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Cheap Apartments for Rent in New Mexico

Cheap Apartments for Rent in New Mexico. 569 Rentals Available
569 Rentals Available
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Apartments Under $500 Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000

Apartments Under $500

  • a building with a sign and a tree in front of it
    Ask for pricing
    Verified Listing

    1500 Pacheco Street, Sante Fe, NM 87505
    Pet friendly

Apartments Under $600

  • a row of brick buildings with white doors and windows
    1 bd $550
    2 bd $550+
    Base rent
    Verified Listing

    255 W. Madrid Avenue, Las Cruces, NM 88005
    Apply online
  • a living room and dining room with a table and chairs
    Studio $599+
    1 bd $680+
    2 bd $986+
    Base rent
    Verified Listing

    601 Coal Ave. SW, Albuquerque, NM 87102
    Pet friendly

Apartments Under $700

  • a kitchen and living room with white cabinets and a table and chairs
    1 bd $675
    2 bd $725
    Base rent
    Verified Listing

    2223 Missouri Ave,, Las Cruces, NM 88001
    Pet friendly
  • a living room with a couch and a coffee table
    Ask for pricing
    Verified Listing

    2935 Claude Dove Dr., La Cruces, NM 88011
    Pet friendly
  • a living room with a couch and a coffee table
    Ask for pricing
    Verified Listing

    4515 Arrowhead Ridge Dr. SE Ste 1, Rio Rancho, NM 87124
    Pet friendly
  • a living room and kitchen with a couch and a coffee table
    28 units available
    Studio $691+
    1 bd $773+
    2 bd $996+
    Base rent
    Verified Listing

    7220 Central Ave SE, Albuquerque, NM 87108
    Apply online • Pet friendly

Apartments Under $800

  • a living room and kitchen with a couch and a table
    Studio $725
    Base rent
    Verified Listing

    7601 Lomas Blvd. NE, Albuquerque, NM 87110
    Apply online • Pet friendly
  • the preserve at ballantyne commons apartment kitchen with sink and white cabinets
    Studio $735+
    1 bd $950
    2 bd $1,200
    Base rent
    Verified Listing

    1311 Louisiana Blvd NE, Albuquerque, NM 87110
    Apply online • Pet friendly
  • a living room with a couch and a table and a television
    Studio $750+
    Base rent
    Verified Listing

    810 Eubank Blvd NE, Albuquerque, NM 87123
    Apply online • Pet friendly
  • an apartment building with cars parked in front of it
    1 bd $750+
    2 bd $900
    Base rent
    Verified Listing

    1410 Chaparro St., Las Cruces, NM 88001
    Apply online • Pet friendly
  • a living room and kitchen with a couch and a table
    1 bd $761
    Base rent
    Verified Listing

    121 Cardenas NE, Albuquerque, NM 87108
    Apply online • Cat friendly
  • an open living room with a blue couch and a fireplace
    1 bd $775+
    2 bd $980+
    Base rent
    Verified Listing

    2330 Nevada Ave, Las Cruces, NM 88001
    Apply online • Pet friendly
  • a living room with a couch and a glass coffee table
    45 units available
    Studio $780
    1 bd $799+
    2 bd $1,069+
    Base rent
    Verified Listing

    4501 Shepard Road NE, Albuquerque, NM 87110
    Apply online • Pet friendly
  • the living room and dining room of an apartment
    Studio $795
    1 bd $825+
    Base rent
    Verified Listing

    1200 Louisiana Blvd NE, Albuquerque, NM 87110
    Apply online • Pet friendly
  • a kitchen with white cabinets and a sink and a stove
    Studio $795
    1 bd $850+
    2 bd $1,200
    Base rent
    Verified Listing

    1001 Louisiana Blvd NE, Albuquerque, NM 87108
    Apply online • Pet friendly
  • a playground in a courtyard of a building in a city
    Only 3 units left
    Ask for pricing
    Verified Listing

    5710 Avalon Road NW, Albuquerque, NM 87105
    Apply online • Pet friendly

Apartments Under $900

  • an empty kitchen with white appliances and dark wood cabinets
    Only 2 units left
    1 bd $825
    2 bd $925
    3 bd $1,025
    Base rent
    Verified Listing

