
Cheap Homes for Rent in Algodones, NM from $1,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Algodones.


4216 Russel Ct NE

247 US-550

1109 Meadowlark Way SE
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.

1178 Calle Madera

508 Cerro De Ortega Dr SE

1837 Round Up Dr NE

3820 Oasis Springs Rd NE
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.
Algodones, NM Local Guide

How much does it cost to rent a home in Algodones?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algodones 2 Bedroom Homes for Rent | $1,645 | $1,400 | $2,100 |
| Algodones 3 Bedroom Homes for Rent | $2,244 | $1,400 | $2,999 |
| Algodones 4 Bedroom Homes for Rent | $2,294 | $1,950 | $2,640 |
| Algodones 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
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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 Odyssey Apartments in the Sunrise Village at Northern Meadows neighborhood priced from $880. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Odyssey Apartments | a10a | 1BR,1BA | $880 |
| La Cantera Senior Apartments | 1x1 | 1BR,1BA | $956 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
Best Value Apartments for Rent in Algodones, NM and Nearby
As of January 13, 2026 the best value apartment in the Algodones area is the $1.67 price per square foot 3BR/2.0BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,890. The second greatest value Algodones apartment is the 2 X 2.5 (1-Car Gar) Model at Terra at Enchanted Hills starting at $2,125 with a $1.74 price per square foot in the Encantado del Norte Heritage Series 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/2.0BA | 3BR,2BA | $1.67 |
| Terra at Enchanted Hills | 2 X 2.5 (1-Car Gar) | 2BR,2.5BA | $1.74 |
| Allegro at Tanoan | 2 Bedroom 2 Bath | 2BR,2BA | $1.60 |
| Via Vista Apartment Community | Amber Reno | 2BR,2BA | $1.78 |
| La Mirage Apartment Homes | Tijeras | 2BR,2BA | $1.55 |
| Arterra | Vadara | 1BR,1BA | $1.65 |
| SkyStone Apartments | Boca | 1BR,1BA | $1.78 |
| La Cantera Senior Apartments | 1x1 | 1BR,1BA | $1.61 |
| 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!
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Frequently Asked Questions about Algodones
What type of rentals are currently available in Algodones?
There are currently 37 Apartments for Rent in Algodones, NM with pricing that ranges from $814 to $3,723. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algodones ranging from $1,400 to $2,999.
What is the current price range for Rental Homes in Algodones?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Algodones ranges from $1,400 to $2,999 with an average monthly rent of $2,070.
How much are larger Three and Four Bedroom Rentals in Algodones?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Algodones range from $1,228 to $3,723, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,999. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,343.
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 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!