Cheap Apartments for Rent in the Austin Terrace Neighborhood of El Paso, TX from $400 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Austin Terrace area of El Paso.

property at 2866 Grant Ave

$595 - $750

Studio To 1 Bedroom Rentals

Available Now

2866 Grant Ave

El PasoTX79930

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The Arches Apartments
$694 - $794
Total Monthly Price

Total Monthly Price

Base Rent
$565 - $665
Required Monthly Fees
$129

Total Monthly Price
$694 - $794
1 to 2 Bedroom Apartments Available Feb 26

The Arches Apartments

3600 Johnson AveEl Paso, TX 79930
Cost Per Sq.Ft.
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Elm Apartments
1 Bedroom Apartments

Elm Apartments

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

2401 Montana Apt #2

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

Sherman North

4531 Blanco AveEl Paso, TX 79905
  • Utilities Included
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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
  • Utilities Included
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Mountain Shadow
1 to 3 Bedroom Apartments

Mountain Shadow

2500-2624 Morehead AveEl Paso, TX 79930
  • Utilities Included

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

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Los Arcos
1 to 2 Bedroom Apartments

Los Arcos

4600 Alabama StEl Paso, TX 79930
  • Utilities Included

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 Santorini priced from $640. Loma Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here are the most affordable Austin Terrace apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Santorini1 Bedroom 1 Bath1BR,1BA$640
Loma ApartmentsMiddle 1 Bedroom1BR,1BA$660
Luna Verde ApartmentsStudioStudio,1BA$770
Ashton Parke1 Bedroom 1 Bath1BR,1BA$800
Grandview Apartments1 Bedroom1BR,1BA$800
Timberwolf ApartmentsA2-S1BR,1BA$830
Tremont Place Apartments2 bd 1 ba2BR,1BA$999

Best Value Apartments for Rent in Austin Terrace, TX

As of February 20, 2026 the best value apartment in the Austin Terrace area is the $1.23 price per square foot Townhome A Model at Townhomes on Secondwood in the in the Buena Vista neighborhood starting from $1,600. The second greatest value Austin Terrace apartment is the 3 Bedroom Model at Grandview Apartments starting at $1,350 with a $1.25 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.
Townhomes on SecondwoodTownhome A3BR,2.5BA$1.23
Grandview Apartments3 Bedroom3BR,2BA$1.25
Tremont Place Apartments2 bd 1 ba2BR,1BA$1.02
Timberwolf ApartmentsA2-S1BR,1BA$1.05
INDEPENDENCE PLACE EL PASO1x11BR,1BA$2.39
Ashton Parke1 Bedroom 1 Bath1BR,1BA$1.28
Loma ApartmentsMiddle 1 Bedroom1BR,1BA$1.16
3919 Lincoln Ave, Unit 23919 Lincoln Ave2BR,1BA$1.45
Santorini2 Bedroom 1 Bath2BR,1BA$1.56
Luna Verde ApartmentsStudioStudio ,1BA$1.71

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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 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

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 $775 at Santorini.

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

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.