
Cheap Apartments for Rent in Caballo, NM from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Caballo.


Mira Vista Villas Senior Living

Presidio Apartments

Vista Montana

Los Altos Apartments

Casitas at 805 N 17Th St.

Mountain Springs Pointe

340 Las Cruces
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1655 S Main

OMNI-Centre Square

Colony Mesa Apartments

Sierra Verde

The Miranda

Alta Tierra

Woodcrest Apartments

Sun Ridge Village
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Telshor Terrace Apartments

Country Crest Apartment Homes

Santa Teresa Terrace

Park Place

700 California Ave

Quail Ridge Apartments

Alexis Apartments

Regency Pointe Apartments
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Caballo, NM Local Guide

How much does it cost to rent an apartment in Caballo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Caballo Studio Apartments | $700 | $650 | $750 |
| Caballo 1 Bedroom Apartments | $1,183 | $357 | $1,950 |
| Caballo 2 Bedroom Apartments | $1,438 | $426 | $2,550 |
| Caballo 3 Bedroom Apartments | $1,646 | $487 | $3,000 |
| Caballo 4 Bedroom Apartments | $915 | $915 | $915 |
Browse Top Apartments in Caballo
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Caballo, NM Local Guide
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Cheapest Available Caballo Apartments for Rent and Nearby
 The cheapest available apartment rental in Caballo, NM is a 1 Bed unit found at Mira Vista Villas Senior Living in the Downtown Las Cruces neighborhood priced from $474. Casitas at 805 N 17Th St. in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Caballo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mira Vista Villas Senior Living | One Bedroom/1 Bath | 1BR,1BA | $474 |
| Casitas at 805 N 17Th St. | Studio | Studio,1BA | $750 |
| Mountain Springs Pointe | 1 Bedroom | 1BR,1BA | $750 |
| 340 Las Cruces | Peaceful courtyard | 1BR,1BA | $765 |
| 1655 S Main | Contemporary | 1BR,1BA | $795 |
Best Value Apartments for Rent in Caballo, NM and Nearby
As of January 12, 2026 the best value apartment in the Caballo area is the $0.81 price per square foot Three Bedrooms Model at Vista Montana in the in the Downtown Las Cruces neighborhood starting from $829. The second greatest value Caballo apartment is the Aggie Model at Pavilions At University starting at $1,275 with a $1.28 price per square foot . Here is today’s list of the best values for Caballo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Vista Montana | Three Bedrooms | 3BR,2BA | $0.81 |
| Pavilions At University | Aggie | 2BR,2BA | $1.28 |
| Wyndchase Apartments | 2bed 2bath | 2BR,2BA | $1.16 |
| Country Crest Apartment Homes | 2 bed 2 bath- W/D and refrigerated air | 2BR,2BA | $1.17 |
| Sierra Verde | La Hacienda | 2BR,1.5BA | $1.12 |
| 700 California Ave | 2 Bedroom | 2BR,1BA | $1.17 |
| Alta Tierra | 2 Bedrooms | 2BR,1BA | $1.14 |
| Woodcrest Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
| Mira Vista Villas Senior Living | One Bedroom/1 Bath | 1BR,1BA | $0.78 |
| 340 Las Cruces | Peaceful courtyard | 1BR,1BA | $1.29 |
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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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Caballo, NM Rentals by Map
See the most popular apartments and homes in Caballo, NM
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 $474 at Mira Vista Villas Senior Living.
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 $885 at OMNI-Centre Square.
What is the most affordable Caballo Three Bedroom Apartment?
The best deal on a cheap Caballo Three Bedroom Apartment rental is at Vista Montana and starts from $829.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!