Is El Paso, TX, Affordable for Renters? [2025]

Yes, El Paso is affordable for renters in 2025. With a median rent of $1,153, nearly 18% below the national average, it’s one of the most budget-friendly big cities in the U.S. Renters here pay about $918 for a one-bedroom or $1,099 for a two-bedroom, making it easier to find a place that fits your needs without stretching your budget thin.

Even with a modest uptick in rents over the past month, prices in El Paso are still lower than they were this time last year. That means your money goes further, whether you're after more space, a shorter commute, or just a better deal. All in, El Paso delivers serious value without forcing renters to sacrifice access to jobs, culture, or community.

What Are the Current Trends in El Paso’s Rental Market?

El Paso’s rental market in 2025 remains stable andaffordable. As of August, the city’s median rent sits at roughly $1,153, down about 0.6% year-over-year while ticking up 0.8% month-over-month, positioning El Paso as one of the more accessible big-city rental markets in the U.S.

Looking at Q2 2025 rental inventory and trends, the El Paso metro had about 47,056 rental units, adding 605 units over the past year. Asking rents stood at $1,062, with effective rents at $1,056, and a multifamily vacancy rate of 5%. For renters, this means more choices, less pressure, and a better shot at finding a deal that actually fits your budget.

Looking ahead, forecasters expect moderate rent growth through late 2025. One projection pegs annual rent growth near 3.1%, potentially bringing average rents to around $1,089 by year-end.

Average Rent Prices in El Paso, TX

Renters in El Paso are getting serious value in 2025. Whether you're hunting for a solo studio or need room for a crew, the city’s price points are well below the national average—without skimping on space or comfort. Here’s a snapshot of what renters are paying:

What Is the Average Rent of a One-Bedroom Apartment in El Paso?

As of August 2025, a one-bedroom apartment in El Paso averages $1,146, a price point that's both fair and flexible. In neighborhoods like Milagro Hills, listings typically average out around $825 per month.

However, in more expensive areas like North Hills East, one-bedroom apartments rent for around $1,249 on average.

What Is the Average Rent of a Two-bedroom Apartment in El Paso?

Two-bedroom apartments in El Paso are similarly grounded in value. Across neighborhoods, average rents land around $1,458, a modest, predictable figure.

In Milagro Hills, you can find two-bedroom apartments that average around $900, far below the citywide and national averages. Even more expensive areas like North Hills East sit well below the national average at $1,446.

How Much Rent Can I Afford in El Paso, TX?

With El Paso’s average rents well below national norms, it's one of the most approachable big cities for renters in 2025, especially when considering the value you get for your dollar.

Here’s where El Paso stacks up against other metro areas on rent and overall cost of living:

*Cost of Living Index (U.S. average = 100) data sourced from BestPlaces.

With rent around $1,146 for the average one-bedroom unit, El Paso offers thousands in monthly savings compared to places like Manhattan or Seattle.

The 30% Budgeting Rule

A good rule of thumb? Don’t let rent eat up more than 30% of your gross monthly income. Say you’re bringing in $4,500 before taxes. That puts your target rent around $1,350 or less. It’s a simple benchmark that helps you stay financially balanced, especially in a city like El Paso where rent prices are more forgiving than in most major metros.

The 50/30/20 Budgeting Rule

This method divides your after-tax income into three main categories:

• 50% goes to essentials (like rent, groceries, insurance, and your internet bill),
• 30% covers fun stuff (yes, that includes takeout and streaming),
• 20% goes toward savings or debt payoff.

So, if your take-home pay is $4,000, you’ll want to keep all your essentials, including rent, under $2,000. The goal? A budget that’s livable and leaves room to breathe.

The 3x Rent Rule

If you’ve ever heard that you need to make three times the rent, you’ve met the 3x rule. Landlords use it to check if renters can realistically afford a unit. For example, if an El Paso apartment lists at $1,200/month, your gross monthly income should be around $3,600 to meet the standard. It’s not a hard law, but it is a common screening shortcut, so keep it in mind when applying.

How Does the Cost of Living in El Paso Stack Up?

El Paso continues to be one of the most wallet-friendly big cities in 2025. The overall cost of living here is a notch below the national average, and housing is the biggest reason why. Rent prices are noticeably lower than what you’ll find in most metros, which means you can afford more space without overextending your budget.

Other essentials? Groceries, utilities, and healthcare all hover close to national norms, with a slight edge toward affordability. Translation: El Paso lets you cover the basics and still have room in your budget for things that actually make life fun.

