
Cheap Homes for Rent in Algodones, NM from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Algodones.


1841 Blackberry Rd NE
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.

1825 Peach Rd NE

925 Country Club Dr 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.

1105 Calle Mesquite
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 | $1,667 | $1,050 | $2,095 |
| Algodones 3 Bedroom Homes for Rent | $2,462 | $1,740 | $3,200 |
| Algodones 4 Bedroom Homes for Rent | $2,813 | $2,000 | $5,000 |
| Algodones 5 Bedroom Homes for Rent | $2,650 | $2,400 | $2,900 |
Browse Top Homes for Rent in Algodones
Explore 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. 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 |
| Odyssey Apartments | Studio | Studio,1BA | $1,054 |
Best Value Apartments for Rent in Algodones, NM and Nearby
As of June 13, 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 Jade Reno Model at Via Vista Apartment Community starting at $1,910 with a $1.68 price per square foot in the Sunrise Village at Northern Meadows 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 |
| Via Vista Apartment Community | Jade Reno | 3BR,2BA | $1.68 |
| Arrowhead Ridge | Three Bed/Two Bath - 60% AMI | 3BR,2BA | $1.24 |
| Allegro at Tanoan | 2 Bedroom 2 Bath | 2BR,2BA | $1.70 |
| Sandoval Flats | 2AA (Wheelchair Accessible) | 2BR,2BA | $1.30 |
| La Mirage Apartment Homes | Tijeras | 2BR,2BA | $1.66 |
| Ottavo | Avia | 2BR,2BA | $1.68 |
| Arterra | Vadara | 1BR,1BA | $1.60 |
| Desert Willow | Sonoma | 2BR,2BA | $1.52 |
| 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.
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!
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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 $3,061. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algodones ranging from $1,050 to $5,000.
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 $1,050 to $5,000 with an average monthly rent of $2,398.
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 $2,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,740 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,000 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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.