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
301 Via Cremona Way
Rent To Own
Valley Creek North
Single Family Home
El Paso, TX 79932
3
3
2488 ft2
2005
1005 SINGING HILLS DR
Rent To Own
Thunderbird
Single Family Home
El Paso, TX 79912
4
4
3259 ft2
1961
1 of 37 2605 JOHN MCENROE PL
Rent To Own
 
Single Family Home
El Paso, TX 79938
3
2
1363 ft2
2012
5824 WESTSIDE DR
Rent To Own
Westside El Paso
Single Family Home
El Paso, TX 79932
1
1
1080 ft2
1950
4169 PURPLE SAGE DR
Rent To Own
 
Single Family Home
Las Cruces, NM 88011
3
3
2360 ft2
2020
1 of 511 7326 BLACK MESA DR
Rent to Own Eligible
Westside El Paso
Single Family Home
El Paso, TX 79911
3
3
2153 ft2
2008
1028 SHAWNEE DR
Rent to Own Eligible
Three Hills
Single Family Home
El Paso, TX 79912
3
2
1423 ft2
1982
721 BELVIDERE ST
Rent to Own Eligible
Falcon Hills
Townhouse/Condo
El Paso, TX 79912
1
1
818 ft2
1985
New
1 of 9 2908 BRIAN ALLIN DR
Rent to Own Eligible
Glen Cove
Single Family Home
El Paso, TX 79936
3
2
1480 ft2
1976
13716 VILLA VISTA AVE
Rent to Own Eligible
 
Single Family Home
Horizon City, TX 79928
3
2
1817 ft2
2022
New
500 Thunderbird Dr
Rent to Own Eligible
Westside El Paso
Townhouse/Condo
El Paso, TX 79912
2
2
1530 ft2
1966
1 of 41 1704 DAVE ELLIOTT DR
Rent to Own Eligible
Marty Robbins North
Single Family Home
El Paso, TX 79936
3
2
1294 ft2
1983
New
500 THUNDERBIRD DR #98
Rent to Own Eligible
Westside El Paso
Single Family Home
El Paso, TX 79912
2
2
1530 ft2
1966
1 of 98 1008 SHAWNEE DR
Rent to Own Eligible
Three Hills
Single Family Home
El Paso, TX 79912
3
2
1392 ft2
1982
New
1 of 19 2520 San Jose Ave
Rent to Own Eligible
Central El Paso
Townhouse/Condo
El Paso, TX 79930
3
2
1200 ft2
1980
1 of 65 13578 HARBOTTLE ST
Rent to Own Eligible
 
Single Family Home
El Paso, TX 79928
3
1
1320 ft2
2018
1 of 137 1336 BLACK RIDGE DR
Rent to Own Eligible
Kohlberg
Single Family Home
El Paso, TX 79912
4
2
2061 ft2
1996
2309 RORY WAY
Rent to Own Eligible
Westside El Paso
Single Family Home
El Paso, TX 79911
3
3
2013 ft2
2021
1 of 14 12248 TIERRA MAYA DR
Rent to Own Eligible
El Dorado West
Single Family Home
El Paso, TX 79938
3
2
1041 ft2
2003
1 of 73 12832 COZY COVE AVE
Rent to Own Eligible
 
Single Family Home
El Paso, TX 79938
4
2
1700 ft2
2012
1 of 83 12308 DESERT PINE AVE
Rent to Own Eligible
 
Single Family Home
El Paso, TX 79938
3
2
1996 ft2
2020
1 of 92 11257 NORTHVIEW DR
Rent to Own Eligible
 
Single Family Home
El Paso, TX 79934
3
3
2042 ft2
2008
1 of 43 7333 DESIERTO ORO CT
Rent to Own Eligible
Westside El Paso
Single Family Home
El Paso, TX 79912
3
2
2313 ft2
1995
1 of 58 10914 YOGI BERRA DR
Rent to Own Eligible
Cooperstown
Single Family Home
El Paso, TX 79934
3
3
1582 ft2
1988
11429 ELSA MALDONADO
Rent to Own Eligible
Sandstone Ranch Estates
Single Family Home
El Paso, TX 79934
4
2
2518 ft2
2021
1 of 53 13084 TIERRA CREEL LN
Rent to Own Eligible
Las Teirras
Single Family Home
El Paso, TX 79938
3
2
1985 ft2
2007
1 of 37 13696 SAMLESBURY AVE
Rent to Own Eligible
 
Single Family Home
El Paso, TX 79928
4
2
1520 ft2
2019
1779 BILLY CASPER DR
Rent to Own Eligible
Vista Hills
Single Family Home
El Paso, TX 79936
4
3
2505 ft2
1978
1 of 31 11677 DIANE LYNN CT
Rent to Own Eligible
Loma Linda
Single Family Home
El Paso, TX 79936
4
2
1302 ft2
2001
New
5415 GROVE WEST DR
Rent to Own Eligible
 
Single Family Home
Sunland Park, NM 88063
3
2
1637 ft2
2014
New
13405 EMERALD CRYSTAL DR
Rent to Own Eligible
 
Single Family Home
El Paso, TX 79928
3
2
1954 ft2
2021
10466 DAVWOOD LN
Rent to Own Eligible
Travis White
Single Family Home
El Paso, TX 79925
4
2
2206 ft2
1969
1905 CROW DR
Rent to Own Eligible
Vista Del Sol West
Single Family Home
El Paso, TX 79935
3
2
1880 ft2
1976
245 HUNTSTANTON ST
Rent to Own Eligible
 
Single Family Home
El Paso, TX 79928
4
2
1402 ft2
2022
1 of 94 3865 LOMA ADRIANA DR
Rent to Own Eligible
 
Single Family Home
El Paso, TX 79938
3
2
1320 ft2
2015
464 SPC ISAAC TRUJILLO DR
Rent to Own Eligible
Socorro
Townhouse/Condo
El Paso, TX 79927
4
3
1508 ft2
2018
14108 RAINBOW POINT DR
Rent to Own Eligible
The Points
Single Family Home
El Paso, TX 79938
3
2
1986 ft2
2009
1 of 114 3129 HIDDEN CREEK DR
Rent to Own Eligible
 
Single Family Home
El Paso, TX 79938
4
3
2241 ft2
2013
New
704 Espada Dr
Rent to Own Eligible
Thunderbird
Single Family Home
El Paso, TX 79912
3
3
1463 ft2
2017
1 of 47 6124 VINTAGE ST
Rent to Own Eligible
Montoya Heights
Single Family Home
El Paso, TX 79932
4
2
2780 ft2
2019
1608 GLENN JAMES PL
Rent to Own Eligible
Americas
Townhouse/Condo
El Paso, TX 79936
6
4
2162 ft2
2000
1 of 69 105 THOROUGHBRED CT
Rent to Own Eligible
Westside El Paso
Single Family Home
Santa Teresa, NM 88008
5
3
5915 ft2
2001
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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.