Montecillo Living
150 W Castellano Dr,
El Paso, TX 79912
Studio - 3 Beds | $1,300 - $3,125
Rental Market Trends in El Paso, TX
Updated July 2026
The average rent in El Paso, TX is $992/month.
Rent in El Paso is 40% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$992/month
Average Rent
651 Sq Ft
Average Size
+2.2%
Change / Year
3,008
Available Apartments
El Paso rent varies by unit size and layout:
- Studio apartments in El Paso average $786 per month.
- One-bedroom apartments in El Paso average $992 per month.
- Two-bedroom apartments in El Paso average $1,154 per month.
- Three-bedroom apartments in El Paso average $1,426 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in El Paso, TX?
In the past year, rent has increased by 2.2%, which averages out to $22 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in El Paso, TX
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
22%
Below $700/month
37%
$700 - $1,000/month
33%
$1,001 - $1,500/month
7%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in El Paso?
Based on current rent prices, Colonia del Carmen, Las Flores and Pecan Grove 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, Resler Canyon, Americas and Ranchos del Sol 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 Westside El Paso, Vista Hills and Festival Hills .
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 $992, you’ll want to make about $3,306 per month or $39,672 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 12.3% lower than the national average. Generally, housing in El Paso is 32.2% less expensive than the national average, with rent falling between $786 - $1,426. You can expect to pay 2.9% less for groceries, 10.9% less for utilities, and 3.0% 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.
View the El Paso Area GuideStudio
-
-
One Bedroom
-
$1,315/month
Two Bedroom
-
$1,269/month
Three Bedroom
-
$1,374/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in El Paso?
The average rent in El Paso is $992 per month, which is 40.3% lower than the national average of $1,663.
What is the average rent for a house in El Paso?
The average rent for a house in El Paso, TX is $1,847 per month.
What is the average rent for a townhome in El Paso?
The average rent for a townhome in El Paso, TX is $1,175 per month.
What is the average rent for a condo in El Paso?
The average rent for a condo in El Paso, TX is $1,039 per month.
Are rents going up or down in El Paso?
Rents in El Paso, TX are increasing, with prices up 2.2% year-over-year and $22 more per month.
What rent range is most common in El Paso?
In El Paso, TX, 37% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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.