Cheap Apartments for Rent in the Five Points Neighborhood of El Paso, TX from $400 (22 Rentals)

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

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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.

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Alza Dwellings
Rent Specials
$1,126 - $1,468
Total Monthly Price

Total Monthly Price

Base Rent
$1,126 - $1,468
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Alza Dwellings

1831 Murchison DrEl Paso, TX 79902
Furnished
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  • Utilities Included
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Elm Apartments
1 Bedroom Apartments

Elm Apartments

1019 Elm StEl Paso, TX 79903
  • Utilities Included
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2401 Montana Apt #2
2 Bedroom Apartments

2401 Montana Apt #2

2401 Montana AveEl Paso, TX 79903
  • Utilities Included

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Showing Results 1-22, Page 1 of 1

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of El Paso, TX is a 1 Bed unit found at Loma Apartments priced from $540. Tremont Place Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $999. Here are the most affordable Five Points apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Loma ApartmentsOne Bedroom Corner1BR,1BA$540
Tremont Place Apartments2 bd 1 ba2BR,1BA$999
Alza DwellingsA11BR,1BA$1,368

Best Value Apartments for Rent in Five Points, TX

As of July 07, 2026 the best value apartment in the Five Points area is the $1.02 price per square foot 2 bd 1 ba Model at Tremont Place Apartments in the in the Mission Hills neighborhood starting from $999. The second greatest value Five Points apartment is the 1944 Arizona Ave Model at 1944 Arizona Ave starting at $1,600 with a $2.67 price per square foot in the Rio Grande neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tremont Place Apartments2 bd 1 ba2BR,1BA$1.02
1944 Arizona Ave1944 Arizona Ave1BR,1BA$2.67
Loma ApartmentsOne Bedroom Corner1BR,1BA$0.96
Alza DwellingsA11BR,1BA$2.56
1111 N Stevens St1111 N Stevens St1BR,1BA$3.56
2705 Memphis Ave2705 Memphis AveStudio ,1BA$3.63

Frequently Asked Questions about Cheap Five Points Apartments

How much is rent for a Cheap One Bedroom Five Points Apartment?

The lowest price for a Cheap One Bedroom Five Points Apartment is $540 at Loma Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Five Points is starting from $999 at Tremont Place Apartments.

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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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.