Cheap Apartments for Rent in Aragon, NM from $500 (56 Rentals)

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

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.

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Mesa Ridge Apartments
Rent Specials
$1,039 - $1,419
Total Monthly Price

Total Monthly Price

Base Rent
$935 - $1,315
Required Monthly Fees
$104
Total Monthly Price
$1,039 - $1,419
1 to 2 Bedroom Apartments Available Now

Mesa Ridge Apartments

3501 Atrisco Dr NWAlbuquerque, NM 87120
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Nine-O-Nine Apartments
$1,095 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,395
Total Monthly Price
$1,095 - $1,395
Studio to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
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Stride West
$1,116 - $1,990
Total Monthly Price

Total Monthly Price

Base Rent
$1,072 - $1,946
Required Monthly Fees
Varies
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Stride West

6101 Sequoia Rd NWAlbuquerque, NM 87120
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Valley Apartments
$1,223 - $1,685
Total Monthly Price

Total Monthly Price

Base Rent
$1,139 - $1,601
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1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
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One Central
Rent Specials
$1,400 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,750
Required Monthly Fees
$250
Total Monthly Price
$1,400 - $2,000
1 to 2 Bedroom Apartments Available Now

One Central

1 Central Ave NWAlbuquerque, NM 87102
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Diamond Mesa
$1,518 - $6,436
Total Monthly Price

Total Monthly Price

Base Rent
$1,443 - $6,361
Required Monthly Fees
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Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Now

Diamond Mesa

2300 Diamond Mesa Trl SWAlbuquerque, NM 87121
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Encanto at Mesa Del Sol
Rent Specials
$1,630 - $2,274
Total Monthly Price

Total Monthly Price

Base Rent
$1,436 - $2,080
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Encanto at Mesa Del Sol

2500 Bobby Foster Rd SEAlbuquerque, NM 87106
Furnished
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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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Canon de Arrowhead
1 to 3 Bedroom Apartments

Canon de Arrowhead

1700 Market St NWAlbuquerque, NM 87120
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University Village
Studio Apartments

University Village

1901 University Blvd SEAlbuquerque, NM 87106
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Tierra Pointe
Studio to 3 Bedroom Apartments

Tierra Pointe

6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
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Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
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Route 66 Headquarters
Studio to 1 Bedroom Apartments

Route 66 Headquarters

9317 Central Ave NWAlbuquerque, NM 87121
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El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
  • Utilities Included

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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Volcanes Commons
1 to 3 Bedroom Apartments

Volcanes Commons

6901 Glenrio Rd NWAlbuquerque, NM 87121
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Ceja Vista Senior 55+
1 to 2 Bedroom Apartments

Ceja Vista Senior 55+

10001 Ceja Vista Rd SWAlbuquerque, NM 87121
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1206 Cuba Rd
1 Bedroom Apartments

1206 Cuba Rd

1206 Cuba RdSocorro, NM 87801
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Phoenix Apartments
1 to 3 Bedroom Apartments

Phoenix Apartments

1720 Atrisco Dr NWAlbuquerque, NM 87105
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Paseo del Rio II
1 to 3 Bedroom Apartments

Paseo del Rio II

501 Poco Loco Dr SWAlbuquerque, NM 87105
Corporate Housing
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Aragon, NM Local Guide

Cheapest Available Aragon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Aragon, NM is a 1 Bed unit found at Diamond Elite Luxury Townhomes in the Southwest Quadrant neighborhood priced from $599. Villa De San Felipe in the Hunning Highland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here is today’s list of the most affordable Aragon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Diamond Elite Luxury TownhomesStudio/1 Bath1BR,1BA$599
Villa De San Felipe1x1D1BR,1BA$784
Tierra PointeS1Studio,1BA$831
Silver Moon LodgeStudioStudio,1BA$897
Alvarado ApartmentsAStudio,1BA$949
Morgan St4781BR,1BA$950
Roundhouse ResortOak - Lodge StandardStudio,1BA$950
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
505 Central LoftsStudioStudio,1BA$1,000
Mehran Lofts1BR/1.0BA1BR,1BA$1,025

Best Value Apartments for Rent in Aragon, NM and Nearby

As of April 07, 2026 the best value apartment in the Aragon area is the $1.28 price per square foot Three Bedroom Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,600. The second greatest value Aragon apartment is the Three Bedroom Model at Mountain Park Townhomes starting at $1,800 with a $1.52 price per square foot . Here is today’s list of the best values for Aragon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Taylor Ridge ApartmentsThree Bedroom3BR,2BA$1.28
Mountain Park TownhomesThree Bedroom3BR,2BA$1.52
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Mesa Ridge ApartmentsThe Manzano2BR,2BA$1.41
Villa HermosaThe Pueblo2BR,1BA$1.19
Marquee Village ApartmentsKaloDuo2BR,1BA$1.47
Silver Gardens ApartmentsTwo Bedroom, Two Bath (60%) - $200 Special2BR,2BA$1.44
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1.48
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Morgan St4781BR,1BA$1.58

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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

Explore Aragon, NM Rentals by Map

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See the most popular apartments and homes in Aragon, NM

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Frequently Asked Questions about Cheap Aragon Apartments

What is the Cheapest Studio apartment in Aragon?

Currently the most affordable Cheap Studio Apartment in Aragon is at Diamond Elite Luxury Townhomes listed at $599.

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

The lowest price for a Cheap One Bedroom Aragon Apartment is $599 at Diamond Elite Luxury Townhomes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Aragon is starting from $1,050 at Villa Hermosa.

What is the most affordable Aragon Three Bedroom Apartment?

The best deal on a cheap Aragon Three Bedroom Apartment rental is at Canon de Arrowhead and starts from $1,331.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.