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Apartments for Rent in New Mexico under $500
Apartments for Rent in New Mexico under $500. 1 Rental Available
1 Rental Available
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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: Links at High Resort, Arterra, Vizcaya, Altezza High Desert and Acacia Gardens.
What type of rental buildings are in New Mexico?
In New Mexico, 30% of the residents are renting compared to 70% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of New Mexico's rentals, 44% are small-scale complexes with under 50 units, and 34% are single-family rentals.