1005 Arizona Ave
El PasoTX79902
Cheap Homes for Rent in the Downtown El Paso Neighborhood of El Paso, TX from $400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown El Paso area of El Paso.
1009 N Florence St
El PasoTX79902
1005 Arizona Ave
El PasoTX79902
1030 Wyoming Ave
El PasoTX79902
1005 Arizona Ave
El PasoTX79902
1005 Arizona Ave
El PasoTX79902
close
View Me
$6401 Bedroom Apartments Available Now
212 W Rio Grande Ave, Unit 5
212 W Rio Grande AveEl Paso, TX 79902
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.
1104 Myrtle Ave
El PasoTX79901
1114 El Paso St
El PasoTX79902
1419 Wyoming Ave
El PasoTX79902
317 Park
El PasoTX79901
1909 Yandell Dr
El PasoTX79903
308 Hills St
El PasoTX79901
1908 Olive Ave
El PasoTX79901
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.
Showing Results 1-14, Page 1 of 1
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 | $1,356 | $795 | $1,800 |
| Downtown El Paso 3 Bedroom Homes for Rent | $1,799 | $1,295 | $2,150 |
| Downtown El Paso 5 Bedroom Homes for Rent | $2,925 | $2,850 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Downtown El Paso Neighborhood of El Paso, TX.
Explore 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 Studio unit found at Ramey Apartments priced from $725. 1707 N Stanton St has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| Ramey Apartments | Studio | Studio,1BA | $725 |
| 1707 N Stanton St | 1 Bed/1 Bath | 1BR,1BA | $750 |
| Magoffin Park Villas | Plan A1- Upgrade* | 1BR,1BA | $895 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
| Diplomat Apartments | 1 Bedroom | 1BR,1BA | $949 |
Best Value Apartments for Rent in Downtown El Paso, TX
As of July 09, 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 | 2 Bedroom | 2BR,1.5BA | $1.61 |
| 820 Prospect St | 820 Prospect St | 2BR,1BA | $1.29 |
| 1707 N Stanton St | 2 Bed/1 Bath | 2BR,1BA | $1.28 |
| 1014 N Virginia St, Unit 1 bd bath | 1014 N Virginia St | 1BR,1BA | $1.19 |
| Magoffin Park Villas | Plan A1- Upgrade* | 1BR,1BA | $1.38 |
| 1944 Arizona Ave | 1944 Arizona Ave | 1BR,1BA | $2.67 |
| Savoy Lofts | A1 | Studio ,1BA | $1.53 |
| Ramey Apartments | Studio | Studio ,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 Article
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 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.
Let everyone know!
Do you know the Downtown El Paso area?
If you’re an expert on all things Downtown El Paso, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 427 Apartments for Rent in Downtown El Paso, TX with pricing that ranges from $550 to $2,200. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown El Paso ranging from $450 to $3,000.
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 $450 to $3,000 with an average monthly rent of $1,525.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.