Save search
Skip the filters. Search with AI Mode instead.

Cheap Apartments for Rent in New Mexico

Cheap Apartments for Rent in New Mexico. 479 Rentals Available
479 Rentals Available
Quick filters
Apartments Under $500 Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000

Apartments Under $500

  • a playground in a courtyard of a building in a city
    Rent specials New units available
    Ask for pricing
    Verified Listing

    4.0 (7)
    5710 Avalon Road NW, Albuquerque, NM 87105
    Apply online • Pet friendly

Apartments Under $600

  • 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

Apartments Under $700

  • A living room with a grey couch, a coffee table, and a painting on the wall.
    1 bd $640
    2 bd $680
    3 bd $929
    Base rent
    Verified Listing

    6001 Topke Place NE, Albuquerque, NM 87109
    Pet friendly
  • A kitchen with a refrigerator and cabinets.
    Only 1 unit left
    1 bd $645
    2 bd $950
    Base rent
    Verified Listing

    4.0 (29)
    4901 San Mateo Lane NE, Albuquerque, NM 87109
    Apply online • Pet friendly

Apartments Under $800

  • a living room with a couch and a coffee table
    Rent specials New units available
    Studio $752+
    1 bd $900+
    2 bd $1,118+
    Total monthly cost
    Verified Listing

    3400 Comanche Road NE, Albuquerque, NM 87107
    Apply online • Pet friendly
  • a living room and kitchen with a couch and a table
    Rent specials
    1 bd $766
    Base rent
    Verified Listing

    5.0 (8)
    121 Cardenas NE, Albuquerque, NM 87108
    Apply online • Cat friendly
  • a kitchen with white cabinets and a refrigerator and a sink
    Only 2 units left
    Studio $775
    Base rent
    Verified Listing

    4.0 (29)
    5001 San Mateo Lane NE, Albuquerque, NM 87109
    Apply online • Pet friendly
  • Apts. #1-11 2 Beds Apartment for Rent
    Only 2 units left
    2 bd $775
    Base rent
    Verified Listing

    5.0 (1)
    Apts. #1-11, Las Cruces, NM 88001
    Apply online • Pet friendly
  • A kitchen with a black refrigerator, microwave, and dishwasher.
    1 bd $784+
    2 bd $1,141
    Total monthly cost
    Verified Listing

    4.0 (1)
    10001 Ceja Vista Rd SW, Albuquerque, NM 87121
    Apply online • Pet friendly
  • the living room and dining area of an apartment with a couch and a table
    Rent specials New units available
    Ask for pricing
    Verified Listing

    3.5 (38)
    801 Locust Place NE, Albuquerque, NM 87102
    Apply online • Pet friendly
  • a living room with a couch and a glass coffee table
    Rent specials New units available
    Studio $799+
    1 bd $835+
    Base rent
    Verified Listing

    3.5 (8)
    4501 Shepard Road NE, Albuquerque, NM 87110
    Apply online • Pet friendly
  • A kitchen with white cabinets and a black countertop.
    New units available
    1 bd $799+
    2 bd $1,135
    Total monthly cost
    Verified Listing

    3.5 (6)
    200 Valencia Dr SE, Albuquerque, NM 87108
    Apply online • Pet friendly

Apartments Under $900

  • the building where the apartment is being constructed
    Only 2 units left
    Studio $800+
    1 bd $1,050+
    2 bd $1,300
    Base rent
    Verified Listing

    4.0 (18)
    760 Juan Tabo Blvd NE, Albuquerque, NM 87123
    Apply online • Pet friendly
  • a kitchen and living room with a sink and a dining room table
    Rent specials 10 units available
    1 bd $825+
    2 bd $1,070+
    Base rent
    Verified Listing

    12720 Central Ave SE, Albuquerque, NM 87123
    Apply online • Pet friendly
  • A kitchen with white appliances and a checkered floor.
    Only 3 units left
    1 bd $850
    2 bd $950
    Base rent
    Verified Listing

    4.0 (10)
    1221 Silver Ave SW, Albuquerque, NM 87102
    Apply online • Pet friendly
  • a living room with two couches and a rug
    Rent specials
    Studio $855
    1 bd $955
    Base rent
    Verified Listing

    4.5 (5)
    3135 Comanche Rd NE, Albuquerque, NM 87107
    Apply online • Pet friendly
  • Rent specials Rewards
    1 bd $889
    2 bd $1,077
    Base rent
    Verified Listing

    4.0 (90)
    5600 Gibson Blvd. SE, Albuquerque, NM 87108
    Apply online • Pet friendly • Parking
  • a living room with a couch and a coffee table
    Rent specials New units available
    Studio $889+
    1 bd $889+
    2 bd $899+
    Total monthly cost
    Verified Listing

