Cheap Apartments for Rent in the Lomas Del Rey Neighborhood of El Paso, TX from $500 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lomas Del Rey 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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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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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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Alza Dwellings
Rent Specials
$1,126 - $1,468
Total Monthly Price

Total Monthly Price

Base Rent
$1,126 - $1,468
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Alza Dwellings

1831 Murchison DrEl Paso, TX 79902
Furnished
  • Verified
  • Customer Reviewed
  • 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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5236 Carousel Dr
Studio to 2 Bedroom Apartments

5236 Carousel Dr

5236 Carousel DrEl Paso, TX 79912
  • Utilities Included
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Del Prado Apartments
1 to 3 Bedroom Apartments

Del Prado Apartments

300 Shadow Mountain DrEl Paso, TX 79912
  • 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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Lomas Del Rey, El Paso, TX Local Guide

Cheapest Available Lomas Del Rey Apartments for Rent

 

The cheapest available apartment rental in the Lomas Del Rey area of El Paso, TX is a Studio unit found at Vista Sol El Paso priced from $627. Overlook Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $758. Here are the most affordable Lomas Del Rey apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Vista Sol El PasoStudioStudio,1BA$627
Overlook ApartmentsEFF1BR,1BA$758
Trio ApartmentsStudio,Kitchen,Utilities,1BathStudio,1BA$760
Wallington Plaza Apartment Homes1X11BR,1BA$780
Paso Oeste Apartments1 Bedroom 1 Bath1BR,1BA$780
Desert Pearl ApartmentsStudioStudio,1BA$785
The Preserve at Mesa HillsThe Hot Springs1BR,1BA$795
Santa Fe PlacePueblo1BR,1BA$830
Terrace HillS1RStudio,1BA$843
Vista Ventana Apartments2-12BR,1BA$845

Best Value Apartments for Rent in Lomas Del Rey, TX

As of July 10, 2026 the best value apartment in the Lomas Del Rey area is the $0.66 price per square foot 3 Bedroom 2 Bath Home Model at Rubin Heights in the in the Mission Hills neighborhood starting from $1,275. The second greatest value Lomas Del Rey apartment is the Building A Unit 1-6 Model at Luxx Verge Villas starting at $1,850 with a $1.02 price per square foot in the Ridgecrest neighborhood. Here is today’s list of the best values for Lomas Del Rey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rubin Heights3 Bedroom 2 Bath Home3BR,2.5BA$0.66
Luxx Verge VillasBuilding A Unit 1-63BR,3BA$1.02
Tio Cooper3 Bedroom 1 Bath3BR,1BA$0.90
The Hills At North Mesa2 Bedroom2BR,1BA$1.16
Kings Hill ApartmentsOne Bedroom Loft1BR,1.5BA$1.12
Seville West Apartments1BD/1BA1BR,1BA$1.06
Las LomasB12BR,1BA$1.19
Copper Commons1BD/1BA1BR,1BA$1.15
Vista Ventana Apartments2-12BR,1BA$1.21
Paso Oeste Apartments1 Bedroom 1 Bath1BR,1BA$1.13

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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Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Texas and customized analysis for Southwest Central El Paso, TX. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lomas Del Rey Apartments

What is a cheap apartment in Lomas Del Rey?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lomas Del Rey is under $845.

What is the price of a cheap apartment in Lomas Del Rey?

The cheapest apartment in Lomas Del Rey is Overlook Apartments which is listed at $758, while the average apartment in Lomas Del Rey costs $1,330.

What types of apartments are the cheapest in Lomas Del Rey?

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 8 regular apartments in Lomas Del Rey 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 Lomas Del Rey?

Cheap apartments in Lomas Del Rey have an average cost of $556 which is $774 cheaper than the average rent for all rentals in Lomas Del Rey.

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.