Apartments for Rent in New Mexico under $1500
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1 bd $1,137Base rent1355 Meadowlark Ln SE, Rio Rancho, NM 87124Pet friendly -
Studio $500Base rent8501 San Joaquin Ave SE, Albuquerque, NM 87108Pet friendly -
Ask for pricing4515 Arrowhead Ridge Dr. SE Ste 1, Rio Rancho, NM 87124Pet friendly -
3 bd $1,400Base rentUnit C, Las Cruces, NM 88011Dog friendly
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2 bd $1,300Base rent9251 Eagle Ranch Rd. NW, Albuquerque, NM 87114Apply online • Pet friendly -
Studio $599+1 bd $680+2 bd $986+Base rent601 Coal Ave. SW, Albuquerque, NM 87102Pet friendly -
3 bd $1,350Base rent1022 Heather Circle, Las Cruces, NM 88005Dog friendly
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Ask for pricingIncome restricted901 Tramway Blvd. NE, Albuquerque, NM 87123 -
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Ask for pricing551 WHISPER MESA ST SW, ALBUQUERQUE, NM 87121Pet friendly -
Ask for pricing820 Lobo Canyon Road, Grants, NM 87020Pet friendly
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Frequently asked questions
When were prices and availability in New Mexico last updated?
Prices and availability in New Mexico were last updated on 3 Jun 2026.
What are the best apartments in New Mexico?
The best apartments in New Mexico are: Broadstone Towne Center, Rancho Carrera Apartments, The Retreat at Candelaria, Canyon Village and Cresta North Valley.
What type of rental buildings are in New Mexico?
In New Mexico 30% of the housing is rented out compared to 70% of homes are owned, according to the most recent Census Bureau estimates. 10% of New Mexico's apartments are found in large buildings of 50 units or more, 44% are located in smaller apartment complexes with less than 50 units, and 34% are single-family rentals.