Cheap Homes for Rent in Terrace Hills Neighborhood of El Paso, TX from $1,200 (7 Rentals)

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Search the lowest-cost Homes 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.

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.

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 ListingModel NameBed/BathPriced From
Raintree VillageStudioStudio,1BA$725
Parkland Pointe1x11BR,1BA$738
Agave CourtyardA11BR,1BA$765

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 ListingModel NameBed/BathPrice Per Sq.Ft.
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
Sagewood ApartmentsA11BR,1BA$1.10
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

Frequently Asked Questions about Terrace Hills

What type of rentals are currently available in Terrace Hills?

There are currently 54 Apartments for Rent in Terrace Hills, TX with pricing that ranges from $678 to $1,980. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Terrace Hills ranging from $1,250 to $3,500.

What is the current price range for Rental Homes in Terrace Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Terrace Hills ranges from $1,250 to $3,500 with an average monthly rent of $1,677.

How much are larger Three and Four Bedroom Rentals in Terrace Hills?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Terrace Hills range from $962 to $1,980, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,200.

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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

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.

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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.