Cheap Apartments for Rent in the Lomas Del Rey Neighborhood of El Paso, TX from $500 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lomas Del Rey area of El Paso.

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5236 Carousel Dr
2 Bedroom Apartments

5236 Carousel Dr

5236 Carousel DrEl Paso, TX 79912
  • Utilities Included
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Del Prado Apartments
1 to 3 Bedroom Apartments

Del Prado Apartments

300 Shadow Mountain DrEl Paso, TX 79912
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The Thunderbird
2 Bedroom Apartments

The Thunderbird

252 Shadow Mountain DrEl Paso, TX 79912
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Lomas Del Rey, El Paso, TX Local Guide

Cheapest Available Lomas Del Rey Apartments for Rent

 

The cheapest available apartment rental in the Lomas Del Rey area of El Paso, TX is a Studio unit found at Trio Apartments priced from $587. Vista Sol El Paso has the second lowest priced unit, which is a Studio apartment currently listed from $627. Here are the most affordable Lomas Del Rey apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Trio ApartmentsStudioStudio,1BA$587
Vista Sol El PasoStudioStudio,1BA$627
5252 Carousel Dr1 Bed, 1 bath1BR,1BA$675
The EstatesS2Studio,1BA$715
Paso Oeste Apartments2 Bedroom 1 Bath2BR,1BA$750
Santa Fe PlacePueblo1BR,1BA$775
Terrace HillE - StudioStudio,1BA$798
Las Lomas2x12BR,1BA$799
Caprock Apartment Homes1 Bed 1 Bath1BR,1BA$829
Villa De Leon Apartments2 Bedroom2BR,1BA$850

Best Value Apartments for Rent in Lomas Del Rey, TX

As of March 24, 2025 the best value apartment in the Lomas Del Rey area is the $0.66 price per square foot 3 Bedroom 2 Bath Home Model at Rubin Heights in the in the Ridgecrest neighborhood starting from $1,275. The second greatest value Lomas Del Rey apartment is the 3X2 Model at West Town starting at $1,624 with a $1.19 price per square foot in the Redd Mulberry neighborhood. Here is today’s list of the best values for Lomas Del Rey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rubin Heights3 Bedroom 2 Bath Home3BR,2BA$0.66
West Town3X23BR,2BA$1.19
Seville West Apartments2BD/1BA2BR,1BA$0.92
The Hills At North Mesa2 Bedroom2BR,1BA$1.16
Villa De Leon Apartments2 Bedroom2BR,1BA$0.99
Las Lomas2x12BR,1BA$1.02
Copper Commons1BD/1BA1BR,1BA$1.24
5252 Carousel Dr2 Beds, 1 bath2BR,1BA$1.11
Vista Ventana Apartments2-12BR,1BA$1.22
Paso Oeste Apartments1 Bedroom 1 Bath1BR,1BA$1.09

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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Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Texas and customized analysis for Southwest Central El Paso, TX. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, family-friendliness, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Getting Around the Lomas Del Rey Neighborhood in El Paso, TX

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Lomas Del Rey Apartments

What is a cheap apartment in Lomas Del Rey?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lomas Del Rey is under $850.

What is the price of a cheap apartment in Lomas Del Rey?

The cheapest apartment in Lomas Del Rey is 5252 Carousel Dr which is listed at $675, while the average apartment in Lomas Del Rey costs $3,500.

What types of apartments are the cheapest in Lomas Del Rey?

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 15 regular apartments in Lomas Del Rey 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 Lomas Del Rey?

Cheap apartments in Lomas Del Rey have an average cost of $1,084 which is $2,416 cheaper than the average rent for all rentals in Lomas Del Rey.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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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.