Average Rent in El Paso, TX

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Current Versus Historical El Paso, TX Rents

El Paso rentals average $1,700 for a studio rental to $1,995 for a 4-bedroom rental. The median price of all currently available listings is $1,595, or roughly $1 per square feet.

For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $760 (80.85%) year-over-year from $940 to $1,700. 1-bedroom rentals prices have decreased by $20 (-2.66%) year-over-year from $745 to $725. 2-bedroom rentals prices have decreased by $146 (-12.14%) year-over-year from $1,201 to $1,055. 3-bedroom rentals prices have increased by $68 (4.42%) year-over-year from $1,528 to $1,595. 4-bedroom rentals prices have increased by $146 (8.08%) year-over-year from $1,804 to $1,950. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 61.52% this month. 1-bedroom rents have gone up by 1.16% this month. 2-bedroom rents have gone down by 10.97% this month. 3-bedroom rents have gone up by 4.13% this month. 4-bedroom rents have gone up by 1.30% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$1,700	$940 (80.85%)	$638 (166.67%)
1 BR	$0.20	$725	$745 (-2.66%)	$771 (-5.97%)
2 BR	$0.78	$1,055	$1,201 (-12.14%)	$1,411 (-25.23%)
3 BR	$0.97	$1,595	$1,528 (4.42%)	$1,342 (18.88%)
4+ BR	N/A	$1,950	$1,804 (8.08%)	$1,636 (19.19%)

Historical Rents in El Paso, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near El Paso

Let's compare El Paso, TX's rent against other top cities nearby by bedroom size.

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near El Paso

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near El Paso

Some of these counties include El Paso, TX, El Paso East, TX, and El Paso Northwest, El Paso, TX. The average rent for rentals in these counties is $1,795. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is El Paso, TX. It's average rent per month is $1,430. Vice versa, with an average rent of $2,000, El Paso Northwest, El Paso, TX is the most expensive county by El Paso, TX.

Typically, rent for studios in El Paso, TX is 29.41% more expensive than other counties nearby. In comparison, rent for one bedroom listings in El Paso, TX is on par with the other counties nearby. Finally, rent for two bedrooms in El Paso, TX is 3.01% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
El Paso, TX	$1,200	$745	$1,080	$1,430
El Paso East, TX	N/A	$813	$775	$1,795
El Paso Northwest, El Paso, TX	$1,288	N/A	$1,048	$2,000

Top Zipcodes Near El Paso

There are a total of 4 zipcodes in or near El Paso, TX. The average rent for all of these zipcodes is $1,625. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 79924, El Paso, TX at $1,495 per month. In comparison, the zipcode with the most expensive average rent of $1,900 per month is 79912, El Paso, TX.

Meanwhile, two bedroom apartments will cost you an average of $1,140 per month. The following chart includes the top 4 zipcodes in El Paso, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
79938, Fort Hancock, TX	N/A	N/A	$1,010	$1,750
79912, El Paso, TX	N/A	N/A	$1,395	$1,900
79936, El Paso, TX	N/A	N/A	$1,230	$1,500
79924, El Paso, TX	N/A	N/A	$1,050	$1,495

Frequently Asked Questions - El Paso Average Rents

What is the average rent price in El Paso, TX?

The average monthly rental price for El Paso, TX apartments for rent is approximately $1,595. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do El Paso, TX rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in El Paso, TX.

How much is a studio apartment in El Paso, TX?

The average monthly rental price for studio apartments is $1,700 and an average price per square feet of $0. There are a total of 9 studio apartment listings currently available for rent in El Paso.

How much is a one bedroom apartment in El Paso, TX?

The average monthly rental price for one bedroom apartments is $745 and an average price per square feet of $0.20. There are a total of 51 one bedroom apartment listings currently available for rent in El Paso.

How much is a two bedroom apartment in El Paso, TX?

The average monthly rental price for two bedroom apartments is $1,080 and an average price per square feet of $0.78. There are a total of 123 two bedroom apartment listings currently available for rent in El Paso.

How have rent prices in El Paso, TX changed this year?

Rent prices for rentals in El Paso, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.81%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by 0.04% year-over-year.

What is a reasonable rent price in El Paso, TX?

A reasonable rent price in El Paso, TX is around $1,276/month. You can search for these reasonably priced rental listings on RentHop.