El Paso is a bustling and growing city in the Southwestern United States. Geographically located just north of Juarez—a city of 1.3 million in northern Mexico—and 30 miles east of Las Cruces, New Mexico, El Paso has a lot to offer. Our sister cities provide a lot of economic trade, traffic, opportunities, and commerce.
Our beautiful city also houses one of the biggest military installations in the United States, which means that hundreds of military families are coming into the city in any given year. In addition to Fort Bliss, El Paso is home to various institutions of higher learning like the University of Texas at El Paso, El Paso Community College, Texas Tech, and more. All of this brings plenty of movement and incoming activity—people looking for rental properties for their stay in the Sun City. At first glance, renting an apartment might sound like a good idea, but there is another option. Renting a home provides several significant benefits.
More bang for your buck
Renting a home means that you’re getting a lot more space and amenities. With a home, you’ll likely be renting garage space, a living room, 2-3 bedrooms, and even a backyard. This is a world away from the typical 1 or 2-bedroom apartment. Not only are the rooms smaller and everything is downsized, but there is no backyard space. If you have pets or children, a backyard can really be a lifesaver. It allows kids and pets to play outside while under your supervision. While many apartment complexes today are pet-friendly, they often high exorbitant pet deposits while constricting your pet to a smaller space.
Privacy
In addition to more space, renting a home is far more private. Apartments are smashed together, forced to share a wall with your neighbor in all directions. This leaves little room for freedom and playing music, having multiple guests, or maybe working on your hobbies like minor gardening, or outdoor exercise. The privacy of a home is one of the biggest perks of renting a home.
A sneak peek into family living
If you are a young family thinking of buying your own home soon, renting a home can give you an idea of the kind of property you want and need for your lifestyle. Get a sense of the chores and daily responsibilities that come with a home without jumping right into it. Many young couples decide to rent a home before they buy.
Parking space
Another perk of renting a home is the ability to park right by your door. Apartment complexes might require a walk or a flight of stairs. The convenience of having a driveway or garage can make things like carrying in groceries, furniture, and other goods much easier.
Possibility for roommates
Depending on the landlord and the lease agreement, you might be in a situation where you can rent with one or two college friends or other professionals looking for affordable housing. This will help split the costs two or three ways, while still giving everyone enough space to stay out of each other's way.
Average Rental Prices in El Paso
If you are new to the area, you are probably wondering what the average rental prices in the city look like. While rental prices tend to change year to year, getting an idea of what you might expect to pay in El Paso around 2021 will help you make the decision.
According to RentJungle, the average rental price for an apartment in El Paso is about $879. One-bedroom apartments will run you about $754 a month on average. For some of the more luxury apartments in the city, a one-bedroom apartment will cost about $800 or $900 dollars. This doesn’t include utilities. Most apartments will ask for electricity, gas, and/or internet. This varies a little across several apartment complexes, but typically an apartment unit will require paying some utilities.
The rental price of a home in El Paso will also vary greatly depending on what side of town and what neighborhood it is in. It is well known, however, that renting a home in El Paso tends to be cheaper and/or the same as renting an apartment. For a nice neighborhood near a good school and a home with 2-3 bedrooms, you might see anything from $875-$1,100. According to Rentcafe, the national average rent in February 2020 was $1,468. This shows just how low El Paso rental prices can be compared to the average across the country. In El Paso, you can find a home for rent that fits the needs of you and your family for just about the same you would if renting a much smaller apartment.
Find the Rental Home of Your Dreams, Today!
Renting a home provides many benefits and, just like with any apartment rental, the landlord is responsible for replacing and/or fixing appliances that might break or malfunction. It’s true that with more space comes more responsibility, which means more chores and cleaning. In a home, you also have the ability to connect a washer and dryer, do a little decorating, and much more.
Whether you are in El Paso for the foreseeable future, for a PCS, or for a year or so while you finish your studies, renting a home is a good choice. At Reliant Property Management, we help pair you with the right property for your needs.
