
Cheap Homes for Rent in Downtown El Paso Neighborhood of El Paso, TX from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown El Paso area of El Paso.


700 Mundy Dr

1026 Myrtle Ave

1421 Wyoming Ave

916 St Vrain St

710 Noble St

615 Arizona Ave

119 S Lee St

1107 Myrtle Ave

1107 Myrtle Ave
Downtown El Paso, El Paso, TX Local Guide

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 | $1,145 | $750 | $1,500 |
Downtown El Paso 3 Bedroom Homes for Rent | $2,182 | $1,100 | $6,000 |
Downtown El Paso 4 Bedroom Homes for Rent | $1,700 | $1,300 | $2,100 |
Downtown El Paso 6 Bedroom Homes for Rent | $3,350 | $3,350 | $3,350 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 |
Best Value Apartments for Rent in Downtown El Paso, TX
As of July 15, 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 | $1.25 |
820 Prospect St | 820 Prospect St | 2BR,1BA | $1.46 |
418 Fewel St | 418 Fewel St | 2BR,1BA | $1.29 |
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
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Frequently Asked Questions about Downtown El Paso
What type of rentals are currently available in Downtown El Paso?
There are currently 433 Apartments for Rent in Downtown El Paso, TX with pricing that ranges from $495 to $2,750. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown El Paso ranging from $495 to $6,000.
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 $495 to $6,000 with an average monthly rent of $1,654.
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.