El Paso multifamily market, October 2026

Landlords have the edge in El Paso, and it is heating: asking rents are up 3.1% on a year, while jobs grew 0.6%.

Updated October 31, 2026 · from Zillow, BLS and the US Census Bureau

+3.1%

Asking rent, year over year

Zillow · September 2026

+0.6%

Jobs, year over year

BLS · September 2026, preliminary

7.0%YEARLY

Vacancy

Census · 2024 count

What is moving now

Asking rents are up 3.1% on a year to September 2026, which is the figure the condition is read from. Jobs are up 0.6% over the same year to September 2026, a first release the BLS revises the following month. Asking rents are climbing (September 2026).

The backdrop

These are yearly Census counts, not this month's: 7.0% of rentals sat empty in 2024, permits for new apartments were down 1% in 2025, more people moved out than in in 2025, and the typical rent was $1,081 a month in 2024. They are the background the monthly figures move against, and they are the newest the Census has published.

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Common questions about El Paso

Answered from the data, updated October 31, 2026

Is the El Paso rental market tight or soft right now?

In El Paso right now, landlords have the edge, and it is heating.

Which way is the El Paso market heading?

El Paso is heating right now, as asking rents firm over the past year (Zillow ZORI, monthly).

Is El Paso a landlord's or a renter's market?

El Paso is a landlord's market right now: landlords have the edge, and it is heating.

What is the vacancy rate in El Paso?

Vacancy in El Paso is 7.0% in the 2024 count, a yearly snapshot rather than a monthly reading (US Census Bureau).

How much have El Paso rents changed?

Asking rents in El Paso are up 3.1% over the past year (Zillow ZORI, monthly, latest Sep 2026).

Recent coverage

Daily, from the MetroSgnl news feed. Headlines only.

Housing squeeze: El Paso home prices keep risingEl Paso Inc.

Renters find more options as Texas rental market shiftsSpectrum News

Licensable picture: A tree knocked down by strong winds rests on a damaged roof at Casa Barranca Apartments in El Paso, Texas, on Friday, Oct. 16Reuters Connect

El Paso HOME buying spree: $600M in apartments, El Paso to CarolinasEl Paso Times

Cleanup, damage assessments underway after North View Apartments flood in northeast El PasoKFOX

Monsoon rains damage Northeast El Paso apartmentsKVIA

See all El Paso news →

Data: Zillow ZORI, BLS, US Census Bureau, FRED, and the MetroSgnl news feed. Recomputed daily. Market information only, not investment advice.
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