price of $2,652. The three El Paso neighborhoods with the lowest median rent pricing are El Paso High at $825, Virginia at $825, and Shawver Park at $850. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for El Paso Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
El Paso High$1,100$8256
Virginia$1,100$8254
Shawver Park$1,187$85010
Morningside Heights$1,250$6957
Marty Robbins South$1,337$1,2001
Chamizal$1,350$1,3501
Durazno$1,350$1,3501
Montana East$1,350$1,3501
Vista del Prado$1,450$1,0002
Tierra Rica$1,495$1,4502

Cheapest Available El Paso Apartments for Rent

 

The cheapest available apartment rental in El Paso, TX is a Studio unit found at Loma Apartments in the Five Points neighborhood priced from $450. Carousel Plaza Apartments in the Mission Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here is today’s list of the most affordable El Paso apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Loma ApartmentsStudioStudio,1BA$450
Carousel Plaza ApartmentsStudioStudio,1BA$595
Vista Sol El PasoStudioStudio,1BA$627
Hayes Court1 Bed 1 Bath1BR,1BA$650
Trinity Place Apartments1x1 Small1BR,1BA$665
4408 Sunrise1/11BR,1BA$695
Hacienda HeightsA12BR,1BA$699
La Cima ApartmentsStudioStudio,1BA$717
La Puerta Del Sol1 Bedroom 1 Bath1BR,1BA$724
Raintree VillageStudioStudio,1BA$725

Best Value Apartments for Rent in El Paso, TX

As of May 02, 2026 the best value apartment in the El Paso area is the $0.84 price per square foot B-549 Model at Belvidere Village Duplexes in the in the Coronado neighborhood starting from $1,799. The second greatest value El Paso apartment is the Townhome Model at Coronado Springs starting at $1,700 with a $0.89 price per square foot in the South Belvidere 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.
Belvidere Village DuplexesB-5493BR,2.5BA$0.84
Coronado SpringsTownhome3BR,2.5BA$0.89
Rubin Heights3 Bedroom 3 Bath3BR,3BA$0.89
Desert Breeze Apartments4 Bedroom 2.5 Bath Townhome4BR,2.5BA$0.84
Arrowhead Place4 Bedroom 3.5 Bath Townhome4BR,3.5BA$0.84
Arbor Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.80
Redd Rd Village ApartmentApartment 1 Bd 1 Ba 1 Reserved Parking1BR,1BA$0.79
Monterrey East & Vista Sierra Apartments2 Bedroom 1 Bath2BR,1BA$0.87
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
504 Cincinnati Ave, Unit Rear504 Cincinnati AveStudio ,0.5BA$0.88

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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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Where to Rent in El Paso: A Local's Guide to Apartments Near Major Universities

El Paso is affordable, friendly, and vibrant! Explore Downtown, Golden Hill, Mission Hills, and more to find your perfect apartment near campus.

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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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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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El Paso Overview

El Paso is perhaps the most well-known border town in the United States. Located on the Rio Grande, sandwiched between the southern tip of New Mexico and Mexico, the city combines with Ciudad Juarez and Las Cruces, New Mexico to form the Paso del Norte region. It is the largest bilingual workforce in the western hemisphere, and it contains more than 2.7 million people. El Paso apartments are always in hot demand as the city is the metropolitan center of a region spanning roughly 300 miles in every direction. It is known as the most peaceful and harmonious blending of cultures in the world.

Why live in El Paso, TX?

People who stay in El Paso do so for the low crime rate, cultural diversity, low cost of living, affordable health care and education and the strong sense of local pride. The University of Texas at El Paso (UTEP) is nationally famous for sports programs, medicine and engineering. It also plays host to the Sun Bowl, one of college football's largest and oldest bowls. Of course the food is amazing too. No city in the country offers better options for authentic, traditional Mexican food. Only an hour drive away from the chile capital of the world, restaurants like L & Js and Chopes will ruin you for Mexican food anywhere else.

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

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El Paso, TX Area Reviews

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  • Safety

Lori

May 4, 2025

El Paso has a family-friendly vibe, people are friendly, there are plenty of great things to do and see, and I've always felt safe in the different areas and neighborhoods I've been to.

Frequently Asked Questions about Cheap El Paso Apartments

What is the Cheapest Studio apartment in El Paso?

Currently the most affordable Cheap Studio Apartment in El Paso is at Loma Apartments listed at $450.

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

The lowest price for a Cheap One Bedroom El Paso Apartment is $540 at Loma 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 $699 at Hacienda Heights.

What is the most affordable El Paso Three Bedroom Apartment?

The best deal on a cheap El Paso Three Bedroom Apartment rental is at Tio Cooper and starts from $852.

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

decorative image for An El Paso, TX Local Expert's Guide to Affordable Neighborhoods for Renters article

An El Paso, TX Local Expert's Guide to Affordable Neighborhoods for Renters

Written by: Lori Rosario

El Paso has been inhabited for thousands of years and still has much to offer people of all ages and walks of life.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.