Cheap Homes for Rent in Rio Grande Neighborhood of El Paso, TX from $500 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the Rio Grande area of El Paso.

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.

property at 1107 Myrtle Ave

1107 Myrtle Ave

El PasoTX79901

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

property at 1107 Myrtle Ave

1107 Myrtle Ave

El PasoTX79901

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. Sedona Peak has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here are the most affordable Rio Grande apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Ramey ApartmentsStudioStudio,1BA$725
Sedona Peak1 Bedroom1BR,1BA$870
Savoy LoftsA1Studio,1BA$900
Oregon Pearl1 Bedroom1BR,1BA$925
La Mariposa Apartments2 Beds, 1 Baths2BR,1BA$1,200

Best Value Apartments for Rent in Rio Grande, TX

As of July 31, 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 San Antonio neighborhood starting from $1,695. The second greatest value Rio Grande apartment is the 2 Beds, 2.5 Baths Model at 62 Squared Apartments starting at $1,245 with a $1.25 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 RiverA12BR,1.5BA$1.25
62 Squared Apartments2 Beds, 2.5 Baths2BR,2.5BA$1.25
La Mariposa Apartments2 Beds, 1 Baths2BR,1BA$1.33
820 Prospect St820 Prospect St2BR,1BA$1.40
Oregon Pearl1 Bedroom1BR,1BA$1.42
1944 Arizona Ave, Unit 1944 Arizona Ave Unit 11944 Arizona Ave1BR,1BA$2.54
Savoy LoftsA1Studio ,1BA$1.53
Sedona Peak1 Bedroom1BR,1BA$1.48
Alza DwellingsA11BR,1BA$2.25
Ramey ApartmentsStudioStudio ,1BA$1.45

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Frequently Asked Questions about Rio Grande

What type of rentals are currently available in Rio Grande?

There are currently 297 Apartments for Rent in Rio Grande, TX with pricing that ranges from $625 to $2,750. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Grande ranging from $550 to $6,000.

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 $550 to $6,000 with an average monthly rent of $1,779.

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.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.