Cheap Homes for Rent in El Paso, TX from $300 (121 Rentals)

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

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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property at 317 Park

$725

1 Bedroom Rentals

Available Now

317 Park

El PasoTX79901
property at 411 Dodge Rd

$750

2 Bedroom Rentals

Available Now

411 Dodge Rd

El PasoTX79915

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 1908 Olive Ave

$750 - $799

1 Bedroom Rentals

Available Now

1908 Olive Ave

El PasoTX79901
property at 8903 Old County Dr

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

8903 Old County Dr, Unit A

8903 Old County Dr
El PasoTX79907

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 7214 Dale Rd

$850

2 Bedroom Rentals

Available Now

7214 Dale Rd

El PasoTX79915

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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El Paso, TX Local Guide

Cheapest Neighborhoods for Apartments in El Paso, TX

Pricing Updated: 08/26/2026

Current apartment rentals in the El Paso, TX area range in price from $551 to $4,093 with an overall median price of $1,156. The three El Paso neighborhoods with the lowest median rent pricing are Angels Triangle at $849, Devils Tower at $849, and Park Foothills at $849. 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
Angels Triangle$849$72415
Devils Tower$849$72412
Park Foothills$849$66519
Las Sierras$850$66541
Mountain Hills$850$66537
Mountain View North$850$66544
Mountain View South$850$66538
Restlawn$850$66544
Sunrise Acres$850$66537
Sunrise Acres East$850$65047

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 Mission Hills neighborhood priced from $540. 1108 Myrtle in the Segundo Barrio neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $580. 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
1108 Myrtle1BR/1.0BA1BR,1BA$580
3600 Keltner Ave1 Beds, 1 Baths1BR,1BA$600
7303 Dale Rd1 Beds, 1 Baths1BR,1BA$645
8612 LAWSON St1 Beds, 1 Baths1BR,1BA$645
2607-2609 Nations Ave1 Beds, 1 Baths1BR,1BA$645
Hayes Court1 Bed 1 Bath1BR,1BA$650
4408 Sunrise1/11BR,1BA$670
Santa Lucia Apartments1 Bedroom1BR,1BA$689

Best Value Apartments for Rent in El Paso, TX

As of August 27, 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 2 Bath Home Model at Rubin Heights starting at $1,275 with a $0.66 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 2 Bath Home3BR,2.5BA$0.66
Coronado SpringsTownhome3BR,2.5BA$0.95
Desert Breeze Apartments4 Bedroom 2.5 Bath Townhome4BR,2.5BA$0.49
Prado Apartments3 Bedroom3BR,2BA$0.98
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
Tio Cooper3 Bedroom 1 Bath3BR,1BA$0.90
Cactus Rose Apartments2 Bedroom2BR,2BA$0.92
8612 LAWSON St1 Beds, 1 Baths1BR,1BA$0.97
Loma ApartmentsOne Bedroom Corner1BR,1BA$0.96

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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El Paso, TX
Population: 682,669

Ranked #22

in US Census Population by City

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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 1527 Apartments for Rent in El Paso, TX with pricing that ranges from $551 to $4,093. There are also 691 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Paso ranging from $300 to $5,500.

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 $300 to $5,500 with an average monthly rent of $1,894.

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 $796 to $4,093, while Three Bedroom Homes, Condos, and Townhomes for rent range from $300 to $4,600. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $899.

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 Where to Rent in El Paso: A Locals Guide to Apartments Near Major Universities article

Where to Rent in El Paso: A Locals Guide to Apartments Near Major Universities

Written by: Lori Rosario

El Paso is a uniquely charming city with a rich culture and history.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.