AFFORDABLE HOUSING
$851
2 beds • 2 baths • 967 sqft • Apartment
4515 Arrowhead Ridge Dr SE, Rio Rancho, NM, 87124
1,806 Apartments, Houses, & Townhomes for Rent in New Mexico
1806 Results
$1,800
3 beds • 2 baths • 1,385 sqft • House
10219 Round Up Pl SW, Albuquerque, NM, 87121
$1,550
4 beds • 2 baths • House
11437 Bob Mitchell, El Paso, TX, 79936
$885
2 beds • 1 bath • Apartment
11078 Vista Del Sol 50, El Paso, TX, 79935
$885
2 beds • 1 bath • Apartment
11078 Vista Del Sol 36, El Paso, TX, 79935
$885
2 beds • 1 bath • 900 sqft • Apartment
11078 Vista Del Sol 39, El Paso, TX, 79935
$1,200
3 beds • 1.5 baths • House
9008 Diana, El Paso, TX, 79904
$1,580
3 beds • 2 baths • 1,363 sqft • House
2611 Pershing Dr, El Paso, TX, 79903
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$2,500
3 beds • 2 baths • 1,340 sqft • House
209 Mesilla Dr, Aztec, NM, 87410
$2,550
4 beds • 2.5 baths • 1,878 sqft • House
1012 Casa Maria Rd NE, Albuquerque, NM, 87113
$1,600
1 bed • 1 bath • House
401 N. Florida, Unit B, Alamogordo, NM, 88310
$2,100
3 beds • 2 baths • 1,511 sqft • House
1677 Asbury St, El Paso, TX, 79928
$1,450
1 bed • 1 bath • 500 sqft • Multiplex
609 W Animas St Unit 2, Farmington, NM, 87401
$1,750
3 beds • 2 baths • 1,491 sqft • House
412 Chaco Dr, Alamogordo, NM, 88310
$2,200
3 beds • 2 baths • 1,289 sqft • House
10841 Sabino Loop SW, Albuquerque, NM, 87121
$3,000
5 beds • 3 baths • 2,690 sqft • House
7420 Willow Springs Rd NE, Albuquerque, NM, 87113
$1,850
4 beds • 2 baths • 1,378 sqft • House
608 Cedarwood Ave, El Paso, TX, 79928
$1,799
4 beds • 2 baths • 1,240 sqft • House
13125 Celtic, El Paso, TX, 79928
$2,000
4 beds • 2 baths • 1,754 sqft • House
4021 Spicewood Ct, Las Cruces, NM, 88011
$2,400
2 beds • 2 baths • 1,632 sqft • House
312 S Mesa Verde Ave, Aztec, NM, 87410
$2,300
3 beds • 1 bath • 1,400 sqft • House
701 Cortez, Santa Fe, NM, 87505
$1,050
2 beds • 1 bath • Multiplex
558 Schwabe St N/a, El Paso, TX, 79907
$700
2 beds • 1 bath • 700 sqft • Apartment
4429 Moonlight Ave 3, El Paso, TX, 79904
$1,475
1 bed • 1 bath • 650 sqft • Multiplex
304 Kit Carson Rd 3, Taos, NM, 87571
Showing 24 of 1,806 results
Showing 24 of 1,806 results
Load moreRenting in New Mexico
New Mexico's rental market is just as varied as the state itself. New Mexico rentals are spread out between urban hubs, rural desert towns, and mountain communities with steady tourist demand. Government employment, military bases, and aerospace manufacturing jobs attract workers to New Mexico apartments and homes. Meanwhile, the University of New Mexico and New Mexico State University sustain demand for student housing in Las Cruces and Albuquerque. On the other hand, retirees often choose to settle down in New Mexico's tourist destinations with thriving arts cultures and outdoor lifestyles.
Price points vary greatly across the state. New Mexico rentals with the highest prices are usually in high-end pockets like Santa Fe and Los Alamos. However, the most affordable apartments in New Mexico are typically in remote desert towns or southeastern communities. Whatever type of property you're looking for, Rentler lists New Mexico rentals, updated as new inventory becomes available, every day.
