Best Affordable Neighborhoods in El Paso, TX
Some of the cheapest neighborhoods in El Paso are Sunset Heights, Colonia del Carmen, and Las Flores. These neighborhoods offer some of the lowest rent prices in El Paso, making them ideal for renters on a budget. As of May 8, 2026, the average rent in El Paso is $976, which is 1.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Sunset Heights
Average Rent
$748/Month
Year-Over-Year Rent Change
1%
Units Available
11 Rentals
Sunset Heights is an affordable neighborhood in El Paso with an average rent price of $748. Compare this to the city average of $976. In the past year, rent prices have increased by 1%. Sunset Heights provides easy access to El Paso C.C., Valle Verde, Centennial Museum and Chihuahuan Desert Gardens, and Miner Plaza.
Colonia del Carmen
Average Rent
$819/Month
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in El Paso, Colonia del Carmen might be the perfect place! It has an average rent price of $819, while the city’s average stands at $976. Colonia del Carmen is near El Paso C.C., Mission Del Paso, Ascarate Park, and Las Palmas Marketplace.
Las Flores
Average Rent
$819/Month
Year-Over-Year Rent Change
5.1%
Units Available
10 Rentals
Las Flores is a top choice for budget-conscious renters for a variety of reasons. The average rent in Las Flores is $819 while the city average is $976. This is a -5.1% difference from last year. Residents enjoy convenient access to El Paso C.C., Mission Del Paso, El Paso C.C., Valle Verde, and UT El Paso.
Pecan Grove
Average Rent
$823/Month
Year-Over-Year Rent Change
1.7%
Units Available
14 Rentals
When you’re looking for a great El Paso neighborhood on a budget, check out Pecan Grove. The average rent is $823, compared to the city average of $976. Rent prices have increased by 1.7%. Pecan Grove is convenient to El Paso Zoo, El Paso C.C., Rio Grande, and Ascarate Park.
Lomas Del Rey
Average Rent
$853/Month
Year-Over-Year Rent Change
1.5%
Units Available
16 Rentals
Lomas Del Rey is an affordable neighborhood in El Paso with an average rent price of $853. Compare this to the city average of $976. In the past year, rent prices have increased by 1.5%. Lomas Del Rey provides easy access to El Paso C.C., Rio Grande, Montecillo Town Center, and El Paso C.C., Transmountain.
Milagro Hills
Average Rent
$863/Month
Year-Over-Year Rent Change
2.9%
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in El Paso, Milagro Hills might be the perfect place! It has an average rent price of $863, while the city’s average stands at $976. In the last year, prices have increased by 2.9%. Milagro Hills is near Franklin Mountains State Park, El Paso C.C., Transmountain, and UT El Paso.
Rushfair
Average Rent
$866/Month
Year-Over-Year Rent Change
0.6%
Units Available
12 Rentals
Rushfair is a top choice for budget-conscious renters for a variety of reasons. The average rent in Rushfair is $866 while the city average is $976. This is a 0.6% difference from last year. Residents enjoy convenient access to El Paso International, Wyler Aerial Tramway, and El Paso C.C., Transmountain.
Pico Norte
Average Rent
$870/Month
Year-Over-Year Rent Change
1.1%
Units Available
11 Rentals
When you’re looking for a great El Paso neighborhood on a budget, check out Pico Norte. The average rent is $870, compared to the city average of $976. Rent prices have decreased by 1.1%. Pico Norte is convenient to El Paso C.C., Valle Verde, El Paso C.C., Mission Del Paso, and Ascarate Park.
Downtown El Paso
Average Rent
$915/Month
Year-Over-Year Rent Change
3.3%
Units Available
22 Rentals
Downtown El Paso is an affordable neighborhood in El Paso with an average rent price of $915. Compare this to the city average of $976. In the past year, rent prices have increased by 3.3%. Downtown El Paso provides easy access to El Paso C.C., Transmountain, El Paso International, and El Paso C.C., Rio Grande.
Falcon Hills
Average Rent
$918/Month
Year-Over-Year Rent Change
0.6%
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in El Paso, Falcon Hills might be the perfect place! It has an average rent price of $918, while the city’s average stands at $976. In the last year, prices have decreased by 0.6%. Falcon Hills is near Redd Wind Village, El Paso C.C., Northwest Campus, and Belvidere Village.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.