Cheap Homes for Rent in Belen, NM from $700 (11 Rentals)

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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.

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.

Belen, NM Local Guide

Cheapest Available Belen Apartments for Rent and Nearby

 

The cheapest available apartment rental in Belen, NM is a 1 Bed unit found at Diamond Elite Luxury Townhomes in the Southwest Quadrant neighborhood priced from $599. The Loop @950 in the South San Pedro neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Belen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Diamond Elite Luxury TownhomesStudio/1 Bath1BR,1BA$599
The Loop @9500x1 - 280Studio,1BA$645
White Oak Apartments1x11BR,1BA$716
Brandywood Park ApartmentsSailor Exterior UnitsStudio,1BA$720
Villa De San Felipe1x1D1BR,1BA$784

Best Value Apartments for Rent in Belen, NM and Nearby

As of April 10, 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 2bd/1ba Model at Home @ Valencia starting at $995 with a $1.10 price per square foot in the South San Pedro neighborhood. Here is today’s list of the best values for Belen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Taylor Ridge ApartmentsThree Bedroom3BR,2BA$1.28
Home @ Valencia2bd/1ba2BR,1BA$1.10
Silver Gardens ApartmentsTwo Bedroom, Two Bath (60%) - $200 Special2BR,2BA$1.44
Villa Apartments1 Bed 1 Bath1BR,1BA$1.37
White Oak Apartments1x11BR,1BA$1.03
Vail Manor Apartments1BD1BR,1BA$1.38
509 Girard Terrace1 bedroom 1 bathroom1BR,1BA$1.28
The Lanai Apartments3rd Floor 1be/1bath1BR,1BA$1.38
The French QuarterRenovated 1 x1 630 sqft. Going Quick, call to S...1BR,1BA$1.45
Las Brisas1 Bed, 1 Bath A (60% Income Restricted)1BR,1BA$1.37

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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

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Frequently Asked Questions about Belen

What type of rentals are currently available in Belen?

There are currently 70 Apartments for Rent in Belen, NM with pricing that ranges from $500 to $2,811. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Belen ranging from $750 to $5,000.

What is the current price range for Rental Homes in Belen?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Belen ranges from $750 to $5,000 with an average monthly rent of $1,848.

How much are larger Three and Four Bedroom Rentals in Belen?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Belen range from $1,150 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $1,300.

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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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.

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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.

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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.