
Cheap Homes for Rent in Terrace Hills Neighborhood of El Paso, TX from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Terrace Hills area of El Paso.


10452 Persephone Dr

5008 Royal Dr
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.

10109 Milan St

5904 Cielo Del Rey Pl

10212 Fertell St
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.

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

How much does it cost to rent a home in Terrace Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Terrace Hills 2 Bedroom Homes for Rent | $1,250 | $1,250 | $1,250 |
| Terrace Hills 3 Bedroom Homes for Rent | $1,558 | $1,250 | $2,200 |
| Terrace Hills 4 Bedroom Homes for Rent | $2,225 | $1,450 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Terrace Hills Neighborhood of El Paso, TX.
Explore El Paso
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 |
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 |
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

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.