
Cheap Homes for Rent near Alto, NM from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Alto.


8 Alicia Dr

1204 S Missouri Ave

303 Racquet Dr

613 S Hemlock Ave
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.

25972 US-70

9 Oak Dr

1602 W Tilden St

1744 N Ohio Ave

100 Apache Hills Dr
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.

110 Apache Hills Dr

2212 Oregon Ave

56 Ridgecrest Dr

1025 Crescent Dr

1607 W Walnut St
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.

108 Skylane Rd

103 S Missouri Ave
Alto, NM Local Guide

How much does it cost to rent a home in Alto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alto 2 Bedroom Homes for Rent | $1,465 | $1,085 | $2,400 |
| Alto 3 Bedroom Homes for Rent | $1,599 | $1,075 | $2,300 |
| Alto 4 Bedroom Homes for Rent | $2,307 | $1,300 | $3,000 |
| Alto 5 Bedroom Homes for Rent | $3,450 | $1,900 | $5,000 |
Browse Top Homes for Rent in Alto
Explore Alto
Alto, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Alto Apartments for Rent and Nearby
 The cheapest available apartment rental in Alto, NM is a 1 Bed unit found at Azotea Apartments 62+ priced from $544. Cottonwood Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $554. Here is today’s list of the most affordable Alto apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $544 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $554 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $676 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
Best Value Apartments for Rent in Alto, NM and Nearby
As of July 24, 2026 the best value apartment in the Alto area is the $1.26 price per square foot 3 Bed, 1.5 Bath B Model at Villas of Briar Ridge in the starting from $1,504. The second greatest value Alto apartment is the Two Bedroom Large Model at Christa Lee Manor Apartments starting at $855 with a $0.90 price per square foot . Here is today’s list of the best values for Alto apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas of Briar Ridge | 3 Bed, 1.5 Bath B | 3BR,1.5BA | $1.26 |
| Christa Lee Manor Apartments | Two Bedroom Large | 2BR,2BA | $0.90 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $0.77 |
| La Tierra 55+ | 2 Bedrooms | 2BR,1BA | $1.16 |
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $0.73 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $1.01 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $1.09 |
| Saddlecreek Apartments | Magnolia | 2BR,1BA | $1.40 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.41 |
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!
Explore Alto, NM Rentals by Map
See the most popular apartments and homes in Alto, NM
Frequently Asked Questions about Alto
What type of rentals are currently available in Alto?
There are currently 25 Apartments for Rent in Alto, NM with pricing that ranges from $411 to $3,156. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alto ranging from $796 to $5,000.
What is the current price range for Rental Homes in Alto?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alto ranges from $796 to $5,000 with an average monthly rent of $1,923.
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.