5233 Carousel Dr
El PasoTX79912
Cheap Homes for Rent in Festival Hills Neighborhood of El Paso, TX from $800 (3 Rentals)
Search the lowest-cost Homes 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.
304 Carnival Dr
El PasoTX79912
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.
5501 N Stanton St
El PasoTX79912
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Festival Hills, El Paso, TX Local Guide
How much does it cost to rent a home in Festival Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Festival Hills 2 Bedroom Homes for Rent | $895 | $895 | $895 |
| Festival Hills 3 Bedroom Homes for Rent | $2,683 | $1,899 | $3,500 |
| Festival Hills 4 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Festival Hills Neighborhood of El Paso, TX.
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Festival Hills, El Paso, TX Local Guide
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Best Value Apartments for Rent in Festival Hills, TX
As of April 16, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Luxx Verge Villas | Building A Unit 5 | 3BR,3BA | $1.08 |
| Coronado Springs | Plan B | 3BR,2BA | $1.04 |
| Overlook Apartments | 2x2 TH W/D | 2BR,1.5BA | $1.14 |
| Alto Mesa Apartments | 2 Bedroom Flat | 2BR,1BA | $1.14 |
| Seville West Apartments | 2BD/1BA | 2BR,1BA | $0.97 |
| Kings Hill Apartments | Two Bedroom Upstairs | 2BR,1BA | $0.99 |
| El Dorado Apartments | 2 Bedroom | 2BR,1BA | $0.94 |
| Villa De Leon Apartments | 2 Bedroom 1 Bath Renovated Unit | 2BR,1BA | $1.15 |
| The Solana Apartments | A | 1BR,1BA | $1.15 |
| Paso Oeste Apartments | 1 Bedroom 1 Bath | 1BR,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.
Read Article
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
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.
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.
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Pet Friendly LifestyleFestival Hills, El Paso, TX
Ranked #3
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Festival Hills
What type of rentals are currently available in Festival Hills?
There are currently 79 Apartments for Rent in Festival Hills, TX with pricing that ranges from $595 to $3,125. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Festival Hills ranging from $895 to $3,500.
What is the current price range for Rental Homes in Festival Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Festival Hills ranges from $895 to $3,500 with an average monthly rent of $1,809.
How much are larger Three and Four Bedroom Rentals in Festival Hills?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Festival Hills range from $1,125 to $3,125, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,899 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,961.
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.
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.
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.