Rental Investing in El Paso, TX

2026 Market Data & Investment Analysis

Gross Yield

7.2%

Annual rent / price

Median Home Price

$200,000

As of 2026-Q1

Median Monthly Rent

$1,200

Per month

Population

678,815

+0.4% / yr (5y avg)

Calculate Your Return in El Paso

Pre-filled with El Paso's median values. Adjust to match your specific property.

Property Details

$

Total acquisition cost before taxes

$
$

HOA, insurance, property management

%

% of time the property is empty

%

% of purchase price (e.g. 2% = 2)

% of price

Rule of thumb: 1% of purchase price/yr

Results

Gross Rental Yield

7.20%

Net Rental Yield

4.64%

Cap Rate

4.64%

Monthly Cash Flow

$773.33

Annual Cash Flow

$9,280.00

> 6% — Excellent4–6% — Good< 4% — Low

Market Overview

Median Home Price — 5-Year Trend

2021
$168,000
2022
$218,000
2023
$207,000
2024
$203,000
2025
$200,000

Median Monthly Rent — 5-Year Trend

2021
$1,015
2022
$1,175
2023
$1,203
2024
$1,202
2025
$1,200

El Paso offers significantly above-average rental yields of 7.2%, making it an attractive market for income-focused investors.

Modest population growth of 0.4% per year indicates a stable but slowly growing rental market.

The vacancy rate of 5.8% is healthy, indicating strong rental demand and limited downtime between tenants.

Investment Profile

Cash Flow Market

El Paso is a cash flow-focused market where high rental yields can generate strong monthly income. Lower population growth means price appreciation may be limited, making this primarily an income play.

Strengths

  • High gross yield of 7.2% supports strong monthly cash flow
  • Lower entry prices relative to rents reduce upfront capital needed
  • Income-driven returns are less dependent on market timing

! Risks

  • Limited price appreciation potential reduces total return
  • Modest population growth limits long-term demand growth

Key Metrics

Gross Yield7.2%
Median Home Price$200,000
Median Monthly Rent$1,200
Population Growth+0.4% / yr
Vacancy Rate5.8%

How El Paso Compares

El Paso vs San Antonio: 0.7 percentage point difference in gross yield.

CityMedian PriceMedian RentGross YieldPop. Growth
San Antonio, TX$260,000$1,4006.5%+1.5%
Houston, TX$285,000$1,5006.3%+1.2%
Dallas, TX$350,000$1,7005.8%+1.6%
Phoenix, AZ$380,000$1,7005.4%+1.9%
Las Vegas, NV$380,000$1,7505.5%+1.4%

Frequently Asked Questions

Is rental investing profitable in El Paso?
Yes, El Paso offers a gross rental yield of 7.2%, which is above the national average of around 5–6%. With a median home price of $200,000 and median monthly rent of $1,200, the numbers support profitable rental investing — though your specific results depend on financing terms, expenses, and property management.
What is the average rental yield in El Paso?
The average gross rental yield in El Paso is approximately 7.2%, based on a median home price of $200,000 and median monthly rent of $1,200 (as of 2026-Q1). Net yield, which accounts for vacancy, expenses, and maintenance, is typically 2–3 percentage points lower.
How does El Paso compare to San Antonio for investors?
El Paso has a gross yield of 7.2% compared to 6.5% in San Antonio, a difference of 0.7 percentage points. El Paso offers higher current income potential, making it more attractive for cash flow-focused investors.

Ready to Analyse a Specific Property in El Paso?

Use our free rental yield calculator to model any property — not just the median.

Data source: Zillow Research / U.S. Census Bureau. Last updated: 2026-Q1. This information is for educational purposes only and does not constitute investment advice.