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Apartments for Rent in New Mexico under $700
37 Rentals Available

  • Today

    7220 Central Ave SE, Albuquerque, NM 87108
    Studio $625+
    1 BED $699+
  • Today

    1901 S. Sunset Ave., Roswell, NM 88203
    Studio Ask for Pricing
    1 BED $645+
  • Today

    3923 4Th Street NW, Albuquerque, NM 87107
    1 BED $650
  • Today

    2223 Missouri Ave,, Las Cruces, NM 88001
    1 BED $675
  • Today

    2935 Claude Dove Dr., La Cruces, NM 88011
    1 BED Ask for Pricing
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  • Today

    410 Headingly Ave NW, Albuquerque, NM 87107
    Studio $690
    1 BED $650
  • 1 day ago

    2800 Lexington Pl NE, Albuquerque, NM 87112
    Studio $695+
  • 86 days ago

    1334 S. Espina, Las Cruces, NM 88001
    1 BED $565+
    2 BEDS $650
  • 1 day ago

    210-214 Cedar Hills Dr., Gallup, NM 87301
    2 BEDS $515+
  • 283 days ago

    La Mission Plaza, Las Cruces, NM 88005
    Studio $645+
  • 251 days ago

    760 E. Chestnut Avenue, Las Cruces, NM 88001
    Studio $70+
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  • 81 days ago

    255 W. Madrid Avenue, Las Cruces, NM 88005
    1 BED $550
    2 BEDS $550+
  • 1 day ago

    901 Tramway Blvd. NE, Albuquerque, NM 87123
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    1500 Pacheco Street, Sante Fe, NM 87505
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • 1 day ago

    2821 Mountain RD, NW, Albuquerque, NM 87104
    Income Restricted
    1 BED Ask for Pricing
  • Today

    8501 San Joaquin Ave SE, Albuquerque, NM 87108
    Studio $500
  • Today

    4515 Arrowhead Ridge Dr. SE Ste 1, Rio Rancho, NM 87124
    1 BED Ask for Pricing
  • Today

    601 Coal Ave. SW, Albuquerque, NM 87102
    Studio $599+
    1 BED $680+
  • 1 day ago

    1200 Dickerson SE, Albuquerque, NM 87106
    Studio Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    6600 Jaguar Drive, Santa Fe, NM 87507
    3 BEDS Ask for Pricing
  • Today

    3200 Canyon Rd., Los Alamos, NM 87544
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    520 Sandia View NW, Los Ranchos, NM 87107
    Studio Ask for Pricing
  • Today

    9251 Eagle Ranch Rd NW, Albuquerque, NM 87114
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
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Getting around in New Mexico, NM

15 /100
Somewhat Bikeable
Bike Score®: 15

Frequently asked questions

When were prices and availability in New Mexico last updated?

Prices and availability in New Mexico were last updated on 22 Jun 2024.

What are the best apartments in New Mexico?

The best apartments in New Mexico are: Broadstone Towne Center, Altitude at Vizcaya, Arterra, Altezza High Desert and Vizcaya.

What type of rental buildings are in New Mexico?

In New Mexico 32% of the housing is rented out compared to 68% of homes are owned, according to the most recent Census Bureau estimates. 8% of New Mexico’s apartments are found in large buildings of 50 units or more, 42% are located in smaller apartment complexes with less than 50 units, and 37% are single-family rentals.

Apartments in New Mexico under $700

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $700?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 37 apartments for rent in New Mexico on which you’ll spend less than $700. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $700

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $700. The average rental size in New Mexico is 829 Sqft, but the $700 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!