Cheap Homes for Rent in Alcalde, NM from $1,300 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Alcalde.

property at 941 Calle Mejia

$1,500 - $2,000

1 To 2 Bedroom Rentals

Available Now

941 Calle Mejia

Santa FeNM87501

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.

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.

Alcalde, NM Local Guide

Cheapest Available Alcalde Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alcalde, NM is a 2 Beds unit found at El Cerrito priced from $749. Santa Fe Suites in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here is today’s list of the most affordable Alcalde apartments for rent:

Apartment ListingModel NameBed/BathPriced From
El Cerrito2 BR2BR,1BA$749
Santa Fe SuitesStudioStudio,1BA$899
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900

Best Value Apartments for Rent in Alcalde, NM and Nearby

As of April 27, 2026 the best value apartment in the Alcalde area is the $1.86 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,455. The second greatest value Alcalde apartment is the Three Bedroom Model at Cielo Luxury Living Apartments starting at $2,699 with a $2.14 price per square foot in the Pueblos Del Sol neighborhood. Here is today’s list of the best values for Alcalde apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.86
Cielo Luxury Living ApartmentsThree Bedroom3BR,2BA$2.14
El Cerrito2 BR2BR,1BA$0.77
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.59
Soleras StationTwo Bedroom2BR,1BA$2.00
Rancho Carrera ApartmentsTwo Bedroom2BR,2BA$1.76
The MicaThe Pinon2BR,1BA$1.87
South MeadowsGila1BR,1BA$2.24
Vista Linda1 Bedroom | 1 Bath1BR,1BA$2.19
Evergreen Apartments1x1-B1BR,1BA$1.70

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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

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Frequently Asked Questions about Alcalde

What type of rentals are currently available in Alcalde?

There are currently 35 Apartments for Rent in Alcalde, NM with pricing that ranges from $749 to $4,281. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alcalde ranging from $1,395 to $12,500.

What is the current price range for Rental Homes in Alcalde?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alcalde ranges from $1,395 to $12,500 with an average monthly rent of $4,572.

How much are larger Three and Four Bedroom Rentals in Alcalde?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alcalde range from $1,799 to $4,281, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $8,000. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,455.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.