    3333 Majestic Rdg, Las Cruces, NM 88011
    Apply online • Pet friendly
  • the living room and dining area of an apartment with a couch and a table
    20 units available
    Studio $825+
    1 bd $981+
    2 bd $1,276+
    Base rent
    Verified Listing

    801 Locust Place NE, Albuquerque, NM 87102
    Apply online • Pet friendly
  • a living room with two couches and a rug
    Studio $845
    1 bd $945
    2 bd $1,130
    Base rent
    Verified Listing

    3135 Comanche Rd NE, Albuquerque, NM 87107
    Apply online • Pet friendly
  • a living room with a couch and a coffee table
    20 units available
    Studio $845+
    1 bd $969+
    2 bd $1,289+
    Base rent
    Verified Listing

    3400 Comanche Road NE, Albuquerque, NM 87107
    Apply online • Pet friendly
  • a living room with a couch and a table
    1 bd $848+
    2 bd $982+
    Base rent
    Verified Listing

    3011 Jane Pl NE, Albuquerque, NM 87111
    Apply online • Pet friendly
  • an empty living room with wood flooring and a window
    Only 1 unit left
    1 bd $850
    2 bd $1,025
    Base rent
    Verified Listing

    1036 Alvarado Drive Southeast, Albuquerque, NM 87108
    Apply online • Pet friendly
  • a view of the pool from the balcony of an apartment building
    1 bd $859
    Base rent
    Verified Listing

    1201 Madeira Dr. SE, Albuquerque, NM 87108
    Apply online • Pet friendly
  • a living room with a couch a chair and a table
    Rent specials
    1 bd $865+
    2 bd $1,015+
    Base rent
    Verified Listing

    10000 Menaul Boulevard NE, Albuquerque, NM 87112
    Apply online • Pet friendly
  • our apartments offer a living room and dining room with a white couch
    Studio $889+
    1 bd $955+
    2 bd $1,257+
    Base rent
    Verified Listing

    4401 San Pedro Dr. NE, Albuquerque, NM 87109
    Apply online • Pet friendly
  • a living room with a couch and a coffee table
    1 bd $890+
    2 bd $1,280+
    Base rent
    Verified Listing

    8401 Spain Road NE, Albuquerque, NM 87111
    Apply online • Pet friendly
  • a living room with couches and a fireplace
    24 units available
    1 bd $896+
    2 bd $1,132+
    3 bd $1,414
    Base rent
    Verified Listing

    12021 Skyline Road NE, Albuquerque, NM 87123
    Apply online • Pet friendly
  • a living room and kitchen with a couch and a table
    Only 1 unit left
    Studio $899+
    1 bd $1,125+
    2 bd $1,333+
    Base rent
    Verified Listing

    3308 4Th NW, Albuquerque, NM 87107
    Apply online • Pet friendly

Apartments Under $1,000

  • the front of a building with stairs and a gate
    Only 1 unit left
    Studio $900
    1 bd $1,000+
    Base rent
    Verified Listing

    305 Princeton Dr SE, Albuquerque, NM 87106
    Apply online • Pet friendly
  • a living room with couches and chairs and a table
    19 units available
    1 bd $900
    2 bd $1,080
    3 bd $1,246
    Base rent
    Verified Listing

    1919 Ladera Dr NW, Albuquerque, NM 87120
    Pet friendly
  • a living room with a blue couch and a chair
    5 units available
    1 bd $905+
    2 bd $1,385+
    Base rent
    Verified Listing

    3400 Wyoming Blvd, Albuquerque, NM 87111
    Apply online • Pet friendly
  • a living room with furniture and a sliding glass door to a patio
    Studio $910+
    1 bd $1,075+
    2 bd $1,250+
    Base rent
    Verified Listing

    8911 Northeastern Blvd NE, Albuquerque, NM 87112
    Apply online • Pet friendly
  • a living room with a couch and a coffee table
    31 units available
    Studio $930+
    1 bd $1,060+
    2 bd $1,125+
    Base rent
    Verified Listing

    6801 Los Volcanes Road, Albuquerque, NM 87121
    Apply online • Pet friendly
  • a courtyard between two buildings with trees and a rock
    Only 2 units left
    2 bd $950
    Base rent
    Verified Listing

