42 Cheap Apartments for rent in El Paso, TX

Last updated June 17 at 10:55pm UTC
3601 Fred Wilson Avenue
Logan Heights
El Paso, TX
Updated June 17 at 9:44pm UTC
2 Bedrooms
$550
3535 Fred Wilson Avenue
Logan Heights
El Paso, TX
Updated June 17 at 9:44pm UTC
1 Bedroom
$400
700 CAMPBELL Street
Virginia
El Paso, TX
Updated June 17 at 9:44pm UTC
1 Bedroom
$400
3905 FLORY
Logan Heights
El Paso, TX
Updated June 17 at 9:42pm UTC
1 Bedroom
$425
6400 EDGEMERE
El Paso
El Paso, TX
Updated June 17 at 5:52pm UTC
1 Bedroom
$600
3629 KEMP
Logan Heights
El Paso, TX
Updated June 17 at 9:36am UTC
2 Bedrooms
$600
615 E University Drive
Rim - University
El Paso, TX
Updated June 14 at 1:33pm UTC
1 Bedroom
$500
8615 SAN JUAN Lane
Prado
El Paso, TX
Updated June 14 at 1:32pm UTC
2 Bedrooms
$625
8726 Old County Drive
Pueblo Viejo
El Paso, TX
Updated June 14 at 9:14am UTC
1 Bedroom
$550
7142 Dale Rd. Road
Stiles Garden
El Paso, TX
Updated June 14 at 4:47am UTC
2 Bedrooms
$500
715 W Main Drive
Sunset Heights
El Paso, TX
Updated June 13 at 10:11am UTC
1 Bedroom
$475
1214 Randolph Drive
Sunset Heights
El Paso, TX
Updated June 10 at 6:22pm UTC
Studio
$495
701 W Yandell Drive
Sunset Heights
El Paso, TX
Updated June 17 at 9:35am UTC
1 Bedroom
$600
8629 Lawson Street
Angel's Triangle
El Paso, TX
Updated June 13 at 5:57am UTC
1 Bedroom
$470

June 2018 El Paso Rent Report

Welcome to the June 2018 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.

View full El Paso Rent Report
Rent Report
El Paso

June 2018 El Paso Rent Report

Welcome to the June 2018 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 increase sharply over the past month

El Paso rents have increased 0.7% over the past month, and are up marginally by 0.9% in comparison to the same time last year. Currently, median rents in El Paso stand at $680 for a one-bedroom apartment and $830 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in March. El Paso's year-over-year rent growth lags the state average of 2.0%, as well as the national average of 1.5%.

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, 9 of them have seen prices rise. The state as a whole logged rent growth of 2.0% 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 the state that we have data for, Lubbock, where a two-bedroom goes for $820, is the only major city to see rents fall year-over-year (-2.2%).
  • Corpus Christi, Arlington, and Houston have all experienced year-over-year growth above the state average (4.6%, 4.1%, and 3.4%, respectively).

El Paso rents more affordable than many similar cities nationwide

As rents have increased marginally in El Paso, comparable cities nationwide have seen rents grow more quickly. El Paso is still more affordable than most other large cities across the country.

  • El Paso's median two-bedroom rent of $830 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 0.9% rise in El Paso.
  • While El Paso's rents rose marginally over the past year, some cities nationwide saw decreases, including Seattle (-0.8%) and DC (-0.1%).
  • Renters will find more reasonable prices in El Paso than most comparable 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.