Cheap Homes for Rent in Capitan, NM from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Capitan.

1605 N Delaware Ave

1000 W Summit St

3 Hillcrest St

90 W Texas St

Conveniently located 3 Bedroom, 1 bath home
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.

25972 US-70

613 S Hemlock Ave

1100 Chautauqua

Spacious 4 Bedroom Home with Workshop

3 Bedroom 2 Bath Conveniently Located House!

1206 Bellamah Dr
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 a home in Capitan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitan 2 Bedroom Homes for Rent | $1,350 | $1,000 | $1,800 |
| Capitan 3 Bedroom Homes for Rent | $1,823 | $1,150 | $2,900 |
| Capitan 4 Bedroom Homes for Rent | $2,093 | $1,500 | $2,500 |
| Capitan 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Capitan
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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 $517. Sierra Vista Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. 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 | $517 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
| Saddlecreek Apartments | Juniper | 1BR,1BA | $759 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $773 |
Best Value Apartments for Rent in Capitan, NM and Nearby
As of December 31, 2025 the best value apartment in the Capitan area is the $1.54 price per square foot Three Bedroom Model at McGuffey Vistas in the starting from $1,950. The second greatest value Capitan apartment is the 3 Bed, 1.5 Bath Model at Villas of Briar Ridge starting at $1,349 with a $1.13 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. |
|---|---|---|---|
| McGuffey Vistas | Three Bedroom | 3BR,2BA | $1.54 |
| Villas of Briar Ridge | 3 Bed, 1.5 Bath | 3BR,1.5BA | $1.13 |
| Tia Maria | Two Bedroom | 2BR,1BA | $1.22 |
| 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 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $1.09 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.88 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
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 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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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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.
Best Local Schools in Capitan, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Capitan, NM
Frequently Asked Questions about Capitan
What type of rentals are currently available in Capitan?
There are currently 38 Apartments for Rent in Capitan, NM with pricing that ranges from $548 to $2,818. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capitan ranging from $1,000 to $2,900.
What is the current price range for Rental Homes in Capitan?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Capitan ranges from $1,000 to $2,900 with an average monthly rent of $1,873.
How much are larger Three and Four Bedroom Rentals in Capitan?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Capitan range from $707 to $2,818, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,359.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!
