Cheap Apartments for Rent in the Downtown El Paso Neighborhood of El Paso, TX from $450 (47 Rentals)

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

property at 1526 Yandell Dr
$675 - $725
1 Bedroom Rentals
Available Now
Affordability

1526 Yandell Dr

El PasoTX79902

The El Paso You Won't Find in a Guidebook: A Local Insider's Look into Ol' El Paso

Ready to explore living in El Paso? From Borderlands to BBQ to hidden gems, our El Paso Local Insider's Guide is everything our local expert wants you to know about this wonderful Texas border town.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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D Lamar Apartments
1 Bedroom Apartments

D Lamar Apartments

717 Magoffin AveEl Paso, TX 79901
  • Utilities Included
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1108 Myrtle
1 Bedroom Apartments

1108 Myrtle

1108 Myrtle AveEl Paso, TX 79901
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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 to 2 Bedroom Apartments

1601 El Paso St

1601 El Paso StEl Paso, TX 79902
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The Pearl Apartments
1 to 2 Bedroom Apartments

The Pearl Apartments

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

Tres Vistas

1600 Arizona AveEl Paso, TX 79902
  • 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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610 Prospect
Studio to 4 Bedroom Apartments

610 Prospect

610 Prospect StEl Paso, TX 79902
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The Wallace Apartments
Studio to 3 Bedroom Apartments

The Wallace Apartments

1201 RandolphEl Paso, TX 79902
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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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N Virginia 809
Studio to 2 Bedroom Apartments

N Virginia 809

809 N VirginiaEl Paso, TX 79902
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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
Studio to 1 Bedroom Apartments

410 W Yandell

410 W Yandell DrEl Paso, TX 79902
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615 Arizona Ave
1 Bedroom Apartments

615 Arizona Ave

615 Arizona AveEl Paso, TX 79902
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1707 N Stanton St
Studio to 2 Bedroom Apartments

1707 N Stanton St

1707 N Stanton StEl Paso, TX 79902
Student Housing
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Wyoming Pearl
Studio to 2 Bedroom Apartments

Wyoming Pearl

917 Wyoming AveEl 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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property at 1908 Olive Ave
$750 - $799
1 Bedroom Rentals
Available Now
Affordability

1908 Olive Ave

El PasoTX79901
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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 2 Bedroom Apartments

412 W. Yandell Drive

412 W Yandell DrEl Paso, TX 79902
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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
Studio to 2 Bedroom Apartments

1012-1016 N Oregon St

1012-1016 N Oregon StEl Paso, TX 79902
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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1201 N St Vrain St
Studio to 2 Bedroom Apartments

1201 N St Vrain St

1201-1221 N St Vrain StEl Paso, TX 79902
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1217 N Mesa
Studio 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 1 Bed unit found at 1108 Myrtle priced from $580. N Virginia 809 has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Downtown El Paso apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
1108 Myrtle1BR/1.0BA1BR,1BA$580
N Virginia 8090BR/1.0BAStudio,1BA$725
Ramey ApartmentsStudioStudio,1BA$725
THE 501- Downtown livingA11BR,1BA$879
Savoy LoftsA1Studio,1BA$900
Diplomat Apartments1 Bedroom1BR,1BA$949
Magoffin Park VillasA11BR,1BA$985
La Mariposa Apartments2 Beds, 1 Baths2BR,1BA$1,100

Best Value Apartments for Rent in Downtown El Paso, TX

As of September 10, 2026 the best value apartment in the Downtown El Paso area is the $1.32 price per square foot B4 Model at The Townhomes at 1400 N. Kansas at River in the in the San Antonio neighborhood starting from $1,795. The second greatest value Downtown El Paso apartment is the 2 Beds, 1 Baths Model at La Mariposa Apartments starting at $1,100 with a $1.22 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 RiverB42BR,1.5BA$1.32
La Mariposa Apartments2 Beds, 1 Baths2BR,1BA$1.22
Diplomat Apartments1 Bedroom1BR,1BA$1.19
1014 N Virginia St, Unit 1 bd bath1014 N Virginia St1BR,1BA$1.19
Magoffin Park VillasA11BR,1BA$1.52
Savoy LoftsA1Studio ,1BA$1.53
Ramey ApartmentsStudioStudio ,1BA$1.45
THE 501- Downtown livingA11BR,1BA$1.86
N Virginia 8090BR/1.0BAStudio ,1BA$1.81
1108 Myrtle1BR/1.0BA1BR,1BA$1.71

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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

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!

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 $1,100.

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

The cheapest apartment in Downtown El Paso is 1108 Myrtle which is listed at $580, while the average apartment in Downtown El Paso costs $1,009.

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 5 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

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 Where to Rent in El Paso: A Locals Guide to Apartments Near Major Universities article

Where to Rent in El Paso: A Locals Guide to Apartments Near Major Universities

Written by: Lori Rosario

El Paso is a uniquely charming city with a rich culture and history.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.