21 Corsica Dr SE
Rio RanchoNM87124
Cheap Homes for Rent in Bluewater, NM from $1,600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Bluewater.
10649 Microlith Rd SW
AlbuquerqueNM87121
3441 Martin Meadows Dr NE
Rio RanchoNM87144
480 Cimarron Meadows Ct
Rio RanchoNM87144
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.
629 Santa Fe Meadows Dr NE
Rio RanchoNM87144
874 Baltic Ave SE
Rio RanchoNM87124
10804 Four Mile Rd SW
AlbuquerqueNM87121
7605 Kentwood Ave NW
AlbuquerqueNM87114
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.
933 Northern Blvd NE
Rio RanchoNM87124
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Bluewater, NM Local Guide
Bluewater Lake State Park by wagon16 is licensed under CCO 1.0
How much does it cost to rent a home in Bluewater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bluewater 2 Bedroom Homes for Rent | $1,773 | $1,650 | $2,000 |
| Bluewater 3 Bedroom Homes for Rent | $2,129 | $1,650 | $2,800 |
| Bluewater 4 Bedroom Homes for Rent | $2,549 | $2,250 | $3,000 |
| Bluewater 5 Bedroom Homes for Rent | $2,381 | $2,250 | $2,500 |
Browse Top Homes for Rent in Bluewater
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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 1 Bed unit found at Generations at West Mesa in the Ironhorse at El Rancho Grande neighborhood priced from $439. Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $837. Here is today’s list of the most affordable Bluewater apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Generations at West Mesa | One Bedroom 584 Sq Ft | 1BR,1BA | $439 |
| Tierra Pointe | A1 | 1BR,1BA | $837 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
Best Value Apartments for Rent in Bluewater, NM and Nearby
As of May 31, 2026 the best value apartment in the Bluewater area is the $1.49 price per square foot Cordoba 1UVF Model at Andalucia Villas in the in the Northwest Quadrant neighborhood starting from $2,265. The second greatest value Bluewater apartment is the Verdant Model at Via Verde starting at $2,235 with a $1.67 price per square foot in the Paradise Hills 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. |
|---|---|---|---|
| Andalucia Villas | Cordoba 1UVF | 3BR,2BA | $1.49 |
| Via Verde | Verdant | 2BR,2.5BA | $1.67 |
| Circ | Ballard | 3BR,2BA | $1.64 |
| Via Vista Apartment Community | Jade Reno | 3BR,2BA | $1.67 |
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.76 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1.26 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.72 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
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 Article
Real 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.
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Explore Bluewater, NM Rentals by Map
See the most popular apartments and homes in Bluewater, NM
Frequently Asked Questions about Bluewater
What type of rentals are currently available in Bluewater?
There are currently 40 Apartments for Rent in Bluewater, NM with pricing that ranges from $439 to $3,930. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bluewater ranging from $1,650 to $3,000.
What is the current price range for Rental Homes in Bluewater?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Bluewater ranges from $1,650 to $3,000 with an average monthly rent of $2,208.
How much are larger Three and Four Bedroom Rentals in Bluewater?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Bluewater range from $1,150 to $3,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,250 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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
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.