
Cheap Apartments for Rent in Bluewater, NM from $700 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Bluewater.


The Beach

Tierra Linda Apartments

Villa Hermosa

Mesa Ridge Apartments

Total Monthly Price
Taylor Ranch

Puerta Del Sol

Del Rio 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.

City View

Total Monthly Price
Aydan

Total Monthly Price
Stride West

Eagle Ranch Apartments

Total Monthly Price
The Aubry

Total Monthly Price
Entrada Pointe

Total Monthly Price
Circ

Resort at Sandia Village
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.

Villas @ Rio

Total Monthly Price
Cantata at the Trails

Via Vista Apartment Community

The Dillon Luxury Apartments

The Eleanor at Rio Rancho

Total Monthly Price
Diamond Mesa

Wintergreen Apartments

Total Monthly Price
Overture Andalucia 55+ Active Adult Apartment Homes
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.

Andalucia Villas

Canon de Arrowhead

Marbella-Income Restricted Waitlist

Adobe Manor Apartments

Route 66 Headquarters

El Campo Apartments

Volcanes Commons

Tierra Pointe
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.

Ceja Vista Senior 55+

Welcome Home To Rio Volcan!

Generations at West Mesa

Phoenix Apartments

4301 Riley Rd SW

1841 Blackberry Rd NE

1008 Harrison Dr NE

1825 Peach Rd NE
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.

21 Corsica Dr SE

3146 Chama Meadows Dr NE

874 Baltic Ave SE

2125 Sierra Ln NE
Bluewater, NM Local Guide

How much does it cost to rent an apartment in Bluewater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bluewater Studio Apartments | $1,401 | $840 | $1,967 |
| Bluewater 1 Bedroom Apartments | $1,472 | $785 | $2,079 |
| Bluewater 2 Bedroom Apartments | $1,806 | $895 | $3,523 |
| Bluewater 3 Bedroom Apartments | $2,418 | $1,150 | $3,930 |
| Bluewater 4 Bedroom Apartments | $3,174 | $1,300 | $3,763 |
Browse Top Apartments in Bluewater
See all Apartments in BluewaterExplore Bluewater
Bluewater, NM Local Guide
- Nearby Cities
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Cheapest Available Bluewater Apartments for Rent and Nearby
 The cheapest available apartment rental in Bluewater, NM is a Studio unit found at Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood priced from $905. Welcome Home To Rio Volcan! in the Rancho Encantado neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $964. Here is today’s list of the most affordable Bluewater apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | S1 | Studio,1BA | $905 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Tierra Linda Apartments | A1 | 1BR,1BA | $994 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,008 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,050 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
| Mesa Ridge Apartments | The Rose | 1BR,1BA | $1,169 |
| Taylor Ranch | Birch | 1BR,1BA | $1,189 |
| Puerta Del Sol | The Barcelona | 1BR,1BA | $1,249 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,254 |
Best Value Apartments for Rent in Bluewater, NM and Nearby
As of June 23, 2026 the best value apartment in the Bluewater area is the $1.65 price per square foot Jade 2-Car Garage Attached Model at Via Verde in the in the Paradise Hills neighborhood starting from $2,160. The second greatest value Bluewater apartment is the Ballard Model at Circ starting at $1,901 with a $1.59 price per square foot in the Sunrise Village at Northern Meadows neighborhood. Here is today’s list of the best values for Bluewater apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Via Verde | Jade 2-Car Garage Attached | 2BR,2.5BA | $1.65 |
| Circ | Ballard | 3BR,2BA | $1.59 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.21 |
| The Aubry | A7 | 1BR,1BA | $1.59 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Eagle Ranch Apartments | Latigo | 1BR,1BA | $1.72 |
| Tierra Linda Apartments | A1 | 1BR,1BA | $1.36 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1.67 |
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 Bluewater, NM Rentals by Map
See the most popular apartments and homes in Bluewater, NM
Frequently Asked Questions about Cheap Bluewater Apartments
How much is rent for a Cheap One Bedroom Bluewater Apartment?
The lowest price for a Cheap One Bedroom Bluewater Apartment is $964 at Welcome Home To Rio Volcan!.
What is the lowest price for a Cheap Two Bedroom Bluewater Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bluewater is starting from $1,008 at Villa Hermosa.
What is the most affordable Bluewater Three Bedroom Apartment?
The best deal on a cheap Bluewater 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

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.

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.