Cheap Homes for Rent in Carlsbad, NM from $900 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in Carlsbad.

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.

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.

Carlsbad, NM Local Guide

Cheapest Available Carlsbad Apartments for Rent

 

The cheapest available apartment rental in Carlsbad, 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 Carlsbad apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roselawn ManorOne Bedroom1BR,1BA$517
Sierra Vista Village2B/1B SS2BR,1BA$700
Jefferson House ApartmentsOne Bedroom One Bath1BR,1BA$870

Best Value Apartments for Rent in Carlsbad, NM

As of July 24, 2026 the best value apartment in the Carlsbad area is the $1.22 price per square foot Unfurnished Model at Summerwind Terrace Townhomes in the starting from $1,345. The second greatest value Carlsbad apartment is the B1 Model at Riverwood starting at $1,400 with a $1.47 price per square foot . Here is today’s list of the best values for Carlsbad apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.22
RiverwoodB12BR,1.5BA$1.47
Lovington TrailsOne Bedroom1BR,1BA$1.30
Tia MariaTwo Bedroom2BR,1BA$1.39
Woodleaf - FREE UtilitiesTwo Bedroom2BR,1BA$1.52
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Yucca Flats ApartmentsOne Bedroom1BR,1BA$1.43
Eagle CreekOne Bedroom1BR,1BA$1.54
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.

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

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Frequently Asked Questions about Carlsbad

What type of rentals are currently available in Carlsbad?

There are currently 47 Apartments for Rent in Carlsbad, NM with pricing that ranges from $548 to $2,900. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carlsbad ranging from $900 to $4,500.

What is the current price range for Rental Homes in Carlsbad?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Carlsbad ranges from $900 to $4,500 with an average monthly rent of $2,374.

How much are larger Three and Four Bedroom Rentals in Carlsbad?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Carlsbad range from $707 to $2,359, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,775 to $2,300. 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

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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.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.