
Cheap Apartments for Rent in the Downtown El Paso Neighborhood of El Paso, TX from $400 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown El Paso area of El Paso.


1305 Myrtle Ave

1030 Wyoming Ave

Highlander Apartments

1309 E Rio Grande Ave
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.

1820 Montana Ave

701 W Yandell Dr
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.
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
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.
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 | $721 | $495 | $900 |
Downtown El Paso 1 Bedroom Apartments | $958 | $550 | $1,525 |
Downtown El Paso 2 Bedroom Apartments | $1,254 | $715 | $2,750 |
Downtown El Paso 3 Bedroom Apartments | $1,192 | $1,100 | $1,330 |
Browse Apartments in this Neighborhood
There are currently 33 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ramey Apartments | Studio | Studio,1BA | $725 |
Oregon Pearl | Studio | Studio,1BA | $825 |
Savoy Lofts | A1 | Studio,1BA | $900 |
Magoffin Park Villas | Plan A1- Upgrade* | 1BR,1BA | $970 |
THE 501- Downtown living | 2 Bedroom | 2BR,1BA | $970 |
62 Squared Apartments | 2 Beds, 2.5 Baths | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Townhomes at 1400 N. Kansas at River | A1 | 2BR,1.5BA | $1.25 |
La Mariposa Apartments | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.00 |
62 Squared Apartments | 2 Beds, 2.5 Baths | 2BR,2.5BA | $1.30 |
820 Prospect St, Unit 1st Fl | 820 Prospect St | 2BR,1BA | $1.18 |
418 Fewel St | 418 Fewel St | 2BR,1BA | $1.18 |
Magoffin Park Villas | Plan A2- Upgrade* | 1BR,1BA | $1.52 |
1531 Mundy Dr, Unit 3 | 1531 Mundy Dr | 1BR,1BA | $0.95 |
THE 501- Downtown living | 2 Bedroom | 2BR,1BA | $1.57 |
Savoy Lofts | A1 | Studio ,1BA | $1.53 |
Ramey Apartments | Studio | Studio ,1BA | $1.45 |
Quick 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 #218
Among neighborhoods in El Paso, TX 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 $1,295.
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.

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.

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.

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.

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.