
Cheap Apartments for Rent in Capitan, NM from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Capitan.


311 Mechem Dr

Los Arcos and Starlight Court

Saddlecreek Apartments

Christa Lee Manor Apartments
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.

Pueblo Chamisa

1011-1013 W 3rd St

Mesa Verde - FREE Utilities
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.
Capitan, NM Local Guide

How much does it cost to rent an apartment in Capitan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitan Studio Apartments | $760 | $680 | $1,100 |
| Capitan 1 Bedroom Apartments | $1,013 | $548 | $1,425 |
| Capitan 2 Bedroom Apartments | $1,306 | $500 | $2,240 |
| Capitan 3 Bedroom Apartments | $1,735 | $574 | $3,703 |
Browse Top Apartments in Capitan
See all Apartments in CapitanExplore Capitan
Capitan, NM Local Guide
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Cheapest Available Capitan Apartments for Rent and Nearby
 The cheapest available apartment rental in Capitan, NM is a 1 Bed unit found at Roselawn Manor priced from $422. 311 Mechem Dr has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Capitan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Roselawn Manor | One Bedroom | 1BR,1BA | $422 |
| 311 Mechem Dr | Studio | Studio,1BA | $550 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $650 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $773 |
Best Value Apartments for Rent in Capitan, NM and Nearby
As of November 06, 2025 the best value apartment in the Capitan area is the $1.14 price per square foot 3 Bed, 1.5 Bath Model at Villas of Briar Ridge in the starting from $1,363. The second greatest value Capitan apartment is the 3 BR Model at 311 Mechem Dr starting at $1,300 with a $1.30 price per square foot . Here is today’s list of the best values for Capitan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas of Briar Ridge | 3 Bed, 1.5 Bath | 3BR,1.5BA | $1.14 |
| 311 Mechem Dr | 3 BR | 3BR,2BA | $1.30 |
| Tia Maria | Two Bedroom | 2BR,1BA | $1.22 |
| Saddlecreek Apartments | Palmetto | 2BR,2BA | $1.05 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Vista del Sol | One Bedroom | 1BR,1BA | $1.53 |
| Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.72 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Capitan, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Capitan, NM
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
29 / 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 Capitan Apartments
What is the Cheapest Studio apartment in Capitan?
Currently the most affordable Cheap Studio Apartment in Capitan is at 311 Mechem Dr listed at $550.
How much is rent for a Cheap One Bedroom Capitan Apartment?
The lowest price for a Cheap One Bedroom Capitan Apartment is $422 at Roselawn Manor.
What is the lowest price for a Cheap Two Bedroom Capitan Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Capitan is starting from $500 at Roselawn Manor.
What is the most affordable Capitan Three Bedroom Apartment?
The best deal on a cheap Capitan Three Bedroom Apartment rental is at Mesa Verde - FREE Utilities and starts from $1,073.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.


