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Cheap Homes for Rent in Downtown El Paso Neighborhood of El Paso, TX from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown El Paso area of El Paso.
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1309 Yandell Dr
El PasoTX79902
700 Mundy Dr
El PasoTX79902
1104 Myrtle Ave
El PasoTX79901
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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.
308 Hills St
El PasoTX79901
916 St Vrain St
El PasoTX79901
3031 Findley Ave
El PasoTX79905
1107 Myrtle Ave
El PasoTX79901
1107 Myrtle Ave
El PasoTX79901
605 Nino Aguilera St
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.
1910 N Stanton St
El PasoTX79902
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Downtown El Paso, El Paso, TX Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Downtown El Paso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown El Paso 2 Bedroom Homes for Rent | $1,575 | $800 | $2,300 |
| Downtown El Paso 3 Bedroom Homes for Rent | $1,624 | $1,000 | $1,995 |
| Downtown El Paso 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 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 |
| 1707 N Stanton St | 1 Bed/1 Bath | 1BR,1BA | $750 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
Best Value Apartments for Rent in Downtown El Paso, TX
As of January 03, 2026 the best value apartment in the Downtown El Paso area is the $0.92 price per square foot 1-1 Upstairs + Garage Model at Prospect Street Apartments in the in the Sunset Heights neighborhood starting from $1,000. The second greatest value Downtown El Paso apartment is the 1926 Arizona Ave Model at 1926 Arizona Ave, Unit 2 bedroom apartment starting at $1,050 with a $1.02 price per square foot in the Rio Grande 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. |
|---|---|---|---|
| Prospect Street Apartments | 1-1 Upstairs + Garage | 1BR,1BA | $0.92 |
| 1926 Arizona Ave, Unit 2 bedroom apartment | 1926 Arizona Ave | 2BR,1BA | $1.02 |
| Nuestra Senora | 2 Bed 2 Bath | 2BR,2BA | $1.42 |
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.22 |
| 1707 N Stanton St | 1 Bed/1 Bath | 1BR,1BA | $1.15 |
| 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.
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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.
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Best Local Schools in Downtown El Paso, El Paso, TX
School data provided by Great Schools
Frequently Asked Questions about Downtown El Paso
What type of rentals are currently available in Downtown El Paso?
There are currently 432 Apartments for Rent in Downtown El Paso, TX with pricing that ranges from $445 to $2,750. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown El Paso ranging from $547 to $2,500.
What is the current price range for Rental Homes in Downtown El Paso?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown El Paso ranges from $547 to $2,500 with an average monthly rent of $1,650.
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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.