Rent to Own Homes in El Paso, TX

Located on the very edge between the United States and Mexico, El Paso is a unique city with a diverse makeup of cultures, people and attractions. The downtown area houses a rich assortment of architectural and historical places, such as the Cathedral of Saint Patrick and the Sunset District, but every corner of the city has something of interest. Home to the University of Texas at El Paso, the city prides itself on its excellent higher education system, as well as its safety record. El Paso has been named the safest large city in America for three straight years, including 2013. The military also has a large presence in El Paso, with the Biggs Army Airfield and Fort Bliss located within the borders. The climate in the city is notable too, with a dry, desert atmosphere that makes for hot, dusty summer and mild winters, with very little humidity. Overall, El Paso is an up-and-coming city favored by young singles beginning fruitful careers, and it has a great selection of rentable, buyable, and rent to own houses.

El Paso, TX is a great place for affordable rent-to-own homes! With a median household income of over $48,866 and a median rent of $857, the El Paso, TX rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in El Paso, TX. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out 300 El Paso, TX rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
301 Via Cremona Way
3 Beds, 3 Baths
Rent To Own
Valley Creek North
Single Family Home
El Paso, TX 79932
2,488 Sqft | Built in 2005
1005 Singing Hills Dr
4 Beds, 3.5 Baths
Rent To Own
Thunderbird
Single Family Home
El Paso, TX 79912
3,448 Sqft | Built in 1961
2605 John Mcenroe Pl
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
El Paso, TX 79938
1,363 Sqft | Built in 2012
1 of 19 10003 Fallen Hero Lane
4 Beds, 2.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
El Paso, TX 79938
3,318 Sqft | Built in 2006
1 of 19 12636 Wolf Berry Dr
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
El Paso, TX 79928
2,314 Sqft | Built in 2010
Hot
1 of 32 5009 Margarita Talamantes
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
El Paso, TX 79938
1,307 Sqft | Built in 2017
4200 Girl Scout Lane
3 Beds, 2 Baths
Rent To Own
Sunset
Multifamily (2 - 4 Units)
Sunland Park, NM 88063
1,400 Sqft | Built in 1983
1 of 15 893 Dakota River Ave
4 Beds, 2.5 Baths
Rent To Own
West Valley
Single Family Home
El Paso, TX 79932
2,147 Sqft | Built in 2005
Rent to own homes offer low monthly payments and flexible terms
1 of 32 10250 Valle Del Sol Dr
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
El Paso, TX 79924
1,034 Sqft | Built in 2005
7097 Tierra Roja St
4 Beds, 2.5 Baths
Rent To Own
Kohlberg
Single Family Home
El Paso, TX 79912
1,895 Sqft | Built in 2001
6236 Viale Lungo Ave
3 Beds, 2 Baths
Rent To Own
Valley Creek North
Single Family Home
El Paso, TX 79932
2,483 Sqft | Built in 2005
Hot
226 Mcnutt Rd
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Sunland Park, NM 88063
955 Sqft | Built in 1929
1229 Myrtle Ave
2 Beds, 1 Bath
Rent To Own
Magoffin
Townhouse/Condo
El Paso, TX 79901
1,195 Sqft | Built in 1926
71 Northwind Dr
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
El Paso, TX 79912
2,734 Sqft | Built in 1969
5012 Alps Dr
3 Beds, 1.5 Bath
Rent To Own
Mountain View North
Single Family Home
El Paso, TX 79904
1,374 Sqft | Built in 1955
1209 W Main Dr
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
El Paso, TX 79902
1,389 Sqft | Built in 1920
1031 Vinton Ave #35a & 35b
6 Beds, 6 Baths
Rent To Own
 
