30 Cheap Apartments for rent in El Paso, TX

Last updated September 25 at 1:55AM
8824 Lawson Street
Angel's Triangle
El Paso, TX
Updated August 15 at 4:31AM
1 Bedroom
$485
2201 TREMONT Avenue
Highland Park
El Paso, TX
Updated August 15 at 4:31AM
1 Bedroom
$500
2205 E Yandell Drive
Five Points West
El Paso, TX
Updated September 25 at 1:55AM
1 Bedroom
$495
8808 Lawson Street
Angel's Triangle
El Paso, TX
Updated August 31 at 1:29PM
2 Bedrooms
$535
8933 KENNETH
Angel's Triangle
El Paso, TX
Updated September 24 at 10:09AM
2 Bedrooms
$600
1628 RICK RHODES
Marty Robbins North
El Paso, TX
Updated September 19 at 2:05AM
2 Bedrooms
$625
8727 Lawson Street
Angel's Triangle
El Paso, TX
Updated August 27 at 2:13AM
1 Bedroom
$525
4301 E Missouri
Lincoln Park
El Paso, TX
Updated September 16 at 9:57AM
Studio
$495
8824 Lawson Street
Angel's Triangle
El Paso, TX
Updated September 2 at 1:45AM
2 Bedrooms
$595
2201 Tremont Ave # A
Highland Park
El Paso, TX
Updated August 30 at 10:05AM
Studio
$500
4155 Krupp Drive
Ridgecrest
El Paso, TX
Updated September 8 at 11:04AM
2 Bedrooms
$625
1910 Lake Omega Street
Sandy Creek
El Paso, TX
Updated September 25 at 1:55AM
2 Bedrooms
$625
9669 Stonehaven Drive
Stonehaven
El Paso, TX
Updated September 25 at 1:55AM
1 Bedroom
$595
5101 Trowbridge Dr
Timberwolf
El Paso, TX
Updated September 21 at 5:47PM
1 Bedroom
$495
8615 SAN JUAN Lane
Prado
El Paso, TX
Updated September 21 at 7:08PM
2 Bedrooms
$625
2534 Mountain Avenue
Summit Place
El Paso, TX
Updated September 23 at 10:24AM
2 Bedrooms
$625
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Rent Report
El Paso

September 2017 El Paso Rent Report

Welcome to the September 2017 El Paso Rent Report. El Paso rents increased over the past month. In this report, we'll evaluate trends in the El Paso rental market, including comparisons to cities throughout the state and nation.

El Paso rents increased significantly over the past month

El Paso rents have increased 0.5% over the past month, and are up slightly by 1.9% in comparison to the same time last year. Currently, median rents in El Paso stand at $690 for a one-bedroom apartment and $840 for a two-bedroom. This is the eighth straight month that the city has seen rent increases after a decline in December of last year. El Paso's year-over-year rent growth leads the state average of 1.5%, but trails the national average of 3.0%.

Rents rising across cities in Texas

Throughout the past year, rent increases have been occurring not just in the city of El Paso, but across the entire state. Of the largest 10 cities that we have data for in Texas, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Plano is the most expensive of all Texas' major cities, with a median two-bedroom rent of $1,420; of the 10 largest cities in Texas that we have data for, Houston and Corpus Christi, where two-bedrooms go for $990 and $1,030, are the only two major cities in the state to see rents fall year-over-year (-2.4% and -0.9%).
  • Arlington, Fort Worth, and San Antonio have all experienced year-over-year growth above the state average (9.0%, 5.6%, and 2.8%, respectively).

El Paso rents more affordable than many other large cities nationwide

Rent growth in El Paso has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. El Paso is still more affordable than most comparable cities across the country.

  • El Paso's median two-bedroom rent of $840 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 1.9% rise in El Paso.
  • While rents in El Paso remained moderately stable this year, similar cities saw increases, including Seattle (+5.4%), Phoenix (+4.9%), and Denver (+3.0%); note that median 2BR rents in these cities go for $1,710, $1,020, and $1,350 respectively.
  • Renters will find more reasonable prices in El Paso than most similar cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three-and-a-half times the price in El Paso.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.