Cheap Apartments for Rent in the Highland Park Neighborhood of El Paso, TX from $400 (65 Rentals)

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

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.

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.

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Elm Apartments
1 Bedroom Apartments

Elm Apartments

1019 Elm StEl Paso, TX 79903
  • Utilities Included
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D Lamar Apartments
1 Bedroom Apartments

D Lamar Apartments

717 Magoffin AveEl Paso, TX 79901
  • Utilities Included

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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2401 Montana Apt #2
2 Bedroom Apartments

2401 Montana Apt #2

2401 Montana AveEl Paso, TX 79903
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1601 El Paso St
Studio to 2 Bedroom Apartments

1601 El Paso St

1601 El Paso StEl Paso, TX 79902
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The Pearl Apartments
1 to 2 Bedroom Apartments

The Pearl Apartments

220 W Yandell DrEl Paso, TX 79902
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2501-2515 Morehead Ave
1 to 3 Bedroom Apartments

2501-2515 Morehead Ave

2501-2515 Morehead AveEl Paso, TX 79930
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Mountain Shadow
1 to 3 Bedroom Apartments

Mountain Shadow

2500-2624 Morehead AveEl Paso, TX 79930
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Tres Vistas
1 to 2 Bedroom Apartments

Tres Vistas

1600 Arizona AveEl Paso, TX 79902
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610 Prospect
Studio to 4 Bedroom Apartments

610 Prospect

610 Prospect StEl Paso, TX 79902
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Wallace Apartments
Studio to 3 Bedroom Apartments

The Wallace Apartments

1201 RandolphEl Paso, TX 79902
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Blue Flame Apartments
Studio to 1 Bedroom Apartments

Blue Flame Apartments

304 Texas AveEl Paso, TX 79901
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Martin Lofts
Studio to 2 Bedroom Apartments

Martin Lofts

217 N Stanton StEl Paso, TX 79901
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410 W Yandell
Studio to 1 Bedroom Apartments

410 W Yandell

410 W Yandell DrEl Paso, TX 79902
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Wyoming Pearl
Studio to 2 Bedroom Apartments

Wyoming Pearl

917 Wyoming AveEl Paso, TX 79902
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1026 Myrtle Ave
1 to 2 Bedroom Apartments

1026 Myrtle Ave

1026 Myrtle AveEl Paso, TX 79901
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1415 Brown St
Studio to 2 Bedroom Apartments

1415 Brown St

1415 Brown StEl Paso, TX 79902
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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.

Highland Park, El Paso, TX Local Guide

Cheapest Available Highland Park Apartments for Rent

 

The cheapest available apartment rental in the Highland Park area of El Paso, TX is a 1 Bed unit found at Loma Apartments priced from $540. Prospect Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Highland Park apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Loma ApartmentsOne Bedroom Corner1BR,1BA$540
Prospect Street Apartments1-1 Basement1BR,1BA$550
Ramey ApartmentsStudioStudio,1BA$725
1707 N Stanton St1 Bed/1 Bath1BR,1BA$750
Savoy LoftsA1Studio,1BA$900
The Solana ApartmentsA1BR,1BA$900
Sedona Peak1 Bedroom1BR,1BA$935
Diplomat Apartments1 Bedroom1BR,1BA$949
Tremont Place Apartments2 bd 1 ba2BR,1BA$999

Best Value Apartments for Rent in Highland Park, TX

As of May 24, 2026 the best value apartment in the Highland Park 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 Highland Park apartment is the 2 Beds, 1 Baths Model at La Mariposa Apartments starting at $1,100 with a $1.22 price per square foot in the San Antonio neighborhood. Here is today’s list of the best values for Highland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tremont Place Apartments2 bd 1 ba2BR,1BA$1.02
La Mariposa Apartments2 Beds, 1 Baths2BR,1BA$1.22
504 Cincinnati Ave, Unit Rear504 Cincinnati AveStudio ,0.5BA$0.88
Grandview Apartments2 Bedroom2BR,1BA$1.42
The Solana ApartmentsA1BR,1BA$1.15
Prospect Street Apartments1-1 Basement1BR,1BA$0.78
1707 N Stanton St2 Bed/1 Bath2BR,1BA$1.28
Loma ApartmentsOne Bedroom Corner1BR,1BA$0.81
Savoy LoftsA1Studio ,1BA$1.53
Ramey ApartmentsStudioStudio ,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.

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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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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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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central El Paso. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Highland Park Apartments

What is a cheap apartment in Highland Park?

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

What is the price of a cheap apartment in Highland Park?

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

What types of apartments are the cheapest in Highland Park?

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 6 regular apartments in Highland Park 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 Highland Park?

Cheap apartments in Highland Park have an average cost of $275 which is $1,690 cheaper than the average rent for all rentals in Highland Park.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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.