Cheap Homes for Rent in El Paso, TX from $400 (79 Rentals)

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Search the lowest-cost Homes available for rent right now in 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.

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property at 7161 Dale Rd

$725 - $875

1 To 3 Bedroom Rentals

Available Now

7161 Dale Rd

El PasoTX79915

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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property at 308 Hills St

$795

2 Bedroom Rentals

Available Now

308 Hills St

El PasoTX79901
property at 6400 Edgemere Blvd

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Condo for Rent

Available Now

6400 Edgemere Blvd, Unit 23

6400 Edgemere Blvd
El PasoTX79925

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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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 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.

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El Paso, TX Local Guide

Cheapest Neighborhoods for Apartments in El Paso, TX

Pricing Updated: 05/27/2026

Current apartment rentals in the El Paso, TX area range in price from $450 to $6,000 with an overall median price of $2,642. The three El Paso neighborhoods with the lowest median rent pricing are Chamizal at $900, Durazno at $900, and Morningside Heights at $695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for El Paso Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Chamizal$1,080$9003
Durazno$1,125$9002
Morningside Heights$1,250$6953
Pebble Hills North$1,300$1,3002
Thomas Manor$1,310$74514
Rosedale Farms$1,325$72516
Vista Real East$1,350$1,3501
Angels Triangle$1,375$5953
Mountain View South$1,525$59521
Shearman$1,547$1,1953

Cheapest Available El Paso Apartments for Rent

 

The cheapest available apartment rental in El Paso, TX is a 1 Bed unit found at Loma Apartments in the Five Points neighborhood priced from $540. Prospect Street Apartments in the Sunset Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable El Paso apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Loma ApartmentsOne Bedroom Corner1BR,1BA$540
Prospect Street Apartments1-1 Basement1BR,1BA$550
Carousel Plaza ApartmentsStudioStudio,1BA$595
Vista Sol El PasoStudioStudio,1BA$627
Hayes Court1 Bed 1 Bath1BR,1BA$650
Trinity Place Apartments1x1 Small1BR,1BA$665
Cielo Vista Apartments1 Bedroom1BR,1BA$695
4408 Sunrise1/11BR,1BA$695

Best Value Apartments for Rent in El Paso, TX

As of May 28, 2026 the best value apartment in the El Paso area is the $0.84 price per square foot B-549 Model at Belvidere Village Duplexes in the in the Coronado neighborhood starting from $1,799. The second greatest value El Paso apartment is the 3 Bedroom 3 Bath Model at Rubin Heights starting at $1,450 with a $0.89 price per square foot in the Mission Hills neighborhood. Here is today’s list of the best values for El Paso apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Belvidere Village DuplexesB-5493BR,2.5BA$0.84
Rubin Heights3 Bedroom 3 Bath3BR,3BA$0.89
The Rosetta Apartment Homes3/1.53BR,1.5BA$0.82
Desert Breeze Apartments4 Bedroom 2.5 Bath Townhome4BR,2.5BA$0.84
Santa Rosa Apartment Homes2/2.00LG2BR,2BA$0.73
Sagewood ApartmentsC23BR,2BA$0.81
Mountain View Estates- Income RestrictedThree Bedroom3BR,2BA$0.94
Tio Cooper3 Bedroom 1 Bath3BR,1BA$0.90
Prospect Street Apartments1-1 Basement1BR,1BA$0.78
Loma ApartmentsOne Bedroom Corner1BR,1BA$0.81

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore El Paso, TX Rentals by Map

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El Paso, TX Area Reviews

  • Parks
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  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Lori

May 4, 2025

El Paso has a family-friendly vibe, people are friendly, there are plenty of great things to do and see, and I've always felt safe in the different areas and neighborhoods I've been to.

Frequently Asked Questions about El Paso

What type of rentals are currently available in El Paso?

There are currently 1527 Apartments for Rent in El Paso, TX with pricing that ranges from $528 to $11,111. There are also 611 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Paso ranging from $450 to $6,000.

What is the current price range for Rental Homes in El Paso?

Today's rental pricing for Homes for Rent, Condos and Townhomes in El Paso ranges from $450 to $6,000 with an average monthly rent of $2,497.

How much are larger Three and Four Bedroom Rentals in El Paso?

For those who are looking for larger living arrangements, Three Bedroom Apartments in El Paso range from $700 to $11,111, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $4,288. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $861.

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.

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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.