Cheap Apartments for Rent in El Paso, TX from $300 (267 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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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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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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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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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: 06/16/2026

Current apartment rentals in the El Paso, TX area range in price from $450 to $11,111 with an overall median price of $1,624. The three El Paso neighborhoods with the lowest median rent pricing are Las Sierras at $665, Mountain Hills at $665, and Mountain View North at $665. 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
Las Sierras$1,115$66541
Mountain Hills$1,115$66543
Mountain View North$1,115$66538
Mountain View South$1,115$66532
Sunrise Acres$1,115$66537
Sunrise Acres East$1,115$65051
Lancaster$1,193$65022
Segundo Barrio$1,226$45019
Parkland$1,248$67870
Park Foothills$1,250$66521

Cheapest Available El Paso Apartments for Rent

 

The cheapest available apartment rental in El Paso, TX is a 1 Bed unit found at Loma Apartments in the Five Points neighborhood priced from $540. Cielo Vista Apartments in the Cielo Vista 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 ApartmentsOne Bedroom Corner1BR,1BA$540
Cielo Vista ApartmentsStudioStudio,1BA$595
Arbor ApartmentsStudioStudio,1BA$618
Vista Sol El PasoStudioStudio,1BA$627
Hayes Court1 Bed 1 Bath1BR,1BA$650
1654 EXETER Dr1 Beds, 1 Baths1BR,1BA$650
Trinity Place Apartments1x1 Small1BR,1BA$665
2607-2609 Nations Ave1 Beds, 1 Baths1BR,1BA$685
3600 Keltner Ave1 Beds, 1 Baths1BR,1BA$695
8612 LAWSON St1 Beds, 1 Baths1BR,1BA$695

Best Value Apartments for Rent in El Paso, TX

As of June 16, 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 3 Bedroom 3 Bath Model at Rubin Heights starting at $1,450 with a $0.89 price per square foot in the Mission Hills 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
Rubin Heights3 Bedroom 3 Bath3BR,3BA$0.89
Desert Breeze Apartments4 Bedroom 2.5 Bath Townhome4BR,2.5BA$0.84
Western ReddTwo Bedroom2BR,1BA$0.83
Santa Rosa Apartment Homes1/1.001BR,1BA$0.89
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
Van Horne Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.92
Tio Cooper3 Bedroom 1 Bath3BR,1BA$0.90
El Pavon ApartmentsCasita2BR,1BA$0.94
Loma ApartmentsOne Bedroom Corner1BR,1BA$0.96

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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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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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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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!

Explore El Paso, TX Rentals by Map

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El Paso, TX Area Reviews

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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 a cheap apartment in El Paso?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in El Paso is under $695.

What is the price of a cheap apartment in El Paso?

The cheapest apartment in El Paso is Loma Apartments which is listed at $540, while the average apartment in El Paso costs $1,624.

What types of apartments are the cheapest in El Paso?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 957 regular apartments in El Paso that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in El Paso?

Cheap apartments in El Paso have an average cost of $566 which is $1,058 cheaper than the average rent for all rentals in El Paso.

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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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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.