
Cheap Apartments for Rent in the Rio Grande Neighborhood of El Paso, TX from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Grande area of El Paso.


521 W Missouri Ave

1114 E Rio Grande Ave

1526 Yandell Dr

705 N St Vrain St

1211 N Ochoa St

Highlander Apartments
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.

1820 Montana Ave

1309 E Rio Grande Ave

512 Prospect St

Ramey Apartments

Wyoming Pearl

D Lamar Apartments

1601 El Paso St
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.

The Pearl Apartments

Tres Vistas

1964 Murchison Dr

610 Prospect

Cliff Terrace & On the Hill Apartments

The Wallace Apartments

Blue Flame Apartments
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.

Martin Lofts

410 W Yandell

1026 Myrtle Ave

1707 N Stanton St

1415 Brown St

412 W. Yandell Drive

1024 N Oregon St
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

1012-1016 N Oregon St

1217 N Mesa

1201 N St Vrain St
Rio Grande, El Paso, TX Local Guide

How much does it cost to rent an apartment in Rio Grande?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rio Grande Studio Apartments | $806 | $525 | $1,028 |
| Rio Grande 1 Bedroom Apartments | $922 | $445 | $1,525 |
| Rio Grande 2 Bedroom Apartments | $1,325 | $750 | $2,750 |
| Rio Grande 3 Bedroom Apartments | $1,438 | $1,189 | $2,045 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 1 mile radius of the Rio Grande Neighborhood of El Paso, TX.
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Rio Grande, El Paso, TX Local Guide
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Cheapest Available Rio Grande Apartments for Rent
 The cheapest available apartment rental in the Rio Grande area of El Paso, TX is a 1 Bed unit found at Highlander Apartments priced from $720. Ramey Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Rio Grande apartments for rent in El Paso, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highlander Apartments | 1 Bedroom | 1BR,1BA | $720 |
| Ramey Apartments | Studio | Studio,1BA | $725 |
| Wyoming Pearl | 1 Bedroom 1 Bathroom | 1BR,1BA | $750 |
| Sedona Peak | 1 Bedroom | 1BR,1BA | $870 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
| THE 501- Downtown living | B4 | 2BR,1BA | $979 |
| Prospect Street Apartments | 1-1 Upstairs + Garage | 1BR,1BA | $1,000 |
| Alza Dwellings | E1 | Studio,1BA | $1,028 |
| La Mariposa Apartments | 2 Beds, 1.5 Baths | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Rio Grande, TX
As of January 08, 2026 the best value apartment in the Rio Grande area is the $1.30 price per square foot C1 Model at The Townhomes at 1400 N. Kansas at River in the in the San Antonio neighborhood starting from $1,985. The second greatest value Rio Grande apartment is the 822 Prospect St Model at 822 Prospect St starting at $1,299 with a $1.08 price per square foot in the Sunset Heights neighborhood. Here is today’s list of the best values for Rio Grande apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townhomes at 1400 N. Kansas at River | C1 | 3BR,2.5BA | $1.30 |
| 822 Prospect St | 822 Prospect St | 2BR,1BA | $1.08 |
| Prospect Street Apartments | 1-1 Upstairs + Garage | 1BR,1BA | $0.92 |
| Nuestra Senora | 2 Bed 2 Bath | 2BR,2BA | $1.42 |
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.22 |
| THE 501- Downtown living | B4 | 2BR,1BA | $1.63 |
| Savoy Lofts | A1 | Studio ,1BA | $1.53 |
| Sedona Peak | 1 Bedroom | 1BR,1BA | $1.48 |
| Ramey Apartments | Studio | Studio ,1BA | $1.45 |
| Highlander Apartments | 1 Bedroom | 1BR,1BA | $1.45 |
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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.
Best Local Schools in Rio Grande, El Paso, TX
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Rio Grande, El Paso, and the greater El Paso area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, family-friendly amenities, raising pets, transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Rio Grande Apartments
What is the Cheapest Studio apartment in Rio Grande?
Currently the most affordable Cheap Studio Apartment in Rio Grande is at Ramey Apartments listed at $725.
How much is rent for a Cheap One Bedroom Rio Grande Apartment?
The lowest price for a Cheap One Bedroom Rio Grande Apartment is $720 at Highlander Apartments.
What is the lowest price for a Cheap Two Bedroom Rio Grande Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rio Grande is starting from $979 at THE 501- Downtown living.
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.

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.

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.

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.