Cheap Apartments for Rent in the Lafayette Place Neighborhood of El Paso, TX from $300 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lafayette Place area of 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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LAKE FAIRWAY
Rent Specials
$837 - $1,514
Total Monthly Price

Total Monthly Price

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$837 - $1,514

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Studio to 2 Bedroom Apartments Available Now

LAKE FAIRWAY

1642 Lomaland DrEl Paso, TX 79935
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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SUN HOLLOW
Rent Specials
$925 - $1,649
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Total Monthly Price

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$925 - $1,649

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1 to 3 Bedroom Apartments Available Now

SUN HOLLOW

1601 Lee Trevino DrEl Paso, TX 79936
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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RIDGEMAR
Rent Specials
$1,018 - $2,172
Total Monthly Price

Total Monthly Price

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$1,018 - $2,172

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

RIDGEMAR

10701 Vista Del Sol DrEl Paso, TX 79935
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income
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Canyon Square Village
1 to 4 Bedroom Apartments

Canyon Square Village

8622 N Loop DrEl Paso, TX 79907
  • Utilities Included
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Western Carolina
1 to 2 Bedroom Apartments

Western Carolina

900 N Carolina DrEl Paso, TX 79915
Senior Living
  • Utilities Included

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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North Loop Village
1 to 2 Bedroom Apartments

North Loop Village

8249 North Loop DrEl Paso, TX 79907
  • Utilities Included
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7777-7785 Franklin Dr
Studio to 2 Bedroom Apartments

7777-7785 Franklin Dr

7777-7785 Franklin DrEl Paso, TX 79915
  • Utilities Included
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Chaparral Apartments
1 to 2 Bedroom Apartments

Chaparral Apartments

9615 Sims DrEl Paso, TX 79925
  • Utilities Included
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Alvarez Apartments
2 to 4 Bedroom Apartments

Alvarez Apartments

8247 N Loop DrEl Paso, TX 79907
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Laguna Apartments
1 to 2 Bedroom Apartments

Laguna Apartments

11078 Vista Del Sol DrEl Paso, TX 79935
  • Utilities Included
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Hidden Grove
2 to 3 Bedroom Apartments

Hidden Grove

528 Center WayEl Paso, TX 79915
  • Utilities Included
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Cantera Apartments
Studio to 3 Bedroom Apartments

Cantera Apartments

1501 Lomaland DrEl Paso, TX 79935
  • Utilities Included

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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Western Gallagher
2 to 3 Bedroom Apartments

Western Gallagher

450 Gallagher StEl Paso, TX 79915
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Amber Sky Estates
2 Bedroom Apartments

Amber Sky Estates

8685 N Loop DrEl Paso, TX 79907
  • Utilities Included

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.

Lafayette Place, El Paso, TX Local Guide

Cheapest Available Lafayette Place Apartments for Rent

 

The cheapest available apartment rental in the Lafayette Place area of El Paso, TX is a 2 Beds unit found at Hacienda Heights priced from $699. Paso Este has the second lowest priced unit, which is a 2 Beds apartment currently listed from $780. Here are the most affordable Lafayette Place apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Hacienda HeightsA12BR,1BA$699
Paso Este2 Bedroom 1 Bath2BR,1BA$780
Southview1BR/1BA1BR,1BA$785
San Pedro1 bedroom1BR,1BA$790
Tigua Village- All Utilities IncludedOne Bedroom B1BR,1BA$801
Mediterranean Apartments2bd Mediterranean2BR,1BA$825
LAKE FAIRWAYEnclaveStudio,1BA$837
Western Yarbrough Apartments2 Bedroom 1 Bath2BR,1BA$850
Santa Lucia Apartments1 Bedroom1BR,1BA$852
Valley Place Apartments2 BEDROOM 1 BATH2BR,1BA$860

Best Value Apartments for Rent in Lafayette Place, TX

As of May 25, 2026 the best value apartment in the Lafayette Place area is the $1.33 price per square foot 2 Bedroom | 1 Bath Model at Gateway East Apartments- Income Restricted in the in the Cielo Vista neighborhood starting from $1,152. The second greatest value Lafayette Place apartment is the 333 Milton Rd Model at 333 Milton Rd, Unit A starting at $980 with a $1.14 price per square foot in the Ascarate neighborhood. Here is today’s list of the best values for Lafayette Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gateway East Apartments- Income Restricted2 Bedroom | 1 Bath2BR,1BA$1.33
333 Milton Rd, Unit A333 Milton Rd2BR,1BA$1.14
8493 Roseway Dr, Unit 8493 Roseway Dr Unit A8493 Roseway Dr2BR,1BA$1.12
Western Yarbrough Apartments2 Bedroom 1 Bath2BR,1BA$1.05
Las GardeniasTwo Bedroom 1 Bath2BR,1BA$1.31
Valley Place Apartments2 BEDROOM 1 BATH2BR,1BA$1.16
Mediterranean Apartments2bd Mediterranean2BR,1BA$1.27
Paso Este2 Bedroom 1 Bath2BR,1BA$1.25
Hacienda HeightsA12BR,1BA$1.17
San Pedro1 bedroom1BR,1BA$1.32

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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Frequently Asked Questions about Cheap Lafayette Place Apartments

What is a cheap apartment in Lafayette Place?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lafayette Place is under $860.

What is the price of a cheap apartment in Lafayette Place?

The cheapest apartment in Lafayette Place is Southview which is listed at $785, while the average apartment in Lafayette Place costs $1,760.

What types of apartments are the cheapest in Lafayette Place?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Lafayette Place that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lafayette Place?

Cheap apartments in Lafayette Place have an average cost of $1,036 which is $724 cheaper than the average rent for all rentals in Lafayette Place.

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.