Cheap Apartments for Rent near Algodones, NM from $800 (37 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
$1,154 - $1,919
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$1,154 - $1,919
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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
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Total Monthly Price

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$1,197 - $1,567
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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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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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Ottavo
Rent Specials
$1,465 - $2,131
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$1,465 - $2,131
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1 to 3 Bedroom Apartments Available Now

Ottavo

6350 Eubank Blvd NEAlbuquerque, NM 87111
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SkyStone Apartments
$1,541 - $7,873
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$1,541 - $7,873
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1 to 3 Bedroom Apartments Available Now

SkyStone Apartments

10800 Cibola Loop NWAlbuquerque, NM 87114
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Allaso Journal Center
Rent Specials
$1,606 - $2,323
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Base Rent
$1,606 - $2,323
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Studio to 2 Bedroom Apartments Available Now

Allaso Journal Center

7800 Headline Blvd NEAlbuquerque, NM 87109
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Allaso Olivine
Rent Specials
$1,618 - $2,412
Total Monthly Price

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$1,618 - $2,412
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Studio to 2 Bedroom Apartments Available Now

Allaso Olivine

6925 Alameda Blvd NEAlbuquerque, NM 87113
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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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Allaso Vineyards
Rent Specials
$1,715 - $2,298
Total Monthly Price

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$1,715 - $2,298
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1 to 2 Bedroom Apartments Available Now

Allaso Vineyards

8901 Holly Ave NEAlbuquerque, NM 87122
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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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Showing Results 1-37, Page 1 of 1

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. La Cantera Senior Apartments in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $956. 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
La Cantera Senior Apartments1x11BR,1BA$956
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1,096
Odyssey ApartmentsStudioStudio,1BA$1,154
River Walk at Puerta de CorralesGreenway LP1BR,1BA$1,249
Desert WillowSonoma2BR,2BA$1,270
Allegro at Tanoan1 Bedroom 1 Bath1BR,1BA$1,361
La Mirage Apartment HomesJemez1BR,1BA$1,364
PrismaScarlet Renovated1BR,1BA$1,375
The OrchardsOne Bedroom1BR,1BA$1,385

Best Value Apartments for Rent in Algodones, NM and Nearby

As of August 08, 2026 the best value apartment in the Algodones area is the $1.40 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,850. The second greatest value Algodones apartment is the Palazzo Model at Arterra starting at $2,165 with a $1.65 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Horizon Village3BR/2.5BA3BR,2.5BA$1.40
ArterraPalazzo3BR,2BA$1.65
Sandoval Flats3B3BR,2BA$1.15
Via Vista Apartment CommunityJade3BR,2BA$1.72
Meadowlark Apartments2x2TH2BR,2BA$1.54
Arrowhead RidgeThree Bed/Two Bath - 60% AMI3BR,2BA$1.24
Broadstone Heights1x1-8801BR,1BA$1.71
Desert WillowSonoma2BR,2BA$1.51
Allegro at Tanoan1 Bedroom 1 Bath1BR,1BA$1.63
La Cantera Senior Apartments1x11BR,1BA$1.61

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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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 $1,154.

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

The lowest price for a Cheap One Bedroom Algodones Apartment is $956 at La Cantera 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

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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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.