
Cheap Apartments for Rent in the Downtown El Paso Neighborhood of El Paso, TX from $450 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown El Paso area of El Paso.


1009 N Florence St

2115 N Kansas St

1009 N Florence St

2115 N Kansas St

Highlander Apartments

1526 Yandell Dr, Unit 3

1526 Yandell Dr

1820 Montana Ave
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.

310 Park St

1526 Yandell Dr, Unit 1

3117 Cypress Ave

809 N Virginia St

Ramey Apartments

1526 Yandell Dr, Unit B

3210 E San Antonio Ave

Total Monthly Price
1014 N Virginia St, Unit 1 bd bath

1820 Montana Ave, Unit 17
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.

2315 Myrtle Ave, Unit D

D Lamar Apartments

1005 Arizona Ave

1108 Myrtle

Guillen Meadows

1601 El Paso St

1104 Myrtle

The Pearl Apartments

Tres Vistas
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

610 Prospect

Cliff Terrace & On the Hill Apartments

The Wallace Apartments

Blue Flame Apartments

N Virginia 809

Martin Lofts

410 W Yandell

615 Arizona Ave

1707 N Stanton St
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.

Wyoming Pearl

1026 Myrtle Ave

1908 Olive Ave

1415 Brown St

412 W. Yandell Drive

1024 N Oregon St

1909 Yandell Dr

601 E Father Rahm Ave

1012-1016 N Oregon St
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.

1201 N St Vrain St

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

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 | $876 | $650 | $1,400 |
| Downtown El Paso 1 Bedroom Apartments | $899 | $450 | $1,650 |
| Downtown El Paso 2 Bedroom Apartments | $1,350 | $700 | $1,950 |
| Downtown El Paso 3 Bedroom Apartments | $1,439 | $1,189 | $1,985 |
Browse Apartments in this Neighborhood
There are currently 47 rentals with your search options within a 2 mile radius of the Downtown El Paso Neighborhood of El Paso, TX.
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Downtown El Paso, El Paso, TX Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1108 Myrtle | 1BR/1.0BA | 1BR,1BA | $580 |
| N Virginia 809 | 0BR/1.0BA | Studio,1BA | $725 |
| Ramey Apartments | Studio | Studio,1BA | $725 |
| THE 501- Downtown living | A1 | 1BR,1BA | $879 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
| Diplomat Apartments | 1 Bedroom | 1BR,1BA | $949 |
| Magoffin Park Villas | A1 | 1BR,1BA | $985 |
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townhomes at 1400 N. Kansas at River | B4 | 2BR,1.5BA | $1.32 |
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.22 |
| Diplomat Apartments | 1 Bedroom | 1BR,1BA | $1.19 |
| 1014 N Virginia St, Unit 1 bd bath | 1014 N Virginia St | 1BR,1BA | $1.19 |
| Magoffin Park Villas | A1 | 1BR,1BA | $1.52 |
| Savoy Lofts | A1 | Studio ,1BA | $1.53 |
| Ramey Apartments | Studio | Studio ,1BA | $1.45 |
| THE 501- Downtown living | A1 | 1BR,1BA | $1.86 |
| N Virginia 809 | 0BR/1.0BA | Studio ,1BA | $1.81 |
| 1108 Myrtle | 1BR/1.0BA | 1BR,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.
Read ArticleDon'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 ArticleNavigating 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.
Read ArticleReal 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.
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.
Best Local Schools in Downtown El Paso, El Paso, TX
School data provided by Great Schools
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

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.

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.

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.

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.