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RentData.org Logo El Paso Fair Market Rent FY 2015 El Paso, TX MSA Rental Data

Fair Market Rent Prices in El Paso, TX :
$588 $643 $794 $1,125 $1,350
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in El Paso are high compared to the national average. This FMR area is more expensive than 87% of other FMR areas. Fair Market Rent for a two-bedroom apartment in El Paso is $794 per month.

The previous year, rent for a two-bedroom home was $747 per month. This is a 6.29% increase year-over-year.

This FMR rate applies to Fort Bliss, TX, Tornillo, TX, Anthony, TX, Clint, TX, Fabens, TX, San Elizario, TX, Canutillo, TX, El Paso, TX and other cities within the region. The Metro Code or CBSA code for this region is METRO21340M21340.

Additionally, This Fair Market Rent (FMR) area El Paso, TX MSA spans one county or city in Texas which is listed in the table below. Estimated population of El Paso, TX MSA FMR area is 800,647 people based on latest Census data.

Compared to the rest of Texas, the El Paso FMR area is more expensive than 92% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in El Paso. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in El Paso

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 638
1-BR 1-Bedroom $ 697
2-BR 2-Bedroom $ 861
3-BR 3-Bedroom $ 1220
4-BR 4-Bedroom $ 1464
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

There is just one county (listed below) within the El Paso, TX MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: El Paso (Las Cruces).

County / Region Est. Population
El Paso, TX Metro 800,647
Zip Codes in El Paso, TX MSA

There are 60 unique zip codes in this Fair Market Rent (FMR) area:

79821, 79835, 79836, 79838, 79849, 79853, 79901, 79902, 79903, 79904, 79905, 79906, 79907, 79908, 79910, 79911, 79912, 79913, 79914, 79915, 79916, 79917, 79918, 79920, 79922, 79923, 79924, 79925, 79926, 79927, 79928, 79929, 79930, 79931, 79932, 79934, 79935, 79936, 79937, 79938, 79940, 79941, 79942, 79943, 79944, 79945, 79946, 79947, 79948, 79949, 79950, 79951, 79952, 79953, 79954, 79955, 79968, 79995, 79996 and 79997

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What's Next?

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