Cheap Apartments for Rent in the Franklin Mountains Neighborhood of El Paso, TX from $400 (86 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Franklin Mountains 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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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
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The byron House
Studio to 3 Bedroom Apartments

The byron House

3501 Keltner AveEl Paso, TX 79904
  • Utilities Included

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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Franklin Mountains, El Paso, TX Local Guide

Cheapest Available Franklin Mountains Apartments for Rent

 

The cheapest available apartment rental in the Franklin Mountains area of El Paso, TX is a Studio unit found at Loma Apartments priced from $450. Hayes Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Franklin Mountains apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Loma ApartmentsStudioStudio,1BA$450
Hayes Court1 Bed 1 Bath1BR,1BA$650
Trinity Place Apartments1x1 Small1BR,1BA$665
4408 Sunrise1/11BR,1BA$695
La Puerta Del Sol1 Bedroom 1 Bath1BR,1BA$724
Trio ApartmentsStudio,Kitchen,Utilities,1BathStudio,1BA$760
Paso Oeste Apartments2 Bedroom 1 Bath2BR,1BA$780
Wallington Plaza Apartment Homes1X11BR,1BA$780
3300 Johnson1/11BR,1BA$795

Best Value Apartments for Rent in Franklin Mountains, TX

As of April 25, 2026 the best value apartment in the Franklin Mountains area is the $1.08 price per square foot Building A Unit 5 Model at Luxx Verge Villas in the in the Mission Hills neighborhood starting from $1,999. The second greatest value Franklin Mountains apartment is the 2 Bedroom Townhome Model at Canyon Hills starting at $1,125 with a $0.94 price per square foot in the Las Sierras neighborhood. Here is today’s list of the best values for Franklin Mountains apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Luxx Verge VillasBuilding A Unit 53BR,3BA$1.08
Canyon Hills2 Bedroom Townhome2BR,1.5BA$0.94
Overlook Apartments2x2 TH W/D2BR,1.5BA$1.14
Tremont Place Apartments2 bd 1 ba2BR,1BA$1.02
El Dorado Apartments2 Bedroom2BR,1BA$0.94
The Hills At North Mesa2 Bedroom2BR,1BA$1.16
Kings Hill ApartmentsOne Bedroom1BR,1BA$1.06
The Solana ApartmentsA1BR,1BA$1.15
6250 Partello St, Unit 126250 Partello St2BR,1BA$1.07
Paso Oeste Apartments1 Bedroom 1 Bath1BR,1BA$1.13

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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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Best Local Schools in
Franklin Mountains, El Paso, TX

School data provided by Great Schools

Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States including Franklin Mountains, El Paso, and the greater El Paso area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, apartment communities for the kids, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Franklin Mountains Apartments

What is a cheap apartment in Franklin Mountains?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin Mountains is under $795.

What is the price of a cheap apartment in Franklin Mountains?

The cheapest apartment in Franklin Mountains is Loma Apartments which is listed at $540, while the average apartment in Franklin Mountains costs $1,965.

What types of apartments are the cheapest in Franklin Mountains?

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 10 regular apartments in Franklin Mountains 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 Franklin Mountains?

Cheap apartments in Franklin Mountains have an average cost of $203 which is $1,762 cheaper than the average rent for all rentals in Franklin Mountains.

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

decorative image for An El Paso, TX Local Expert's Guide to Affordable Neighborhoods for Renters article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.