
Cheap Apartments for Rent in the Downtown El Paso Neighborhood of El Paso, TX from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown El Paso area of El Paso.


1114 N El Paso St

1030 Wyoming Ave

1114 E Rio Grande Ave

1526 Yandell Dr

912 Park St

Highlander Apartments
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2221 Bassett Ave

1309 E Rio Grande Ave

Wyoming Pearl

601 E Father Rahm Ave

THE 501- Downtown living

3117 Cypress Ave
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1909 Yandell Dr

619 E Nevada Ave

1021 Myrtle Ave
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El Paso's Best Affordable Neighborhoods
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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 | $802 | $650 | $900 |
| Downtown El Paso 1 Bedroom Apartments | $873 | $550 | $1,525 |
| Downtown El Paso 2 Bedroom Apartments | $1,172 | $650 | $2,750 |
| Downtown El Paso 3 Bedroom Apartments | $1,250 | $1,189 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 42 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 $750. 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 | $750 |
| Wyoming Pearl | 1 Bedroom 1 Bathroom | 1BR,1BA | $750 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
| THE 501- Downtown living | B6 | 2BR,1BA | $979 |
| La Mariposa Apartments | 2 Beds, 1.5 Baths | 2BR,1BA | $1,200 |
| Nuestra Senora | 2 Bed 2 Bath | 2BR,2BA | $1,311 |
| The Townhomes at 1400 N. Kansas at River | A1 | 2BR,1BA | $1,695 |
Best Value Apartments for Rent in Downtown El Paso, TX
As of November 30, 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 Bed 2 Bath Model at Nuestra Senora starting at $1,311 with a $1.42 price per square foot in the Segundo Barrio 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 | A1 | 2BR,1.5BA | $1.25 |
| Nuestra Senora | 2 Bed 2 Bath | 2BR,2BA | $1.42 |
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.33 |
| 504 Cincinnati Ave, Unit Rear | 504 Cincinnati Ave | Studio ,0.5BA | $0.88 |
| 1944 Arizona Ave, Unit 1944 Arizona Ave Unit 1 | 1944 Arizona Ave | 1BR,1BA | $2.54 |
| THE 501- Downtown living | B4 | 2BR,1BA | $1.63 |
| Savoy Lofts | A1 | Studio ,1BA | $1.53 |
| Ramey Apartments | Studio | Studio ,1BA | $1.50 |
| 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.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
Pet Friendly LifestyleDowntown El Paso, El Paso, TX
Ranked #172
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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!
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,695.
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 $1,226.
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.

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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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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

























