Cheap Apartments for Rent in the Lomas Del Rey Neighborhood of El Paso, TX from $500 (65 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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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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Alza Dwellings
$1,121 - $1,593
Total Monthly Price

Total Monthly Price

Base Rent
$1,121 - $1,593
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

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.

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property at 4800 N Stanton St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Total Monthly Price
$1,195

1 Bedroom, 1 Bath Condo for Rent

Available May 1

4800 N Stanton St, Unit 16, Unit 16

4800 N Stanton St
El PasoTX79902
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5236 Carousel Dr
Studio to 2 Bedroom Apartments

5236 Carousel Dr

5236 Carousel DrEl Paso, TX 79912
  • Utilities Included

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

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Showing Results 1-50, Page 1 of 2

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 Carousel Plaza Apartments priced from $595. Vista Sol El Paso has the second lowest priced unit, which is a Studio apartment currently listed from $627. Here are the most affordable Lomas Del Rey apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Carousel Plaza ApartmentsStudioStudio,1BA$595
Vista Sol El PasoStudioStudio,1BA$627
The EstatesS2Studio,1BA$715
Trio ApartmentsStudio,Kitchen,Utilities,1BathStudio,1BA$760
Paso Oeste Apartments2 Bedroom 1 Bath2BR,1BA$780
Wallington Plaza Apartment Homes1X11BR,1BA$780
The Preserve at Mesa HillsThe Hot Springs1BR,1BA$795
Caprock Apartment Homes1 Bed 1 Bath1BR,1BA$799
Suncrest Apartments1 Bedroom1BR,1BA$800
Santa Fe PlacePueblo1BR,1BA$830

Best Value Apartments for Rent in Lomas Del Rey, TX

As of April 10, 2026 the best value apartment in the Lomas Del Rey area is the $1.08 price per square foot Building A Unit 5 Model at Luxx Verge Villas in the in the Mission Hills neighborhood starting from $1,999. The second greatest value Lomas Del Rey apartment is the 3 Bedroom 3 Bath Model at Rubin Heights starting at $1,450 with a $0.89 price per square foot in the Mission Hills 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.
Luxx Verge VillasBuilding A Unit 53BR,3BA$1.08
Rubin Heights3 Bedroom 3 Bath3BR,3BA$0.89
Overlook Apartments2x2 TH W/D2BR,1.5BA$1.14
Kings Hill ApartmentsTwo Bedroom Townhome2BR,1.5BA$1.01
Tio Cooper3 Bedroom 1 Bath3BR,1BA$0.90
El Dorado Apartments2 Bedroom2BR,1BA$0.94
The Hills At North Mesa2 Bedroom2BR,1BA$1.16
Villa De Leon Apartments2 Bedroom 1 Bath Renovated Unit2BR,1BA$1.15
Seville West Apartments1BD/1BA1BR,1BA$1.06
Paso Oeste Apartments1 Bedroom 1 Bath1BR,1BA$1.13

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 $830.

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

The cheapest apartment in Lomas Del Rey is Wallington Plaza Apartment Homes which is listed at $780, while the average apartment in Lomas Del Rey costs $1,223.

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 12 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 $1,084 which is $139 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.

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.