Cheap Apartments for Rent in the Festival Hills Neighborhood of El Paso, TX from $500 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Festival Hills area of El Paso.

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.

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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.

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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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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.

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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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Festival Hills, El Paso, TX Local Guide

Cheapest Available Festival Hills Apartments for Rent

 

The cheapest available apartment rental in the Festival Hills area of El Paso, TX is a Studio unit found at Carousel Plaza Apartments priced from $595. Vista Sol El Paso has the second lowest priced unit, which is a Studio apartment currently listed from $627. Here are the most affordable Festival Hills apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Carousel Plaza ApartmentsStudioStudio,1BA$595
Vista Sol El PasoStudioStudio,1BA$627
Trio ApartmentsStudio,Kitchen,Utilities,1BathStudio,1BA$760
Wallington Plaza Apartment Homes1X11BR,1BA$780
Paso Oeste Apartments2 Bedroom 1 Bath2BR,1BA$780
The Preserve at Mesa HillsThe Hot Springs1BR,1BA$795
Vista Ventana Apartments2-12BR,1BA$825
Kings Hill ApartmentsOne Bedroom1BR,1BA$845
Suncrest Apartments1 Bedroom1BR,1BA$852
El Dorado Apartments2 Bedroom2BR,1BA$875

Best Value Apartments for Rent in Festival Hills, TX

As of April 19, 2026 the best value apartment in the Festival Hills area is the $1.08 price per square foot Building A Unit 5 Model at Luxx Verge Villas in the in the Mission Hills neighborhood starting from $1,999. The second greatest value Festival Hills apartment is the Plan B Model at Coronado Springs starting at $1,450 with a $1.04 price per square foot in the South Belvidere neighborhood. Here is today’s list of the best values for Festival Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Luxx Verge VillasBuilding A Unit 53BR,3BA$1.08
Coronado SpringsPlan B3BR,2BA$1.04
Copper Commons3BD/2BA3BR,2BA$1.10
Overlook Apartments2x2 TH W/D2BR,1.5BA$1.14
Alto Mesa Apartments2 Bedroom Flat2BR,1BA$1.14
Seville West Apartments2BD/1BA2BR,1BA$0.97
El Dorado Apartments2 Bedroom2BR,1BA$0.94
Kings Hill ApartmentsOne Bedroom1BR,1BA$1.06
The Solana ApartmentsA1BR,1BA$1.15
Paso Oeste Apartments1 Bedroom 1 Bath1BR,1BA$1.13

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.

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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.

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The 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.

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Cash 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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Quick 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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Pet Friendly Lifestyle
Festival Hills, El Paso, TX

Ranked #3

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Texas and customized analysis for West Central El Paso. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Festival Hills Apartments

What is the Cheapest Studio apartment in Festival Hills?

Currently the most affordable Cheap Studio Apartment in Festival Hills is at Carousel Plaza Apartments listed at $595.

How much is rent for a Cheap One Bedroom Festival Hills Apartment?

The lowest price for a Cheap One Bedroom Festival Hills Apartment is $780 at Wallington Plaza Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Festival Hills Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Festival Hills is starting from $780 at Paso Oeste Apartments.

What is the most affordable Festival Hills Three Bedroom Apartment?

The best deal on a cheap Festival Hills Three Bedroom Apartment rental is at Paso Oeste Apartments and starts from $1,200.

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

decorative image for An El Paso, TX Local Expert's Guide to Affordable Neighborhoods for Renters article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.