Browse New Mexico Apartments by City
Apartments for Rent in Albuquerque, NMApartments for Rent in Las Cruces, NMApartments for Rent in Rio Rancho, NMApartments for Rent in Santa Fe, NMApartments for Rent in Roswell, NMApartments for Rent in Farmington, NMApartments for Rent in Clovis, NMApartments for Rent in Hobbs, NMApartments for Rent in Alamogordo, NMApartments for Rent in Carlsbad, NM
Browse New Mexico Rentals by Bedroom Count
New Mexico Apartments by Price
Rental Types in New Mexico
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Average Rent in New Mexico by City
| City | Studio | 1 Bedroom | 2 Bedroom |
|---|---|---|---|
| Albuquerque | $839/mo | $1,035/mo | $1,327/mo |
| Las Cruces | $792/mo | $969/mo | $1,226/mo |
| Rio Rancho | — | — | $1,373/mo |
| Santa Fe | $1,039/mo | $1,835/mo | $2,271/mo |
| Roswell | — | $906/mo | $1,108/mo |
| Farmington | — | $1,030/mo | $1,444/mo |
Based on 745 active Rentler listings in New Mexico. Updated daily.
How to Find Affordable Rentals in New Mexico
Overall, eastern and southeastern towns typically have the most affordable prices in New Mexico. Rather than looking for rentals in popular cities and metro hubs, target areas near the Texas border, like Clovis, or small towns like Roswell. Because these markets offer fewer amenities and local employment options, they're best suited for remote and hybrid workers who don't have to worry about commuting. On average, renters can save between $400–$700/mo on rent by choosing these markets over major cities like Albuquerque, Rio Rancho, or Farmington.
Frequently Asked Questions About Renting in New Mexico
Prices depend on which city you're browsing. Santa Fe is known to have the most expensive New Mexico rentals, for both one-bedroom and two-bedroom units. On the other hand, Clovis has low-cost homes and cheap apartments in New Mexico, with considerably lower prices for both one-bedroom and two-bedroom properties.
Many of New Mexico's adobe-style homes, duplexes, and small apartment buildings are pet-friendly. However, acceptance rates are higher for single-family homes or New Mexico rentals with private yard space. When applying for pet-friendly apartments, New Mexico renters should request a copy of the property manager's or HOA's policy in writing. Many urban condos limit the number of household pets or impose breed and size restrictions. Confirm that you qualify before applying and paying non-refundable fees.
From Alamogordo to Silver City, New Mexico has a solid stock of senior housing. New Mexico's inventory includes assisted living facilities, age-restricted housing, and 55+ New Mexico townhouse rentals. Because wait times are usually long, research communities early and join multiple waitlists. In some cases, senior housing in secondary cities has shorter waitlists and lower costs. If you run into roadblocks, consider broadening your search outside of the main urban core.
As a main driver for short-term and furnished rentals, New Mexico's tourism is high year-round, especially in resort mountain towns. Meanwhile, professionals tied to healthcare, universities, and the military also search for apartments and houses for rent in New Mexico to accommodate extended work trips. Ruidoso, Artesia, and Deming are great places to look. Find flexible leases and furnished units all over the state using Rentler's 'furnished amenities' and 'lease length' filters.
The majority of New Mexico's luxury listings are in historic districts, resort-style towns, and high-income suburbs, such as North Valley, Uptown, and Sonoma Ranch. Generally, inventory is made up of new developments with mountain views, large units, and premium amenities. Use Rentler's 'year built' filter or sort the results by highest price first to quickly browse luxury properties across cities.
Other Resources for New Mexico Renters
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What Is a Guarantor for an Apartment? A Renter’s Guide
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Getting a Cosigner for an Apartment: Everything Renters Need to Know
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What Is Tandem Parking? A Renter’s Guide to Car Storage
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Do Apartments Come Furnished? What to Know as a Renter
Read more: Do Apartments Come Furnished? What to Know as a Renter