Are Utilities and Other Expenses Affordable in El Paso?

In short: yes. While utility bills in El Paso aren’t the cheapest in Texas, they’re still generally lower than what renters pay across the U.S.

Here’s how it breaks down:

Electricity is a bit cheaper in El Paso than in other parts of Texas, and natural gas and water prices are a bit above, often a hidden budget buster in bigger cities.

Internet costs hover around $69 per month, depending on the provider and speed. And while El Paso has some public transit options, many residents rely on cars. Still, lower gas prices help soften that expense.

Bottom line: El Paso’s utility bills won’t blow up your budget. In fact, they often come in under what you'd pay in other Texas metros and well below national totals.

How Does the Cost of Renting Vary By Neighborhood in El Paso?

What you pay in rent depends a lot on where you live. even in an affordable city like El Paso. Here’s a curated snapshot of starting prices in some diverse El Paso neighborhoods, which should help you weigh budget against lifestyle.

Rent in El Paso’s Cheapest Neighborhoods

Trying to stretch your rent dollars a little further? El Paso has plenty of neighborhoods where the prices are even easier on your wallet. You won’t find luxury towers or flashy amenities—but you will find quiet streets, older units with charm, and serious value per square foot. If affordability tops your list, these are great places to start your search.

Angel’s Triangle

Located at the foot of the Franklin Mountains, Angel’s Triangle offers some of the lowest rents in El Paso, around $518 for a one-bedroom and $688 for a two-bedroom as of August 2025.

Its proximity to Fort Bliss, Downtown, and major corridors like Dyer and Hondo Pass means you’re close to jobs, transit, and local shops, all within a budget-friendly community.

Pico Norte

Pico Norte features quiet, one-story brick homes from the 1970s with mature lawns and sidewalks, and feel-good finds within modest price points.

Its proximity to Pico Norte Park, local schools, and neighborhood shopping makes it practical, walkable, and well-suited for those seeking a low-stress pace.

Lomas Del Rey

Nestled at the foothills of the Franklin Mountains, Lomas Del Rey offers both affordable apartments and calm, upscale homes at a distance that still keeps Downtown within reach.

With easy walks to Mesa Street shops and nearby trails, it balances tranquility with access.

Milagro Hills

About 12 miles northeast of Downtown, Milagro Hills features standalone homes, apartments, and a low vacancy rate (~2.7%), reflecting tight demand and a well-established community. It’s ideal for those craving more room, local parks, and a peaceful suburban setting.

Rent in El Paso’s Pricier Neighborhoods

El Paso may be known for its affordability, but it’s also home to a handful of neighborhoods where rent skews higher. Some of these neighborhoods include scenic views, updated homes, and prime locations near shopping, restaurants, or mountain trails.

If your budget has a bit more room, these spots deliver extra comfort and convenience.

North Hills East

With wide views and newer builds, North Hills East offers a peaceful, residential feel just north of the city center. It’s ideal for renters who are willing to spend a little more for comfort, extra square footage, and mountain access

North Hills West

Though technically below the city average, North Hills West still brings a more upscale suburban vibe. Expect a mix of single-family homes and larger apartments, with quick access to schools, parks, and major roads.

Americas

Close to shopping centers, schools, and the loop, Americas offers solid value just under the city average. If walkability and easy errands matter to you, this neighborhood hits the mark.

Resler Canyon

Tucked into West El Paso, Resler Canyon pairs scenic backdrops with affordability. It’s a great fit for renters looking for quiet surroundings and access to outdoor spots, without going over budget.

What Is a Comfortable Salary for a Renter in El Paso?

To comfortably afford El Paso’s average one-bedroom rent of $1,146, you’d need to earn around $45,840 per year (or $3,820 per month) before taxes, based on the common 30% rent-to-income guideline.

This is over MIT’s estimate of $33,650 for a single adult with no children.

That said, El Paso’s overall affordability means you can often make it work on less, especially if you're savvy with your spending. Opting for a more affordable neighborhood, renting a studio, or splitting a two-bedroom with a roommate can stretch your budget further.

A salary between $38,000 and $45,000 is enough for many renters to live comfortably here, especially with El Paso’s lower utility costs and cost of living compared to most U.S. cities.

Are There Hidden Costs to Renting in El Paso?

