
Cheap Apartments for Rent in the Austin Terrace Neighborhood of El Paso, TX from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Austin Terrace area of El Paso.


Loma Apartments

2866 Grant Ave

Santorini

2825 Grant

3909 Harrison Ave

Timberwolf Apartments
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.

2221 Bassett Ave

Luna Verde Apartments
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.

3800 Pierce Ave

Grandview Apartments
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
Austin Terrace, El Paso, TX Local Guide

How much does it cost to rent an apartment in Austin Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin Terrace Studio Apartments | $753 | $620 | $1,000 |
| Austin Terrace 1 Bedroom Apartments | $984 | $595 | $1,600 |
| Austin Terrace 2 Bedroom Apartments | $1,118 | $725 | $1,800 |
| Austin Terrace 3 Bedroom Apartments | $1,619 | $1,200 | $2,200 |
| Austin Terrace 4 Bedroom Apartments | $1,910 | $1,910 | $1,910 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Austin Terrace Neighborhood of El Paso, TX.
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Austin Terrace, El Paso, TX Local Guide
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Cheapest Available Austin Terrace Apartments for Rent
 The cheapest available apartment rental in the Austin Terrace area of El Paso, TX is a 2 Beds unit found at Mountain Heights Apartments priced from $462. Santorini has the second lowest priced unit, which is a 1 Bed apartment currently listed from $640. Here are the most affordable Austin Terrace apartments for rent in El Paso, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain Heights Apartments | 2 Bed 2.5 Bath | 2BR,2BA | $462 |
| Santorini | 1 Bedroom 1 Bath | 1BR,1BA | $640 |
| Loma Apartments | Middle 1 Bedroom | 1BR,1BA | $660 |
| The Arches Apartments | 2-1.5 | 2BR,1BA | $750 |
| Luna Verde Apartments | Studio | Studio,1BA | $770 |
| Ashton Parke | 1 Bedroom 1 Bath | 1BR,1BA | $800 |
| Grandview Apartments | 1 Bedroom | 1BR,1BA | $800 |
| The Solana Apartments | A | 1BR,1BA | $870 |
| Tremont Place Apartments | 2 bd 1 ba | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Austin Terrace, TX
As of January 05, 2026 the best value apartment in the Austin Terrace area is the $1.24 price per square foot 3 Bed 2 Bath Model at E Yandell in the in the Buena Vista neighborhood starting from $1,495. The second greatest value Austin Terrace apartment is the 2-1.5 Model at The Arches Apartments starting at $750 with a $0.69 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| E Yandell | 3 Bed 2 Bath | 3BR,2BA | $1.24 |
| The Arches Apartments | 2-1.5 | 2BR,1.5BA | $0.69 |
| Grandview Apartments | 3 Bedroom | 3BR,2BA | $1.25 |
| Tremont Place Apartments | 2 bd 1 ba | 2BR,1BA | $1.02 |
| Mountain Heights Apartments | 2 Bed 2.5 Bath | 2BR,2.5BA | $0.49 |
| The Solana Apartments | A | 1BR,1BA | $1.11 |
| Ashton Parke | 1 Bedroom 1 Bath | 1BR,1BA | $1.28 |
| Loma Apartments | Middle 1 Bedroom | 1BR,1BA | $1.16 |
| 3919 Lincoln Ave, Unit 2 | 3919 Lincoln Ave | 2BR,1BA | $1.45 |
| Santorini | 2 Bedroom 1 Bath | 2BR,1BA | $1.56 |
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.
Read ArticleDon'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.
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
What is the Cheapest Studio apartment in Austin Terrace?
Currently the most affordable Cheap Studio Apartment in Austin Terrace is at Luna Verde Apartments listed at $770.
How much is rent for a Cheap One Bedroom Austin Terrace Apartment?
The lowest price for a Cheap One Bedroom Austin Terrace Apartment is $640 at Santorini.
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 $462 at Mountain Heights 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

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.

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.

















