Cheap Apartments for Rent in the Austin Terrace Neighborhood of El Paso, TX from $400 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Austin Terrace area of 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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Elm Apartments
1 Bedroom Apartments

Elm Apartments

1019 Elm StEl Paso, TX 79903
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2401 Montana Apt #2
2 Bedroom Apartments

2401 Montana Apt #2

2401 Montana AveEl Paso, TX 79903
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Sherman North
1 to 4 Bedroom Apartments

Sherman North

4531 Blanco AveEl Paso, TX 79905
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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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Rio Grande
2 to 4 Bedroom Apartments

Rio Grande

212 Lisbon StEl Paso, TX 79905
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2501-2515 Morehead Ave
1 to 3 Bedroom Apartments

2501-2515 Morehead Ave

2501-2515 Morehead AveEl Paso, TX 79930
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Mountain Shadow
1 to 3 Bedroom Apartments

Mountain Shadow

2500-2624 Morehead AveEl Paso, TX 79930
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Los Arcos
1 to 2 Bedroom Apartments

Los Arcos

4600 Alabama StEl Paso, TX 79930
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property at 6400 Edgemere Blvd

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Condo for Rent

Available Now

6400 Edgemere Blvd, Unit 23, Unit 23

6400 Edgemere Blvd
El PasoTX79925

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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3300 Hayes
1 to 2 Bedroom Apartments

3300 Hayes

3300 Johnson AveEl Paso, TX 79930
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2600 Morehead Ave
1 to 2 Bedroom Apartments

2600 Morehead Ave

2600 Morehead AveEl Paso, TX 79930
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Lincoln Apartments
2 Bedroom Apartments

Lincoln Apartments

3301 Lincoln AveEl Paso, TX 79930
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Tays North
1 to 4 Bedroom Apartments

Tays North

2114 Magoffin AveEl Paso, TX 79901

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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Austin Terrace, El Paso, TX Local Guide

Cheapest Available Austin Terrace Apartments for Rent

 

The cheapest available apartment rental in the Austin Terrace area of El Paso, TX is a 1 Bed unit found at Loma Apartments priced from $540. 3300 Hayes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. Here are the most affordable Austin Terrace apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Loma ApartmentsOne Bedroom Corner1BR,1BA$540
3300 Hayes1/11BR,1BA$820
Luna Verde Apartments1 x 11BR,1BA$870
The Solana ApartmentsA1BR,1BA$900
Ashton Parke1 Bedroom 1 Bath1BR,1BA$967
Tremont Place Apartments2 bd 1 ba2BR,1BA$999
Grandview Apartments2 Bedroom2BR,1BA$1,150

Best Value Apartments for Rent in Austin Terrace, TX

As of May 21, 2026 the best value apartment in the Austin Terrace area is the $1.02 price per square foot 2 bd 1 ba Model at Tremont Place Apartments in the in the Mission Hills neighborhood starting from $999. The second greatest value Austin Terrace apartment is the 2 Bedroom Model at Grandview Apartments starting at $1,150 with a $1.42 price per square foot in the Pershing Government Hill neighborhood. Here is today’s list of the best values for Austin Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tremont Place Apartments2 bd 1 ba2BR,1BA$1.02
Grandview Apartments2 Bedroom2BR,1BA$1.42
The Solana ApartmentsA1BR,1BA$1.15
3300 Hayes1/11BR,1BA$1.09
Loma ApartmentsOne Bedroom Corner1BR,1BA$0.81
INDEPENDENCE PLACE EL PASO1x11BR,1BA$2.19
Ashton Parke1 Bedroom 1 Bath1BR,1BA$1.55
Luna Verde Apartments1 x 11BR,1BA$1.43
4021 Fillmore Ave4021 Fillmore Ave1BR,1BA$2.81
1111 N Stevens St1111 N Stevens St1BR,1BA$3.22

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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Lifestyle Ratings

Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Austin Terrace, El Paso, and the greater El Paso area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Austin Terrace Apartments

How much is rent for a Cheap One Bedroom Austin Terrace Apartment?

The lowest price for a Cheap One Bedroom Austin Terrace Apartment is $540 at Loma Apartments.

What is the lowest price for a Cheap Two Bedroom Austin Terrace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Austin Terrace is starting from $963 at Luna Verde Apartments.

What is the most affordable Austin Terrace Three Bedroom Apartment?

The best deal on a cheap Austin Terrace Three Bedroom Apartment rental is at Tremont Place Apartments and starts from $1,200.

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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

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.