Single Family Home
Canutillo, TX 79835
2,700 Sqft | Built in 2021
1 of 60 12255 Gaudi Way
4 Beds, 3 Baths
Rent To Own
Sun Ridge North
Townhouse/Condo
El Paso, TX 79938
1,555 Sqft | Built in 2013
12373 Tierra Canada Dr
3 Beds, 2 Baths
Rent To Own
El Dorado West
Single Family Home
El Paso, TX 79938
1,776 Sqft | Built in 2004
1 of 29 5528 Milray Dr
4 Beds, 3.5 Baths
Rent To Own
Valley Creek South
Single Family Home
El Paso, TX 79932
3,709 Sqft | Built in 2006
1 Trevington Rd
5 Beds, 6 Baths
Rent To Own
 
Single Family Home
Santa Teresa, NM 88008
6,814 Sqft | Built in 1976
1 of 53 1509 Eton Manor Dr
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Clint, TX 79836
1,564 Sqft | Built in 2004
836 Liston Pl
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
El Paso, TX 79928
1,109 Sqft | Built in 2012
Hot
1 of 20 121 E Main St
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Fabens, TX 79838
1,367 Sqft | Built in 1987
1 of 4 1766 Vista Montana Rd
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Las Cruces, NM 88005
2,260 Sqft | Built in 1987
1305 Diana Maura Dr
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Las Cruces, NM 88001
975 Sqft | Built in 1955
1 of 37 4439 Nambe Arc
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Las Cruces, NM 88011
2,217 Sqft | Built in 2006
New
4160 Windridge Cir
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Las Cruces, NM 88012
2,352 Sqft | Built in 1995
1 of 21 4885 Califa Ave
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Las Cruces, NM 88012
1,641 Sqft | Built in 2018
12220 Costa Brava Pl
3 Beds, 3 Baths
Rent To Own
Sun Ridge North
Single Family Home
El Paso, TX 79938
1,467 Sqft | Built in 2013
Hot
623 Weinrich Rd
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Las Cruces, NM 88007
2,156 Sqft | Built in 1987
11146 Loma Grande Dr
3 Beds, 2 Baths
Pre-Foreclosure (Lis Pendens)
North Hills East
Single Family Home
El Paso, TX 79934
1,131 Sqft | Built in 1990
12652 Fair Oaks Ct
4 Beds, 2.5 Baths
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Horizon City, TX 79928
1,992 Sqft | Built in 2018
8522 Euphrates Dr
3 Beds, 2 Baths
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
El Paso, TX 79907
1,687 Sqft | Built in 1993
1400 Copper Ridge Dr
3 Beds, 2 Baths
REO Foreclosure
Bear Ridge
Single Family Home
El Paso, TX 79912
2,451 Sqft | Built in 1998
1500 Honeysuckle Dr
3 Beds, 2.5 Baths
Pre-Foreclosure (Lis Pendens)
Cielo Vista North
Single Family Home
El Paso, TX 79925
2,159 Sqft | Built in 2017
7416 Meadow Sage Dr
3 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
El Paso, TX 79911
1,868 Sqft | Built in 2015
857 Los Surcos Rd
3 Beds, 1.5 Bath
REO Foreclosure
 
Townhouse/Condo
El Paso, TX 79907
1,131 Sqft | Built in 1985
10949 Sandy Koufax Dr
3 Beds, 2.5 Baths
REO Foreclosure
Cooperstown
Single Family Home
El Paso, TX 79934
1,613 Sqft | Built in 1990
117 W Point Dr
4 Beds, 1.75 Bath
Pre-Foreclosure (Lis Pendens)
Shawver Park
Single Family Home
El Paso, TX 79907
1,789 Sqft | Built in 1974
6201 Belton Rd
4 Beds, 2 Baths
REO Foreclosure
Sunland Park North
Single Family Home
El Paso, TX 79912
2,192 Sqft | Built in 1966
10157 Newcastle Dr
3 Beds, 1 Bath
Pre-Foreclosure (Lis Pendens)
Village Green
Single Family Home
El Paso, TX 79924
1,057 Sqft | Built in 1959
1281 Trail Ridge Dr
4 Beds, 3 Baths
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
El Paso, TX 79912
2,549 Sqft | Built in 1999
4808 Sierra Madre Dr
2 Beds, 1 Bath
Pre-Foreclosure (Lis Pendens)
Las Sierras
Single Family Home
El Paso, TX 79904
782 Sqft | Built in 1955
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Rent to Own Homes in Cities Near El Paso, TX

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Buying a Home in El Paso, TX

El Paso, TX is seeing rapid growth and El Paso, TX's' housing market remains optimal with an average home price that is -39% below the 2022 national average. El Paso, TX is part of El Paso county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county El Paso is 2.09% which is above the national average, which is 0.99%.

