Mesa Village Apartments
7227 N Mesa St,
El Paso, TX 79912
1-2 Beds | $892 - $1,135
Rental Market Trends in El Paso, TX
What is the average rent in El Paso, TX?
$950/month
Average Rent
646 Sq Ft
Average Apartment Size
+2.6%
Increase in the Last Year
As of December 2024, the average rent in El Paso, TX is $950 per month. This is 39% lower than the national average rent of $1,560/month, making renting in El Paso more affordable than most cities in the US. When you rent an apartment in El Paso, you can expect to pay about $738 per month for a studio, $950 for a one-bedroom apartment, and around $1,108 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,382 or more.
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 2.6%, which averages out to $25 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 December 2024
Legend
2023
2024
Rent Ranges in El Paso, TX
Last Updated December 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
24%
Below $700/month
40%
$700 - $1,000/month
29%
$1,001 - $1,500/month
6%
$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, Lambka Park, Festival Hills and Mesa Hills 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, Tierra Rica, North Hills East and North Hills West 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, Crestmont and Westside El Paso .
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 $950, you’ll want to make about $3,166 per month or $37,992 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.
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
$600/month
-
One Bedroom
$903/month
$1,277/month
Two Bedroom
$1,092/month
$1,669/month
Three Bedroom
$1,383/month
$2,000/month
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Methodology
† 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.
* Percentages may not total 100 due to rounding.