Cheap Apartments for Rent in the Five Points East Neighborhood of El Paso, TX from $500 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Five Points East 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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Showing Results 1-13, Page 1 of 1

Five Points East, El Paso, TX Local Guide

Cheapest Available Five Points East Apartments for Rent

 

The cheapest available apartment rental in the Five Points East area of El Paso, TX is a 1 Bed unit found at Loma Apartments priced from $540. Hallmark Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Five Points East apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Loma ApartmentsOne Bedroom Corner1BR,1BA$540
Hallmark Apartments1 Bedroom1BR,1BA$675
Grandview Apartments1 Bedroom1BR,1BA$800
Luna Verde Apartments1 x 11BR,1BA$870
Savoy LoftsA1Studio,1BA$900

Best Value Apartments for Rent in Five Points East, TX

As of July 23, 2026 the best value apartment in the Five Points East area is the $1.32 price per square foot B4 Model at The Townhomes at 1400 N. Kansas at River in the in the San Antonio neighborhood starting from $1,795. The second greatest value Five Points East apartment is the 2 bd 1 ba Model at Tremont Place Apartments starting at $999 with a $1.02 price per square foot in the Mission Hills neighborhood. Here is today’s list of the best values for Five Points East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhomes at 1400 N. Kansas at RiverB42BR,1.5BA$1.32
Tremont Place Apartments2 bd 1 ba2BR,1BA$1.02
La Mariposa Apartments2 Beds, 1 Baths2BR,1BA$1.22
1305 E San Antonio Ave, Unit 1305 E San Antonio Unit B1305 E San Antonio Ave2BR,1BA$1.29
Grandview Apartments2 Bedroom2BR,1BA$1.42
The Solana ApartmentsA1BR,1BA$1.15
1014 N Virginia St, Unit 1 bd bath1014 N Virginia St1BR,1BA$1.19
Luna Verde Apartments1 x 11BR,1BA$1.43
Hallmark Apartments1 Bedroom1BR,1BA$1.14
Loma ApartmentsStudioStudio ,1BA$0.99

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
Five Points East, El Paso, TX

Ranked #148

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Five Points East Apartments

What is a cheap apartment in Five Points East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Five Points East is under $999.

What is the price of a cheap apartment in Five Points East?

The cheapest apartment in Five Points East is Loma Apartments which is listed at $540, while the average apartment in Five Points East costs $2,036.

What types of apartments are the cheapest in Five Points East?

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 5 regular apartments in Five Points East 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

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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.