Rental Prices and Home Prices Hit New Highs In El Paso 2021 was a year with significant price increases for both renters and home buyers in El Paso. Rental rates in El Paso posted a year-end 12.7% increase. The El Paso metro area had one of the more moderate rental increases in the nation. Prices for home buyers in El Paso were up 12.4% according to the El Paso Board of Realtors. The median price for a home at year end was $200,000 - a modest number compared to larger metro areas in the nation and the state. Selling your El Paso home? We buy homes in any condition with 100% cash. Call Today.