Cheap Apartments for Rent in the Festival Neighborhood of El Paso, TX from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Festival area of El Paso.

Villas at West Mountain

Pear Tree Apartments

Indian Springs Apartments

Arterra At Alto Rey Apartments
Festival, El Paso, TX Local Guide

How much does it cost to rent an apartment in Festival?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Festival Studio Apartments | $960 | $862 | $1,049 |
Festival 1 Bedroom Apartments | $1,142 | $761 | $1,895 |
Festival 2 Bedroom Apartments | $1,374 | $508 | $2,198 |
Festival 3 Bedroom Apartments | $1,618 | $733 | $2,415 |
Festival 4 Bedroom Apartments | $1,000 | $828 | $1,173 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 3 mile radius of the Festival Neighborhood of El Paso, TX.
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Festival, El Paso, TX Local Guide
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Cheapest Available Festival Apartments for Rent
 The cheapest available apartment rental in the Festival area of El Paso, TX is a 1 Bed unit found at Redd Rd Village Apartment priced from $875. Indian Springs Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Festival apartments for rent in El Paso, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Redd Rd Village Apartment | Apartment 1 Bd 1 Ba 2 Reserved Parking | 1BR,1BA | $875 |
Indian Springs Apartments | A3 | 1BR,1BA | $880 |
Arterra At Alto Rey Apartments | 2BR/1BA | 2BR,1BA | $950 |
Best Value Apartments for Rent in Festival, TX
As of April 06, 2025 the best value apartment in the Festival area is the $1.00 price per square foot Plan B Model at Coronado Springs in the in the Coronado neighborhood starting from $1,399. The second greatest value Festival apartment is the C1 Model at Lifestyles on the Reserve starting at $1,650 with a $1.43 price per square foot in the Coronado neighborhood. Here is today’s list of the best values for Festival apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Coronado Springs | Plan B | 3BR,2BA | $1.00 |
Lifestyles on the Reserve | C1 | 3BR,2BA | $1.43 |
Villas at Helen of Troy | 3x2 | 3BR,2BA | $1.34 |
Pear Tree Apartments | 2 Bed, 2 Bath (80% Income Restricted) | 2BR,2BA | $1.11 |
Arterra At Alto Rey Apartments | 2BR/1.5BA Townhome | 2BR,1.5BA | $1.19 |
Moderno Village Apartments and Town Homes | Apartment 1 Bd, 1 Ba, reserved Parking | 1BR,1BA | $1.54 |
Mountain Village | 1 BED / 1 BATH | 1BR,1BA | $1.36 |
Las Mansiones at Cimarron | A1 | 1BR,1BA | $2.16 |
Indian Springs Apartments | A2 | 1BR,1BA | $1.42 |
Redd Rd Village Apartment | Apartment 1 Bd 1 Ba 2 Reserved Parking | 1BR,1BA | $1.40 |
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Pet Friendly LifestyleFestival, El Paso, TX
Ranked #144
Among neighborhoods in El Paso, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Festival, El Paso, TX
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Texas, including El Paso. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Festival Apartments
What is the price of a cheap apartment in Festival?
The cheapest apartment in Festival is Redd Rd Village Apartment which is listed at $875, while the average apartment in Festival costs $1,649.
What types of apartments are the cheapest in Festival?
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 Festival that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Festival?
Cheap apartments in Festival have an average cost of $636 which is $1,013 cheaper than the average rent for all rentals in Festival.
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.