Cheap Apartments for Rent in the Downtown El Paso Neighborhood of El Paso, TX from $400 (33 Rentals)

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

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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917 Wyoming Ave
1 Bedroom Apartments

917 Wyoming Ave

917 Wyoming AveEl Paso, TX 79902
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D Lamar Apartments
1 Bedroom Apartments

D Lamar Apartments

717 Magoffin AveEl Paso, TX 79901
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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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Guillen Meadows
2 to 5 Bedroom Apartments

Guillen Meadows

621 E 9th AveEl Paso, TX 79901
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1601 El Paso St
Studio Apartments

1601 El Paso St

1601 El Paso StEl Paso, TX 79902
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Tays North
1 Bedroom Apartments

Tays North

2114 Magoffin AveEl Paso, TX 79901
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The Pearl Apartments
1 to 2 Bedroom Apartments

The Pearl Apartments

220 W Yandell DrEl Paso, TX 79902
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Tres Vistas
1 to 2 Bedroom Apartments

Tres Vistas

1600 Arizona AveEl Paso, TX 79902
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610 Prospect
Studio Apartments

610 Prospect

610 Prospect StEl Paso, TX 79902
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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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Blue Flame Apartments
Studio to 1 Bedroom Apartments

Blue Flame Apartments

304 Texas AveEl Paso, TX 79901
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Martin Lofts
Studio to 2 Bedroom Apartments

Martin Lofts

217 N Stanton StEl Paso, TX 79901
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410 W Yandell
1 Bedroom Apartments

410 W Yandell

410 W Yandell DrEl Paso, TX 79902
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1026 Myrtle Ave
1 to 2 Bedroom Apartments

1026 Myrtle Ave

1026 Myrtle AveEl Paso, TX 79901
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1415 Brown St
Studio to 2 Bedroom Apartments

1415 Brown St

1415 Brown StEl Paso, TX 79902
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412 W. Yandell Drive
Studio to 1 Bedroom Apartments

412 W. Yandell Drive

412 W Yandell DrEl Paso, TX 79902
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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1024 N Oregon St
1 Bedroom Apartments

1024 N Oregon St

1024 N Oregon StEl Paso, TX 79902
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1012-1016 N Oregon St
1 Bedroom Apartments

1012-1016 N Oregon St

1012-1016 N Oregon StEl Paso, TX 79902
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1201 N St Vrain St
1 Bedroom Apartments

1201 N St Vrain St

1201-1221 N St Vrain StEl Paso, TX 79902
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1217 N Mesa
1 to 2 Bedroom Apartments

1217 N Mesa

1217 N Mesa StEl Paso, TX 79902
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Downtown El Paso, El Paso, TX Local Guide

Cheapest Available Downtown El Paso Apartments for Rent

 

The cheapest available apartment rental in the Downtown El Paso area of El Paso, TX is a Studio unit found at Ramey Apartments priced from $725. Oregon Pearl has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Downtown El Paso apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Ramey ApartmentsStudioStudio,1BA$725
Oregon PearlStudioStudio,1BA$825
Savoy LoftsA1Studio,1BA$900
Magoffin Park VillasPlan A1- Upgrade*1BR,1BA$970
THE 501- Downtown living2 Bedroom2BR,1BA$970
62 Squared Apartments2 Beds, 2.5 Baths2BR,2BA$1,295

Best Value Apartments for Rent in Downtown El Paso, TX

As of June 24, 2025 the best value apartment in the Downtown El Paso area is the $1.25 price per square foot A1 Model at The Townhomes at 1400 N. Kansas at River in the in the San Antonio neighborhood starting from $1,695. The second greatest value Downtown El Paso apartment is the 2 Beds, 1.5 Baths Model at La Mariposa Apartments starting at $1,200 with a $1.00 price per square foot in the San Antonio neighborhood. Here is today’s list of the best values for Downtown El Paso apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhomes at 1400 N. Kansas at RiverA12BR,1.5BA$1.25
La Mariposa Apartments2 Beds, 1.5 Baths2BR,1.5BA$1.00
62 Squared Apartments2 Beds, 2.5 Baths2BR,2.5BA$1.30
820 Prospect St, Unit 1st Fl820 Prospect St2BR,1BA$1.18
418 Fewel St418 Fewel St2BR,1BA$1.18
Magoffin Park VillasPlan A2- Upgrade*1BR,1BA$1.52
1531 Mundy Dr, Unit 31531 Mundy Dr1BR,1BA$0.95
THE 501- Downtown living2 Bedroom2BR,1BA$1.57
Savoy LoftsA1Studio ,1BA$1.53
Ramey ApartmentsStudioStudio ,1BA$1.45

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
Downtown El Paso, El Paso, TX

Ranked #218

Among neighborhoods in El Paso, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Downtown El Paso, El Paso, and the greater El Paso area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Downtown El Paso Neighborhood in El Paso, TX

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Transit Score®

54 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Downtown El Paso Apartments

What is a cheap apartment in Downtown El Paso?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown El Paso is under $1,295.

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

The cheapest apartment in Downtown El Paso is Oregon Pearl which is listed at $925, while the average apartment in Downtown El Paso costs $1,170.

What types of apartments are the cheapest in Downtown 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 3 regular apartments in Downtown El Paso that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.