Cheap Apartments for Rent in the Terrace Hills Neighborhood of El Paso, TX from $400 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Terrace Hills area of El Paso.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Desert Sun Apartments
1 Bedroom Apartments

Desert Sun Apartments

10406 Rushing RdEl Paso, TX 79924
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Paseo at McCombs
1 to 3 Bedroom Apartments

Paseo at McCombs

10626 McCombs StEl Paso, TX 79924
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10132 Dyer St
3 Bedroom Apartments

10132 Dyer St

10132 Dyer StEl Paso, TX 79924
  • Utilities Included

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-38, Page 1 of 1

Terrace Hills, El Paso, TX Local Guide

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 The Caterina priced from $735. Fairbanks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here are the most affordable Terrace Hills apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
The CaterinaStudioStudio,1BA$735
Fairbanks Apartments1 Bedroom1BR,1BA$780
Parkland Pointe1x11BR,1BA$788
Agave CourtyardA11BR,1BA$800
Sagewood ApartmentsA11BR,1BA$825
Pine Village Apartments1BD/1BA1BR,1BA$830
La Mirada Apartments2 Bed 1 Bath2BR,1BA$920
TransMountain Apartments1 Bedroom Apartment1BR,1BA$970
Mountain Vista Apartment Homes1 Bedroom1BR,1BA$998
Forty 649Mimosa1BR,1BA$1,130

Best Value Apartments for Rent in Terrace Hills, TX

As of August 09, 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 Three bedroom 2 bath Model at Patriot starting at $1,540 with a $1.44 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 ListingModel NameBed/BathPrice Per Sq.Ft.
McCombs Village2 Bedroom 2 Bath2BR,2BA$1.17
PatriotThree bedroom 2 bath3BR,2BA$1.44
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
La Mirada Apartments2 Bed 1 Bath2BR,1BA$1.21
Sagewood ApartmentsA11BR,1BA$1.10
Forty 649Mimosa1BR,1BA$1.59
Parkland Pointe2x12BR,1BA$1.27
Agave CourtyardA11BR,1BA$1.33
TransMountain Apartments1 Bedroom Apartment1BR,1BA$1.62
Pine Village Apartments1BD/1BA1BR,1BA$1.46

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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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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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 $780 at The Caterina.

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 $858 at Parkland Pointe.

What is the most affordable Terrace Hills Three Bedroom Apartment?

The best deal on a cheap Terrace Hills Three Bedroom Apartment rental is at Pine Village Apartments and starts from $1,015.

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 Where to Rent in El Paso: A Locals Guide to Apartments Near Major Universities article

Where to Rent in El Paso: A Locals Guide to Apartments Near Major Universities

Written by: Lori Rosario

El Paso is a uniquely charming city with a rich culture and history.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.