Cheap Apartments for Rent in the Loma Terrace Neighborhood of El Paso, TX from $300 (9 Rentals)

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Canyon Square Village
1 to 4 Bedroom Apartments

Canyon Square Village

8622 N Loop DrEl Paso, TX 79907
  • Utilities Included

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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Western Carolina
1 to 2 Bedroom Apartments

Western Carolina

900 N Carolina DrEl Paso, TX 79915
Senior Living
  • Utilities Included
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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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Chaparral Apartments
1 to 2 Bedroom Apartments

Chaparral Apartments

9615 Sims DrEl Paso, TX 79925
  • 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.

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 2 Beds unit found at Paso Este priced from $750. Cedar Oak Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $758. Here are the most affordable Loma Terrace apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Paso Este2 Bedroom 1 Bath2BR,1BA$750
Cedar Oak Townhomes1 Bedroom1BR,1BA$758
San Marcos Apartment HomesAzalea Suit1BR,1BA$785

Best Value Apartments for Rent in Loma Terrace, TX

As of January 03, 2026 the best value apartment in the Loma Terrace area is the $1.05 price per square foot 2 Bedroom Model at Paseo Park Apartments in the in the Ascarate neighborhood starting from $905. The second greatest value Loma Terrace apartment is the Two Bedroom 1 Bath Model at Las Gardenias starting at $899 with a $1.20 price per square foot in the Vista Del Sol 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.
Paseo Park Apartments2 Bedroom2BR,1BA$1.05
Las GardeniasTwo Bedroom 1 Bath2BR,1BA$1.20
Valley Place Apartments2 BEDROOM 1 BATH2BR,1BA$1.16
RIDGEMARCielo1BR,1BA$1.28
Cedar Oak Townhomes1 Bedroom1BR,1.5BA$1.04
La PlazaFloor Plan A1BR,1BA$1.30
San Montego2 Bedroom2BR,1BA$1.26
Tigua Village- Income RestrictedTwo Bedroom A2BR,1BA$1.31
The Masters Community1 Bedroom1BR,1BA$1.33
Paso Este2 Bedroom 1 Bath2BR,1BA$1.20

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

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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 #81

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $880.

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

The cheapest apartment in Loma Terrace is Cedar Oak Townhomes which is listed at $758, while the average apartment in Loma Terrace costs $1,522.

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 31 regular apartments in Loma Terrace 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 Loma Terrace?

Cheap apartments in Loma Terrace have an average cost of $931 which is $591 cheaper than the average rent for all rentals in Loma Terrace.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.