Rental prices in Lower Valley, El Paso, TX have increased by 3.4% over the past year. The average rent moved from $947 to $979.
Check out the average rent in El Paso.
The national average price of rental apartments is $1,741, while the average monthly rent in Lower Valley, El Paso, TX is $979.
The average monthly rent for an apartment in Lower Valley, El Paso, TX is around $979.
A share of 60% of apartments in Lower Valley, El Paso, TX have the cheapest rents between ≤ $1000. Around 38% of Lower Valley's apartments have monthly rents between $1,001-$1,500. There are 2% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Lower Valley, El Paso, TX (60%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Lower Valley, El Paso, TX is $914.
In Lower Valley, 38% of the residents are renting compared to 62% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Lower Valley's rentals, 51% are small-scale complexes with under 50 units, and 33% are single-family rentals.
In total, Lower Valley, El Paso, TX has 76,540 residents, 40,364 women and 36,176 men, per U.S. Census recent estimates. Statistics show that the median age of Lower Valley’s population is 36.
There is a total of 26,412 households in Lower Valley, El Paso, TX. Of these, 9,283 have children and 17,129 are without children. Per Census Bureau’s most current estimates, 18,941 family households and 7,471 non-family households live in this area. The size of a household in Lower Valley is 2.25 people, on average. The median household annual income in Lower Valley equals $41,901, and the monthly housing costs equal $747.
According to data from the U.S. Census Bureau, 18% of the population in Lower Valley, El Paso, TX have no high school education, 42% went to high-school, and 20% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 9% hold a Bachelor Degree, and 3% hold a Graduate Degree.
