Cheap Apartments for Rent in Alto, NM from $500 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alto.

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.

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708 W 13th St
1 Bedroom Apartments

708 W 13th St

708 W 13th StRoswell, NM 88201
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Alto, NM Local Guide

Cheapest Available Alto Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alto, NM is a Studio unit found at 100 Lower Terrace Dr priced from $550. Los Arcos and Starlight Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $568. Here is today’s list of the most affordable Alto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
100 Lower Terrace DrStudioStudio,1BA$550
Los Arcos and Starlight CourtLos Arcos 2 bedroom2BR,1BA$568
Sierra Vista Village1B/1B Flat1BR,1BA$650
Mirador Apartments1 BEDROOM1BR,1BA$700
Pueblo ChamisaLea - One Bedroom1BR,1BA$720

Best Value Apartments for Rent in Alto, NM and Nearby

As of May 31, 2025 the best value apartment in the Alto area is the $0.90 price per square foot 2 BR Model at 100 Lower Terrace Dr in the starting from $900. The second greatest value Alto apartment is the 1 Bedroom Model at 1206 Cuba Rd starting at $1,000 with a $1.05 price per square foot . Here is today’s list of the best values for Alto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
100 Lower Terrace Dr2 BR2BR,1BA$0.90
1206 Cuba Rd1 Bedroom1BR,1BA$1.05
Villas of Briar Ridge2 Bed, 1 Bath2BR,1BA$1.31
Los Arcos and Starlight CourtStarlight Court two bedroom2BR,1BA$0.85
Christa Lee Manor ApartmentsF271BR,1BA$1.16
Spring River Luxury Apartment HomesA11BR,1BA$2.01
Pueblo ChamisaLea - One Bedroom1BR,1BA$1.19
Sierra Vista Village2B/1B1BR,1BA$1.42
Woodlands Cabins1 Bed1BR,1BA$2.10
Mirador ApartmentsEfficiencyStudio ,1BA$1.90

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Alto, NM Rentals by Map

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See the most popular apartments and homes in Alto, NM

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Getting Around Alto, NM

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

4 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Alto Apartments

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

The lowest price for a Cheap One Bedroom Alto Apartment is $650 at Sierra Vista Village.

What is the lowest price for a Cheap Two Bedroom Alto Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alto is starting from $568 at Los Arcos and Starlight Court.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.