    6801 Los Volcanes Road NW, Albuquerque, NM 87121
    Apply online • Pet friendly

Apartments Under $1,000

  • a living room and dining room with a table and chairs
    Rent specials New units available
    Studio $909+
    1 bd $1,199+
    2 bd $1,424+
    Base rent
    Verified Listing

    4.5 (46)
    9125 Copper Ave NE, Albuquerque, NM 87123
    Apply online • Pet friendly
  • an open living room with a blue couch and a fireplace
    Rent specials
    1 bd $925
    2 bd $1,020+
    Base rent
    Verified Listing

    3.5 (10)
    2330 Nevada Ave, Las Cruces, NM 88001
    Apply online • Pet friendly
  • a kitchen with a large window and a white counter top
    Only 2 units left
    Studio $925
    1 bd $1,145
    Base rent
    Verified Listing

    4.0 (5)
    400 Coal Avenue, Albuquerque, NM 87102
    Apply online • Pet friendly
  • Rent specials Rewards
    1 bd $928+
    2 bd $1,087+
    Base rent
    Verified Listing

    4.5 (40)
    3011 Jane Pl NE, Albuquerque, NM 87111
    Apply online • Pet friendly • Parking
  • Rent specials Rewards
    1 bd $942
    Base rent
    Verified Listing

    3.5 (7)
    1201 Madeira Dr. SE, Albuquerque, NM 87108
    Apply online • Pet friendly • Pool
  • A living room with a beige couch and a ceiling fan.
    Rent specials New units available
    1 bd $943+
    2 bd $1,187+
    3 bd $1,517
    Total monthly cost
    Verified Listing

    4.0 (20)
    12021 Skyline Road NE, Albuquerque, NM 87123
    Apply online • Pet friendly
  • A living room with a grey carpet and a grey couch.
    12 units available
    1 bd $955+
    2 bd $1,125+
    Base rent
    Verified Listing

    4.0 (39)
    10000 Menaul Boulevard NE, Albuquerque, NM 87112
    Apply online • Pet friendly
  • A kitchen area with a refrigerator and a counter.
    1 bd $956
    2 bd $1,141
    3 bd $1,311
    Total monthly cost
    Verified Listing

    4.5 (4)
    601 90Th St NW, Albuquerque, NM 87121
    Apply online • Pet friendly
  • a living room with furniture and a sliding glass door to a patio
    Rent specials
    1 bd $975+
    Base rent
    Verified Listing

    4.5 (2)
    8911 Northeastern Blvd NE, Albuquerque, NM 87112
    Pet friendly
  • A tree with green leaves stands in a courtyard between two buildings.
    Only 2 units left
    2 bd $975
    3 bd $1,075
    Base rent
    Verified Listing

    4.5 (3)
    220 Nizhoni Blvd, Gallup, NM 87301
    Apply online
  • A living room with a brown leather couch and a round table in the center.
    Rent specials New units available
    1 bd $975+
    2 bd $1,299+
    Base rent
    Verified Listing

    3.0 (2)
    1501 Indian School Road NE, Albuquerque, NM 87102
    Apply online • Pet friendly
  • Rent specials
    1 bd $985+
    2 bd $1,400+
    Base rent
    Verified Listing

    4.0 (28)
    8401 Spain Road NE, Albuquerque, NM 87111
    Apply online • Pet friendly
  • A kitchen with black cabinets and a black fridge.
    1 bd $990
    2 bd $1,180
    3 bd $1,368
    Total monthly cost
    Verified Listing

    4.0 (9)
    9901 Ceja Vis Rd SW, Albuquerque, NM 87121
    Apply online • Pet friendly
  • A living room with a glass table and a sofa.
    Rent specials New units available
    1 bd $990+
    2 bd $1,195+
    3 bd $1,720+
    Base rent
    Verified Listing

    4.5 (16)
    3400 Wyoming Blvd, Albuquerque, NM 87111
    Apply online • Pet friendly
  • A living room with a large couch and a coffee table.
    1 bd $993
    Total monthly cost
    Verified Listing

    4.0 (4)
    7810 Paseo 550 Dr NE, Rio Rancho, NM 87144
    Apply online • Pet friendly
  • a living room and dining room with a table and chairs
    Rent specials 7 units available
    Studio $999
    1 bd $1,149+
    2 bd $1,915
    Base rent
    Verified Listing

    3.5 (27)
    6401 Academy Road NE, Albuquerque, NM 87109
    Apply online • Pet friendly
  • A kitchen with wooden cabinets and white appliances.
    Rewards Only 3 units left
    1 bd $1,000+
    2 bd $1,200+
    Base rent
    Verified Listing

