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 El Paso, TX rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
Hot
2605 JOHN MCENROE PL
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Rent To Own
 
Single Family Home
El Paso, TX 79938
3
2
1363 ft2
2012
7424 MESQUITE FLOR DR
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Rent To Own
 
Single Family Home
El Paso, TX 79934
3
3
1897 ft2
2007
1005 SINGING HILLS DR
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Rent To Own
Westside El Paso
Single Family Home
El Paso, TX 79912
4
4
3259 ft2
1961
301 Via Cremona Way
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Rent To Own
Westside El Paso
Single Family Home
El Paso, TX 79932
3
3
2488 ft2
2005
5824 WESTSIDE DR
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Rent To Own
Westside El Paso
Single Family Home
El Paso, TX 79932
1
1
1080 ft2
1950
420 FULBROOK
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Rent To Own
San Elizario
Single Family Home
San Elizario, TX 79849
3
3
1708 ft2
2009
4169 PURPLE SAGE DR
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Rent To Own
 
Single Family Home
Las Cruces, NM 88011
3
3
2360 ft2
2020
12229 GAUDI WAY
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Rent to Own Eligible
Las Teirras
Single Family Home
El Paso, TX 79938
3
2
1450 ft2
2013
9680 STONEHAVEN DR
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Rent to Own Eligible
Stonehaven
Single Family Home
El Paso, TX 79925
3
2
1714 ft2
1961
New
11669 MCAULIFFE DR
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Rent to Own Eligible
O'Shea Keleher
Single Family Home
El Paso, TX 79936
3
3
1411 ft2
1989
New
7320 ALPINE DR
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Rent to Own Eligible
Ranchland West
Single Family Home
El Paso, TX 79915
3
2
1216 ft2
1955
New
11047 JOHNNY MILLER DR
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Rent to Own Eligible
Glen Cove
Single Family Home
El Paso, TX 79936
3
2
1659 ft2
1977
11537 BIG BEAR CT
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Rent to Own Eligible
Stanton Heights
Single Family Home
El Paso, TX 79936
4
2
1448 ft2
1992
New
3124 Wayside Drive
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Rent to Own Eligible
Vista Hills Park
Single Family Home
El Paso, TX 79936
3
2
1360 ft2
1980
3120 WAYSIDE Street
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Rent to Own Eligible
Pebble Hills South
Single Family Home
El Paso, TX 79936
2
2
1010 ft2
1981
New
2001 Bobby Jones Dr
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Rent to Own Eligible
Glen Cove
Single Family Home
El Paso, TX 79936
3
3
1115 ft2
1971
3240 ISLA BANDERAS WAY
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Rent to Own Eligible
Album
Townhouse/Condo
El Paso, TX 79925
3
2
1377 ft2
1980
1 of 68 9808 ACER AVE
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Rent to Own Eligible
Travis White
Single Family Home
El Paso, TX 79925
5
2
1816 ft2
1959
3454 BROKEN ARROW DR
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Rent to Own Eligible
Indian Ridge East
Single Family Home
El Paso, TX 79936
3
2
1662 ft2
1991
New
5549 PRINCE EDWARD AVE
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Rent to Own Eligible
Village Green
Townhouse/Condo
El Paso, TX 79924
5
3
2918 ft2
2019
8626 METTLER DR
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Rent to Own Eligible
Cielo Vista North
Townhouse/Condo
El Paso, TX 79925
5
2
2360 ft2
1969
3703 DEPALM ISLAND PL
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Rent to Own Eligible
Montana West
Townhouse/Condo
El Paso, TX 79936
3
3
1606 ft2
1996
10537 EAGLESTONE WAY
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Rent to Own Eligible
Album
Single Family Home
El Paso, TX 79925
3
2
3011 ft2
1973
8021 ARVIN RD
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Rent to Own Eligible
Shawver Park
Single Family Home
El Paso, TX 79907
3
2
1550 ft2
1979
11332 JACK CUPIT LN
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Rent to Own Eligible
Vista Hills
Single Family Home
El Paso, TX 79936
3
1
1304 ft2
1977
8620 GROVER DR
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Rent to Own Eligible
Cielo Vista South
Single Family Home
El Paso, TX 79925
3
2
1472 ft2
1968
3125 Voss Drive
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Rent to Own Eligible
Pebble Hills South
Single Family Home
El Paso, TX 79936
3
2
1198 ft2
1984
1605 LARRY WADKINS DR
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Rent to Own Eligible
Vista Hills
Single Family Home
El Paso, TX 79936
3
2
2100 ft2
1978
1 of 37 9304 WH BURGES DR
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Rent to Own Eligible
Cielo Vista East
Single Family Home
El Paso, TX 79925
6
3
2662 ft2
1970
12249 DESERT SEA CT
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Rent to Own Eligible
 
Single Family Home
El Paso, TX 79938
4
4
2231 ft2
2023
2705 ESCARPA DR
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Rent to Own Eligible
Pico Norte
Single Family Home
El Paso, TX 79935
3
2
1388 ft2
1972
11417 PIFAS NEVAREZ PL
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Rent to Own Eligible
Sandstone Ranch Estates
Single Family Home
El Paso, TX 79934
4
2
1912 ft2
2009
Address Withheld
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Rent to Own Eligible
Central El Paso
Single Family Home
El Paso, TX 79925
3
3
1412 ft2
2007
New
5056 Alyssa Jade St
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Rent to Own Eligible
Tres Suenos
Single Family Home
El Paso, TX 79938
4
2
0 ft2
2024
New
7931 SUNNYFIELDS AVE
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Rent to Own Eligible
Thomas Manor
Single Family Home
El Paso, TX 79915
3
2
1530 ft2
1956
New
518 Spanish Oaks Dr
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Rent to Own Eligible
 
Single Family Home
Canutillo, TX 79835
3
3
0 ft2
2024
New
11128 SHINER AVE
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Rent to Own Eligible
Indian Ridge North
Single Family Home
El Paso, TX 79936
3
2
1844 ft2
1983
New
11749 PRADO DEL SOL DR
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Rent to Own Eligible
Marty Robbins South
Single Family Home
El Paso, TX 79936
4
2
1271 ft2
1985
1 of 11 10137 ALCAN ST
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Rent to Own Eligible
Village Green
Single Family Home
El Paso, TX 79924
3
2
1476 ft2
1958
1 of 61 4833 KIMBERLY NICOLE PL
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Rent to Own Eligible
Tres Suenos
Single Family Home
El Paso, TX 79938
4
3
2229 ft2
2018
12756 MARIA L FERNANDEZ
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Rent to Own Eligible
Tres Suenos
Single Family Home
El Paso, TX 79938
4
2
1633 ft2
2015
12313 OLGA MAPULA DR
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Rent to Own Eligible
Ranchos del Sol
Single Family Home
El Paso, TX 79936
4
2
1588 ft2
2001
1 of 45 1165 AMBER MORGAN DR
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Rent to Own Eligible
Ranchos del Sol
Single Family Home
El Paso, TX 79936
3
2
1669 ft2
2001
New
2313 ENCHANTED HAWK PL
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Rent to Own Eligible
Westside El Paso
Single Family Home
El Paso, TX 79911
4
3
0 ft2
2024
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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 2024 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 2024 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.