Cheap Apartments for Rent near Caprock, NM from $463 (38 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Parkside Terrace
1 to 3 Bedroom Apartments

Parkside Terrace

300 E White StHobbs, NM 88240
  • Utilities Included
close
View Me
Sierra Vista Village
1 to 4 Bedroom Apartments

Sierra Vista Village

28 W Martin StRoswell, NM 88203
Student Housing
  • Utilities Included
close
View Me
Pueblo Chamisa
1 to 3 Bedroom Apartments

Pueblo Chamisa

1800 S Pennsylvania AveRoswell, NM 88203
Corporate Housing
  • Utilities Included
close
View Me
Park Place
1 to 3 Bedroom Apartments

Park Place

920 E Michigan AveHobbs, NM 88240
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
708 W 13th St
1 Bedroom Apartments

708 W 13th St

708 W 13th StRoswell, NM 88201
Corporate Housing
  • Smoke Free
close
View Me
101 N 25th St
1 to 2 Bedroom Apartments

101 N 25th St

101 N 25th StArtesia, NM 88210
  • Utilities Included

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.

Read Article
Showing Results 1-38, Page 1 of 1

Caprock, NM Local Guide

Cheapest Available Caprock Apartments for Rent and Nearby

 

The cheapest available apartment rental in Caprock, NM is a 1 Bed unit found at Hotel Clovis Lofts priced from $463. Andalusia Aprtments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $463. Here is today’s list of the most affordable Caprock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hotel Clovis Lofts1 Bedroom1BR, 1BA$463
Andalusia Aprtments1 Bedroom1BR, 1BA$463
Roselawn ManorOne Bedroom1BR, 1BA$517
La Pradera1 Bedroom1BR, 1BA$519
Wilshire Gardens 55+2 BR2BR, 1BA$676
Saddlecreek ApartmentsAspenStudio, 1BA$680
Mirador Apartments1 BEDROOM1BR, 1BA$700
Sierra Vista Village2B/1B SS2BR, 1BA$700
Playa Escondida3 Bedrooms3BR, 2BA$709
1103 N Washington Ave1 bed 1 bath1BR, 1BA$750

Best Value Apartments for Rent in Caprock, NM and Nearby

As of September 23, 2026 the best value apartment in the Caprock area is the $1.22 price per square foot Unfurnished Model at Summerwind Terrace Townhomes starting from $1,345. The second greatest value Caprock apartment is the 3 Bedrooms Model at Hotel Clovis Lofts starting at $844 with a $0.84 price per square foot. Here is today’s list of the best values for Caprock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerwind Terrace TownhomesUnfurnished2BR, 1.5BA$1.22
Hotel Clovis Lofts3 Bedrooms3BR, 2BA$0.84
La Pradera2 Bedrooms2BR, 1BA$0.68
Wilshire Gardens 55+2 BR2BR, 1BA$0.77
Andalusia Aprtments2 Bedrooms2BR, 1BA$0.84
Christa Lee Manor ApartmentsTwo Bedroom Large2BR, 1BA$0.94
1103 N Washington Ave1 bed 1 bath1BR, 1BA$1.00
Mirador Apartments1 BEDROOM1BR, 1BA$1.09
Sierra Vista Village2B/1B1BR, 1BA$1.17
Roselawn ManorOne Bedroom1BR, 1BA$0.88

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
Decorative image

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.

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Caprock, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in Caprock, NM

View Map
Caprock, NM Apartments Map
View Map
Caprock, NM Rental Homes Map

Frequently Asked Questions about Cheap Caprock Apartments

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

The lowest price for a Cheap One Bedroom Caprock Apartment is $463 at Hotel Clovis Lofts.

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

Today's best deal for a Cheap Two Bedroom Apartment in Caprock is starting from $563 at Hotel Clovis Lofts.

What is the most affordable Caprock Three Bedroom Apartment?

The best deal on a cheap Caprock Three Bedroom Apartment rental is at Andalusia Aprtments and starts from $653.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.