Cheap Homes for Rent in El Paso, TX from $500 (141 Rentals)

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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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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'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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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El Paso, TX Local Guide

Cheapest Neighborhoods for Apartments in El Paso, TX

Pricing Updated: 01/08/2026

Current apartment rentals in the El Paso, TX area range in price from $445 to $15,013 with an overall median price of $1,536. The three El Paso neighborhoods with the lowest median rent pricing are Mountain View North at $665, Lancaster at $650, and Las Sierras at $665. 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
Mountain View North$1,000$66554
Lancaster$1,045$65017
Las Sierras$1,060$66562
Mountain View South$1,060$65055
Restlawn$1,060$66560
Sunrise Acres$1,060$66556
Sunrise Acres East$1,060$65065
Lomas Del Rey$1,084$575269
Mesa Hills$1,084$595163
Ridgecrest$1,084$595239

Cheapest Available El Paso Apartments for Rent

 

The cheapest available apartment rental in El Paso, TX is a 2 Beds unit found at Mountain Heights Apartments in the Austin Terrace neighborhood priced from $462. Cielo Vista Apartments in the Cielo Vista neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here is today’s list of the most affordable El Paso apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mountain Heights Apartments2 Bed 2.5 Bath2BR,2BA$462
Cielo Vista ApartmentsStudioStudio,1BA$595
Arbor ApartmentsStudioStudio,1BA$618
Vista Sol El PasoStudioStudio,1BA$627
Santorini1 Bedroom 1 Bath1BR,1BA$640
Hayes Court1 Bed 1 Bath1BR,1BA$650
Loma ApartmentsMiddle 1 Bedroom1BR,1BA$660
Parkland Pointe1x11BR,1BA$668
Carousel Plaza Apartments1 Bedroom1BR,1BA$675
Hacienda HeightsA12BR,1BA$699

Best Value Apartments for Rent in El Paso, TX

As of January 08, 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 2/2.00LG Model at Santa Rosa Apartment Homes starting at $1,013 with a $0.73 price per square foot in the South Belvidere 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
Santa Rosa Apartment Homes2/2.00LG2BR,2BA$0.73
Sagewood ApartmentsC23BR,2BA$0.76
The Arches Apartments2-1.52BR,1.5BA$0.69
Prospect Street Apartments1-1 Upstairs + Garage1BR,1BA$0.92
Western ReddTwo Bedroom2BR,1BA$0.83
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
Van Horne Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.83
Mountain Heights Apartments2 Bed 2.5 Bath2BR,2.5BA$0.49
North Mountain Village Apartments2 Bedroom2BR,2BA$0.92

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

Explore El Paso, TX Rentals by Map

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See the most popular apartments and homes in El Paso, TX

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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 1554 Apartments for Rent in El Paso, TX with pricing that ranges from $445 to $15,013. There are also 822 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Paso ranging from $547 to $4,500.

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 $547 to $4,500 with an average monthly rent of $1,806.

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 $852 to $3,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $969.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.