
Cheap Apartments for Rent in the Rio Grande Neighborhood of El Paso, TX from $400 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Grande area of El Paso.


1305 Myrtle Ave

1030 Wyoming Ave

Highlander Apartments

Wallington Plaza Apartment Homes
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.

1309 E Rio Grande Ave

701 W Yandell Dr
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.
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
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $802 | $495 | $1,028 |
Rio Grande 1 Bedroom Apartments | $964 | $550 | $1,525 |
Rio Grande 2 Bedroom Apartments | $1,158 | $715 | $2,750 |
Rio Grande 3 Bedroom Apartments | $1,597 | $1,100 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 30 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 Studio unit found at Ramey Apartments priced from $750. Oregon Pearl has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Rio Grande apartments for rent in El Paso, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ramey Apartments | Studio | Studio,1BA | $750 |
Oregon Pearl | Studio | Studio,1BA | $825 |
Sedona Peak | 1 Bedroom | 1BR,1BA | $870 |
Brisa Apartments & Storage | 1 Bedroom, 1 Bathroom | 1BR,1BA | $875 |
Savoy Lofts | A1 | Studio,1BA | $900 |
Magoffin Park Villas | Plan A1- Upgrade* | 1BR,1BA | $970 |
THE 501- Downtown living | 2 Bedroom | 2BR,1BA | $970 |
Alza Dwellings | E1 | Studio,1BA | $1,028 |
Best Value Apartments for Rent in Rio Grande, TX
As of June 19, 2025 the best value apartment in the Rio Grande area is the $1.25 price per square foot A1 Model at The Townhomes at 1400 N. Kansas at River in the in the Segundo Barrio neighborhood starting from $1,695. The second greatest value Rio Grande apartment is the 2 Beds, 1.5 Baths Model at La Mariposa Apartments starting at $1,200 with a $1.00 price per square foot in the San Antonio 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 | A1 | 2BR,1.5BA | $1.25 |
La Mariposa Apartments | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.00 |
820 Prospect St, Unit Lower | 820 Prospect St | 2BR,1BA | $1.07 |
418 Fewel St | 418 Fewel St | 2BR,1BA | $1.07 |
62 Squared Apartments | 2 Beds, 2.5 Baths | 2BR,2.5BA | $1.30 |
Magoffin Park Villas | Plan A1- Upgrade* | 1BR,1BA | $1.50 |
THE 501- Downtown living | 2 Bedroom | 2BR,1BA | $1.57 |
Savoy Lofts | A1 | Studio ,1BA | $1.53 |
Sedona Peak | 1 Bedroom | 1BR,1BA | $1.48 |
Ramey Apartments | Studio | Studio ,1BA | $1.50 |
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.
Pet Friendly LifestyleRio Grande, El Paso, TX
Ranked #102
Among neighborhoods in El Paso, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $750.
How much is rent for a Cheap One Bedroom Rio Grande Apartment?
The lowest price for a Cheap One Bedroom Rio Grande Apartment is $870 at Sedona Peak.
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 $955 at Brisa Apartments & Storage.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.