912 Park St
El PasoTX79901
Cheap Apartments for Rent in the Downtown El Paso Neighborhood of El Paso, TX from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown El Paso area of El Paso.
1526 Yandell Dr
El PasoTX79902
1114 E Rio Grande Ave
El PasoTX79902
705 N St Vrain St
El PasoTX79902
1211 N Ochoa St
El PasoTX79902
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$650 - $750Studio to 2 Bedroom Apartments Available Now
Highlander Apartments
1700 Hawthorne StEl Paso, TX 79902
515 W Missouri Ave
El PasoTX79901
2221 Bassett Ave
El PasoTX79901
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.
1309 E Rio Grande Ave
El PasoTX79902
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$7002 Bedroom Apartments Available Now
310 Park St
310 Park StEl Paso, TX 79901
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$725 - $775Studio Apartments Available Now
Ramey Apartments
417 W Yandell DrEl Paso, TX 79902
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$810 - $1,4151 to 2 Bedroom Apartments Available Now
Magoffin Park Villas
900 Myrtle AveEl Paso, TX 79901
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$814 - $1,2671 to 3 Bedroom Apartments Available Now
THE 501- Downtown living
501 S Campbell StEl Paso, TX 79901
619 E Nevada Ave
El PasoTX79902
3117 Cypress Ave
El PasoTX79905
1026 Myrtle Ave
El PasoTX79901
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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$900 - $950Studio Apartments Available Now
Savoy Lofts
120 S Stanton StEl Paso, TX 79901
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1 Bedroom Apartments
D Lamar Apartments
717 Magoffin AveEl Paso, TX 79901
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2 to 5 Bedroom Apartments
Guillen Meadows
621 E 9th AveEl Paso, TX 79901
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Studio to 2 Bedroom Apartments
1601 El Paso St
1601 El Paso StEl Paso, TX 79902
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1 to 2 Bedroom Apartments
The Pearl Apartments
220 W Yandell DrEl Paso, TX 79902
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1 to 2 Bedroom Apartments
Tres Vistas
1600 Arizona AveEl Paso, TX 79902
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Studio to 4 Bedroom Apartments
610 Prospect
610 Prospect StEl Paso, TX 79902
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1 to 3 Bedroom Apartments
Cliff Terrace & On the Hill Apartments
1515 Circle DrEl Paso, TX 79902
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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Studio to 3 Bedroom Apartments
The Wallace Apartments
1201 RandolphEl Paso, TX 79902
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Studio to 1 Bedroom Apartments
Blue Flame Apartments
304 Texas AveEl Paso, TX 79901
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Studio to 2 Bedroom Apartments
Martin Lofts
217 N Stanton StEl Paso, TX 79901
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Studio to 1 Bedroom Apartments
410 W Yandell
410 W Yandell DrEl Paso, TX 79902
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1 to 2 Bedroom Apartments
1026 Myrtle Ave
1026 Myrtle AveEl Paso, TX 79901
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Studio to 2 Bedroom Apartments
Wyoming Pearl
917 Wyoming AveEl Paso, TX 79902
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Studio to 2 Bedroom Apartments
1707 N Stanton St
1707 N Stanton StEl Paso, TX 79902
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Studio to 2 Bedroom Apartments
1415 Brown St
1415 Brown StEl Paso, TX 79902
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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Studio to 2 Bedroom Apartments
412 W. Yandell Drive
412 W Yandell DrEl Paso, TX 79902
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1 Bedroom Apartments
1024 N Oregon St
1024 N Oregon StEl Paso, TX 79902
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Studio to 2 Bedroom Apartments
1012-1016 N Oregon St
1012-1016 N Oregon StEl Paso, TX 79902
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Studio to 2 Bedroom Apartments
1201 N St Vrain St
1201-1221 N St Vrain StEl Paso, TX 79902
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Studio to 2 Bedroom Apartments
1217 N Mesa
1217 N Mesa StEl Paso, TX 79902
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1 to 3 Bedroom Apartments
Franklin Avenue Apartments
617 W Franklin AveEl Paso, TX 79901
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Studio to 3 Bedroom Apartments
Sun Plaza Apartments
1221 E San Antonio AveEl Paso, TX 79901
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Studio to 2 Bedroom Apartments
Oregon Pearl
910 N Oregon StEl Paso, TX 79902
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.
Showing Results 1-40, Page 1 of 1
Downtown El Paso, El Paso, TX Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown El Paso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown El Paso Studio Apartments | $786 | $650 | $950 |
| Downtown El Paso 1 Bedroom Apartments | $902 | $550 | $1,525 |
| Downtown El Paso 2 Bedroom Apartments | $1,323 | $700 | $2,750 |
| Downtown El Paso 3 Bedroom Apartments | $1,438 | $1,189 | $2,045 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Downtown El Paso Neighborhood of El Paso, TX.
See all Apartments in El PasoExplore El Paso
Downtown El Paso, El Paso, TX Local Guide
- Nearby El Paso neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Highlander Apartments priced from $720. Ramey Apartments 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highlander Apartments | 1 Bedroom | 1BR,1BA | $720 |
| Ramey Apartments | Studio | Studio,1BA | $725 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
| Diplomat Apartments | 1 Bedroom | 1BR,1BA | $949 |
| THE 501- Downtown living | B4 | 2BR,1BA | $979 |
| Prospect Street Apartments | 1-1 Upstairs + Garage | 1BR,1BA | $1,000 |
| La Mariposa Apartments | 2 Beds, 1.5 Baths | 2BR,1BA | $1,100 |
| Magoffin Park Villas | Plan B1- Upgrade* | 2BR,2BA | $1,255 |
| Nuestra Senora | 2 Bed 2 Bath | 2BR,2BA | $1,311 |
Best Value Apartments for Rent in Downtown El Paso, TX
As of January 21, 2026 the best value apartment in the Downtown El Paso area is the $1.21 price per square foot C2 Model at The Townhomes at 1400 N. Kansas at River in the in the San Antonio neighborhood starting from $1,645. The second greatest value Downtown El Paso apartment is the 1-1 Upstairs + Garage Model at Prospect Street Apartments starting at $1,000 with a $0.92 price per square foot in the Sunset Heights neighborhood. Here is today’s list of the best values for Downtown El Paso apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townhomes at 1400 N. Kansas at River | C2 | 2BR,1.5BA | $1.21 |
| Prospect Street Apartments | 1-1 Upstairs + Garage | 1BR,1BA | $0.92 |
| Magoffin Park Villas | Plan B1- Upgrade* | 2BR,2.5BA | $1.35 |
| Nuestra Senora | 2 Bed 2 Bath | 2BR,2BA | $1.42 |
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.22 |
| Diplomat Apartments | 1 Bedroom | 1BR,1BA | $1.19 |
| THE 501- Downtown living | B4 | 2BR,1BA | $1.63 |
| Savoy Lofts | A1 | Studio ,1BA | $1.53 |
| Ramey Apartments | Studio | Studio ,1BA | $1.45 |
| Highlander Apartments | 1 Bedroom | 1BR,1BA | $1.45 |
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.
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.
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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 $1,311.
What is the price of a cheap apartment in Downtown El Paso?
The cheapest apartment in Downtown El Paso is Highlander Apartments which is listed at $720, while the average apartment in Downtown El Paso costs $1,260.
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
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.
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.
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.