
Cheap Apartments for Rent in the Five Points Neighborhood of El Paso, TX from $400 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of El Paso.


3311 Hueco Ave, Unit A1

3527 E Missouri Ave

2315 Montana Ave, Unit 3
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.

Elm Apartments

2401 Montana Apt #2

1964 Murchison Dr

2111 Portland Ave
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.

1909 Yandell Dr
Five Points, El Paso, TX Local Guide

How much does it cost to rent an apartment in Five Points?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points Studio Apartments | $1,153 | $900 | $1,400 |
| Five Points 1 Bedroom Apartments | $1,350 | $695 | $1,600 |
| Five Points 2 Bedroom Apartments | $1,194 | $925 | $1,750 |
| Five Points 3 Bedroom Apartments | $1,131 | $700 | $1,495 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Five Points Neighborhood of El Paso, TX.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loma Apartments | One Bedroom Corner | 1BR,1BA | $540 |
| Tremont Place Apartments | 2 bd 1 ba | 2BR,1BA | $999 |
| Alza Dwellings | E1 | Studio,1BA | $1,126 |
Best Value Apartments for Rent in Five Points, TX
As of May 23, 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 B1 Model at Alza Dwellings starting at $1,598 with a $2.23 price per square foot in the Mission Hills neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tremont Place Apartments | 2 bd 1 ba | 2BR,1BA | $1.02 |
| Alza Dwellings | B1 | 2BR,2BA | $2.23 |
| Loma Apartments | One Bedroom Corner | 1BR,1BA | $0.81 |
| 1944 Arizona Ave | 1944 Arizona Ave | 1BR,1BA | $2.54 |
| 1111 N Stevens St | 1111 N Stevens St | 1BR,1BA | $3.22 |
| 2705 Memphis Ave | 2705 Memphis Ave | Studio ,1BA | $3.50 |
Frequently Asked Questions about Cheap Five Points Apartments
What is the Cheapest Studio apartment in Five Points?
Currently the most affordable Cheap Studio Apartment in Five Points is at Alza Dwellings listed at $1,126.
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

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.