    Cedar Crest Apartments, Gallup, NM 87301
    Apply online
  • a stainless steel sink in a kitchen with a wooden counter top
    Only 1 unit left
    Studio $950
    1 bd $1,100
    2 bd $1,150+
    Base rent
    Verified Listing

    760 Juan Tabo Blvd NE, Albuquerque, NM 87123
    Apply online • Pet friendly
  • a living room with a table and chairs and a fireplace
    Ask for pricing
    Verified Listing

    8000 Montgomery NE, Albuquerque, NM 87109
    Pet friendly
  • a living room with a couch and a coffee table
    Rent specials 17 units available
    1 bd $972
    2 bd $967+
    3 bd $1,198+
    Base rent
    Verified Listing

    3901 Lafayette Dr NE, Albuquerque, NM 87107
    Apply online • Pet friendly
  • a living room and dining room with a table and a television
    1 bd $1,061
    2 bd $978+
    Base rent
    Verified Listing

    5600 Gibson Blvd. SE, Albuquerque, NM 87108
    Apply online • Pet friendly
  • a living room with a couch and chairs and a desk
    4 units available
    1 bd $980+
    2 bd $1,190
    Base rent
    Verified Listing

    2201 Ambassador Road NE, Albuquerque, NM 87112
    Apply online • Pet friendly
  • an empty kitchen with stainless steel appliances and white cabinets
    Studio $991+
    1 bd $1,162+
    2 bd $1,413+
    Base rent
    Verified Listing

    6134 4Th Street NW, Albuquerque, NM 87107
    Apply online • Pet friendly
  • a living room with a couch and a coffee table
    1 bd $995+
    2 bd $1,230+
    Base rent
    Verified Listing

    5222 Wyoming Boulevard NE, Albuquerque, NM 87111
    Apply online • Pet friendly
  • a living room and dining room with a table and chairs
    Rent specials 21 units available
    Studio $995+
    1 bd $1,095+
    2 bd $1,395
    Base rent
    Verified Listing

    9125 Copper Ave NE, Albuquerque, NM 87123
    Apply online • Pet friendly
  • a living room with a couch and a coffee table
    29 units available
    Studio $1,025+
    1 bd $1,123+
    2 bd $1,231+
    Base rent
    Verified Listing

    10600 Cibola Loop NW, Albuquerque, NM 87114
    Apply online • Pet friendly
  • a living room with a couch and a table
    21 units available
    1 bd $1,029+
    2 bd $1,079+
    3 bd $1,525
    Base rent
    Verified Listing

    6001 Topke Place NE, Albuquerque, NM 87109
    Apply online • Pet friendly
  • the living room and kitchen of an apartment with a wood floor and a fireplace
    1 bd $1,050
    Base rent
    Verified Listing

    1330 Louisiana Blvd, Albuquerque, NM 87110
    Apply online • Pet friendly
  • a living room with a couch and a coffee table
    1 bd $1,057+
    2 bd $1,260+
    3 bd $1,600+
    Base rent
    Verified Listing

    1501 Tramway Blvd. NE, Albuquerque, NM 87112
    Apply online • Pet friendly
  • a kitchen with white counter tops and black appliances
    2 bd $1,100+
    Base rent
    Verified Listing

    3500 Foothills Rd #C10, Las Cruces, NM 88011
    Apply online • Pet friendly
  • a kitchen with a stove and a refrigerator
    1 bd $1,137
    Base rent
    Verified Listing

    1355 Meadowlark Ln SE, Rio Rancho, NM 87124
    Pet friendly
  • a living room and dining room with a couch and a table
    2 bd $1,178+
    3 bd $1,359+
    Base rent
    Verified Listing

    8200 Bridge Blvd SW, Albuquerque, NM 87121
    Apply online • Pet friendly
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Frequently asked questions

What is the price of a cheap apartment in New Mexico?

The price range of a cheap apartment is between $550 and $3,397.

How many cheap rentals are available in New Mexico on RentCafe?

There are 363 cheap rentals available on RentCafe. Prices and availability in New Mexico were last updated on 3 Jun 2026.

What is the average size of a cheap apartment in New Mexico?

The average New Mexico cheap apartment size is 748 sq. ft.

What are the advantages of renting a cheap apartment in New Mexico?

Cheap apartments in New Mexico are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in New Mexico?

A cheap apartment in New Mexico offers little storage space and fewer amenities compared to other apartments.