Cheap Homes for Rent in El Paso, TX from $500 (114 Rentals)

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

property at 4512 Arlen Ave

$595 - $950

1 To 3 Bedroom Rentals

Available Now

4512 Arlen Ave

El PasoTX79904
property at 7182 Ponce Dr

$690 - $745

1 To 2 Bedroom Rentals

Available Now

7182 Ponce Dr

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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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: 02/25/2026

Current apartment rentals in the El Paso, TX area range in price from $528 to $15,013 with an overall median price of $1,561. The three El Paso neighborhoods with the lowest median rent pricing are Mountain View North at $645, Dolphin at $668, and Las Sierras at $625. 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$64558
Dolphin$1,015$66870
Las Sierras$1,060$62566
Mountain View South$1,060$62557
Restlawn$1,060$64564
Sunrise Acres$1,060$62560
Sunrise Acres East$1,060$65070
Tobin Park$1,078$64595
Buena Vista UTEP$1,084$595183
Mesa Hills$1,084$595118

Cheapest Available El Paso Apartments for Rent

 

The cheapest available apartment rental in El Paso, TX is a Studio unit found at Cielo Vista Apartments in the Cielo Vista neighborhood priced from $595. Carousel Plaza Apartments in the Mission Hills 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
Cielo Vista ApartmentsStudioStudio,1BA$595
Carousel Plaza ApartmentsStudioStudio,1BA$595
Santorini1 Bedroom 1 Bath1BR,1BA$640
Hayes Court1 Bed 1 Bath1BR,1BA$650
Loma ApartmentsMiddle 1 Bedroom1BR,1BA$660
Trinity Place Apartments1x1 Small1BR,1BA$665
Parkland Pointe1x11BR,1BA$668
Crossroads Valley Apartments1-11BR,1BA$695
Hacienda HeightsA12BR,1BA$699
Vista Ventana Apartments1-11BR,1BA$702

Best Value Apartments for Rent in El Paso, TX

As of February 25, 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 Three Bedroom Townhome B Model at Whispering Sands Townhomes starting at $997 with a $0.84 price per square foot . 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
Whispering Sands TownhomesThree Bedroom Townhome B3BR,2.5BA$0.84
The CaterinaThe Franklin2BR,1.5BA$0.87
Edgemere Apartments2 Bed 1 Bath2BR,1BA$0.87
Western ReddTwo Bedroom2BR,1BA$0.83
Santa Rosa Apartment Homes1/1.001BR,1BA$0.89
Monterrey East & Vista Sierra Apartments2 Bedroom 1 Bath2BR,1BA$0.87
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
Tio Cooper3 Bedroom 1 Bath3BR,1BA$0.90
Villa Camille Apartments2 Bedroom2BR,1BA$0.89

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
  • Entertainment
  • 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 1550 Apartments for Rent in El Paso, TX with pricing that ranges from $528 to $15,013. There are also 707 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Paso ranging from $595 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 $595 to $6,000 with an average monthly rent of $2,323.

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 $762 to $3,125, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,097 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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.