
Cheap Homes for Rent in Downtown El Paso Neighborhood of El Paso, TX from $400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown El Paso area of El Paso.


705 N St Vrain St

419 E Schuster Ave

1526 Yandell Dr

1408 Arizona Ave

908 Park Street - 908 Front

908 Park St

1030 Wyoming Ave

1309 E Rio Grande Ave

131 Newman St

1309 Yandell Dr

1509 N Campbell St

1026 Myrtle Ave

1419 Wyoming Ave
Downtown El Paso, El Paso, TX Local Guide

How much does it cost to rent a home in Downtown El Paso?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown El Paso 2 Bedroom Homes for Rent | $1,243 | $850 | $2,200 |
Downtown El Paso 3 Bedroom Homes for Rent | $2,274 | $1,395 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Downtown El Paso Neighborhood of El Paso, TX.
Explore El Paso
Downtown El Paso, El Paso, TX Local Guide
- Nearby El Paso neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 2 Beds unit found at 62 Squared Apartments priced from $610. The Wallace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Downtown El Paso apartments for rent in El Paso, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
62 Squared Apartments | 2 Beds, 3 Baths | 2BR,3BA | $610 |
The Wallace Apartments | 140 Basement | 1BR,1BA | $699 |
Ramey Apartments | Studio | Studio,1BA | $725 |
Loma Apartments | Corner 1 Bedroom | 1BR,1BA | $750 |
Oregon Pearl | Studio | Studio,1BA | $825 |
Best Value Apartments for Rent in Downtown El Paso, TX
As of March 29, 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 |
La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
1211 Los Angeles Dr, Unit 2 bed1bath UTEP N DOWNTOW | 1211 Los Angeles Dr | 2BR,1BA | $1.46 |
The Wallace Apartments | 430 | 1BR,1BA | $1.36 |
Loma Apartments | Corner 1 Bedroom | 1BR,1BA | $1.13 |
1707 N Stanton St | 1 Bed/1 Bath | 1BR,1BA | $1.15 |
Savoy Lofts | A1 | Studio ,1BA | $1.53 |
Ramey Apartments | Studio | Studio ,1BA | $1.45 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Frequently Asked Questions about Downtown El Paso
What type of rentals are currently available in Downtown El Paso?
There are currently 431 Apartments for Rent in Downtown El Paso, TX with pricing that ranges from $525 to $1,745. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown El Paso ranging from $475 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 $475 to $6,000 with an average monthly rent of $1,354.
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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.