
Cheap Apartments for Rent in Algodones, NM from $800 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Algodones.


Desert Willow

The Panorama

Casa de Encantada Senior Apartments

Sandoval Flats

River Walk at Puerta de Corrales

Blue Agave Villas

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Odyssey Apartments
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.

Total Monthly Price
Entrada Pointe

Enchanted Hills

Meadowlark Apartments

Solaire

Allegro at Tanoan

Prisma

Vista Del Sol Apartments

The Orchards
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.

La Mirage Apartment Homes

Broadstone Heights

Arterra

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Allaso Journal Center

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SkyStone Apartments

Altezza High Desert

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Allaso Vineyards

Coronado Townhomes
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.

Via Vista Apartment Community

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Ottavo

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Allaso High Desert

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Allaso Olivine

Cielo Alameda

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Overture Albuquerque 55+ Active Adult Apartment Homes

Terra at Enchanted Hills

Felician Villa I - Senior 55+
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.

La Cantera Senior Apartments

Felician Villa II - Senior 55+

12 Camino del Campo Santo

Olympus Latitude

908 Bursum Ln SE

401 Cerro De Ortega Dr SE

3853 Oasis Springs Rd NE

1810 Lark Dr NE
The Art of the Rental Viewing: What to look for during a property tour
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.

3101 Mason Meadows Dr
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 | $1,520 | $970 | $1,803 |
| Algodones 1 Bedroom Apartments | $1,610 | $961 | $2,520 |
| Algodones 2 Bedroom Apartments | $1,673 | $940 | $3,011 |
| Algodones 3 Bedroom Apartments | $1,804 | $1,066 | $2,964 |
| Algodones 4 Bedroom Apartments | $1,646 | $1,646 | $1,646 |
Browse Top Apartments in Algodones
See all Apartments in AlgodonesExplore Algodones
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 2 Beds unit found at Arrowhead Ridge in the Sunrise Village at Northern Meadows neighborhood priced from $940. 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 $1,029. Here is today’s list of the most affordable Algodones apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrowhead Ridge | Two Bed/Two Bath - 60% AMI | 2BR,2BA | $940 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1,029 |
| La Cantera Senior Apartments | 2x1 | 2BR,1BA | $1,141 |
| Desert Willow | Sonoma | 2BR,2BA | $1,153 |
| River Walk at Puerta de Corrales | Greenway LP | 1BR,1BA | $1,229 |
| Blue Agave Villas | The Grove | 1BR,1BA | $1,280 |
| Sandoval Flats | 2AA (Wheelchair Accessible) | 2BR,2BA | $1,299 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $1,339 |
| Solaire | 1x1-670-Full Renovation | 1BR,1BA | $1,350 |
| Odyssey Apartments | b20a | 2BR,2BA | $1,353 |
Best Value Apartments for Rent in Algodones, NM and Nearby
As of May 09, 2026 the best value apartment in the Algodones area is the $1.35 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,750. The second greatest value Algodones apartment is the 3X2-1314 Model at Broadstone Heights starting at $1,955 with a $1.49 price per square foot in the Academy Hills 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. |
|---|---|---|---|
| Horizon Village | 3BR/2.5BA | 3BR,2.5BA | $1.35 |
| Broadstone Heights | 3X2-1314 | 3BR,2BA | $1.49 |
| Terra at Enchanted Hills | 2 X 2.5 (1-Car Gar) | 2BR,2.5BA | $1.64 |
| Cielo Alameda | 2x2d | 2BR,2BA | $1.64 |
| Arrowhead Ridge | Three Bed/Two Bath - 60% AMI | 3BR,2BA | $1.24 |
| Sandoval Flats | 2AA (Wheelchair Accessible) | 2BR,2BA | $1.31 |
| La Cantera Senior Apartments | 2x1 | 2BR,1BA | $1.21 |
| Arterra | Vadara | 1BR,1BA | $1.66 |
| Solaire | 2x1-867 | 2BR,1BA | $1.65 |
| Desert Willow | Sonoma | 2BR,2BA | $1.37 |
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 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.
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 Allaso Journal Center listed at $1,488.
How much is rent for a Cheap One Bedroom Algodones Apartment?
The lowest price for a Cheap One Bedroom Algodones Apartment is $1,029 at Casa de Encantada Senior Apartments.
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

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.

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.

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.

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.