Cheap Apartments for Rent near Algodones, NM from $940 (51 Rentals)

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

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Odyssey Apartments
Rent Specials
$1,054 - $2,422

Total Monthly Price

Base Rent$1,054 - $2,422
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Odyssey Apartments

10600 Cibola Loop NWAlbuquerque, NM 87114
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Entrada Pointe
$1,197 - $1,567

Total Monthly Price

Base Rent$1,197 - $1,567
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Entrada Pointe

900 Country Club DrRio Rancho, NM 87124
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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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SkyStone Apartments
$1,375 - $8,005

Total Monthly Price

Base Rent$1,375 - $8,005
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

SkyStone Apartments

10800 Cibola Loop NWAlbuquerque, NM 87114
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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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Allaso Journal Center
Rent Specials
$1,581 - $2,164

Total Monthly Price

Base Rent$1,581 - $2,164
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Allaso Journal Center

7800 Headline Blvd NEAlbuquerque, NM 87109
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Allaso Vineyards
Rent Specials
$1,630 - $2,350

Total Monthly Price

Base Rent$1,630 - $2,350
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Allaso Vineyards

8901 Holly Ave NEAlbuquerque, NM 87122
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Allaso Olivine
Rent Specials
$1,663 - $2,401

Total Monthly Price

Base Rent$1,663 - $2,401
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Allaso Olivine

6925 Alameda Blvd NEAlbuquerque, NM 87113
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Ottavo
Rent Specials
$1,709 - $2,128

Total Monthly Price

Base Rent$1,709 - $2,128
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Ottavo

6350 Eubank Blvd NEAlbuquerque, NM 87111
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Allaso High Desert
Rent Specials
$1,837 - $2,967

Total Monthly Price

Base Rent$1,837 - $2,967
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Allaso High Desert

6701 Tennyson St NEAlbuquerque, NM 87111
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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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Olympus Latitude
Studio to 2 Bedroom Apartments

Olympus Latitude

6700 Modesto Ave NEAlbuquerque, NM 87113

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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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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Algodones, NM Local Guide

Cheapest Available Algodones Apartments for Rent and Nearby

 

The cheapest available apartment rental in Algodones, NM is a 2 Beds unit found at Arrowhead Ridge in the Sunrise Village at Northern Meadows neighborhood priced from $940. Odyssey Apartments in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,054. Here is today’s list of the most affordable Algodones apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arrowhead RidgeTwo Bed/Two Bath - 60% AMI2BR, 2BA$940
Odyssey ApartmentsStudioStudio, 1BA$1,054
Desert WillowMadera1BR, 1BA$1,061
Sandoval Flats1A1BR, 1BA$1,095
Casa de Encantada Senior ApartmentsOne Bedroom1BR, 1BA$1,096
La Cantera Senior Apartments2x22BR, 2BA$1,141
Solaire1x1-5891BR, 1BA$1,199
River Walk at Puerta de CorralesGreenway1BR, 1BA$1,209
Blue Agave VillasThe Grove1BR, 1BA$1,285
Meadowlark Apartments1x11BR, 1BA$1,319

Best Value Apartments for Rent in Algodones, NM and Nearby

As of September 22, 2026 the best value apartment in the Algodones area is the $0.98 price per square foot 2x2 Model at La Cantera Senior Apartments in the Sunrise Village at Northern Meadows neighborhood starting from $1,141. The second greatest value Algodones apartment is the Jade Model at Via Vista Apartment Community in the Sunrise Village at Northern Meadows neighborhood starting at $1,976 with a $1.73 price per square foot. Here is today’s list of the best values for Algodones apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
La Cantera Senior Apartments2x22BR, 2BA$0.98
Via Vista Apartment CommunityJade3BR, 2BA$1.73
Broadstone Heights2X2-1135-Upgraded2BR, 2BA$1.61
Arrowhead RidgeThree Bed/Two Bath - 60% AMI3BR, 2BA$1.24
SkyStone ApartmentsVashon1BR, 1BA$1.77
ArterraVadara1BR, 1BA$1.64
Enchanted HillsDiego2BR, 1BA$1.74
Allegro at Tanoan1 Bedroom 1 Bath1BR, 1BA$1.64
Sandoval Flats1A1BR, 1BA$1.47
PrismaScarlet Renovated1BR, 1BA$1.82

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

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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 Odyssey Apartments listed at $1,054.

How much is rent for a Cheap One Bedroom Algodones Apartment?

The lowest price for a Cheap One Bedroom Algodones Apartment is $1,061 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 $940 at Arrowhead Ridge.

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 $1,337.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.