
Cheap Homes for Rent near Algodones, NM from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Algodones.


925 Country Club Dr SE

4209 Ridgeway Ct
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.

1864 Blackberry Rd NE

1105 Calle Mesquite

1512 Penasco Rd NE
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.
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 | $1,567 | $1,250 | $1,945 |
| Algodones 3 Bedroom Homes for Rent | $2,219 | $1,740 | $2,995 |
| Algodones 4 Bedroom Homes for Rent | $2,716 | $1,995 | $3,800 |
| Algodones 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrowhead Ridge | Two Bed/Two Bath - 60% AMI | 2BR,2BA | $940 |
| La Cantera Senior Apartments | 1x1 | 1BR,1BA | $956 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1,096 |
Best Value Apartments for Rent in Algodones, NM and Nearby
As of July 28, 2026 the best value apartment in the Algodones area is the $1.44 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,950. The second greatest value Algodones apartment is the 3 x 3.5 (1-car Gar) Model at Terra at Enchanted Hills starting at $2,495 with a $1.52 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/2.5BA | 3BR,2.5BA | $1.44 |
| Terra at Enchanted Hills | 3 x 3.5 (1-car Gar) | 3BR,3.5BA | $1.52 |
| Via Vista Apartment Community | Quartz | 3BR,2BA | $1.62 |
| Broadstone Heights | 2X2-1135-Upgraded | 2BR,2BA | $1.65 |
| Arrowhead Ridge | Three Bed/Two Bath - 60% AMI | 3BR,2BA | $1.24 |
| Entrada Pointe | Two Bedroom Two Bathroom | 2BR,2BA | $1.74 |
| Arterra | Vadara | 1BR,1BA | $1.62 |
| Desert Willow | Sonoma | 2BR,2BA | $1.51 |
| Allegro at Tanoan | 1 Bedroom 1 Bath | 1BR,1BA | $1.71 |
| La Cantera Senior Apartments | 1x1 | 1BR,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.
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.
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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 $940 to $3,628. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algodones ranging from $1,250 to $3,800.
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 $1,250 to $3,800 with an average monthly rent of $2,325.
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 $1,066 to $3,628, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,740 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,644.
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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.