
Cheap Homes for Rent in Alamogordo, NM from $750 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Alamogordo.


1315 Desert Eve Dr

31 Becky Ave

2592 US-70

1308 E 8th St
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.

6818 Eagle Rd

2101 Aspen Dr

123 Alonzo Way

123 Lance

1207 Wright Ave
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.
Alamogordo, NM Local Guide

How much does it cost to rent a home in Alamogordo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alamogordo 2 Bedroom Homes for Rent | $1,497 | $1,100 | $2,000 |
| Alamogordo 3 Bedroom Homes for Rent | $1,803 | $1,400 | $2,150 |
| Alamogordo 4 Bedroom Homes for Rent | $2,462 | $1,850 | $2,900 |
| Alamogordo 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent in Alamogordo
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Alamogordo, NM Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $544 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $554 |
| La Tierra 55+ | 1 Bedroom | 1BR,1BA | $770 |
Best Value Apartments for Rent in Alamogordo, NM
As of September 15, 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 in the starting from $1,750. The second greatest value Alamogordo apartment is the 3 Bedroom 2 Bathroom Model at Cielo at Alamogordo starting at $1,355 with a $1.44 price per square foot . Here is today’s list of the best values for Alamogordo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sonoma Pointe Apartments | 2 Bedroom Furnished | 2BR,2BA | $1.46 |
| Cielo at Alamogordo | 3 Bedroom 2 Bathroom | 3BR,1BA | $1.44 |
| The Pavilions at South Fork | The Venetian | 1BR,1BA | $1.38 |
| Regency Pointe Apartments | The Royale | 2BR,1BA | $1.13 |
| Juniper Apartments | 2BR/1.0BA | 2BR,1BA | $1.34 |
| La Tierra 55+ | 2 Bedrooms | 2BR,1BA | $1.16 |
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $0.73 |
| Alexis Apartments | 1 Bedroom - Large | 1BR,1BA | $1.51 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $1.01 |
| Telshor Terrace Apartments | 1X1 | 1BR,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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Alamogordo, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alamogordo, NM Rentals by Map
See the most popular apartments and homes in Alamogordo, NM
Frequently Asked Questions about Alamogordo
What type of rentals are currently available in Alamogordo?
There are currently 55 Apartments for Rent in Alamogordo, NM with pricing that ranges from $411 to $2,440. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alamogordo ranging from $750 to $5,000.
What is the current price range for Rental Homes in Alamogordo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alamogordo ranges from $750 to $5,000 with an average monthly rent of $1,719.
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

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.

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.

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.

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.