422 Luxury Apartments for rent in El Paso, TX

Last updated July 21 at 10:00am UTC
1524 Cezanne
Americas
El Paso, TX
Updated July 21 at 10:00am UTC
4 Bedrooms
$1,195
3208 TIERRA AVE PL
Eastview
El Paso, TX
Updated July 21 at 10:00am UTC
4 Bedrooms
$1,250
11929 MESQUITE MIEL
El Paso
El Paso, TX
Updated July 21 at 9:59am UTC
3 Bedrooms
$1,100
5939 Bandolero Drive
Bandolero - Tarascas
El Paso, TX
Updated July 21 at 9:57am UTC
2 Bedrooms
$1,150
14307 High Rock Drive
El Paso
El Paso, TX
Updated July 21 at 9:57am UTC
4 Bedrooms
$1,350
14528 Long Shadow Avenue
El Paso
El Paso, TX
Updated July 21 at 9:57am UTC
4 Bedrooms
$1,600
14625 Igor Kaleri Avenue
El Paso
El Paso, TX
Updated July 21 at 9:57am UTC
3 Bedrooms
$1,295
7245 Copper Canyon Drive
El Paso
El Paso, TX
Updated July 21 at 9:57am UTC
3 Bedrooms
$1,095
7516 Medano Drive
Three Hills
El Paso, TX
Updated July 21 at 9:57am UTC
4 Bedrooms
$1,095
3286 Azteca Trail
El Paso
El Paso, TX
Updated July 21 at 9:57am UTC
3 Bedrooms
$1,250
2241 Sparrow Point Street
El Paso
El Paso, TX
Updated July 21 at 9:56am UTC
3 Bedrooms
$1,100
5281 PETE PAYAN
Mesa Hills
El Paso, TX
Updated July 21 at 9:56am UTC
3 Bedrooms
$1,350
5860 Onix Dr
Mesa Hills
El Paso, TX
Updated July 21 at 9:56am UTC
2 Bedrooms
$1,210
14379 VALLEY LIGHT Circle
El Paso
El Paso, TX
Updated July 21 at 9:55am UTC
3 Bedrooms
$1,195
6028 RENEE WEEKS
El Paso
El Paso, TX
Updated July 21 at 9:55am UTC
4 Bedrooms
$1,300
12024 Valley Quail Drive
Quail Run
El Paso, TX
Updated July 21 at 6:32am UTC
3 Bedrooms
$1,195
844 El Parque Drive
Falcon Hills
El Paso, TX
Updated July 21 at 2:37am UTC
3 Bedrooms
$1,675
6143 Sierra Valle Ln
Thunderbird
El Paso, TX
Updated July 21 at 9:11am UTC
3 Bedrooms
$1,400

July 2018 El Paso Rent Report

Welcome to the July 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

July 2018 El Paso Rent Report

Welcome to the July 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 increased significantly over the past month

El Paso rents have increased 0.4% over the past month, and are up slightly by 1.0% 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 third 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 2.1%, as well as the national average of 1.4%.

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 2.1% 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 (-2.3%).
  • Corpus Christi, Houston, and Arlington have all experienced year-over-year growth above the state average (4.4%, 3.7%, and 3.3%, respectively).

El Paso rents more affordable than many comparable cities nationwide

As rents have increased marginally in El Paso, other large 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 $840 is below the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 1.0% rise in El Paso.
  • While El Paso's rents rose marginally over the past year, many cities nationwide saw decreases, including Seattle (-2.0%), DC (-0.1%), and Minneapolis (-0.1%).
  • 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.