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501 Prospect

El Paso, TX 79902 - El Paso County

Apartment

1 beds

1 baths

About 501 Prospect

Studio apartment with 1 bedroom and 1 bathroom. Independent heating and cooling unit. Water, gas and electricity included. Private entrance. On-site parking. Quiet building in central El Paso. Minutes from UTEP and Downtown. 1-year lease. No pets (service animals allowed with verification) Application must include credit, criminal and eviction reports Unit Details. Studio Apartment - 1 Bedroom 1 Bathroom. Lease Term: 1-year lease. Cozy and centrally located studio apartment just minutes from UTEP, Downtown, hospitals, I-10, public transportation and shopping centers. Features. Studio layout with 1 bedroom. 1 full bathroom. Kitchen area. Living space with natural light. Quiet building. Utilities Included. Water. Gas. Electricity. Requirements. Completed rental application. Application must include: Credit report. Criminal background report. Eviction history. Applications missing any of. Air Conditioner.

RentalSource last checked: December 11, 2025 at 6:13 AM ET

Last updated: December 3, 2025 at 2:42 PM ET

Listed by: EP Sharp Residential, (915) 525-7969 via DoorLoop

Property Summary

Property Type:	Apartment
Rental Fee:	$650
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	Inquire
Pet Friendly:	No
Listing Status:	Active
ID:	82638501

Community Features

• Public Transportation

• Reserved Parking

Leasing Information

12-month. Deposit: $390.

Additional Details

Apartment for rent in El Paso for $650 with 1 bed, 1 bath and located at 501 Prospect in El Paso, TX 79902. The rental price of $650 is 25.5% ($223) lower than the average rent of $873 for a 1 bedroom apartment in El Paso, TX. 501 Prospect was advertised by EP Sharp Residential on December 3, 2025 at 8:32 AM ET and last checked today at 6:13 AM ET.

Affordability Calculator

Can I afford to live at 501 Prospect?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$26,000 /year

With your chosen rent-to-income ratio, an annual income of $26,000 is recommended to comfortably afford this 1-bedroom rental priced at $650 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$650

Rent Affordability Calculator

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Property managed by:

EP Sharp Residential
(915) 525-7969

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.