904 Oneida Dr
El PasoTX79912
Cheap Homes for Rent in Festival Neighborhood of El Paso, TX from $1,600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Festival area of El Paso.
7958 Starry Night Dr
El PasoTX79932
7128 Luz De Ojos Ct
El PasoTX79912
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.
678 El Parque Dr
El PasoTX79912
1529 Plaza Verde Dr
El PasoTX79912
1101 Will Rand 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.
7125 Tierra Taos Dr
El PasoTX79912
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Festival, El Paso, TX Local Guide
How much does it cost to rent a home in Festival?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Festival 3 Bedroom Homes for Rent | $2,252 | $1,685 | $3,200 |
| Festival 4 Bedroom Homes for Rent | $2,690 | $1,950 | $4,200 |
| Festival 5 Bedroom Homes for Rent | $3,473 | $2,895 | $4,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 3 mile radius of the Festival Neighborhood of El Paso, TX.
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Festival, El Paso, TX Local Guide
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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 $998. Moderno Village Apartments and Town Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Festival apartments for rent in El Paso, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Indian Springs Apartments | A3 | 1BR,1BA | $998 |
| Moderno Village Apartments and Town Homes | Apartment 1 Bd, 1 Ba, reserved Parking | 1BR,1BA | $1,150 |
| Las Mansiones at Cimarron | A1 | 1BR,1BA | $1,503 |
Best Value Apartments for Rent in Festival, TX
As of May 23, 2026 the best value apartment in the Festival area is the $1.54 price per square foot Apartment 1 Bd, 1 Ba, reserved Parking Model at Moderno Village Apartments and Town Homes in the in the Coronado neighborhood starting from $1,150. The second greatest value Festival apartment is the A3 Model at Indian Springs Apartments starting at $998 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Moderno Village Apartments and Town Homes | Apartment 1 Bd, 1 Ba, reserved Parking | 1BR,1BA | $1.54 |
| Indian Springs Apartments | A3 | 1BR,1BA | $1.35 |
| Las Mansiones at Cimarron | A1 | 1BR,1BA | $2.27 |
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 Article
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.
Read ArticleReal 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.
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, El Paso, TX
Ranked #181
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Festival, El Paso, TX
School data provided by Great Schools
Frequently Asked Questions about Festival
What type of rentals are currently available in Festival?
There are currently 19 Apartments for Rent in Festival, TX with pricing that ranges from $528 to $11,111. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Festival ranging from $1,685 to $4,250.
What is the current price range for Rental Homes in Festival?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Festival ranges from $1,685 to $4,250 with an average monthly rent of $2,805.
How much are larger Three and Four Bedroom Rentals in Festival?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Festival range from $762 to $11,111, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,685 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $861.
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.