Cheap Apartments for Rent in New Mexico
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Rent specials New units available1 bd $1,320+2 bd $1,470+3 bd $2,015+Base rent4.0 (8)1907 San Jose Boulevard, Carlsbad, NM 88220Apply online • Pet friendly
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New units available 19 units available1 bd $1,439+2 bd $1,615+3 bd $1,879+Base rent4.5 (11)4129 S. Meadows Road, Santa Fe, NM 87507Apply online • Pet friendly
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Ask for pricing4.5 (4)601 90Th St NW, Albuquerque, NM 87121Pet friendly
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Ask for pricingIncome restricted1500 Pacheco Street, Sante Fe, NM 87505Pet friendly
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1 bd $850Base rent121 S 4Th St., Raton, NM 87701Apply online
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1 bd $925Base rent415 Grove Street Southeast, Albuquerque, NM 87108Pet friendly
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1 bd $980Base rent1335 Ortiz Drive Southeast, Albuquerque, NM 87108Apply online • Pet friendly
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1 bd $1,000Base rent314 S Birch Ave, Roswell, NM 88203Apply online
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2 bd $1,150Base rent1415 Willow Drive, Milan, Milan, NM 87021
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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 $441 and $3,328.
How many cheap rentals are available in New Mexico on RentCafe?
There are 263 cheap rentals available on RentCafe. Prices and availability in New Mexico were last updated on 14 May 2026.
What is the average size of a cheap apartment in New Mexico?
The average New Mexico cheap apartment size is 740 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.