
Cheap Apartments for Rent in Algodones, NM from $800 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Algodones.


Sandoval Flats

Arrowhead Ridge

La Cantera Senior Apartments

Desert Willow

Enchanted Vista Apartments

Casa de Encantada Senior Apartments
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.

Panorama

Total Monthly Price
Entrada Pointe

River Walk at Puerta de Corrales

Blue Agave Villas

Allegro at Tanoan

Enchanted Hills

Meadowlark Apartments
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.

Solaire

La Mirage Apartment Homes

Vista Del Sol Apartments

Felician Villa II - Senior 55+

12 Camino del Campo Santo

839 Country Club Dr SE

1316 F Grande Blvd SE
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

400 Pso De Corrales
Algodones, NM Local Guide

How much does it cost to rent an apartment in Algodones?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algodones Studio Apartments | $1,612 | $1,098 | $1,873 |
| Algodones 1 Bedroom Apartments | $1,610 | $814 | $2,721 |
| Algodones 2 Bedroom Apartments | $1,627 | $940 | $2,904 |
| Algodones 3 Bedroom Apartments | $1,655 | $1,066 | $3,362 |
| Algodones 4 Bedroom Apartments | $1,343 | $1,343 | $1,343 |
Browse Top Apartments in Algodones
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Algodones, NM Local Guide
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Cheapest Available Algodones Apartments for Rent and Nearby
 The cheapest available apartment rental in Algodones, NM is a 1 Bed unit found at Desert Willow in the Baloon Fiesta Park neighborhood priced from $964. Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $993. Here is today’s list of the most affordable Algodones apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Desert Willow | Madera | 1BR,1BA | $964 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
| Arrowhead Ridge | Mesa 50% | 3BR,2BA | $1,066 |
| Panorama | Studio B | Studio,1BA | $1,098 |
| La Cantera Senior Apartments | 2x2 | 2BR,2BA | $1,141 |
Best Value Apartments for Rent in Algodones, NM and Nearby
As of March 16, 2026 the best value apartment in the Algodones area is the $1.44 price per square foot Palazzo Model at Arterra in the in the Academy Hills neighborhood starting from $1,880. The second greatest value Algodones apartment is the 2x2 Model at La Cantera Senior Apartments starting at $1,141 with a $0.98 price per square foot in the Sunrise Village at Northern Meadows neighborhood. Here is today’s list of the best values for Algodones apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arterra | Palazzo | 3BR,2BA | $1.44 |
| La Cantera Senior Apartments | 2x2 | 2BR,2BA | $0.98 |
| Arrowhead Ridge | Mesa 60% | 3BR,2BA | $1.24 |
| Via Vista Apartment Community | Amber | 2BR,2BA | $1.72 |
| La Mirage Apartment Homes | Tijeras | 2BR,2BA | $1.51 |
| Broadstone Heights | 1x1-880 | 1BR,1BA | $1.64 |
| Enchanted Hills | Diego | 2BR,1BA | $1.74 |
| Allegro at Tanoan | 1 Bedroom 1 Bath | 1BR,1BA | $1.49 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
| Desert Willow | Madera | 1BR,1BA | $1.68 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Algodones, NM Rentals by Map
See the most popular apartments and homes in Algodones, NM
Frequently Asked Questions about Cheap Algodones Apartments
What is the Cheapest Studio apartment in Algodones?
Currently the most affordable Cheap Studio Apartment in Algodones is at Panorama listed at $1,098.
How much is rent for a Cheap One Bedroom Algodones Apartment?
The lowest price for a Cheap One Bedroom Algodones Apartment is $964 at Desert Willow.
What is the lowest price for a Cheap Two Bedroom Algodones Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Algodones is starting from $1,141 at La Cantera Senior Apartments.
What is the most affordable Algodones Three Bedroom Apartment?
The best deal on a cheap Algodones Three Bedroom Apartment rental is at Arrowhead Ridge and starts from $1,066.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.