Cheap Apartments for Rent in the Penrose Neighborhood of El Paso, TX from $300 (13 Rentals)

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

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Canyon Square Village
1 to 4 Bedroom Apartments

Canyon Square Village

8622 N Loop DrEl Paso, TX 79907
  • Utilities Included
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Michelle's Apartments
1 to 2 Bedroom Apartments

Michelle's Apartments

8507 Alameda AveEl Paso, TX 79907
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North Loop Village
1 to 2 Bedroom Apartments

North Loop Village

8249 North Loop DrEl Paso, TX 79907
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Alvarez Apartments
2 to 4 Bedroom Apartments

Alvarez Apartments

8247 N Loop DrEl Paso, TX 79907
  • Utilities Included

Penrose, El Paso, TX Local Guide

Cheapest Available Penrose Apartments for Rent

 

The cheapest available apartment rental in the Penrose area of El Paso, TX is a 2 Beds unit found at Western Gallagher Apartments priced from $620. San Jose Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here are the most affordable Penrose apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
Western Gallagher Apartments2 Bedroom 1 Bath2BR,1BA$620
San Jose Apartments2-12BR,1BA$650
San Montego1 Bedroom1BR,1BA$730
Valley Place Apartments1 BEDROOM1BR,1BA$755
Tigua VillageOne Bedroom B1BR,1BA$799

Best Value Apartments for Rent in Penrose, TX

As of March 23, 2025 the best value apartment in the Penrose area is the $1.13 price per square foot 2 Beds, 1 Baths Model at Amber Sky Estates in the in the Ascarate neighborhood starting from $1,025. The second greatest value Penrose apartment is the 2 Bedroom Model at Sunset Vista Seniors starting at $914 with a $1.01 price per square foot in the Las Palmas neighborhood. Here is today’s list of the best values for Penrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Amber Sky Estates2 Beds, 1 Baths2BR,1BA$1.13
Sunset Vista Seniors2 Bedroom2BR,1BA$1.01
Bella Vista Place Apartments2 Bed, 1 Bath2BR,1BA$1.30
Western Gallagher Apartments2 Bedroom 1 Bath2BR,1BA$0.78
San Jose Apartments2-12BR,1BA$0.92
La Hacienda Apartments1Bed/1Bath1BR,1BA$1.31
The MeadowsOne Bedroom Small1BR,1BA$1.29
Padres Village Apartments2 Bedroom 1 Bath2BR,1BA$1.32
Paso Este2x1 - 6252BR,1BA$1.30
Valley Place Apartments1 BEDROOM1BR,1BA$1.32

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Penrose, El Paso, TX

Ranked #64

Among neighborhoods in El Paso, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

Frequently Asked Questions about Cheap Penrose Apartments

How much is rent for a Cheap One Bedroom Penrose Apartment?

The lowest price for a Cheap One Bedroom Penrose Apartment is $730 at San Montego.

What is the lowest price for a Cheap Two Bedroom Penrose Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Penrose is starting from $620 at Western Gallagher Apartments.

What is the most affordable Penrose Three Bedroom Apartment?

The best deal on a cheap Penrose Three Bedroom Apartment rental is at Padres Village Apartments and starts from $975.

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.