
Cheap Homes for Rent in Downtown El Paso Neighborhood of El Paso, TX from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown El Paso area of El Paso.


612 N Dallas St

219 W Rio Grande Ave

1909 Yandell Dr
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.

1308 Montana Ave

916 St Vrain St

1307 N Ochoa St

1910 N Stanton St
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.

617 Prospect St
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 | $1,550 | $950 | $2,000 |
| Downtown El Paso 3 Bedroom Homes for Rent | $1,631 | $1,150 | $1,895 |
| Downtown El Paso 4 Bedroom Homes for Rent | $2,150 | $1,650 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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. 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 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
Best Value Apartments for Rent in Downtown El Paso, TX
As of February 22, 2026 the best value apartment in the Downtown El Paso area is the $1.32 price per square foot C2 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 Plan B1- Upgrade* Model at Magoffin Park Villas starting at $1,255 with a $1.35 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. |
|---|---|---|---|
| The Townhomes at 1400 N. Kansas at River | C2 | 2BR,1.5BA | $1.32 |
| Magoffin Park Villas | Plan B1- Upgrade* | 2BR,2.5BA | $1.35 |
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.22 |
| Diplomat Apartments | 9 | 2BR,1.5BA | $1.81 |
| 1014 Brown St, Unit 1014 Brown St Unit A | 1014 Brown St | 2BR,1BA | $2.64 |
| 1707 N Stanton St | 1 Bed/1 Bath | 1BR,1BA | $1.15 |
| 1944 Arizona Ave | 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 | $1.45 |
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 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
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
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 428 Apartments for Rent in Downtown El Paso, TX with pricing that ranges from $550 to $2,750. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown El Paso ranging from $745 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 $745 to $2,500 with an average monthly rent of $1,439.
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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.