812 Badger St
HopeNM88250
Cheap Homes for Rent in Alto, NM from $600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Alto.
1905 E 12th St
AlamogordoNM88310
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.
602 N Ohio Ave
RoswellNM88201
1002 W Deming St
RoswellNM88203
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.
Showing Results 1-4, Page 1 of 1
Alto, NM Local Guide
Capitan Mountains from Sierra Blanca by uıɐɾ ʞ ʇɐɯɐs is licensed under CC BY 2.0
How much does it cost to rent a home in Alto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alto 2 Bedroom Homes for Rent | $1,319 | $675 | $1,800 |
| Alto 3 Bedroom Homes for Rent | $1,668 | $1,150 | $2,250 |
| Alto 4 Bedroom Homes for Rent | $2,300 | $1,500 | $3,000 |
| Alto 5 Bedroom Homes for Rent | $3,825 | $2,650 | $5,000 |
Browse Top Homes for Rent in Alto
Explore Alto
Alto, NM Local Guide
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Best Value Apartments for Rent in Alto, NM and Nearby
As of June 08, 2026 the best value apartment in the Alto area is the $0.77 price per square foot 2 BR Model at Wilshire Gardens 55+ in the starting from $676. The second greatest value Alto apartment is the Two Bedroom Model at Mesa Verde - FREE Utilities starting at $984 with a $1.22 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. |
|---|---|---|---|
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $0.77 |
| Mesa Verde - FREE Utilities | Two Bedroom | 2BR,1BA | $1.22 |
| 5066 Inspiration Ln, Unit unit 2 | 5066 Inspiration Ln | 2BR,1BA | $1.19 |
| Woodlands Cabins | 2 bed | 2BR,1BA | $1.62 |
| 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 |
| Peachtree Canyon Apartments | 1 Bedroom | 1BR,1BA | $1.29 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
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 Article
Real 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.
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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 29 Apartments for Rent in Alto, NM with pricing that ranges from $411 to $3,433. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alto ranging from $675 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 $675 to $5,000 with an average monthly rent of $2,052.
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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.