Montecillo Living
150 W Castellano Dr,
El Paso, TX 79912
$1,300 - $3,125
Studio - 3 Beds
Rental Market Trends in El Paso, TX
What is the average rent in El Paso, TX?
$975/month
Average Rent
648 Sq Ft
Average Apartment Size
+1.7%
Increase in the Last Year
El Paso, TX Rental Market Overview
The average rent in El Paso, TX is $975 per month. This is 41% lower than the national average rent of $1,644/month, making renting in El Paso more affordable than most cities in the US.
- Studio apartments in El Paso average $771 per month.
- One-bedroom apartments in El Paso average $975 per month.
- Two-bedroom apartments in El Paso average $1,143 per month.
- Three-bedroom apartments in El Paso average $1,413 or more per month.
Data Updated: June, 2026
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in El Paso, TX?
In the past year, rent has increased by 1.7%, which averages out to $17 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in El Paso, TX
Last Updated June 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
22%
Below $700/month
39%
$700 - $1,000/month
32%
$1,001 - $1,500/month
7%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in El Paso?
Based on current rent prices, El Paso High, Colonia del Carmen and Las Flores are the most affordable neighborhoods in El Paso.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in El Paso?
Based on current rent prices, Morningside Heights, Bradley and Highland Park are the most expensive neighborhoods in El Paso.
Neighborhood
Average Rent
Average Sq Ft
Which El Paso neighborhoods have the most rentals available?
The neighborhoods in El Paso with the most apartments available are Mesa Hills, Westside El Paso and Crestmont .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in El Paso, TX?
Because the average rent in El Paso is $975, you’ll want to make about $3,250 per month or $39,000 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in El Paso, TX is 12.7% lower than the national average. Generally, housing in El Paso is 32.9% less expensive than the national average, with rent falling between $771 - $1,413. You can expect to pay 2.4% less for groceries, 10.9% less for utilities, and 3.5% more for transportation.
How does El Paso, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare El Paso, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$548/month
$480/month
One Bedroom
$727/month
$594/month
Two Bedroom
$1,317/month
$907/month
Three Bedroom
$2,131/month
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.