Property Prices in El Paso, TX, United States

Index Info
Price to Income Ratio: 2.70
Mortgage as Percentage of Income: 24.16%
Loan Affordability Index: 4.14
Price to Rent Ratio - City Centre: 8.25
Price to Rent Ratio - Outside of Centre: 9.15
Gross Rental Yield (City Centre): 12.13%
Gross Rental Yield (Outside of Centre): 10.93%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,058.68 $ 950.00-1,300.00
Apartment (1 bedroom) Outside of Centre 887.50 $ 800.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,703.60 $ 1,268.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,600.00 $ 1,500.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 168.51 $ 162.02-180.00
Price per Square Feet to Buy Apartment Outside of Centre 164.76 $ 162.02-166.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,315.82 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 6.19-6.80

These data are based on 83 entries from 26 contributors over the past 18 months.
Last update: April 2025

Sources and References
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