Cheap Apartments for Rent in the Festival Neighborhood of El Paso, TX from $500 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
Medano Heights
1 to 4 Bedroom Apartments

Medano Heights

7801 Medano DrEl Paso, TX 79912
  • Utilities Included

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.

Festival, El Paso, TX Local Guide

Cheapest Available Festival Apartments for Rent

 

The cheapest available apartment rental in the Festival area of El Paso, TX is a Studio unit found at Pear Tree Apartments priced from $806. Indian Springs Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $808. Here are the most affordable Festival apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Pear Tree ApartmentsStudio, 1 Bath (80% Income Restricted)Studio,1BA$806
Indian Springs ApartmentsA11BR,1BA$808
Redd Rd Village ApartmentApartment 1 Bd 1 Ba 2 Reserved Parking1BR,1BA$875

Best Value Apartments for Rent in Festival, TX

As of June 18, 2025 the best value apartment in the Festival area is the $1.01 price per square foot Plan B Model at Coronado Springs in the in the Coronado neighborhood starting from $1,399. The second greatest value Festival apartment is the 3 Bed 2 Bath Model at Villas at West Mountain starting at $1,114 with a $0.96 price per square foot in the Coronado neighborhood. Here is today’s list of the best values for Festival apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coronado SpringsPlan B3BR,2BA$1.01
Villas at West Mountain3 Bed 2 Bath3BR,2BA$0.96
Villas at Helen of Troy3x23BR,2BA$1.47
Moderno Village Apartments and Town HomesApartment 2 Bd 2 Ba, 2 Reserved Parking2BR,2BA$1.43
Desert Commons WestA3- Rio1BR,1BA$2.16
Mountain Village1 BED / 1 BATH1BR,1BA$1.36
Arterra At Alto Rey Apartments1BR/1BA1BR,1BA$1.47
Redd Rd Village ApartmentApartment 1 Bd 1 Ba 2 Reserved Parking1BR,1BA$1.40
Indian Springs ApartmentsA11BR,1BA$1.52
Pear Tree ApartmentsStudio, 1 Bath (80% Income Restricted)Studio ,1BA$1.64

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Festival, El Paso, TX

Ranked #117

Among neighborhoods in El Paso, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Texas, including El Paso. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Festival Apartments

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

The lowest price for a Cheap One Bedroom Festival Apartment is $808 at Indian Springs Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Festival is starting from $900 at Arterra At Alto Rey Apartments.

What is the most affordable Festival Three Bedroom Apartment?

The best deal on a cheap Festival Three Bedroom Apartment rental is at Villas at West Mountain and starts from $1,114.

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.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.