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Cheap Apartments for Rent in New Mexico
Cheap Apartments for Rent in New Mexico. 504 Rentals Available
504 Rentals Available
Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200
Apartments Under $700
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1 bd $1,0912 bd $624+3 bd $1,508Total monthly cost4.0 (9)9901 Ceja Vis Rd SW, Albuquerque, NM 87121Apply online • Pet friendly • Fitness center
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1 bd $6402 bd $6803 bd $929Base rent6001 Topke Place NE, Albuquerque, NM 87109Pet friendly • Fitness center • Pool
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1 bd $645+2 bd $950Base rent4.0 (29)4901 San Mateo Lane NE, Albuquerque, NM 87109Apply online • Pet friendly
Apartments Under $800
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Only 2 units left1 bd $750+2 bd $800+Base rent5.0 (2)235 W. Madrid Avenue, Las Cruces, NM 88005Apply online • Dog friendly -
Studio $750+1 bd $9552 bd $1,130+Base rent4.5 (5)3135 Comanche Rd NE, Albuquerque, NM 87107Apply online • Pet friendly • Fitness center
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Studio $754+1 bd $910+Base rent3.5 (9)4501 Shepard Road NE, Albuquerque, NM 87110Apply online • Pet friendly • Fitness center
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1 bd $766Base rent5.0 (8)121 Cardenas NE, Albuquerque, NM 87108Apply online • Cat friendly • In unit laundry
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Studio $775Base rent4.0 (29)5001 San Mateo Lane NE, Albuquerque, NM 87109Apply online • Pet friendly
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1 bd $799+Total monthly cost3.5 (7)200 Valencia Dr SE, Albuquerque, NM 87108Apply online • Pet friendly • Parking
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Apartments Under $900
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Studio $801+1 bd $894+2 bd $1,139+Total monthly cost3.5 (39)801 Locust Place NE, Albuquerque, NM 87102Apply online • Pet friendly • Fitness center
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Studio $8221 bd $9422 bd $1,098Base rent3.5 (7)1201 Madeira Dr. SE, Albuquerque, NM 87108Apply online • Pet friendly • Pool
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1 bd $825+2 bd $1,075+Base rent12720 Central Ave SE, Albuquerque, NM 87123Apply online • Pet friendly • Parking
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Studio $8501 bd $1,2502 bd $1,400+Base rent4.0 (18)760 Juan Tabo Blvd NE, Albuquerque, NM 87123Apply online • Pet friendly • In unit laundry
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1 bd $8802 bd $870Base rent4.5 (3)1901 S. Sunset Ave., Roswell, NM 88203Apply online • Pet friendly
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Studio $875+1 bd $1,065+2 bd $1,118+Total monthly cost6801 Los Volcanes Road NW, Albuquerque, NM 87121Apply online • Pet friendly
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1 bd $889+2 bd $1,077Base rent4.0 (92)5600 Gibson Blvd. SE, Albuquerque, NM 87108Apply online • Pet friendly • Parking
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1 bd $899+2 bd $1,105+3 bd $1,720+Base rent4.5 (16)3400 Wyoming Blvd, Albuquerque, NM 87111Apply online • Pet friendly • Fitness center
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Apartments Under $1,000
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1 bd $9252 bd $999+Base rent3.5 (10)2330 Nevada Ave, Las Cruces, NM 88001Apply online • Pet friendly • Pool
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1 bd $928+2 bd $1,087+Base rent4.5 (40)3011 Jane Pl NE, Albuquerque, NM 87111Apply online • Pet friendly • Parking
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1 bd $943+2 bd $1,187+Total monthly cost4.0 (22)12021 Skyline Road NE, Albuquerque, NM 87123Apply online • Pet friendly • Pool
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1 bd $960+2 bd $1,380+3 bd $1,570+Total monthly cost4.0 (15)1501 Tramway Blvd. NE, Albuquerque, NM 87112Apply online • Pet friendly • Parking
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Studio $969+1 bd $1,2992 bd $1,425+Base rent4.5 (47)9125 Copper Ave NE, Albuquerque, NM 87123Apply online • Pet friendly
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1 bd $975+Base rent4.5 (2)8911 Northeastern Blvd NE, Albuquerque, NM 87112Pet friendly • Fitness center • Pool
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1 bd $995+2 bd $1,135+Base rent4.0 (39)10000 Menaul Boulevard NE, Albuquerque, NM 87112Apply online • Pet friendly • Pool
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1 bd $995+2 bd $1,295+Base rent5222 Wyoming Boulevard NE, Albuquerque, NM 87111Apply online • Pet friendly • Fitness center
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Studio $999+1 bd $1,099+2 bd $1,224+Base rent3.5 (27)6401 Academy Road NE, Albuquerque, NM 87109Apply online • Pet friendly • Parking
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&cropxunits=300&cropyunits=200&width=480&quality=90 "Dining View")
&cropxunits=300&cropyunits=200&width=480&quality=90 "Model Kitchen")
.jpg?crop=(0,0,300,200)&cropxunits=300&cropyunits=200&width=480&quality=90 "Furnished Bedroom")
&cropxunits=300&cropyunits=200&width=480&quality=90 "Model Living Room")