Your rent might be the biggest number on your budget but it’s not the only one. Here are some extra costs to keep in mind before you sign a lease in El Paso:

• Renter’s insurance: Many landlords require renters' insurance. Expect to pay around $15–$25/month, depending on your coverage.
• Application & admin fees: These can add up fast, $35–$75 for applications, plus $100–$200 for admin or move-in fees.
• Parking & amenities: Reserved parking spots can run $40–$100/month. Some communities charge extra for garages, gyms, pools, or package lockers. \ Pet fees: If you’ve got a furry roommate, plan on a $200–$400 deposit per pet, plus monthly pet rent of $15–$40.
• Moving costs: Local moves in El Paso typically cost between $300–$1,200, depending on distance and whether you DIY or hire pros.
• Security deposits: Usually equal to one month’s rent, but may be more depending on credit or rental history.
• “Junk” fees: These sneak in post-signing and can include things like valet trash, pest control, or package delivery fees—often totaling $100–$300/year.

Always ask for a full fee breakdown before signing anything. In a city like El Paso, transparency helps keep your rental experience smooth and your budget intact.

What Are the Best Ways to Save on Rent in El Paso?

Rent in El Paso is already more affordable than in most big cities, but there are still smart ways to stretch your housing dollars even further. Whether you’re moving across town or coming in from out of state, here are a few strategies to help you save money on rent:

1. Look Into Local Assistance Programs

Organizations like Project BRAVO, El Paso Housing Authority, and Opportunity Center for the Homeless offer rental assistance, utility help, and emergency aid for qualifying renters. If you're in a tight spot, these programs can bridge the gap.

2. Time Your Move Wisely

Leases tend to turn over more slowly in El Paso during late fall and winter, which means landlords may be more open to move-in specials, discounted deposits, or free rent for your first month. Ask about incentives, especially if you’re ready to sign quickly.

3. Split the Cost

The average two-bedroom in El Paso runs about $1,458, making it a smart choice for roommates. Sharing rent, internet, and utilities could cut your monthly housing cost by hundreds. Look for house shares near Downtown, Sun Ridge North, or Eastwood Heights for solid options.

4. Prioritize the Essentials

Skip the flashy amenities and focus on what actually makes life easier. Proximity to work or school, public transit access, and grocery stores often matter more than on-site gyms or rooftop lounges, and they typically come with lower rents.

5. Prep for Upfront Costs

Before you start touring, stash away funds for application fees, deposits, pet charges, and moving costs. Having money ready means you can act fast when a deal pops up, without getting derailed by last-minute fees.

6. Know Your Rights

Texas doesn’t limit how much a landlord can charge for a deposit—but they’re required to return it within 30 days of move-out (minus damages). Understanding tenant laws protects you from surprise charges and gives you leverage if anything goes sideways.

Find an Apartment in El Paso, TX

Skip the endless scroll and get matched with a place that actually fits. Whether you’re eyeing mountain views in Upper Mesa Hills or want walkable convenience in Downtown, El Paso has something for every renter and every budget.

Take Apartment List’s personalized quiz to find apartments that match your lifestyle, move-in date, and must-haves. It takes just minutes and saves you days of searching.

Is El Paso Affordable for Renters? FAQs

Is renting cheaper than buying a home in El Paso?

For many, yes, especially if you’re not planning to settle long-term. While El Paso’s median home price of $264,000 is more reasonable than in larger cities, ownership still brings extra costs like taxes, insurance, and maintenance. Renting gives you more flexibility, fewer upfront expenses, and less financial risk if you’re still figuring things out.

Is El Paso’s rental market competitive?

It depends on the neighborhood. While El Paso isn’t as fast-moving as bigger metros, demand is steady—especially in popular areas like Upper Mesa Hills or Downtown. Good deals can go quickly. To stay ahead, have your application materials ready and use tools like Apartment List to track new listings as soon as they hit the market.

What’s a livable wage in El Paso?

According to MIT’s Living Wage Calculator, a single adult in El Paso needs to earn around $18.54/hour, or about $38,563 annually, to cover basic living expenses without added financial stress. That figure goes up if you have kids or other dependents, but it’s still far below what you’d need in most major cities.

What if I can’t afford rent in El Paso?

There are still plenty of ways to make it work. Look for more affordable neighborhoods like Milagro Hills or Cielo Vista North, consider getting a roommate, or downsize to a studio to cut costs.

El Paso also offers rental help through programs like Project BRAVO and EPHA.

Pro tip: Move during the off-season (fall or winter) when landlords are more likely to offer deals.

Are utilities usually included in rent in El Paso?

Usually not. Most rentals in El Paso require tenants to cover electricity, water, internet, and sometimes gas separately. Some buildings may include trash or water, but it varies by property, so always ask what’s covered before signing a lease. It’s the easiest way to avoid surprise bills later.