Cheapest Neighborhoods in El Paso, TX
Some of the cheapest neighborhoods in El Paso are El Paso High, 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 June 23, 2026, the average rent in El Paso is $980, which is 2.2% 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.
El Paso High
Average Rent
$720/Month
Year-Over-Year Rent Change
4.5%
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in El Paso, El Paso High might be the perfect place! It has an average rent price of $720, while the city’s average stands at $980. In the last year, prices have increased by 4.5%. El Paso High is near Montana Village Business Plaza, El Paso C.C., Transmountain, and Franklin Mountains State Park.
Colonia del Carmen
Average Rent
$822/Month
Units Available
12 Rentals
Colonia del Carmen is a top choice for budget-conscious renters for a variety of reasons. The average rent in Colonia del Carmen is $822 while the city average is $980. Residents enjoy convenient access to El Paso C.C., Mission Del Paso, Parkview Shopping Center, and Magoffin Home State Historic Site.
Las Flores
Average Rent
$822/Month
Year-Over-Year Rent Change
1.4%
Units Available
12 Rentals
When you’re looking for a great El Paso neighborhood on a budget, check out Las Flores. The average rent is $822, compared to the city average of $980. Rent prices have decreased by 1.4%. Las Flores is convenient to Gateway East Plaza, El Paso C.C., Valle Verde, and El Paso C.C., Rio Grande.
Pecan Grove
Average Rent
$825/Month
Year-Over-Year Rent Change
1.7%
Units Available
18 Rentals
Pecan Grove is an affordable neighborhood in El Paso with an average rent price of $825. Compare this to the city average of $980. In the past year, rent prices have increased by 1.7%. Pecan Grove provides easy access to Ascarate Park, El Paso C.C., Rio Grande, and Zaragosa Point.
Milagro Hills
Average Rent
$874/Month
Year-Over-Year Rent Change
3.2%
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 $874, while the city’s average stands at $980. In the last year, prices have increased by 3.2%. Milagro Hills is near Wyler Aerial Tramway, Gene Roddenberry Planetarium, and El Paso Zoo.
Downtown El Paso
Average Rent
$875/Month
Year-Over-Year Rent Change
3.3%
Units Available
24 Rentals
Downtown El Paso is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown El Paso is $875 while the city average is $980. This is a 3.3% difference from last year. Residents enjoy convenient access to El Paso C.C., Rio Grande, Chamizal National Memorial, and El Paso International.
Rushfair
Average Rent
$875/Month
Year-Over-Year Rent Change
5.1%
Units Available
12 Rentals
When you’re looking for a great El Paso neighborhood on a budget, check out Rushfair. The average rent is $875, compared to the city average of $980. Rent prices have increased by 5.1%. Rushfair is convenient to Gene Roddenberry Planetarium, El Paso C.C., Transmountain, and El Paso C.C., Rio Grande.
Pico Norte
Average Rent
$891/Month
Year-Over-Year Rent Change
1%
Units Available
18 Rentals
Pico Norte is an affordable neighborhood in El Paso with an average rent price of $891. Compare this to the city average of $980. In the past year, rent prices have decreased by 1%. Pico Norte provides easy access to TJ Centre, El Paso International, and El Paso C.C., Mission Del Paso.
Lomas Del Rey
Average Rent
$934/Month
Year-Over-Year Rent Change
1.6%
Units Available
24 Rentals
If you’re looking for a great, affordable neighborhood in El Paso, Lomas Del Rey might be the perfect place! It has an average rent price of $934, while the city’s average stands at $980. In the last year, prices have increased by 1.6%. Lomas Del Rey is near El Paso Desert Botanical Garden, Santi Retail Spaces, and El Paso C.C., Rio Grande.
Magoffin-San Antonio District
Average Rent
$936/Month
Units Available
13 Rentals
Magoffin-San Antonio District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Magoffin-San Antonio District is $936 while the city average is $980. Residents enjoy convenient access to UT El Paso, Magoffin Home State Historic Site, and 320-326 S El Paso St.
Ready to make your move to El Paso? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.