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$4501 Bedroom Apartments Available Now
119 W Nevada Ave, Unit 213
119 W Nevada AveEl Paso, TX 79902
Cheap Apartments for Rent in the Downtown El Paso Neighborhood of El Paso, TX from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown El Paso area of El Paso.
1300 N Oregon St
El PasoTX79902
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$5501 Bedroom Apartments Available May 7
Prospect Street Apartments
620 Prospect StEl Paso, TX 79902
1114 N El Paso St
El PasoTX79902
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$650 - $750Studio to 2 Bedroom Apartments Contact Us For Availability
Highlander Apartments
1700 Hawthorne StEl Paso, TX 79902
1211 N Ochoa St
El PasoTX79902
1309 E Rio Grande Ave
El PasoTX79902
3117 Cypress Ave
El PasoTX79905
2221 Bassett Ave
El PasoTX79901
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1210 N Florence St
El PasoTX79902
219 W Rio Grande Ave
El PasoTX79902
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$750Studio Apartments Available Now
Ramey Apartments
417 W Yandell DrEl Paso, TX 79902
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$750 - $8501 to 2 Bedroom Apartments Available Now
1707 N Stanton St
1707 N Stanton StEl Paso, TX 79902
1906 Yandell Dr
El PasoTX79903
1307 E Nevada Ave, Unit Unit B, Unit Unit B
1307 E Nevada Ave
El PasoTX79902
511 E Nevada Ave
El PasoTX79902
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$814 - $1,2671 to 3 Bedroom Apartments Available Now
THE 501- Downtown living
501 S Campbell StEl Paso, TX 79901
615 Arizona Ave
El PasoTX79902
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.
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$8751 Bedroom Apartments Available May 1
1127 N El Paso St, Unit 5
1127 N El Paso StEl Paso, TX 79902
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$895 - $1,4601 to 2 Bedroom Apartments Available Now
Magoffin Park Villas
900 Myrtle AveEl Paso, TX 79901
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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
1114 El Paso St
El PasoTX79902
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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
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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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
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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
1415 Brown St
1415 Brown StEl 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.
317 Park
El PasoTX79901
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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
1909 Yandell Dr
El PasoTX79903
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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
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
Oregon Pearl
910 N Oregon StEl Paso, TX 79902
1419 Wyoming Ave
El PasoTX79902
Showing Results 1-47, 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 | $860 | $650 | $1,350 |
| Downtown El Paso 1 Bedroom Apartments | $872 | $450 | $1,525 |
| Downtown El Paso 2 Bedroom Apartments | $1,391 | $750 | $2,550 |
| Downtown El Paso 3 Bedroom Apartments | $1,534 | $1,189 | $2,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.
See all Apartments in El PasoExplore El Paso
Downtown El Paso, El Paso, TX Local Guide
- Nearby El Paso neighborhoods
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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 $750. Savoy Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $900. 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 | $750 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
| Diplomat Apartments | 1 Bedroom | 1BR,1BA | $949 |
| THE 501- Downtown living | B6 | 2BR,1BA | $979 |
| Magoffin Park Villas | Plan B1- Upgrade* | 2BR,2BA | $1,065 |
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Downtown El Paso, TX
As of April 24, 2026 the best value apartment in the Downtown El Paso area is the $1.22 price per square foot 2 Beds, 1 Baths Model at La Mariposa Apartments in the in the San Antonio neighborhood starting from $1,100. The second greatest value Downtown El Paso apartment is the 2 Bedroom Model at Diplomat Apartments starting at $1,450 with a $1.61 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. |
|---|---|---|---|
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.22 |
| Diplomat Apartments | 2 Bedroom | 2BR,1.5BA | $1.61 |
| Magoffin Park Villas | Plan B1 | 2BR,2.5BA | $1.57 |
| THE 501- Downtown living | B5 | 2BR,1BA | $1.60 |
| 1944 Arizona Ave | 1944 Arizona Ave | 1BR,1BA | $2.54 |
| Savoy Lofts | A1 | Studio ,1BA | $1.53 |
| Ramey Apartments | Studio | Studio ,1BA | $1.50 |
| 1014 Brown St | 1014 Brown St | Studio ,1BA | $3.31 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 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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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 Diplomat Apartments which is listed at $949, while the average apartment in Downtown El Paso costs $1,348.
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.