
Cheap Apartments for Rent in the Terrace Hills Neighborhood of El Paso, TX from $400 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Terrace Hills area of El Paso.


North Mountain Village

Raintree Village

The Caterina

Agave Courtyard

Amigos Del Sol Apartments

Fairbanks Apartments

La Mirada Apartments
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.

Pine Village Apartments

Maximus Apartments

Butterfield Trail Apartments

Paso Norte Apartments

TransMountain Apartments

Patriot

Mountain Vista Apartment Homes

Forty 649
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.

Bella Estancias

Desert Sun Apartments

Munoz Manor Apartments

Western Crosby Apartments

Greenbriar Manor Apartments

Sagewood Apartments

Paseo at McCombs

10132 Dyer St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

NCDO Housing

5947 Deer Ave

10452 Persephone Dr

5008 Royal Dr

10109 Milan St

9523 Charleston St

5904 Cielo Del Rey Pl

10212 Fertell 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.

10708 Levelland Pl
Terrace Hills, El Paso, TX Local Guide

How much does it cost to rent an apartment in Terrace Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Terrace Hills Studio Apartments | $760 | $678 | $798 |
| Terrace Hills 1 Bedroom Apartments | $1,039 | $696 | $1,395 |
| Terrace Hills 2 Bedroom Apartments | $1,193 | $820 | $1,597 |
| Terrace Hills 3 Bedroom Apartments | $1,380 | $962 | $1,980 |
| Terrace Hills 4 Bedroom Apartments | $1,200 | $1,200 | $1,200 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Terrace Hills Neighborhood of El Paso, TX.
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Terrace Hills, El Paso, TX Local Guide
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Cheapest Available Terrace Hills Apartments for Rent
 The cheapest available apartment rental in the Terrace Hills area of El Paso, TX is a Studio unit found at Raintree Village priced from $725. Parkland Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $738. Here are the most affordable Terrace Hills apartments for rent in El Paso, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Raintree Village | Studio | Studio,1BA | $725 |
| Parkland Pointe | 1x1 | 1BR,1BA | $738 |
| Agave Courtyard | A1 | 1BR,1BA | $765 |
| Fairbanks Apartments | 1 Bedroom | 1BR,1BA | $780 |
| Sagewood Apartments | A1 | 1BR,1BA | $825 |
| Pine Village Apartments | 1BD/1BA | 1BR,1BA | $830 |
| Maximus Apartments | 1 Bedroom/ 1 Bath | 1BR,1BA | $850 |
| The Caterina | The Mesa | 1BR,1BA | $850 |
| Butterfield Trail Apartments | A1 | 1BR,1BA | $860 |
| La Mirada Apartments | 2 Bed 1 Bath | 2BR,1BA | $920 |
Best Value Apartments for Rent in Terrace Hills, TX
As of June 23, 2026 the best value apartment in the Terrace Hills area is the $1.17 price per square foot 2 Bedroom 2 Bath Model at McCombs Village in the in the North Park neighborhood starting from $1,425. The second greatest value Terrace Hills apartment is the 1 Bedroom Model at Fairbanks Apartments starting at $780 with a $0.79 price per square foot in the North Park neighborhood. Here is today’s list of the best values for Terrace Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| McCombs Village | 2 Bedroom 2 Bath | 2BR,2BA | $1.17 |
| Fairbanks Apartments | 1 Bedroom | 1BR,1.5BA | $0.79 |
| Amigos Del Sol Apartments | 2 Bedroom 1 1/5 Bath Flat | 2BR,1.5BA | $1.22 |
| La Mirada Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.21 |
| Sagewood Apartments | A1 | 1BR,1BA | $1.10 |
| The Caterina | The Mesa | 1BR,1BA | $1.16 |
| Parkland Pointe | 2x1 | 2BR,1BA | $1.27 |
| Butterfield Trail Apartments | A1 | 1BR,1BA | $1.29 |
| Maximus Apartments | 1 Bedroom/ 1 Bath | 1BR,1BA | $1.36 |
| Agave Courtyard | A1 | 1BR,1BA | $1.28 |
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.
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including El Paso. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Terrace Hills Apartments
How much is rent for a Cheap One Bedroom Terrace Hills Apartment?
The lowest price for a Cheap One Bedroom Terrace Hills Apartment is $738 at Parkland Pointe.
What is the lowest price for a Cheap Two Bedroom Terrace Hills Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Terrace Hills is starting from $800 at Agave Courtyard.
What is the most affordable Terrace Hills Three Bedroom Apartment?
The best deal on a cheap Terrace Hills Three Bedroom Apartment rental is at Agave Courtyard and starts from $1,000.
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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.