Cheap Homes for Rent in El Paso, TX from $500 (155 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

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.

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

El Paso, TX Local Guide

Cheapest Neighborhoods for Apartments in El Paso, TX

Pricing Updated: 07/31/2025

Current apartment rentals in the El Paso, TX area range in price from $550 to $6,500 with an overall median price of $2,347. The three El Paso neighborhoods with the lowest median rent pricing are Summit Place at $1,099, Capistrano Park at $1,100, and Virginia at $750. 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
Summit Place$1,099$1,0991
Capistrano Park$1,100$1,1002
Virginia$1,300$75014
South Loop$1,325$1,1004
Angels Triangle$1,350$5958
Chelmont$1,350$7008
Mountain View South$1,350$59525
Sunrise Acres East$1,350$1,2502
Morningside Heights$1,362$6958
Mountain View North$1,400$59519

Cheapest Available El Paso Apartments for Rent

 

The cheapest available apartment rental in El Paso, TX is a Studio unit found at Trio Apartments in the Mission Hills neighborhood priced from $587. 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
Trio ApartmentsStudioStudio,1BA$587
Cielo Vista ApartmentsStudioStudio,$595
Loma ApartmentsStudioStudio,1BA$620
Vista Sol El PasoStudioStudio,1BA$627
Santorini1 Bedroom 1 Bath1BR,1BA$640
Hayes Court1 Bed 1 Bath1BR,1BA$650
The Arches Apartments1-11BR,1BA$700
Waterford ApartmentsStudioStudio,1BA$715
La Cima ApartmentsStudioStudio,1BA$717
La Puerta Del Sol1 Bedroom 1 Bath1BR,1BA$724

Best Value Apartments for Rent in El Paso, TX

As of July 31, 2025 the best value apartment in the El Paso area is the $0.32 price per square foot 1 Bed, 1 bath Model at 1640 Rick Rhodes Dr in the in the Vista Del Sol neighborhood starting from $1,285. The second greatest value El Paso apartment is the 2 Beds, 1 bath Model at 3615 Volcanic Ave starting at $2,000 with a $0.67 price per square foot in the Las Sierras 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.
1640 Rick Rhodes Dr1 Bed, 1 bath1BR,1BA$0.32
3615 Volcanic Ave2 Beds, 1 bath2BR,1BA$0.67
336 Villa Place3 Beds, 2 baths3BR,2BA$0.74
Belvidere Village DuplexesA-5493BR,2.5BA$0.83
4505 Pershing Dr, Unit 14505 Pershing Dr3BR,1.5BA$0.83
Sagewood ApartmentsC23BR,2BA$0.76
El Pavon ApartmentsBarcelona2BR,2BA$0.79
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
Desert Villas- Income RestrictedTwo Bedroom2BR,2BA$0.82
Van Horne Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.83

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.

decorative image of people with a giant lease agreement

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 1537 Apartments for Rent in El Paso, TX with pricing that ranges from $550 to $12,965. There are also 898 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Paso ranging from $550 to $6,500.

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 $550 to $6,500 with an average monthly rent of $1,724.

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 $4,854, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $6,500. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $969.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.