Cheap Apartments for Rent in Alamogordo, NM from $411 (44 Rentals)

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

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S&B Rentals
$850 - $1,800

Total Monthly Price

Base Rent$850 - $1,800
Total Monthly Price$850 - $1,800
Studio to 2 Bedroom Apartments Available Now

S&B Rentals

508 S White Sands BlvdAlamogordo, NM 88310
Furnished
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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 Pines Apartments
Studio to 2 Bedroom Apartments

The Pines Apartments

2100 Stardust CtAlamogordo, NM 88310
  • Utilities Included
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The View
2 Bedroom Apartments

The View

2116 N Scenic DrAlamogordo, NM 88310

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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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

Base Rent$730 - $900
Total Monthly Price$730 - $900
1 to 3 Bedroom Apartments Available Nov 16

Telshor Apartments

999 S Telshor BlvdLas Cruces, NM 88011
Affordability
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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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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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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
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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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-44, Page 1 of 1

Alamogordo, NM Local Guide

Cheapest Available Alamogordo Apartments for Rent

 

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
Regency Pointe ApartmentsThe Senator1BR, 1BA$835
S&B RentalsStudioStudio, 1BA$850
Telshor Terrace Apartments1X11BR, 1BA$900
Park Place1 Bedroom, 1 Bath1BR, 1BA$919
The Pavilions at South ForkThe Venetian1BR, 1BA$1,234
Woodlands Cabins2 bed2BR, 1BA$1,295
Alexis Apartments2 Bedroom2BR, 2BA$1,305

Best Value Apartments for Rent in Alamogordo, NM

As of September 24, 2026 the best value apartment in the Alamogordo area is the $1.46 price per square foot 2 Bedroom Furnished Model at Sonoma Pointe Apartments starting from $1,750. The second greatest value Alamogordo apartment is the 2 Bedroom Model at Alexis Apartments starting at $1,305 with a $1.27 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.
Sonoma Pointe Apartments2 Bedroom Furnished2BR, 2BA$1.46
Alexis Apartments2 Bedroom2BR, 2BA$1.27
Cielo at Alamogordo3 Bedroom 2 Bathroom3BR, 1BA$1.44
The Pavilions at South ForkThe Venetian1BR, 1BA$1.42
La Tierra 55+2 Bedrooms2BR, 1BA$1.16
Azotea Apartments 62+1 Bedroom1BR, 1BA$0.73
Cottonwood Commons1 Bedroom1BR, 1BA$1.01
Regency Pointe ApartmentsThe Senator1BR, 1BA$1.24
Park Place1 Bedroom, 1 Bath1BR, 1BA$1.47
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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!

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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+.

What is the most affordable Alamogordo Three Bedroom Apartment?

The best deal on a cheap Alamogordo Three Bedroom Apartment rental is at Cottonwood Commons and starts from $621.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.