    3.5 (36)
    12 Country Club Rd, Santa Teresa, NM 88008
    Apply online • Pet friendly
  • A living room with a grey couch and a wooden coffee table.
    Rent specials
    1 bd $1,029
    2 bd $1,299+
    Base rent
    Verified Listing

    5.0 (1)
    1919 Ladera Drive NW, Albuquerque, NM 87120
    Apply online • Pet friendly
  • a living room with a couch and a coffee table
    10 units available
    1 bd $1,029+
    2 bd $1,234
    3 bd $1,426+
    Base rent
    Verified Listing

    3.0 (4)
    3901 Lafayette Dr NE, Albuquerque, NM 87107
    Apply online • Pet friendly
  • a living room with a couch and a table
    Rent specials New units available
    1 bd $1,030+
    2 bd $1,150+
    3 bd $1,599+
    Base rent
    Verified Listing

    3.0 (16)
    6001 Topke Place NE, Albuquerque, NM 87109
    Apply online • Pet friendly
  • a living room with a couch and a tv
    New units available Only 1 unit left
    2 bd $1,060
    Base rent
    Verified Listing

    4.5 (3)
    1901 S. Sunset Ave., Roswell, NM 88203
    Apply online • Pet friendly
  • A house with a grey and white exterior and an American flag hanging on the front.
    2 bd $1,064
    3 bd $1,155+
    Base rent
    Verified Listing

    4.0 (2)
    8900 Second St. NW, Albuquerque, NM 87114
    Pet friendly
  • A living room with a couch, a table, and a painting on the wall.
    Rent specials 7 units available
    1 bd $1,070+
    2 bd $1,330+
    Base rent
    Verified Listing

    5222 Wyoming Boulevard NE, Albuquerque, NM 87111
    Apply online • Pet friendly
  • a kitchen with a sink and a refrigerator
    4 units available
    1 bd $1,085+
    2 bd $1,270+
    Base rent
    Verified Listing

    4.0 (13)
    2201 Ambassador Road NE, Albuquerque, NM 87112
    Apply online • Pet friendly
  • A living room with a green couch and a wooden coffee table.
    New units available
    1 bd $1,096
    2 bd $1,313
    Total monthly cost
    Verified Listing

    4.5 (12)
    7780 Paseo 550 Dr NE, Rio Rancho, NM 87144
    Apply online • Pet friendly
  • A red window on a grey building.
    Only 1 unit left
    Studio $1,200
    Base rent
    Verified Listing

    308 E & 310 E Hwy 66Th, Gallup, NM 87301
    Apply online
  • A kitchen with white cabinets and a granite countertop.
    Only 2 units left
    1 bd $1,200
    2 bd $1,400
    Base rent
    Verified Listing

    506 W Orchard Ln, Carlsbad, NM 88220
    Apply online • Pet friendly
  • A road with a stone wall and trees on the side.
    2 bd $1,229+
    3 bd $1,229+
    Base rent
    Verified Listing

    3.5 (3)
    12145 State Hwy 14 North, Cedar Crest, NM 87008
    Apply online • Pet friendly
  • A living room with a black metal railing and a bookshelf filled with books.
    New units available 9 units available
    1 bd $1,260+
    2 bd $1,516
    Total monthly cost
    Verified Listing

    4.5 (16)
    900 Country Club, Rio Rancho, NM 87124
    Apply online • Pet friendly
  • a living room with a couch and a coffee table
    Rent specials New units available
    1 bd $1,274+
    2 bd $1,470+
    3 bd $1,625+
    Total monthly cost
    Verified Listing

    4.0 (15)
    1501 Tramway Blvd. NE, Albuquerque, NM 87112
    Apply online • Pet friendly
  • a living room and dining room with a table and chairs
    Rent specials 14 units available
    1 bd $1,280
    2 bd $1,520
    Base rent
    Verified Listing

    3.5 (13)
    4101 Meadowlark Lane SE, Rio Rancho, NM 87124
    Apply online • Pet friendly
  • A black stove and refrigerator in a kitchen with white cabinets.
    New units available 5 units available
    1 bd $1,300
    2 bd $1,700
    Base rent
    Verified Listing

    601 W Orchard Ln, Carlsbad, NM 88220
    Apply online • Pet friendly
57-0-state
Explore popular searches
By lifestyle & amenities

Frequently asked questions

What is the price of a cheap apartment in New Mexico?

The price range of a cheap apartment is between $600 and $3,480.

How many cheap rentals are available in New Mexico on RentCafe?

There are 245 cheap rentals available on RentCafe. Prices and availability in New Mexico were last updated on 24 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.