
Cheap Apartments for Rent in Belen, NM from $400 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Belen.


Churchside Apartments

Belen Crossing Apartments

530 Gabaldon Rd, Unit B, Unit B

1111 Camino Del Llano

Generations at West Mesa

Home @ Valencia

Diamond Elite Luxury Townhomes

The Loop @950

White Oak Apartments
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.

Bluewater Village

Millennium Flats

Villa De San Felipe

The Portals Apartments

La Vida Nueva

Total Monthly Price
El Pueblo - Ultimate Urban Living

The Beach

Las Brisas

Pine St Studios

Silver Gardens Apartments
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.

Silver Moon Lodge

Updated Studio, one bedroom and two bedroom units

The Lanai Apartments

Total Monthly Price
The French Quarter

Villa Apartments

Somerset Park

Zocalo Lofts

CRESTWOOD APARTMENTS

Alvarado Apartments

1201 Palomas
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Total Monthly Price
Nine-O-Nine Apartments

Taylor Ridge Apartments

505 Central Lofts

Total Monthly Price
Diamond Mesa

Total Monthly Price
Encanto at Mesa Del Sol

One Central

545 Cedar St SE

543 Cedar St SE

Marbella-Income Restricted Waitlist

The Valencia
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.

University Village

Spacious 2 Bedroom Apartment with Private Patio

Adobe Manor Apartments

Route 66 Headquarters

Don Quixote Apartments

El Campo Apartments

FREE UTILITIES!! GREAT VIBES!!

Tierra Pointe

Madeira Court

Ceja Vista Senior 55+
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.
Belen, NM Local Guide

How much does it cost to rent an apartment in Belen?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Belen Studio Apartments | $866 | $645 | $1,800 |
| Belen 1 Bedroom Apartments | $1,092 | $439 | $1,693 |
| Belen 2 Bedroom Apartments | $1,474 | $895 | $2,795 |
| Belen 3 Bedroom Apartments | $2,082 | $1,150 | $2,500 |
| Belen 4 Bedroom Apartments | $2,300 | $1,300 | $2,800 |
Browse Top Apartments in Belen
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Belen, NM Local Guide
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Cheapest Available Belen Apartments for Rent and Nearby
 The cheapest available apartment rental in Belen, NM is a Studio unit found at The Loop @950 in the South San Pedro neighborhood priced from $645. Home @ Valencia in the South San Pedro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Belen apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Loop @950 | 0x1 - 280 | Studio,1BA | $645 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $695 |
| Diamond Elite Luxury Townhomes | Studio/1 Bath | Studio,1BA | $699 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Millennium Flats | Unit Type A | Studio,1BA | $790 |
| Villa De San Felipe | 0x1C | Studio,1BA | $799 |
| La Vida Nueva | Studios | Studio,1BA | $800 |
| The Portals Apartments | A1 | 1BR,1BA | $800 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $829 |
| El Pueblo - Ultimate Urban Living | Studio | Studio,1BA | $840 |
Best Value Apartments for Rent in Belen, NM and Nearby
As of May 21, 2026 the best value apartment in the Belen 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 Belen apartment is the Two Bedroom One Bathroom 768 Sq Ft Model at Generations at West Mesa starting at $1,050 with a $1.37 price per square foot in the Ironhorse at El Rancho Grande neighborhood. Here is today’s list of the best values for Belen apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| The Portals Apartments | A1 | 1BR,1BA | $1.14 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Updated Studio, one bedroom and two bedroom units | 1BD | 1BR,1BA | $1.38 |
| The Lanai Apartments | 3rd Floor 1be/1bath | 1BR,1BA | $1.38 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| Pine St Studios | Unit 08 | 1BR,1BA | $1.31 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $1.26 |
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.
Best Local Schools in Belen, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Belen, NM Rentals by Map
See the most popular apartments and homes in Belen, NM
Frequently Asked Questions about Cheap Belen Apartments
What is the Cheapest Studio apartment in Belen?
Currently the most affordable Cheap Studio Apartment in Belen is at The Loop @950 listed at $645.
How much is rent for a Cheap One Bedroom Belen Apartment?
The lowest price for a Cheap One Bedroom Belen Apartment is $695 at Home @ Valencia.
What is the lowest price for a Cheap Two Bedroom Belen Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Belen is starting from $915 at Tierra Pointe.
What is the most affordable Belen Three Bedroom Apartment?
The best deal on a cheap Belen Three Bedroom Apartment rental is at Tierra Pointe and starts from $1,402.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.