Cheap Homes for Rent in Downtown El Paso Neighborhood of El Paso, TX from $500 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown El Paso area of El Paso.

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Downtown El Paso, El Paso, TX Local Guide

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 1601 El Paso St priced from $600. Loma Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $620. Here are the most affordable Downtown El Paso apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
1601 El Paso StStudioStudio,$600
Loma ApartmentsStudioStudio,1BA$620
Ramey ApartmentsStudioStudio,1BA$725
Oregon PearlStudioStudio,1BA$825
Sedona Peak1 Bedroom1BR,1BA$870

Best Value Apartments for Rent in Downtown El Paso, TX

As of April 30, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhomes at 1400 N. Kansas at RiverA12BR,1.5BA$1.25
Tremont Place Apartments3 bd 2 Bath3BR,2BA$1.00
62 Squared Apartments2 Beds, 2.5 Baths2BR,2.5BA$1.33
La Mariposa Apartments2 Beds, 1 Baths2BR,1BA$1.19
2214 Montana Ave, Unit 32214 Montana Ave2BR,1BA$1.15
1707 N Stanton St1 Bed/1 Bath1BR,1BA$1.15
Magoffin Park VillasPlan A11BR,1BA$1.44
Savoy LoftsA1Studio ,1BA$1.53
Sedona Peak1 Bedroom1BR,1BA$1.48
Ramey ApartmentsStudioStudio ,1BA$1.45

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Frequently Asked Questions about Downtown El Paso

What type of rentals are currently available in Downtown El Paso?

There are currently 432 Apartments for Rent in Downtown El Paso, TX with pricing that ranges from $550 to $2,750. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown El Paso ranging from $550 to $6,000.

What is the current price range for Rental Homes in Downtown El Paso?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown El Paso ranges from $550 to $6,000 with an average monthly rent of $1,582.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.