
Cheap Apartments for Rent in the Five Points Neighborhood of El Paso, TX from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of El Paso.


Santorini

3615 Pershing Dr

1820 Montana Ave
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.

The Solana Apartments

2914 Copper Ave, Unit 2914 Copper-B

Grandview Apartments
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.

2315 Myrtle Ave

3511 Pershing Dr
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.
Five Points, El Paso, TX Local Guide

How much does it cost to rent an apartment in Five Points?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Five Points Studio Apartments | $880 | $620 | $1,028 |
Five Points 1 Bedroom Apartments | $1,064 | $660 | $1,762 |
Five Points 2 Bedroom Apartments | $1,265 | $775 | $1,745 |
Five Points 3 Bedroom Apartments | $1,535 | $950 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Five Points Neighborhood of El Paso, TX.
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Cheapest Available Five Points Apartments for Rent
 The cheapest available apartment rental in the Five Points area of El Paso, TX is a Studio unit found at Loma Apartments priced from $620. Santorini has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Five Points apartments for rent in El Paso, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Loma Apartments | Studio | Studio,1BA | $620 |
Santorini | 1 Bedroom 1 Bath | 1BR,1BA | $650 |
The Solana Apartments | A | 1BR,1BA | $720 |
Ramey Apartments | Studio | Studio,1BA | $725 |
Sedona Peak | 1 Bedroom | 1BR,1BA | $870 |
Best Value Apartments for Rent in Five Points, TX
As of May 17, 2025 the best value apartment in the Five Points area is the $0.94 price per square foot 4505 Pershing Dr Model at 4505 Pershing Dr, Unit 1 in the in the Chelmont neighborhood starting from $1,500. The second greatest value Five Points apartment is the A1 Model at The Townhomes at 1400 N. Kansas at River starting at $1,695 with a $1.25 price per square foot in the Segundo Barrio neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4505 Pershing Dr, Unit 1 | 4505 Pershing Dr | 3BR,1.5BA | $0.94 |
The Townhomes at 1400 N. Kansas at River | A1 | 2BR,1.5BA | $1.25 |
2618 Chico Ct, Unit 2618 Chico Ct | 2618 Chico Ct | 3BR,1BA | $0.86 |
Tremont Place Apartments | 2 bd 1 ba | 2BR,1BA | $1.02 |
Grandview Apartments | 2 Bedroom | 2BR,1BA | $1.02 |
The Solana Apartments | A | 1BR,1BA | $0.92 |
Magoffin Park Villas | Plan A1 | 1BR,1BA | $1.44 |
Sedona Peak | 1 Bedroom | 1BR,1BA | $1.48 |
2914 Copper Ave, Unit 2914 Copper-B | 2914 Copper Ave | 1BR,1BA | $1.32 |
Ramey Apartments | Studio | Studio ,1BA | $1.45 |
Frequently Asked Questions about Cheap Five Points Apartments
What is the Cheapest Studio apartment in Five Points?
Currently the most affordable Cheap Studio Apartment in Five Points is at Loma Apartments listed at $620.
How much is rent for a Cheap One Bedroom Five Points Apartment?
The lowest price for a Cheap One Bedroom Five Points Apartment is $650 at Santorini.
What is the lowest price for a Cheap Two Bedroom Five Points Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Five Points is starting from $750 at Santorini.
What is the most affordable Five Points Three Bedroom Apartment?
The best deal on a cheap Five Points Three Bedroom Apartment rental is at Tremont Place Apartments and starts from $1,200.
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.