Cheap Apartments for Rent in Alamogordo, NM from $400 (34 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
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The View
2 Bedroom Apartments

The View

2116 N Scenic DrAlamogordo, NM 88310

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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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

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$730 - $900
Total Monthly Price
$730 - $900
1 to 3 Bedroom Apartments Available Jun 15

Telshor Apartments

999 S Telshor BlvdLas Cruces, NM 88011
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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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205 Mechem Dr
Studio to 3 Bedroom Apartments

205 Mechem Dr

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

301 Mechem Dr

301 Mechem DrRuidoso, NM 88345

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-34, 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
Peachtree Canyon Apartments1 Bed, 1 bath1BR,1BA$795
Telshor Terrace Apartments1X11BR,1BA$925
Regency Pointe ApartmentsThe Royale2BR,1BA$970
Park PlaceLarge One Bedroom1BR,1BA$975
Alexis Apartments1 Bedrooom - Small1BR,1BA$995
Woodlands Cabins1 Bed1BR,1BA$1,050

Best Value Apartments for Rent in Alamogordo, NM

As of May 09, 2026 the best value apartment in the Alamogordo area is the $1.33 price per square foot C3 Model at Casas De Soledad in the starting from $1,583. The second greatest value Alamogordo apartment is the The Catlina Model at The Pavilions at South Fork starting at $1,410 with a $1.28 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 SoledadC32BR,2BA$1.33
The Pavilions at South ForkThe Catlina2BR,2BA$1.28
120 Badger Ct, Unit Badger120 Badger Ct2BR,2BA$1.20
Regency Pointe ApartmentsThe Royale2BR,1BA$1.13
6550 Columbus Dr, Unit 6550 Columbus Dr.# 26550 Columbus Dr2BR,1BA$1.19
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$1.35
Peachtree Canyon Apartments1 Bed, 1 bath1BR,1BA$1.29

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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Best Local Schools in
Alamogordo, NM

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Remember the 3 Rules of Real Estate:
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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+.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.