
Cheap Homes for Rent in the Rio Grande Neighborhood of El Paso, TX from $400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Rio Grande area of El Paso.


1009 N Florence St

1005 Arizona Ave

1030 Wyoming Ave

1005 Arizona Ave

1005 Arizona Ave
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.

1104 Myrtle Ave

1114 El Paso St

900 E Baltimore Dr

317 Park

1909 Yandell Dr

308 Hills St
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.

1910 N Stanton St
Rio Grande, El Paso, TX Local Guide

How much does it cost to rent a home in Rio Grande?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rio Grande 2 Bedroom Homes for Rent | $1,523 | $795 | $1,900 |
| Rio Grande 3 Bedroom Homes for Rent | $1,924 | $1,295 | $2,400 |
| Rio Grande 5 Bedroom Homes for Rent | $2,925 | $2,850 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ramey Apartments | Studio | Studio,1BA | $725 |
| 1707 N Stanton St | 1 Bed/1 Bath | 1BR,1BA | $750 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
| Sedona Peak | 1 Bedroom | 1BR,1BA | $935 |
| Diplomat Apartments | 1 Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townhomes at 1400 N. Kansas at River | B4 | 2BR,1.5BA | $1.32 |
| Diplomat Apartments | 2 Bedroom | 2BR,1.5BA | $1.61 |
| La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.22 |
| 1305 E San Antonio Ave, Unit 1305 E San Antonio Unit B | 1305 E San Antonio Ave | 2BR,1BA | $1.29 |
| 820 Prospect St | 820 Prospect St | 2BR,1BA | $1.29 |
| 1014 Brown St | 1014 Brown St | 2BR,1BA | $2.64 |
| 1707 N Stanton St | 2 Bed/1 Bath | 2BR,1BA | $1.28 |
| Savoy Lofts | A1 | Studio ,1BA | $1.53 |
| Sedona Peak | 1 Bedroom | 1BR,1BA | $1.59 |
| Ramey Apartments | Studio | Studio ,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 ArticleReal 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.
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
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

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.

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.

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.

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.