Cheap Apartments for Rent in the Terrace Hills Neighborhood of El Paso, TX from $400 (41 Rentals)

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

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.

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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.

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Desert Sun Apartments
1 Bedroom Apartments

Desert Sun Apartments

10406 Rushing RdEl Paso, TX 79924
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Western Crosby Apartments
1 to 2 Bedroom Apartments

Western Crosby Apartments

5010 Raymond Telles DrEl Paso, TX 79924
Senior Living
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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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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.

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10132 Dyer St
3 Bedroom Apartments

10132 Dyer St

10132 Dyer StEl Paso, TX 79924
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NCDO Housing
2 to 3 Bedroom Apartments

NCDO Housing

5250 Wren AveEl Paso, TX 79924
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Arrowhead Place
3 to 4 Bedroom Apartments

Arrowhead Place

5051 Trojan DrEl Paso, TX 79924

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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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Showing Results 1-41, 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 Raintree Village priced from $725. Agave Courtyard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Terrace Hills apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Raintree VillageStudioStudio,1BA$725
Agave CourtyardA11BR,1BA$765
Sagewood ApartmentsA11BR,1BA$765
Fairbanks Apartments1 Bedroom1BR,1BA$780
Pine Village Apartments1BD/1BA1BR,1BA$830
Maximus Apartments1 Bedroom/ 1 Bath1BR,1BA$850
The CaterinaThe Mesa1BR,1BA$850
TransMountain Apartments1 Bedroom Apartment1BR,1BA$850
Parkland Pointe2x12BR,1BA$858
Butterfield Trail ApartmentsA11BR,1BA$860

Best Value Apartments for Rent in Terrace Hills, TX

As of April 21, 2026 the best value apartment in the Terrace Hills area is the $0.78 price per square foot C2 Model at Sagewood Apartments in the in the North Park neighborhood starting from $1,055. The second greatest value Terrace Hills apartment is the 2 Bedroom 2 Bath Model at McCombs Village starting at $1,425 with a $1.17 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.
Sagewood ApartmentsC23BR,2BA$0.78
McCombs Village2 Bedroom 2 Bath2BR,2BA$1.17
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
Amigos Del Sol Apartments2 Bedroom 1 1/5 Bath Flat2BR,1.5BA$1.22
La Mirada Apartments2 Bed 1 Bath2BR,1BA$1.21
The CaterinaThe Mesa1BR,1BA$1.16
Parkland Pointe2x12BR,1BA$1.27
Butterfield Trail ApartmentsA11BR,1BA$1.29
Maximus Apartments1 Bedroom/ 1 Bath1BR,1BA$1.36
Agave CourtyardA11BR,1BA$1.28

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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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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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

What is the Cheapest Studio apartment in Terrace Hills?

Currently the most affordable Cheap Studio Apartment in Terrace Hills is at Raintree Village listed at $725.

How much is rent for a Cheap One Bedroom Terrace Hills Apartment?

The lowest price for a Cheap One Bedroom Terrace Hills Apartment is $765 at Agave Courtyard.

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

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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.