Cheap Apartments for Rent in Alamogordo, NM from $400 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alamogordo.

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The Pines Apartments
Studio to 2 Bedroom Apartments

The Pines Apartments

2100 Stardust CtAlamogordo, NM 88310
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The View
2 Bedroom Apartments

The View

2116 N Scenic DrAlamogordo, NM 88310
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Juniper Apartments
1 to 2 Bedroom Apartments

Juniper Apartments

1904 Juniper DrAlamogordo, NM 88310
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Las Ventanas
1 to 3 Bedroom Apartments

Las Ventanas

2200 E First StAlamogordo, NM 88310
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Telshor Apartments
$730 - $900
Total Monthly Price

Total Monthly Price

Base Rent
$730 - $900
Total Monthly Price
$730 - $900
1 to 3 Bedroom Apartments Available Sep 1

Telshor Apartments

999 S Telshor BlvdLas Cruces, NM 88011
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  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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100 Lower Terrace Dr
Studio to 2 Bedroom Apartments

100 Lower Terrace Dr

100 Lower Terrace DrRuidoso, NM 88345
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311 Mechem Dr
Studio to 3 Bedroom Apartments

311 Mechem Dr

311 Mechem DrRuidoso, NM 88345
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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205 Mechem Dr
Studio to 3 Bedroom Apartments

205 Mechem Dr

205 Mechem DrRuidoso, NM 88345
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301 Mechem Dr
2 to 3 Bedroom Apartments

301 Mechem Dr

301 Mechem DrRuidoso, NM 88345

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-36, Page 1 of 1

Alamogordo, NM Local Guide

Cheapest Available Alamogordo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alamogordo, NM is a 1 Bed unit found at Azotea Apartments 62+ priced from $544. Cottonwood Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $554. Here is today’s list of the most affordable Alamogordo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Azotea Apartments 62+1 Bedroom1BR,1BA$544
Cottonwood Commons1 Bedroom1BR,1BA$554
La Tierra 55+1 Bedroom1BR,1BA$770
Telshor Terrace Apartments1X11BR,1BA$900
Park Place1 Bedroom, 1 Bath1BR,1BA$999
Juniper Apartments2BR/1.0BA2BR,1BA$1,100
Woodlands Cabins2 bed2BR,1BA$1,295
Alexis Apartments2 Bedroom2BR,2BA$1,305
Sonoma Pointe Apartments1 Bedroom1BR,1BA$1,350
The Pavilions at South ForkThe Mediterranean2BR,2BA$1,455

Best Value Apartments for Rent in Alamogordo, NM and Nearby

As of August 10, 2026 the best value apartment in the Alamogordo area is the $1.15 price per square foot C4 Model at Casas De Soledad in the starting from $1,884. The second greatest value Alamogordo apartment is the The Mediterranean with pool view Model at The Pavilions at South Fork starting at $1,490 with a $1.29 price per square foot . Here is today’s list of the best values for Alamogordo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Casas De SoledadC42BR,2.5BA$1.15
The Pavilions at South ForkThe Mediterranean with pool view2BR,2BA$1.29
Alexis Apartments2 Bedroom2BR,2BA$1.27
Sonoma Pointe Apartments1 Bedroom1BR,1BA$1.58
Juniper Apartments2BR/1.0BA2BR,1BA$1.34
Woodlands Cabins2 bed2BR,1BA$1.62
La Tierra 55+2 Bedrooms2BR,1BA$1.16
Azotea Apartments 62+1 Bedroom1BR,1BA$0.73
Cottonwood Commons1 Bedroom1BR,1BA$1.01
Telshor Terrace Apartments1X11BR,1BA$1.51

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Alamogordo, NM

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Alamogordo, NM Rentals by Map

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See the most popular apartments and homes in Alamogordo, NM

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Frequently Asked Questions about Cheap Alamogordo Apartments

How much is rent for a Cheap One Bedroom Alamogordo Apartment?

The lowest price for a Cheap One Bedroom Alamogordo Apartment is $544 at Azotea Apartments 62+.

What is the lowest price for a Cheap Two Bedroom Alamogordo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alamogordo is starting from $931 at La Tierra 55+.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.