Cheap Apartments for Rent in the Austin Terrace Neighborhood of El Paso, TX from $400 (29 Rentals)

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

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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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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
  • Utilities Included

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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Sherman North
1 to 4 Bedroom Apartments

Sherman North

4531 Blanco AveEl Paso, TX 79905
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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
  • 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

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 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 ListingModel NameBed/BathPriced From
Mountain Heights Apartments2 Bed 2.5 Bath2BR,2BA$462
Santorini1 Bedroom 1 Bath1BR,1BA$640
Loma ApartmentsMiddle 1 Bedroom1BR,1BA$660
The Arches Apartments2-1.52BR,1BA$750
Luna Verde ApartmentsStudioStudio,1BA$770
Ashton Parke1 Bedroom 1 Bath1BR,1BA$800
Grandview Apartments1 Bedroom1BR,1BA$800
The Solana ApartmentsA1BR,1BA$870
Tremont Place Apartments2 bd 1 ba2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
E Yandell3 Bed 2 Bath3BR,2BA$1.24
The Arches Apartments2-1.52BR,1.5BA$0.69
Grandview Apartments3 Bedroom3BR,2BA$1.25
Tremont Place Apartments2 bd 1 ba2BR,1BA$1.02
Mountain Heights Apartments2 Bed 2.5 Bath2BR,2.5BA$0.49
The Solana ApartmentsA1BR,1BA$1.11
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

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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Quick 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.

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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 $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

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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 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.

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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.

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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.