
Cheap Apartments for Rent near Bluewater, NM from $885 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Bluewater.


The Beach

Villa Hermosa

Mesa Ridge Apartments

Total Monthly Price
Tierra Linda

Puerta Del Sol

Total Monthly Price
Aydan

Total Monthly Price
Taylor Ranch

Total Monthly Price
Entrada Pointe

Total Monthly Price
Stride West
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Del Rio Apartments

Eagle Ranch Apartments

Total Monthly Price
Circ

Total Monthly Price
The Aubry

Resort at Sandia Village

Villas @ Rio

Total Monthly Price
Diamond Mesa

Q @ Bosque Trail

The Dillon Luxury Apartments

Wintergreen Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Via Vista Apartment Community

Total Monthly Price
Cantata at the Trails

Andalucia Villas

Affinity at Albuquerque 55+

Total Monthly Price
Overture Andalucia 55+ Active Adult Apartment Homes

The Eleanor at Rio Rancho

Canon de Arrowhead

Marbella-Income Restricted Waitlist

Adobe Manor Apartments

Route 66 Headquarters
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.

Tierra Pointe

El Campo Apartments

Volcanes Commons

Ceja Vista Senior 55+

Welcome Home To Rio Volcan!

Generations at West Mesa

Phoenix Apartments

7704 Woodstar Ave NW

708 Shire St SW

9623 Gemstone Rd SW
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.

6900 Brindisi Pl NW

3473 Martin Meadows Dr NE

7872 Latir Mesa Rd NW

400 6th St NE

6827 Brindisi Pl NW

3401 Misty Meadows Dr NE

8323 Groundsel Rd NW

7412 Carbondale Ct NW

10408 Toscana St NW

280 Prism Ave SW
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.
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 | $1,370 | $940 | $1,967 |
| Bluewater 1 Bedroom Apartments | $1,499 | $885 | $2,238 |
| Bluewater 2 Bedroom Apartments | $1,791 | $995 | $3,546 |
| Bluewater 3 Bedroom Apartments | $2,298 | $1,250 | $3,930 |
| Bluewater 4 Bedroom Apartments | $3,215 | $1,400 | $3,921 |
Browse Top Apartments in Bluewater
See all Apartments in BluewaterExplore Bluewater
Bluewater, NM Local Guide
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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 $871. 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 | $871 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR, 1BA | $964 |
| 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 |
| Aydan | Pinon Renovated | 1BR, 1BA | $1,168 |
| Taylor Ranch | Birch (ADA) | 1BR, 1BA | $1,189 |
| Stride West | a10a | 1BR, 1BA | $1,236 |
| Del Rio Apartments | Aspen | 1BR, 1BA | $1,249 |
| Puerta Del Sol | The Barcelona | 1BR, 1BA | $1,249 |
Best Value Apartments for Rent in Bluewater, NM and Nearby
As of September 24, 2026 the best value apartment in the Bluewater area is the $1.72 price per square foot Baeze 1UV Model at Andalucia Villas in the Northwest Quadrant neighborhood starting from $2,019. The second greatest value Bluewater apartment is the Jade Model at Via Vista Apartment Community in the Sunrise Village at Northern Meadows neighborhood starting at $1,976 with a $1.73 price per square foot. 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. |
|---|---|---|---|
| Andalucia Villas | Baeze 1UV | 2BR, 2BA | $1.72 |
| Via Vista Apartment Community | Jade | 3BR, 2BA | $1.73 |
| Villas @ Rio | 2BR/2.0BA | 2BR, 2BA | $1.73 |
| Resort at Sandia Village | 2 bed 2 bath | 2BR, 2BA | $1.69 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR, 2BA | $1.25 |
| Tierra Linda | B1 | 2BR, 2BA | $1.41 |
| Circ | Madison | 1BR, 1BA | $1.71 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR, 1BA | $1.37 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR, 1BA | $1.38 |
| Villa Hermosa | The Aztec | 1BR, 1BA | $1.52 |
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 ArticleNavigating 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.
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 $942 at Tierra Pointe.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.