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from $5551 to 6 Bedroom Apartments Contact Us For Availability
Webber Apartments
110 Whittier DrEl Paso, TX 79907
Cheap Apartments for Rent in the Penrose Neighborhood of El Paso, TX from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penrose area of El Paso.
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from $650Studio to 2 Bedroom Apartments Available Now
La Hacienda Apartments
9021 Betel DrEl Paso, TX 79907
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from $7551 to 3 Bedroom Apartments Available Now
Valley Place Apartments
8210 Carpenter DrEl Paso, TX 79907
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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.
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from $7991 to 2 Bedroom Apartments Available Now
Southview
611 N Yarbrough DrEl Paso, TX 79915
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from $7991 to 2 Bedroom Apartments Available Now
Tigua Village
8017 San Jose RdEl Paso, TX 79915
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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.
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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.
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Penrose, El Paso, TX Local Guide
How much does it cost to rent an apartment in Penrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penrose Studio Apartments | $672 | $650 | $695 |
| Penrose 1 Bedroom Apartments | $994 | $555 | $1,489 |
| Penrose 2 Bedroom Apartments | $1,163 | $664 | $1,809 |
| Penrose 3 Bedroom Apartments | $1,282 | $946 | $1,620 |
| Penrose 4 Bedroom Apartments | $1,133 | $1,133 | $1,133 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Penrose Neighborhood of El Paso, TX.
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Penrose, El Paso, TX Local Guide
- Nearby El Paso neighborhoods
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Cheapest Available Penrose Apartments for Rent
The cheapest available apartment rental in the Penrose area of El Paso, TX is a 1 Bed unit found at Valley Place Apartments priced from $755. San Montego has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here are the most affordable Penrose apartments for rent in El Paso, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valley Place Apartments | 1 BEDROOM | 1BR,1BA | $755 |
| San Montego | 1 Bedroom | 1BR,1BA | $790 |
| Tigua Village | One Bedroom B | 1BR,1BA | $799 |
| Southview | 1BR/1BA | 1BR,1BA | $799 |
| Paso Este | 2x1 - 625 | 2BR,1BA | $810 |
Best Value Apartments for Rent in Penrose, TX
As of May 11, 2025 the best value apartment in the Penrose area is the $1.32 price per square foot B3 Model at Castilleja Apartments in the in the Ascarate neighborhood starting from $1,370. The second greatest value Penrose apartment is the 2 Beds, 1 Baths Model at Amber Sky Estates starting at $1,025 with a $1.13 price per square foot in the Ascarate neighborhood. Here is today’s list of the best values for Penrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Castilleja Apartments | B3 | 2BR,2BA | $1.32 |
| Amber Sky Estates | 2 Beds, 1 Baths | 2BR,1BA | $1.13 |
| Villas at Zaragosa | Riverway | 1BR,1BA | $1.33 |
| The Meadows | Two Bedroom | 2BR,1BA | $1.03 |
| Bella Vista Place Apartments | 2 Bed, 1 Bath | 2BR,1BA | $1.42 |
| La Hacienda Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.24 |
| Padres Village Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.32 |
| Paso Este | 2x1 - 625 | 2BR,1BA | $1.30 |
| Paseo Park Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
| Valley Place Apartments | 1 BEDROOM | 1BR,1BA | $1.32 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePenrose, El Paso, TX
Ranked #57
Among neighborhoods in El Paso, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Penrose Neighborhood in El Paso, TX
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
33 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Penrose Apartments
What is the price of a cheap apartment in Penrose?
The cheapest apartment in Penrose is Valley Place Apartments which is listed at $755, while the average apartment in Penrose costs $1,459.
What types of apartments are the cheapest in Penrose?
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 14 regular apartments in Penrose 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 Penrose?
Cheap apartments in Penrose have an average cost of $860 which is $599 cheaper than the average rent for all rentals in Penrose.
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.