Cheap Apartments for Rent in Caballo, NM from $600 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in Caballo.

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating 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.

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Showing Results 1-22, Page 1 of 1

Caballo, NM Local Guide

Cheapest Available Caballo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Caballo, NM is a 1 Bed unit found at Presidio Apartments in the Downtown Las Cruces neighborhood priced from $700. Mountain Springs Pointe in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Caballo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Presidio Apartments1 Bedroom1BR,1BA$700
Mountain Springs Pointe1 Bedroom1BR,1BA$700
1655 S MainContemporary1BR,1BA$795
Sun Ridge Village1 Bedroom - Small1BR,1BA$800
OMNI-Centre SquareOne Bedroom1BR,1BA$825

Best Value Apartments for Rent in Caballo, NM and Nearby

As of May 29, 2025 the best value apartment in the Caballo area is the $1.37 price per square foot The Campania Model at Tuscany Villa and Estates in the in the Downtown Las Cruces neighborhood starting from $1,680. The second greatest value Caballo apartment is the 2 bedroom 1 bath - Colony Garden Model at Colony Mesa Apartments starting at $875 with a $0.81 price per square foot in the Downtown Las Cruces neighborhood. Here is today’s list of the best values for Caballo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tuscany Villa and EstatesThe Campania2BR,2BA$1.37
Colony Mesa Apartments2 bedroom 1 bath - Colony Garden2BR,1BA$0.81
Pavilions At UniversityPistol Pete2BR,1BA$1.05
Casa BanderaB12BR,2BA$1.33
Woodcrest Apartments2 Bedroom2BR,2BA$1.12
The Pavilions at South ForkThe Venetian1BR,1BA$1.30
700 California Ave2 Bedroom2BR,1BA$1.17
Verge at Las Cruces - Historical Access2BR/2BA2BR,2BA$0.88
Telshor Terrace Apartments1X11BR,1BA$1.35
Presidio Apartments1 Bedroom1BR,1BA$1.27

Quick Rent Budget Calculator

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

Explore Caballo, NM Rentals by Map

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See the most popular apartments and homes in Caballo, NM

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Getting Around Caballo, NM

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Caballo Apartments

How much is rent for a Cheap One Bedroom Caballo Apartment?

The lowest price for a Cheap One Bedroom Caballo Apartment is $700 at Presidio Apartments.

What is the lowest price for a Cheap Two Bedroom Caballo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Caballo is starting from $875 at Colony Mesa Apartments.

What is the most affordable Caballo Three Bedroom Apartment?

The best deal on a cheap Caballo Three Bedroom Apartment rental is at Park Place and starts from $1,450.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.