Cheap Apartments for Rent in the Loma Terrace Neighborhood of El Paso, TX from $300 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Loma Terrace 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
$852 - $1,617
Total Monthly Price

Total Monthly Price

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$852 - $1,617
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

LAKE FAIRWAY

1642 Lomaland DrEl Paso, TX 79935
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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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SUN HOLLOW
Rent Specials
$1,061 - $1,605
Total Monthly Price

Total Monthly Price

Base Rent
$1,061 - $1,605
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

SUN HOLLOW

1601 Lee Trevino DrEl Paso, TX 79936
Corporate Housing
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RIDGEMAR
Rent Specials
$1,168 - $2,128
Total Monthly Price

Total Monthly Price

Base Rent
$1,168 - $2,128
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

RIDGEMAR

10701 Vista Del Sol DrEl Paso, TX 79935
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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
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Chaparral Apartments
1 to 2 Bedroom Apartments

Chaparral Apartments

9615 Sims DrEl Paso, TX 79925
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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
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Hidden Grove
2 to 3 Bedroom Apartments

Hidden Grove

528 Center WayEl Paso, TX 79915
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Sunset Vista Seniors
1 to 2 Bedroom Apartments

Sunset Vista Seniors

1333 Pullman DrEl Paso, TX 79936
Senior Living
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Keystone Place
1 to 4 Bedroom Apartments

Keystone Place

1331 Pullman DrEl Paso, TX 79936

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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Cantera Apartments
Studio to 3 Bedroom Apartments

Cantera Apartments

1501 Lomaland DrEl Paso, TX 79935
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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

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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Showing Results 1-50, Page 1 of 2

Loma Terrace, El Paso, TX Local Guide

Cheapest Available Loma Terrace Apartments for Rent

 

The cheapest available apartment rental in the Loma Terrace area of El Paso, TX is a 1 Bed unit found at Santa Lucia Apartments priced from $689. San Jose Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $746. Here are the most affordable Loma Terrace apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Santa Lucia Apartments1 Bedroom1BR,1BA$689
San Jose Apartments2-12BR,1BA$746
San Marcos Apartment HomesAzalea Suit1BR,1BA$785
Tigua Village- All Utilities IncludedOne Bedroom B1BR,1BA$815
Valley Place Apartments2 BEDROOM 1 BATH2BR,1BA$845
The MeadowsOne Bedroom Large1BR,1BA$850
Southview2BR/1BA2BR,1BA$850
LAKE FAIRWAYEnclaveStudio,1BA$852
Valley Ridge Apartments1 Bedroom1BR,1BA$890
San Marin1 Bedroom1BR,1BA$900

Best Value Apartments for Rent in Loma Terrace, TX

As of July 15, 2026 the best value apartment in the Loma Terrace area is the $1.35 price per square foot 2 Bedroom | 1 Bath Model at Gateway East Apartments- Income Restricted in the in the Cielo Vista neighborhood starting from $1,161. The second greatest value Loma Terrace apartment is the 8493 Roseway Dr Model at 8493 Roseway Dr, Unit 8493 Roseway Dr Unit A starting at $960 with a $1.13 price per square foot in the Ascarate neighborhood. Here is today’s list of the best values for Loma Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gateway East Apartments- Income Restricted2 Bedroom | 1 Bath2BR,1BA$1.35
8493 Roseway Dr, Unit 8493 Roseway Dr Unit A8493 Roseway Dr2BR,1BA$1.13
The MeadowsOne Bedroom Large1BR,1BA$1.13
Las GardeniasTwo Bedroom 1 Bath2BR,1BA$1.32
Valley Place Apartments2 BEDROOM 1 BATH2BR,1BA$1.14
Ranger Trail Apartments2 Beds, 2 Baths2BR,2BA$1.28
San Jose Apartments2-12BR,1BA$1.06
San Montego2 Bedroom2BR,1BA$1.29
Southview2BR/1BA2BR,1BA$1.31
Santa Lucia Apartments1 Bedroom1BR,1BA$1.18

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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Pet Friendly Lifestyle
Loma Terrace, El Paso, TX

Ranked #95

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Loma Terrace, El Paso, TX

School data provided by Great Schools

Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States, including El Paso. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, apartment communities for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Loma Terrace Apartments

What is a cheap apartment in Loma Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Loma Terrace is under $900.

What is the price of a cheap apartment in Loma Terrace?

The cheapest apartment in Loma Terrace is Santa Lucia Apartments which is listed at $689, while the average apartment in Loma Terrace costs $2,293.

What types of apartments are the cheapest in Loma Terrace?

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 11 regular apartments in Loma Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.