
Cheap Apartments for Rent in Cerro, NM from $900 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Cerro.


Santa Fe Suites

Evergreen Apartments

Vista Alegre Apartments

Sierra Blanca Apartments

Canyon Walk Income Restricted

Elevate at Oslo

Casa Loma Apartments

San Miguel Court
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Dakota Canyon

1200-1202 Alamosa Ave

Talavera Apartment Homes

Soleras Station

506 State St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

913 S 6th St

906 Atchison Ave

10F Elm St

908 9th St

210 Alamosa Ave

502 Bell Ct

1125 3rd St

512 Bell Ct

522 Bell Ct

6894 CO-12

221 Edison Ave

217 Edison Ave
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.

219 Edison Ave

1777 Edison Ave

507 Murphy Dr

5B Maple St

1000 NM-76
Cerro, NM Local Guide

How much does it cost to rent an apartment in Cerro?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cerro Studio Apartments | $1,417 | $950 | $1,837 |
Cerro 1 Bedroom Apartments | $1,843 | $900 | $3,145 |
Cerro 2 Bedroom Apartments | $2,182 | $975 | $4,017 |
Cerro 3 Bedroom Apartments | $2,479 | $1,574 | $4,645 |
Cerro 4 Bedroom Apartments | $2,420 | $2,420 | $2,420 |
Browse Top Apartments in Cerro
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Cerro, NM Local Guide
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Cheapest Available Cerro Apartments for Rent and Nearby
 The cheapest available apartment rental in Cerro, NM is a 1 Bed unit found at 4490 Bent Brothers Blvd priced from $900. Santa Fe Suites in the Arroyo Chamiso neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Cerro apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
4490 Bent Brothers Blvd | 1 Bed, 1 bath | 1BR,1BA | $900 |
Santa Fe Suites | Studio | Studio,1BA | $950 |
Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,099 |
Sierra Blanca Apartments | Studio | Studio,1BA | $1,100 |
Canyon Walk Income Restricted | One Bedroom | 1BR,1BA | $1,135 |
Elevate at Oslo | Studio - 325 | Studio,1BA | $1,225 |
Dakota Canyon | La Casita | Studio,1BA | $1,399 |
Vizcaya | Chama | 1BR,1BA | $1,415 |
The Mica | The Pines | 1BR,1BA | $1,428 |
Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $1,453 |
Best Value Apartments for Rent in Cerro, NM and Nearby
As of May 30, 2025 the best value apartment in the Cerro area is the $1.27 price per square foot 3x2 lg Model at Casa Loma Apartments in the in the Don Digeo neighborhood starting from $2,800. The second greatest value Cerro apartment is the The Sagebrush Model at The Mica starting at $1,872 with a $1.83 price per square foot in the Arroyo Chamiso neighborhood. Here is today’s list of the best values for Cerro apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Casa Loma Apartments | 3x2 lg | 3BR,2BA | $1.27 |
The Mica | The Sagebrush | 2BR,2BA | $1.83 |
Bluffs at Tierra Contenta | 2 Bedroom 2 Bath Townhome | 2BR,2BA | $1.57 |
Canyon Walk Income Restricted | One Bedroom | 1BR,1BA | $1.27 |
Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $1.95 |
Talavera Apartment Homes | Pinon | 2BR,1BA | $2.23 |
South Meadows | Rio Chama | 1BR,1BA | $2.24 |
Vizcaya | Chama | 1BR,1BA | $2.22 |
4490 Bent Brothers Blvd | 1 Bed, 1 bath | 1BR,1BA | $1.50 |
Vista Alegre Apartments | 1 Bed, 1 Bath | 1BR,1BA | $2.26 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Cerro, NM
Getting Around Cerro, NM
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 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 Cerro Apartments
What is the Cheapest Studio apartment in Cerro?
Currently the most affordable Cheap Studio Apartment in Cerro is at Santa Fe Suites listed at $950.
How much is rent for a Cheap One Bedroom Cerro Apartment?
The lowest price for a Cheap One Bedroom Cerro Apartment is $900 at 4490 Bent Brothers Blvd.
What is the lowest price for a Cheap Two Bedroom Cerro Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cerro is starting from $975 at 4490 Bent Brothers Blvd.
What is the most affordable Cerro Three Bedroom Apartment?
The best deal on a cheap Cerro Three Bedroom Apartment rental is at Canyon Walk Income Restricted and starts from $1,574.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.