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Apartments Under $1,100
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1 bd $1,000+2 bd $1,225+Base rent4.0 (28)8401 Spain Road NE, Albuquerque, NM 87111Apply online • Pet friendly
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1 bd $1,000+2 bd $1,350Base rent3.0 (2)1501 Indian School Road NE, Albuquerque, NM 87102Apply online • Pet friendly • Parking
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1 bd $1,019+2 bd $1,124+Total monthly cost3400 Comanche Road NE, Albuquerque, NM 87107Apply online • Pet friendly
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Studio $1,025Base rent4.0 (5)400 Coal Avenue, Albuquerque, NM 87102Apply online • Pet friendly • Fitness center
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1 bd $1,030+2 bd $1,1903 bd $1,675+Base rent3.0 (16)6001 Topke Place NE, Albuquerque, NM 87109Apply online • Pet friendly • Fitness center
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Ask for pricing4.0 (7)5710 Avalon Road NW, Albuquerque, NM 87105Apply online • Pet friendly
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1 bd $1,047+2 bd $1,2343 bd $1,420+Base rent3.0 (4)3901 Lafayette Dr NE, Albuquerque, NM 87107Pet friendly • In unit laundry • Dishwasher
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1 bd $1,0492 bd $1,299+3 bd $1,449Base rent5.0 (1)1919 Ladera Drive NW, Albuquerque, NM 87120Apply online • Pet friendly • Fitness center
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1 bd $1,0502 bd $1,150Base rent4.5 (2)1036 Alvarado Drive Southeast, Albuquerque, NM 87108Apply online • Pet friendly • In unit laundry
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2 bd $1,0643 bd $1,155+Base rent4.0 (2)8900 Second St. NW, Albuquerque, NM 87114Dog friendly • Dishwasher • Air conditioner
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1 bd $1,0902 bd $1,275Base rent4.0 (13)2201 Ambassador Road NE, Albuquerque, NM 87112Pet friendly • Parking • Fitness center
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1 bd $1,0942 bd $1,3043 bd $1,506Total monthly cost4.0 (4)7810 Paseo 550 Dr NE, Rio Rancho, NM 87144Apply online • Pet friendly • Fitness center
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1 bd $1,0952 bd $1,313Total monthly cost4.0 (1)10001 Ceja Vista Rd SW, Albuquerque, NM 87121Apply online • Pet friendly • Fitness center
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1 bd $1,0962 bd $1,313Total monthly cost4.5 (13)7780 Paseo 550 Dr NE, Rio Rancho, NM 87144Apply online • Pet friendly • Fitness center
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Apartments Under $1,200
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Studio $1,1731 bd $1,2602 bd $1,516+Total monthly cost4.5 (16)900 Country Club, Rio Rancho, NM 87124Apply online • Pet friendly • Fitness center
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Only 1 unit leftStudio $1,200Base rent308 E & 310 E Hwy 66Th, Gallup, NM 87301Apply online -
1 bd $1,2002 bd $1,400Base rent506 W Orchard Ln, Carlsbad, NM 88220Apply online • Pet friendly • Parking
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2 bd $1,229+3 bd $1,229+Base rent3.5 (4)12145 State Hwy 14 North, Cedar Crest, NM 87008Pet friendly • Dishwasher • Air conditioner
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1 bd $1,2902 bd $1,520Base rent3.5 (14)4101 Meadowlark Lane SE, Rio Rancho, NM 87124Apply online • Pet friendly • In unit laundry
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1 bd $1,3002 bd $1,4003 bd $1,775Base rent601 W Orchard Ln, Carlsbad, NM 88220Apply online • Pet friendly • Parking
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1 bd $1,340+2 bd $1,490+3 bd $2,025+Base rent4.0 (8)1907 San Jose Boulevard, Carlsbad, NM 88220Apply online • Pet friendly • Parking
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1 bd $1,349+2 bd $1,479+3 bd $1,709+Base rent4.5 (11)4129 S. Meadows Road, Santa Fe, NM 87507Apply online • Pet friendly • Parking
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3 bd $1,445Total monthly cost4.5 (5)601 90Th St NW, Albuquerque, NM 87121Apply online • Pet friendly • Fitness center
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Ask for pricingIncome restricted1500 Pacheco Street, Sante Fe, NM 87505Pet friendly • Fitness center • In unit laundry
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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 $624 and $3,973.
How many cheap rentals are available in New Mexico on RentCafe?
There are 224 cheap rentals available on RentCafe. Prices and availability in New Mexico were last updated on 8 Aug 2026.
What is the average size of a cheap apartment in New Mexico?
The average New Mexico cheap apartment size is 734 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.
Looking for a cheap apartment for rent in New Mexico? With RentCafe, finding an affordable apartment in New Mexico has never been easier. We feature 504 low-priced rentals directly from property managers, with rents lower than the New Mexico average. What is a cheap rent in New Mexico? The average apartment rent in New Mexico is $1,439 per month so any rental south of $1,152 would be considered cheap here. On RentCafe, New Mexico rents go as low as $624/mo.