812 Badger St
HopeNM88250
Cheap Homes for Rent in Capitan, NM from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Capitan.
1815 N Union Ave
RoswellNM88201
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.
1905 E 12th St
AlamogordoNM88310
602 N Ohio Ave
RoswellNM88201
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.
530 Gabaldon Rd, Unit B
530 Gabaldon Rd
BelenNM87002
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Capitan, NM Local Guide
Capitan Mountains from Sierra Blanca by uıɐɾ ʞ ʇɐɯɐs is licensed under CC BY 2.0
How much does it cost to rent a home in Capitan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitan 2 Bedroom Homes for Rent | $1,217 | $675 | $1,800 |
| Capitan 3 Bedroom Homes for Rent | $1,668 | $1,150 | $2,250 |
| Capitan 4 Bedroom Homes for Rent | $2,566 | $2,200 | $3,000 |
| Capitan 5 Bedroom Homes for Rent | $3,825 | $2,650 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 Azotea Apartments 62+ priced from $544. Cottonwood Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $554. Here is today’s list of the most affordable Capitan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $544 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $554 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $676 |
Best Value Apartments for Rent in Capitan, NM and Nearby
As of June 08, 2026 the best value apartment in the Capitan area is the $1.39 price per square foot Two Bedroom Model at Tia Maria in the starting from $1,250. The second greatest value Capitan apartment is the 2 BR Model at Wilshire Gardens 55+ starting at $676 with a $0.77 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. |
|---|---|---|---|
| Tia Maria | Two Bedroom | 2BR,1BA | $1.39 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $0.77 |
| Mesa Verde - FREE Utilities | Two Bedroom | 2BR,1BA | $1.22 |
| La Tierra 55+ | 2 Bedrooms | 2BR,1BA | $1.16 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $0.73 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $1.01 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $1.09 |
| Peachtree Canyon Apartments | 1 Bedroom | 1BR,1BA | $1.29 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
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.
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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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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 41 Apartments for Rent in Capitan, NM with pricing that ranges from $411 to $3,433. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capitan ranging from $675 to $5,000.
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 $675 to $5,000 with an average monthly rent of $2,065.
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 $621 to $3,433, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,250. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,506.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
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.