
Cheap Apartments for Rent in the Five Points East Neighborhood of El Paso, TX from $540 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points East area of El Paso.


Hallmark Apartments

Santorini

1526 Yandell Dr, Unit 3

Timberwolf Apartments

1526 Yandell Dr, Unit 1

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3919 Lincoln Ave, Unit 1

1526 Yandell Dr, Unit B
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

4016 Tompkins Rd, Unit 4

Total Monthly Price
1014 N Virginia St, Unit 1 bd bath

1820 Montana Ave, Unit 17

2315 Myrtle Ave, Unit D

Grandview Apartments

THE 501- Downtown living

Luna Verde Apartments

The Solana Apartments
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Savoy Lofts

Sedona Peak

Ashton Parke

Magoffin Park Villas

Tremont Place Apartments

Nuestra Senora

3906 Tularosa Ave

La Mariposa Apartments
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Alza Dwellings

Total Monthly Price
3831 Monroe Ave

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3827 Monroe Ave

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2705 Memphis Ave

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3611 Monroe Ave

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INDEPENDENCE PLACE EL PASO

Total Monthly Price
1014 Brown St

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3919 Monroe Ave
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3025 E Missouri Ave

615 N Cebada St

E Yandell
Five Points East, El Paso, TX Local Guide

How much does it cost to rent an apartment in Five Points East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points East Studio Apartments | $1,123 | $595 | $1,500 |
| Five Points East 1 Bedroom Apartments | $1,153 | $640 | $1,700 |
| Five Points East 2 Bedroom Apartments | $1,343 | $725 | $2,375 |
| Five Points East 3 Bedroom Apartments | $1,551 | $1,189 | $2,200 |
| Five Points East 4 Bedroom Apartments | $2,036 | $2,036 | $2,036 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Five Points East Neighborhood of El Paso, TX.
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Five Points East, El Paso, TX Local Guide
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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. Luna Verde Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $830. Here are the most affordable Five Points East apartments for rent in El Paso, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loma Apartments | One Bedroom Corner | 1BR,1BA | $540 |
| Luna Verde Apartments | Studio | Studio,1BA | $830 |
| THE 501- Downtown living | A1 | 1BR,1BA | $879 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
| The Solana Apartments | A | 1BR,1BA | $900 |
| Sedona Peak | 1 Bedroom | 1BR,1BA | $940 |
| Ashton Parke | 1 Bedroom 1 Bath | 1BR,1BA | $967 |
| Magoffin Park Villas | A1 | 1BR,1BA | $985 |
Best Value Apartments for Rent in Five Points East, TX
As of September 07, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townhomes at 1400 N. Kansas at River | B4 | 2BR,1.5BA | $1.32 |
| Tremont Place Apartments | 2 bd 1 ba | 2BR,1BA | $1.02 |
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.22 |
| Grandview Apartments | 2 Bedroom | 2BR,1BA | $1.42 |
| The Solana Apartments | A | 1BR,1BA | $1.15 |
| 1014 N Virginia St, Unit 1 bd bath | 1014 N Virginia St | 1BR,1BA | $1.19 |
| Magoffin Park Villas | A1 | 1BR,1BA | $1.52 |
| Savoy Lofts | A1 | Studio ,1BA | $1.53 |
| Loma Apartments | One Bedroom Corner | 1BR,1BA | $1.01 |
| 3919 Lincoln Ave, Unit 1 | 3919 Lincoln Ave | 2BR,1BA | $1.45 |
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
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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.
Pet Friendly LifestyleFive Points East, El Paso, TX
Ranked #135
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $985.
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 $1,254.
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.
How do the prices of cheap apartments compare to the average apartment in Five Points East?
Cheap apartments in Five Points East have an average cost of $257 which is $997 cheaper than the average rent for all rentals in Five Points East.
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

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.

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.