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Cheap Apartments for Rent in El Paso, TX - 10 Rentals available

Apartments Under $500

  • Apartment
    1501 Lomaland, El Paso, TX 79935
    $456 - $1,270
    • Studio-3 Beds
    • 1-2 Baths
    Premier Asset Management Inc.
    Available Today! Last updated 20 Jul 2019
    (844) 871-3367

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Renting a Cheap Apartment in El Paso

Located on the U.S. border with Mexico, El Paso has seen tremendous growth in the last several years due to an influx of soldiers and families to Fort Bliss, the U.S. Army base located there. This Texas city (controlled by the Spanish during the its early settlement) was a major manufacturing center for companies making jeans, but those factories have now mostly closed. El Paso gets more than 300 days of sunshine a year and has a hot desert climate. Tourism, call centers, agriculture and government account for many area jobs. Excellent Mexican food is easy to find here.

El Paso, TX Demographics

  • Total Population678,266
  • Female 330,360
    Male 347,906
  • Median Age32.8

Average Rent in El Paso, TX

  • El Paso, TX Average Rental Price, July 2019$773/mo

El Paso, TX Apartment Rent Ranges

  • < $5002%
  • $501-$70038%
  • $701-$1,00049%
  • $1,001-$1,50010%

El Paso, TX Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Sept / 2018 Jul / 2019
El Paso, TX $738 $744 $743 $731 $742 $745 $736 $737 $775 $773
National $1,313 $1,342 $1,344 $1,348 $1,377 $1,378 $1,386 $1,420 $1,425 $1,432
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El Paso, TX Households

  • Total Number of Households223,164
  • Family 161,551
    Non-family 61,613
  • Children 88,040
    No Children 135,124
  • Average People Per Household3.01
  • Median Household Income$44,431
  • Median Housing Costs Per Month$824

El Paso, TX Education Statistics

  • No High School11%
  • Some High School33%
  • Some College27%
  • Associate Degree7%
  • Bachelor Degree15%
  • Graduate Degree7%

Looking for a cheap apartment for rent in El Paso, TX? With RENTCafé, finding an affordable apartment in El Paso, TX has never been easier. We feature 10 low-priced rentals directly from property managers, with rents lower than the El Paso, TX average. What is a cheap rent in El Paso, TX? The average apartment rent in El Paso is $773 per month so any rental south of $618 would be considered cheap here. On RENTCafé, El Paso, TX rents go as low as $456/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!