119 W Nevada Ave
El PasoTX79902
Cheap Apartments for Rent in the Downtown El Paso Neighborhood of El Paso, TX from $400 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown El Paso area of El Paso.
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from $5501 Bedroom Apartments Available Now
Prospect Street Apartments
620 Prospect StEl Paso, TX 79902
1305 Myrtle Ave
El PasoTX79901
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from $620Studio to 1 Bedroom Apartments Available Now
Loma Apartments
2827 Louisiana StEl Paso, TX 79930
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from $650Studio to 2 Bedroom Apartments Contact Us For Availability
Highlander Apartments
1700 Hawthorne StEl Paso, TX 79902
2105 Magoffin Ave
El PasoTX79901
2325 N Kansas St
El PasoTX79902
1309 E Rio Grande Ave
El PasoTX79902
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
2315 Myrtle Ave
El PasoTX79901
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Downtown El Paso, El Paso, TX Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown El Paso?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown El Paso Studio Apartments | $747 | $570 | $900 |
| Downtown El Paso 1 Bedroom Apartments | $870 | $420 | $1,525 |
| Downtown El Paso 2 Bedroom Apartments | $1,261 | $750 | $2,750 |
| Downtown El Paso 3 Bedroom Apartments | $1,242 | $1,200 | $1,330 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Downtown El Paso Neighborhood of El Paso, TX.
See all Apartments in El PasoExplore El Paso
Downtown El Paso, El Paso, TX Local Guide
- Nearby El Paso neighborhoods
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Cheapest Available Downtown El Paso Apartments for Rent
The cheapest available apartment rental in the Downtown El Paso area of El Paso, TX is a Studio unit found at Loma Apartments priced from $620. Ramey Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Downtown El Paso apartments for rent in El Paso, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Loma Apartments | Studio | Studio,1BA | $620 |
| Ramey Apartments | Studio | Studio,1BA | $725 |
| Oregon Pearl | Studio | Studio,1BA | $825 |
| Savoy Lofts | A1 | Studio,1BA | $900 |
| Magoffin Park Villas | Plan A1 | 1BR,1BA | $930 |
| THE 501- Downtown living | 2 Bedroom | 2BR,1BA | $970 |
| Tremont Place Apartments | 3 bd 2 Bath | 3BR,2BA | $1,200 |
| 62 Squared Apartments | 2 Beds, 2.5 Baths | 2BR,2BA | $1,325 |
| The Townhomes at 1400 N. Kansas at River | A1 | 2BR,1BA | $1,695 |
Best Value Apartments for Rent in Downtown El Paso, TX
As of May 10, 2025 the best value apartment in the Downtown El Paso area is the $1.25 price per square foot A1 Model at The Townhomes at 1400 N. Kansas at River in the in the Segundo Barrio neighborhood starting from $1,695. The second greatest value Downtown El Paso apartment is the 3 bd 2 Bath Model at Tremont Place Apartments starting at $1,200 with a $1.00 price per square foot in the San Antonio neighborhood. Here is today’s list of the best values for Downtown El Paso apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townhomes at 1400 N. Kansas at River | A1 | 2BR,1.5BA | $1.25 |
| Tremont Place Apartments | 3 bd 2 Bath | 3BR,2BA | $1.00 |
| 62 Squared Apartments | 2 Beds, 2.5 Baths | 2BR,2.5BA | $1.33 |
| Magoffin Park Villas | Plan A1 | 1BR,1BA | $1.44 |
| THE 501- Downtown living | 2 Bedroom | 2BR,1BA | $1.57 |
| Savoy Lofts | A1 | Studio ,1BA | $1.53 |
| Ramey Apartments | Studio | Studio ,1BA | $1.45 |
| Oregon Pearl | Studio | Studio ,1BA | $1.65 |
| Loma Apartments | Studio | Studio ,1BA | $1.55 |
Quick Rent Budget Calculator
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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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Pet Friendly LifestyleDowntown El Paso, El Paso, TX
Ranked #227
Among neighborhoods in El Paso, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Downtown El Paso, El Paso, TX
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Downtown El Paso, El Paso, and the greater El Paso area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Downtown El Paso Neighborhood in El Paso, TX
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
58 / 100
Bikeable
Some bike infrastructure
Transit Score®
54 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown El Paso Apartments
What is a cheap apartment in Downtown El Paso?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown El Paso is under $1,695.
What is the price of a cheap apartment in Downtown El Paso?
The cheapest apartment in Downtown El Paso is Loma Apartments which is listed at $660, while the average apartment in Downtown El Paso costs $1,220.
What types of apartments are the cheapest in Downtown El Paso?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Downtown El Paso that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.