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Apartments for Rent in New Mexico under $700

Apartments for Rent in New Mexico under $700. 12 Rentals Available
12 Rentals Available
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  • A kitchen with a refrigerator and cabinets.
    Only 1 unit left
    1 bd $645
    Base rent
    Verified Listing

    4.0 (29)
    4901 San Mateo Lane NE, Albuquerque, NM 87109
    Apply online • Pet friendly
  • an empty parking lot in front of an office building
    Only 2 units left
    1 bd $600+
    2 bd $525+
    Base rent
    Verified Listing

    5.0 (2)
    235 W. Madrid Avenue, Las Cruces, NM 88005
    Apply online
  • A living room with a grey sofa, a dining table with chairs, and a TV on the wall.
    Rent specials Only 3 units left
    Studio $564+
    Total monthly cost
    Verified Listing

    3.5 (6)
    4300 Pan American FWY NE, Albuquerque, NM 87107
    Apply online • Pet friendly
  • A living room with a grey couch, a coffee table, and a painting on the wall.
    1 bd $640
    2 bd $680
    Base rent
    Verified Listing

    6001 Topke Place NE, Albuquerque, NM 87109
    Pet friendly
  • an empty playground in front of an apartment building
    Ask for pricing
    Verified Listing

    1200 Dickerson SE, Albuquerque, NM 87106
  • a park with a playground and a tree
    Ask for pricing
    Verified Listing

    901 Tramway Blvd. NE, Albuquerque, NM 87123
  • a playground with a slide and
    Ask for pricing
    Income restricted
    Verified Listing

    2821 Mountain RD, NW, Albuquerque, NM 87104
  • A kitchen with white cabinets and a black countertop.
    1 bd $675
    Base rent
    Verified Listing

    4908 Burton Ave SE, Albuquerque, NM 87108
    Cat friendly
  • A bedroom with a black bed and a ceiling fan.
    1 bd $700
    Base rent
    Verified Listing

    18 Sage Avenue, Alamogordo, NM 88311
9-0-state
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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 5 Jun 2026.

What are the best apartments in New Mexico?
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.