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Cheap Apartments for Rent in New Mexico
Cheap Apartments for Rent in New Mexico. 547 Rentals Available
547 Rentals Available
Apartments Under $500 Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000
Apartments Under $500
Apartments Under $600
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1 bd $5502 bd $550+Base rent255 W. Madrid Avenue, Las Cruces, NM 88005 -
Studio $599+1 bd $680+2 bd $986+Base rent601 Coal Ave. SW, Albuquerque, NM 87102
Apartments Under $700
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1 bd $6752 bd $725Base rent2223 Missouri Ave,, Las Cruces, NM 88001 -
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Ask for pricing4515 Arrowhead Ridge Dr. SE Ste 1, Rio Rancho, NM 87124 -
28 units availableStudio $691+1 bd $773+2 bd $996+Base rent7220 Central Ave SE, Albuquerque, NM 87108
Apartments Under $800
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Studio $735+1 bd $9502 bd $1,200Base rent1311 Louisiana Blvd NE, Albuquerque, NM 87110 -
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1 bd $750+2 bd $900Base rent1410 Chaparro St., Las Cruces, NM 88001 -
&cropxunits=300&cropyunits=200&width=480&quality=90 "Kitchen Window")
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1 bd $775+2 bd $980+Base rent2330 Nevada Ave, Las Cruces, NM 88001 -
45 units availableStudio $7801 bd $799+2 bd $1,069+Base rent4501 Shepard Road NE, Albuquerque, NM 87110 -
Studio $7951 bd $825+Base rent1200 Louisiana Blvd NE, Albuquerque, NM 87110 -
Studio $7951 bd $850+2 bd $1,200Base rent1001 Louisiana Blvd NE, Albuquerque, NM 87108 -
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Only 3 units leftAsk for pricing5710 Avalon Road NW, Albuquerque, NM 87105
Apartments Under $900
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Only 2 units left1 bd $8252 bd $9253 bd $1,025Base rent3333 Majestic Rdg, Las Cruces, NM 88011 -
20 units availableStudio $825+1 bd $981+2 bd $1,276+Base rent801 Locust Place NE, Albuquerque, NM 87102 -
Studio $8451 bd $9452 bd $1,130Base rent3135 Comanche Rd NE, Albuquerque, NM 87107 -
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20 units availableStudio $845+1 bd $969+2 bd $1,289+Base rent3400 Comanche Road NE, Albuquerque, NM 87107 -
&cropxunits=300&cropyunits=200&width=480&quality=90 "Model Living Room")
1 bd $848+2 bd $982+Base rent3011 Jane Pl NE, Albuquerque, NM 87111 -
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Only 1 unit left1 bd $8502 bd $1,025Base rent1036 Alvarado Drive Southeast, Albuquerque, NM 87108 -
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Rent specials1 bd $865+2 bd $1,015+Base rent10000 Menaul Boulevard NE, Albuquerque, NM 87112 -
Studio $889+1 bd $955+2 bd $1,257+Base rent4401 San Pedro Dr. NE, Albuquerque, NM 87109 -
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1 bd $890+2 bd $1,280+Base rent8401 Spain Road NE, Albuquerque, NM 87111 -
24 units available1 bd $896+2 bd $1,132+3 bd $1,414Base rent12021 Skyline Road NE, Albuquerque, NM 87123 -
Only 1 unit leftStudio $899+1 bd $1,125+2 bd $1,333+Base rent3308 4Th NW, Albuquerque, NM 87107
Apartments Under $1,000
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Only 1 unit leftStudio $9001 bd $1,000+Base rent305 Princeton Dr SE, Albuquerque, NM 87106 -
19 units available1 bd $9002 bd $1,0803 bd $1,246Base rent1919 Ladera Dr NW, Albuquerque, NM 87120 -
4 units available1 bd $905+2 bd $1,385+Base rent3400 Wyoming Blvd, Albuquerque, NM 87111 -
Studio $910+1 bd $1,075+2 bd $1,250+Base rent8911 Northeastern Blvd NE, Albuquerque, NM 87112 -
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30 units availableStudio $930+1 bd $1,060+2 bd $1,125+Base rent6801 Los Volcanes Road, Albuquerque, NM 87121 -
Only 2 units left2 bd $950Base rentCedar Crest Apartments, Gallup, NM 87301 -
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Only 1 unit leftStudio $9501 bd $1,1002 bd $1,150+Base rent760 Juan Tabo Blvd NE, Albuquerque, NM 87123 -
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Rent specials 17 units available1 bd $9722 bd $967+3 bd $1,198+Base rent3901 Lafayette Dr NE, Albuquerque, NM 87107 -
&cropxunits=300&cropyunits=200&width=480&quality=90 "Furnished Monarch")
1 bd $1,0612 bd $978+Base rent5600 Gibson Blvd. SE, Albuquerque, NM 87108 -
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4 units available1 bd $980+2 bd $1,190Base rent2201 Ambassador Road NE, Albuquerque, NM 87112 -
Studio $991+1 bd $1,162+2 bd $1,413+Base rent6134 4Th Street NW, Albuquerque, NM 87107 -
1 bd $995+2 bd $1,230+Base rent5222 Wyoming Boulevard NE, Albuquerque, NM 87111 -
Rent specials 21 units availableStudio $995+1 bd $1,095+2 bd $1,395Base rent9125 Copper Ave NE, Albuquerque, NM 87123
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29 units availableStudio $1,025+1 bd $1,123+2 bd $1,231+Base rent10600 Cibola Loop NW, Albuquerque, NM 87114 -
21 units available1 bd $1,029+2 bd $1,079+3 bd $1,525Base rent6001 Topke Place NE, Albuquerque, NM 87109 -
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1 bd $1,057+2 bd $1,260+3 bd $1,600+Base rent1501 Tramway Blvd. NE, Albuquerque, NM 87112 -
2 bd $1,100+Base rent3500 Foothills Rd #C10, Las Cruces, NM 88011 -
1 bd $1,137Base rent1355 Meadowlark Ln SE, Rio Rancho, NM 87124 -
2 bd $1,178+3 bd $1,359+Base rent8200 Bridge Blvd SW, Albuquerque, NM 87121
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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 361 cheap rentals available on RentCafe. Prices and availability in New Mexico were last updated on 17 Apr 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.