
Cheap Apartments for Rent in the Montwood Neighborhood of El Paso, TX from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Montwood area of El Paso.


Paseo Park Apartments

Villas at Sandstone

The Masters Community

Whispering Pines

Dieter Pines Apartments

Valley Ridge Apartments
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.

Western Eastside Seniors

Western Pellicano Apartments

Western Pebble Hills

Saul Kleinfeld

Sunny Villas

Sunset Vista Seniors

Keystone Place
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.
Montwood, El Paso, TX Local Guide

How much does it cost to rent an apartment in Montwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montwood Studio Apartments | $1,016 | $1,013 | $1,023 |
| Montwood 1 Bedroom Apartments | $1,123 | $750 | $1,742 |
| Montwood 2 Bedroom Apartments | $1,386 | $905 | $2,097 |
| Montwood 3 Bedroom Apartments | $1,605 | $1,050 | $2,850 |
| Montwood 4 Bedroom Apartments | $1,468 | $1,236 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Montwood Neighborhood of El Paso, TX.
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Montwood, El Paso, TX Local Guide
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Cheapest Available Montwood Apartments for Rent
 The cheapest available apartment rental in the Montwood area of El Paso, TX is a 1 Bed unit found at The Masters Community priced from $850. Whispering Pines has the second lowest priced unit, which is a 1 Bed apartment currently listed from $863. Here are the most affordable Montwood apartments for rent in El Paso, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Masters Community | 1 Bedroom | 1BR,1BA | $850 |
| Whispering Pines | 1 Bed, 1 Bath A (80% Income Restricted) | 1BR,1BA | $863 |
| Dieter Pines Apartments | The Cypress | 1BR,1BA | $868 |
| Valley Ridge Apartments | 1 Bedroom | 1BR,1BA | $890 |
| Paseo Park Apartments | 2 Bedroom | 2BR,1BA | $905 |
Best Value Apartments for Rent in Montwood, TX
As of April 11, 2026 the best value apartment in the Montwood area is the $1.28 price per square foot Mountain Air Model at Villas at Zaragosa in the in the Vista Del Sol neighborhood starting from $1,300. The second greatest value Montwood apartment is the 2 Bed, 1 Bath A Model at Wind Tree starting at $1,386 with a $1.44 price per square foot in the Vista Del Sol neighborhood. Here is today’s list of the best values for Montwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas at Zaragosa | Mountain Air | 2BR,2BA | $1.28 |
| Wind Tree | 2 Bed, 1 Bath A | 2BR,1BA | $1.44 |
| Summerstone Elite Apartment Homes | 2 Bedroom Penthouse (Garage Inlcuded) | 2BR,2BA | $1.54 |
| Villas at Sandstone | 2 Bed 1 Bath | 2BR,1BA | $1.03 |
| Castilleja Apartments | B1 | 2BR,1BA | $1.48 |
| Paseo Park Apartments | 2 Bedroom | 2BR,1BA | $1.05 |
| Las Mansiones | A1 | 1BR,1BA | $1.42 |
| The Masters Community | 1 Bedroom | 1BR,1BA | $1.33 |
| Dieter Pines Apartments | The Cypress | 1BR,1BA | $1.55 |
| Valley Ridge Apartments | 1 Bedroom | 1BR,1BA | $1.63 |
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.
Read ArticleWhere 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.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick 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.
Pet Friendly LifestyleMontwood, El Paso, TX
Ranked #42
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Montwood Apartments
What is the price of a cheap apartment in Montwood?
The cheapest apartment in Montwood is The Masters Community which is listed at $850, while the average apartment in Montwood costs $1,542.
What types of apartments are the cheapest in Montwood?
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 Montwood 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 Montwood?
Cheap apartments in Montwood have an average cost of $597 which is $945 cheaper than the average rent for all rentals in Montwood.
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

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.

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.

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.

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.