Cheap Homes for Rent in Palomino Neighborhood of El Paso, TX from $1,100 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in the Palomino 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.

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.

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.

Palomino, El Paso, TX Local Guide

Cheapest Available Palomino Apartments for Rent

 

The cheapest available apartment rental in the Palomino area of El Paso, TX is a 1 Bed unit found at Parkland Pointe priced from $738. Fairbanks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here are the most affordable Palomino apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Parkland Pointe1x11BR,1BA$738
Fairbanks Apartments1 Bedroom1BR,1BA$780
Sagewood ApartmentsA11BR,1BA$825
Pine Village Apartments1BD/1BA1BR,1BA$830
The CaterinaThe Mesa1BR,1BA$850

Best Value Apartments for Rent in Palomino, TX

As of June 12, 2026 the best value apartment in the Palomino area is the $1.17 price per square foot 2 Bedroom 2 Bath Model at McCombs Village in the in the North Park neighborhood starting from $1,425. The second greatest value Palomino apartment is the 3 Bedroom Model at Patriot Palms starting at $1,165 with a $1.08 price per square foot in the North Park neighborhood. Here is today’s list of the best values for Palomino apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
McCombs Village2 Bedroom 2 Bath2BR,2BA$1.17
Patriot Palms3 Bedroom3BR,2BA$1.08
Desert Sky Townhomes2 Bedroom 2.5 Bathrooms2BR,2.5BA$1.39
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
Van Horne Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.92
Amigos Del Sol Apartments2 Bedroom 1 1/5 Bath Flat2BR,1.5BA$1.22
La Mirada Apartments2 Bed 1 Bath2BR,1BA$1.21
Sagewood ApartmentsA11BR,1BA$1.10
The CaterinaThe Mesa1BR,1BA$1.16
Parkland Pointe2x12BR,1BA$1.27

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
Palomino, El Paso, TX

Ranked #106

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Palomino

What type of rentals are currently available in Palomino?

There are currently 57 Apartments for Rent in Palomino, TX with pricing that ranges from $678 to $2,599. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palomino ranging from $1,100 to $3,500.

What is the current price range for Rental Homes in Palomino?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Palomino ranges from $1,100 to $3,500 with an average monthly rent of $1,620.

How much are larger Three and Four Bedroom Rentals in Palomino?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Palomino range from $1,015 to $2,299, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,200.

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

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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 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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.