Cheap Homes for Rent in the Rio Grande Neighborhood of El Paso, TX from $400 (13 Rentals)

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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.

property at 308 Hills St

$795

2 Bedroom Rentals

Available Now

308 Hills St

El PasoTX79901

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.

Rio Grande, El Paso, TX Local Guide

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 $725. 1707 N Stanton St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Rio Grande apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Ramey ApartmentsStudioStudio,1BA$725
1707 N Stanton St1 Bed/1 Bath1BR,1BA$750
Savoy LoftsA1Studio,1BA$900
Sedona Peak1 Bedroom1BR,1BA$935
Diplomat Apartments1 Bedroom1BR,1BA$949

Best Value Apartments for Rent in Rio Grande, TX

As of July 16, 2026 the best value apartment in the Rio Grande area is the $1.32 price per square foot B4 Model at The Townhomes at 1400 N. Kansas at River in the in the San Antonio neighborhood starting from $1,795. The second greatest value Rio Grande apartment is the 2 Bedroom Model at Diplomat Apartments starting at $1,450 with a $1.61 price per square foot in the Segundo Barrio neighborhood. Here is today’s list of the best values for Rio Grande apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhomes at 1400 N. Kansas at RiverB42BR,1.5BA$1.32
Diplomat Apartments2 Bedroom2BR,1.5BA$1.61
La Mariposa Apartments2 Beds, 1 Baths2BR,1BA$1.22
1305 E San Antonio Ave, Unit 1305 E San Antonio Unit B1305 E San Antonio Ave2BR,1BA$1.29
820 Prospect St820 Prospect St2BR,1BA$1.29
1014 Brown St1014 Brown St2BR,1BA$2.64
1707 N Stanton St2 Bed/1 Bath2BR,1BA$1.28
Savoy LoftsA1Studio ,1BA$1.53
Sedona Peak1 Bedroom1BR,1BA$1.59
Ramey ApartmentsStudioStudio ,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.

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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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Frequently Asked Questions about Rio Grande

What type of rentals are currently available in Rio Grande?

There are currently 289 Apartments for Rent in Rio Grande, TX with pricing that ranges from $550 to $2,550. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Grande ranging from $450 to $3,000.

What is the current price range for Rental Homes in Rio Grande?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rio Grande ranges from $450 to $3,000 with an average monthly rent of $1,564.

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.