Median Home Price in El Paso, TX

Median Rent in El Paso, TX

Rent to own homes offer low monthly payments and flexible terms

Average Cost of Living in El Paso, TX

For a family of four, the average monthly cost of living, excluding rent, is $2,652.06 and $775.50 for a single person.

Average Cost of a Home in El Paso, TX

The median home cost in El Paso, TX, is $159,732, below the national average.

El Paso Statistics

If you're interested in El Paso rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common El Paso statistics compared to the U.S. national average.

El Paso AveragesNational Averages
One-Way Commute22.7 minutes27.1 minutes
Violent Crime3.6022.7
Property Crime15.7035.4
Unemployment Rate7.7%4.7%
Income Tax RateNo income tax4.6%
Air QualityAQI 40AQI 40
Water QualityHigh ChromiumSafe
Median Household Income$42,037$79,900
Median Property Taxes$2,670$2,471
Utilities$191.36$171.67
Monthly Rent$886$1,098
Median Home Cost$159,731$295,300
Median Home Age37 years37 years

Housing Statistics

El Paso is just beginning to see increases in the housing market, starting with home values which have seen a 1.9 percent increase over last year. The options there are expanding -- and there's a good chance homeseekers will find rental apartments and houses, or homes for purchase. El Paso certainly wasn't immune to the recession, but its large number of homeowners and limited vacancy rates means demand is higher than available properties, ensuring continued growth and rising values. The ownership rate is 57.8 percent, with renters making up 39.5 percent, leaving approximately 2.5 percent of properties unoccupied. The apartment vacancy rate was a little better, averaging 3.2 percent across all neighborhoods within El Paso, but that's still far lower than the nation's average. The sales prices of homes are also steadily inclining, with a median price of $128,453 over the last 12 months, which is an increase of 5 percent over the previous 12 months. Additionally, the average home price was $161,500, an improvement over previous numbers, and yet still very affordable for most Americans. El Paso enjoys a lower than average cost of living, including low housing costs that entice buyers from around the country.

Local Shopping

El Paso is a huge city with over 672,000 people residing in it, which means a lot of people need access to a variety of shopping options, both for essentials and for luxury items. One of the most popular places to visit for retail therapy is Cielo Vista Mall, which is found off the I-10 past Fort Bliss. It caters to families, individuals and military personnel who need some time to scoop up the latest fashions and enjoy some down time. Budget shoppers hoping to score a great deal on factory stock particularly adore the Outlet Shoppes on Desert Road. Further inland is the NorthPark Shopping Center, and there are other malls on the western edge of the city.

Local Events and Festivals

El Paso prides itself on its community events and unique festivals that run throughout the year. Just a few of the regular festivals include Fiesta de las Flores, which is held over Labor Day Weekend and emphasizes Hispanic heritage. KLAQ Balloon Fest is a three-day celebration of hot air ballooning, where the sky fills with balloons. Finally, Music under the Stars is a summer-long concert series of live music that sees up to 60,000 attendees. There are several more annual festivals along with regularly changing events that appeal to residents and visitors from all over the state.

Neighborhoods

El Paso is home to several neighborhoods that are known for their historic nature, recreational amenities and beautiful homes. Each one has something unique to offer. If you're looking for a rental or a house to buy in El Paso, check out more about the neighborhoods below.

El Paso, TX Frequently Asked Questions

El Paso is a very affordable place to live. Overall, many of its residents live in poverty, but it has a relatively low crime rate.

El Paso's violent and property crime rates are well below the national average, making it a reasonably safe city.

No, El Paso is located in the Mountain time zone.

El Paso, TX has a walk score of

El Paso, TX has a bike score of

The state tax rate is 0% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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