Cheap Apartments for Rent in the Festival Neighborhood of El Paso, TX from $500 (28 Rentals)

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

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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Medano Heights
1 to 4 Bedroom Apartments

Medano Heights

7801 Medano DrEl Paso, TX 79912
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 1 Bed unit found at Indian Springs Apartments priced from $839. Western Redd has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here are the most affordable Festival apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Indian Springs ApartmentsA21BR,1BA$839
Western ReddTwo Bedroom2BR,1BA$850
Villas at West Mountain- Income Restricted2 Bed 2 Bath2BR,2BA$1,022
Moderno Village Apartments and Town HomesApartment 1 Bd, 1 Ba, reserved Parking1BR,1BA$1,150
Mountain Village2 BED / 2 BATH2BR,2BA$1,229
Ridgeline WestSignature 2 Bedroom2BR,2BA$1,765
Las Mansiones at CimarronB12BR,2BA$2,073

Best Value Apartments for Rent in Festival, TX

As of August 03, 2026 the best value apartment in the Festival area is the $1.46 price per square foot Signature 2 Bedroom Model at Ridgeline West in the in the Coronado neighborhood starting from $1,765. The second greatest value Festival apartment is the B1 Model at Las Mansiones at Cimarron starting at $2,073 with a $1.92 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.
Ridgeline WestSignature 2 Bedroom2BR,2BA$1.46
Las Mansiones at CimarronB12BR,2BA$1.92
Mountain Village2 BED / 2 BATH2BR,2BA$1.18
Western ReddTwo Bedroom2BR,1BA$0.83
Villas at West Mountain- Income Restricted2 Bed 2 Bath2BR,2BA$1.02
Moderno Village Apartments and Town HomesApartment 1 Bd, 1 Ba, reserved Parking1BR,1BA$1.54
Indian Springs ApartmentsA11BR,1BA$1.71

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Festival, El Paso, TX

Ranked #193

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Festival, El Paso, TX

School data provided by Great Schools

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

What is the price of a cheap apartment in Festival?

The cheapest apartment in Festival is Indian Springs Apartments which is listed at $839, while the average apartment in Festival costs $1,216.

What types of apartments are the cheapest in Festival?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Festival that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 Where to Rent in El Paso: A Locals Guide to Apartments Near Major Universities article

Where to Rent in El Paso: A Locals Guide to Apartments Near Major Universities

Written by: Lori Rosario

El Paso is a uniquely charming city with a rich culture and history.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.